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Does trade deficit signal trouble for India’s economy? Premium Jagadish Shettigar, Pooja Misra Since 1990, on an average, India has had an overall trade deficit. Even so, for the period April–September 2020, India witnessed a trade surplus and is likely to post a current account surplus of 2% of GDP for 2020-21. However, this might not be a reason to rejoice. Mint explains: Share Via Read Full Story Since 1990, on an average, India has had an overall trade deficit. Even so, for the period April–September 2020, India witnessed a trade surplus and is likely to post a current account surplus of 2% of GDP for 2020-21. However, this might not be a reason to rejoice. Mint explains:

Indian economyTrade deficitTrade surplusCurrent account surplusTrade balanceExport boosting factorsஇந்தியன் பொருளாதாரம்வர்த்தகம் பற்றாக்குறைவர்த்தகம் உபரிதற்போதைய எண்ணுதல் உபரிவர்த்தகம் சமநிலைஏற்றுமதி அதிகரிக்கும் காரணிகள்