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Macronomics: Why is India Pushing FDI? Charts Show Other Sources are Falling

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The government has made some major noises about FDI reforms. But we have figured out why they need FDI, all of a sudden. (See our post on India's recent FDI reforms) This post talks about why this FDI focus has come about: Because we're losing traction in every other source of dollars.

We had a very small current account deficit this time. The deficit was just $300 million dollars, where has been as high as . . .

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