Research Journal of Humanities and Social Sciences
  • Year: 2015
  • Volume: 6
  • Issue: 4

A study on negative trade balance in India and its impact on Indian economic

Assistant Professor, Vivekanand Mahavidyalaya, Raipur

*Corresponding Author: Dr. Ashish Dubey, Assistant Professor, Vivekanand Mahavidyalaya, Raipur drashishdubey24@gmail.com

Online published on 22 March, 2016.

Abstract

This paper analyse the impact of trade policy reforms in India and its negative balance. Before the end of 20th century the world wide defilation has affected the market, employment and income of all stable economy. All economy applied too many policies to control it, but they are failure. The economic theories explain that inflection and defilation is a part of economic function and for the growth it is essential to control it. We tried to find out, how Indian economy is successful to control the world wide defilation for their world trade.

Keywords

Indian economy, trade, trade balance