CAD is manageable as India is doing well in services exports: Piyush Goyal

  • Posted on November 19, 2024
  • By Business News Today
  • 2 Views
CAD is manageable as India is doing well in services exports: Piyush Goyal

India's Commerce Minister Piyush Goyal reassured that the country's current account deficit is manageable, citing robust services exports and a significant portion of imports being re-exported after value addition. He highlighted that while India relies on imports for certain goods, its strong services surplus and remittance inflows contribute to a stable financial position.
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