India's trade with the world in deficit, how will it become 'self-reliant'?

by GoNews Desk Dec 18, 2021 • 04:26 PM Views 878

India’s merchandise imports in November 2021 was USD 53.15 billion, an increase of 57.18% over USD 33.81 billion in November 2020 and an increase of 37.96% over USD 38.52billion in November 2019.

India’s merchandise imports in April-November 2021 was USD 384.44 billion, an increase of 75.39%  over USD 219.19 billion in April-November 2020 and an increase of 18.44% over USD 324.59 billion in April-November 2019.

The trade deficit in November 2021 was USD 23.27 billion, while it was121.98 billion USD during April-November 2021.