Developing the domestic currency reduction in the export subsidy adopting suitable policies which attract greater fdi and more funds from its which of the above actions can help in reducing the current account deficit
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These trends are credit positive, as they lower India's susceptibility to external shocks at a time when capital flows to emerging markets are volatile and weak economic conditions globally, particularly in the Gulf states, may dampen remittances," said the Moody's statement, quoting Marie Diron, senior vice president for the Sovereign Risk Group.
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Explanation:
(a) Promoting skill development
(b) Introducing more social security schemes
(c) Reducing infant mortality rate
(d) Privatization of higher education
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