Question

India's current account deficit in balance of trade is mainly due to which reason

Answer 1

The main reason for India's current account deficit, in balance of trade is corruption, among the political leaders, escaping income tax by high earning people,and many other factors, side by side.

    India itself is very prosperous and wealthy country, once this country was known as the golden bird. But the present scenario is, a particular people have a large amount of money, whereas on the other side, some group of people are dying for malnutrition, and lack of food.