Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | India’s external sector during the pandemic -CP Chandrasekhar and Jayati Ghosh    </title>
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The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its..."/>
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The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its..." />
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                            <p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its external vulnerability: a large increase in public spending could generate higher imports, thereby worsening the trade deficit at a time when volatile capital flows have already made the balance of payments vulnerable.</p><p style="text-align:justify">Is this fear justified? It is certainly true that India&rsquo;s external sector has been weak and vulnerable for some time now, and a dramatic exodus of foreign capital from all emerging markets including India in April 2020 was yet another indication of the fickle behaviour of international capital markets. Figure 1 shows that the weakness on the trade front continues, with exports, which slumped in March and April, recovering thereafter but still in October 2020 remaining below the levels of the previous year. However, imports also slumped, largely reflecting the contraction of the domestic economy and the collapse of demand, along with declining world prices for some major imports like oil. As a result, the trade deficit shrunk substantially in the period April to September, with a minor increase in October 2020 as imports grew again while exports fell.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU" title="https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its external vulnerability: a large increase in public spending could generate higher imports, thereby worsening the trade deficit at a time when volatile capital flows have already made the balance of payments vulnerable.</p><p style="text-align:justify">Is this fear justified? It is certainly true that India&rsquo;s external sector has been weak and vulnerable for some time now, and a dramatic exodus of foreign capital from all emerging markets including India in April 2020 was yet another indication of the fickle behaviour of international capital markets. Figure 1 shows that the weakness on the trade front continues, with exports, which slumped in March and April, recovering thereafter but still in October 2020 remaining below the levels of the previous year. However, imports also slumped, largely reflecting the contraction of the domestic economy and the collapse of demand, along with declining world prices for some major imports like oil. As a result, the trade deficit shrunk substantially in the period April to September, with a minor increase in October 2020 as imports grew again while exports fell.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU" title="https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | India’s external sector during the pandemic -CP Chandrasekhar and Jayati Ghosh    </title>
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The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its..."/>
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                            <p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its external vulnerability: a large increase in public spending could generate higher imports, thereby worsening the trade deficit at a time when volatile capital flows have already made the balance of payments vulnerable.</p><p style="text-align:justify">Is this fear justified? It is certainly true that India&rsquo;s external sector has been weak and vulnerable for some time now, and a dramatic exodus of foreign capital from all emerging markets including India in April 2020 was yet another indication of the fickle behaviour of international capital markets. Figure 1 shows that the weakness on the trade front continues, with exports, which slumped in March and April, recovering thereafter but still in October 2020 remaining below the levels of the previous year. However, imports also slumped, largely reflecting the contraction of the domestic economy and the collapse of demand, along with declining world prices for some major imports like oil. As a result, the trade deficit shrunk substantially in the period April to September, with a minor increase in October 2020 as imports grew again while exports fell.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU" title="https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU">click here</a> to read more.</p>                                                           
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India’s external sector during the pandemic -CP Chandrasekhar and Jayati Ghosh

Published on Dec 29, 2020   Modified on Dec 30, 2020

-NetworkIdeas.org The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its external vulnerability: a large increase in public spending could generate higher imports, thereby worsening the trade deficit at a time when volatile capital flows have already made the balance of payments vulnerable. Is this fear justified? It is certainly true that India’s external sector has been weak and vulnerable for some time now, and a dramatic exodus of foreign capital from all emerging markets including India in April 2020 was yet another indication of the fickle behaviour of international capital markets. Figure 1 shows that the weakness on the trade front continues, with exports, which slumped in March and April, recovering thereafter but still in October 2020 remaining below the levels of the previous year. However, imports also slumped, largely reflecting the contraction of the domestic economy and the collapse of demand, along with declining world prices for some major imports like oil. As a result, the trade deficit shrunk substantially in the period April to September, with a minor increase in October 2020 as imports grew again while exports fell. Please click here to read more.

NetworkIdeas.org, 29 December, 2020, https://www.networkideas.org/featured-articles/2020/12/indias-external-sector-during-the-pandemic/?fbclid=IwAR1_RQ4t4Ro1KIiJNybBJjj2SrOK6NX6jLKf3NnKr3kRaoWz35zoSwkwQaU

Tagged with: Pandemic Exports Imports Trade Balance External Commercial Borrowing Foreign Direct Investment Foreign Portfolio Investment

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