Beruflich Dokumente
Kultur Dokumente
India being a signatory to World Trade Organisations General Agreement on Trade in Services, which include wholesale and retailing services, had to open up the retail trade sector to foreign investment. Retail trade contributes around 10-11% of Indias GDP and currently employs over 4 crores of people. There is a lot more growth in the sector which is untapped and which can contribute to the national economic growth.
for our farm produce to reach global markets, which would provide an momentum to the growth of Indian agriculture through export. To bring trade balance: In India trade is imbalanced as bringing out deficit in trade only. From the year 1980 to 2003 trade deficit is increased at an increasing rate. Foreign players can generate positive inflow of cash through export of trade items or cutting down expenses of trade can increase the margin of profit. To increase liquidity by the way of foreign exchange reserves India is in strong need of reserves to meet governments expenditure and trade requirements. Fiscal deficit and total public sector debt is increasing which is creating hindrance for Indian trade.