Chapter 03 // External Sector S02E03

<p>Tune in to dive into the international waters of the economy as EPITOME presents your brilliant minds with a detailed analysis of how INDIA's External sector interacts with the economies all around and see how external trade recovered strongly in 2021-22 after the pandemic-induced slump of the previous year, with strong capital flows into India, leading to a rapid accumulation of foreign exchange reserves.&nbsp;</p>

<p>The resilience of India’s external sector during the current year augurs well for growth revival in the economy.&nbsp;</p>

<p>However, the downside risks of global liquidity tightening and continued volatility of global commodity prices, high freight costs, coupled with the fresh resurgence of COVID-19 with new variants may pose a challenge for India during 2022-23.<br>

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In conversation // <a href="https://www.instagram.com/cheshtabansal07/" target="_blank">Cheshta Bansal</a>, <a href="https://www.instagram.com/_rachana0_0/" target="_blank">Rachana Singh</a> &amp; <a href="https://www.instagram.com/sriish_tyy/" target="_blank">Srishti Yadav</a></p>