TY  - JOUR
T1  - The Study of Direction of India’s Balance of Payment and Balance of Trade Position:
A Contemporary Scenario
AU - Jadhav, Babasaheb 
JO  - International Business Management
VL  - 14
IS  - 8
SP  - 249
EP  - 255
PY  - 2020
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2020.249.255
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2020.249.255
KW  - Indian economy
KW  -BOP
KW  -BOT
KW  -current account transactions
KW  -capital account transactions
KW  -BOT deficit
KW  -BOP deficit etc.
AB  - The BOP&BOT position is essential measure
for the sound health of an economy and can be studied
under the major heads of export, import, current account,
capital account and international reserves. Most of the
developing countries are in BOP&BOT deficit and India
is being no exception for this. Since, independence, Indian
economy has been facing deficit or disequilibrium in
terms of BOP&BOT, largely observed as a disaster in
1991, the year of the severe BOP crisis and economic
reforms. Different economic activities conducted by the
country with different nations in the world affect India’s
BOP&BOT in some or the other way. While studying
Indian economy balance of payments and balance of
trades is very important as BOP&BOT have impact on
economic health of the country and companies. Trade
policies of government, political and cultural relations
with different nations, exchange rate policies,
convertibility policies, economic planning and policies
etc. influence international commercial activities and
affect the BOP&BOT of India.
ER  -