A big CAD is a bad thing -- much like a big fiscal deficit.
A country is always better off with a small or zero CAD or ideally a surplus.
The CAD is a drag on growth.
The large CAD is a profound drag on India's outlook.
If we managed to reduce the CAD, things would get better.
Statements like this are rife. They are wrong.
what is CAD? and What is Current Account?
Will the present high CAD get us into BOP crisis similar to 1991?
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