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Current account surplus likely this fiscal

Chief Economic Adviser KV Subramanian on Monday said India is likely to post current account surplus in the current financial year

Current account surplus likely this fiscal
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Chief Economic Adviser KV Subramanian

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New Delhi: Chief Economic Adviser KV Subramanian on Monday said India is likely to post current account surplus in the current financial year as there is moderation in imports due to the economic crisis triggered by the Covid-19 pandemic.

This crisis is different from what the world witnessed during the taper tantrum, he said, while addressing a virtual conference organised by industry body CII.

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