How global political unrest has effect on Indian market?
Global political, social and economic issues have less or no impact on India because our country is really unique and independent in its own way
India’s economy thrives despite global recession since the contribution of its exports towards the national GDP is just 15%. The huge population of the country also contributes to its independent market.
Global political unrest doesn’t deter the stability of India’s market in any way since both the Indian government and the RBI have taken serious monetary policy reforms to recover it from the black swan event or the pandemic crisis
The population consumes almost all of the production of the country despite rising inflation. Therefore, India’s market can survive supplying to the consumeristic needs of its people alone.
The humongous number of small scale industries that operate in India catering to its own local people surrounding them helps Indian economy on the whole and thus stabilize the Indian market
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