Comments by "M Shastri" (@libshastra) on "'Something worrying is happening in economy, Modi govt must shift focus to commerce ministry'" video.

  1. 2% in import growth over 3 years means trade with China has been flat. But we should utilize our FTA with SK and Thailand.
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  2. Also slowing Europe could be great for our economy. We might look at an outsourcing boom. MSME might receive more orders at cheaper rates. This analysis by TCA seems a bit alarmist.
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  3.  @biswaroopmaiti2943 European businesses will pursue cost cutting measures to survive the downturn. That would mean a lot of low value work will be outsourced. That's how China grew it's manufacturing, it started offering tiny things like vehicle headlamp assemblies to German car companies during the 2008 financial crisis.
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