India Insulated from Economic Fallout

Union Finance Minister Arun Jaitley said despite a global slowdown and its impact on countries, India remains insulated from the economic fallout and stands out as a “brighter spot”.
“India is not a part of the Chinese production chain, significantly. In fact, the two segments – commodities and oil – that been adversely affected certainly don’t adversely impact India (which is) a net importer,” Jaitley said last night at The Singapore Summit 2015 here. Details
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