Economic Survey 2025–26 : External Sector - Playing the Long Game | Chapter 4 | UPSC 2026 Must Watch

Описание: As the global economy shifts from efficiency-driven "Hyper-globalisation" to security-driven "Geostrategic Globalisation," India is recalibrating its strategy. We analyse how India’s services exports are funding nearly two-thirds of the merchandise trade deficit and acting as a structural buffer.
Key Highlights Covered:
• Global Trade Dynamics: Understanding concepts like Friend-shoring, Near-shoring, and the rise of Connector Countries like Vietnam and Mexico,.
• Export Resilience: How sectors like Telecom (PLI success) and Drugs & Pharma are driving growth despite global headwinds,.
• Remittances Shift: The structural change in remittance sources from Gulf nations to Advanced Economies like the USA and UK, reflecting high-skilled migration.
• Hidden Potential: Why India ranks 2nd globally in the Complexity Outlook Index (COI), signaling a readiness to jump into high-tech manufacturing.
• Strategic Goal: India's roadmap to move from "Strategic Resilience" to "Strategic Indispensability" in global value chains.
Hashtags
#EconomicSurvey2025 #IndianEconomy #ExternalSector #GlobalTrade #Geopolitics #ServicesExports #UPSCPreparation #Remittances #MakeInIndia #StrategicAutonomy


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