Why does india have an unfavourable balance of trade

1.	Why does india have an unfavourable balance of trade
Answer» Answer: India has been INCURRING high expenses on Petroleum Bill. In 2006-07, India's oil import bill was about US $ 48 billion. ... For the April-June quarter of 2008-09, oil imports grew by 50 percent to US $ 25 billion from US $ 17 billion in April-June 2007-08. plz follow me ❤️

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India has been INCURRING high expenses on Petroleum Bill. In 2006-07, India's oil import bill was about US $ 48 billion. ... For the April-June quarter of 2008-09, oil imports grew by 50 percent to US $ 25 billion from US $ 17 billion in April-June 2007-08.

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Why does india have an unfavourable balance of trade​

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Why does india have an unfavourable balance of trade