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India's trade deficit as a percentage of GDP fell from 4. Per cent in 1980 / 81to 3 per cent in 1990 / 91. India's exports figure crossed the $100 billion mark in 2005 / 06. Reforms in the domestic economy have been able to reduce excessive government control of economic decisionmaking.
India's trade deficit as a percentage of GDP fell from 4. Per cent in 1980 / 81to 3 per cent in 1990 / 91. India's exports figure crossed the $100 billion mark in 2005 / 06. Reforms in the d…