Brexit and its Economic Manifestations for India

Abstract

Britain has decided to exit the European Union (EU) which is termed as Brexit (Britains exit) in June 2016 and since then a plan for the exit has been drawn which has been getting extensions after extensions as it was a harsh decision taken by the British which is going to impact the economy of Britain in numerous ways. Though Brexit has been  predicted by many to be a bane for the UK but there are many who have even championed the decision saying that in the long run England will economically benefit from such a significant decision. India is a very close-partner of England in matters of economic development and commerce and therefore it is evident that India will be affected by the decision. The paper Brexit and its Economic Manifestations for India seeks to probe at the impact(s) of Brexit on Indian economy so as to figure out the ways in which India needs to cope up with its economic policies to cope up with Brexit and look forward to making a more coherent space economically as well as politically in a globalized world.