BR-EXIT- Why Should Indians Care?

British exits from EU is termed as 'BR-EXIT' . Recently , Britain has passed an agreement which states that it will no longer be a part of the European Union . It will take around two to two and a half years to affect the Indian economy . Following are the changes in India's economy and financial sector .

First as soon as Britain exits EU , Pound will fall 8 % relative to the Indian rupee . Due to which many Indian citizens and companies will be benefited . The property and land rate s have also decreased due to which many Indian companies can establish and expand their sector . Our market will be benefited due to these reasons .

Second , as we have seen that many countries in Europe were dominated . Now these countries unencumbered the UK . India's trade route will now change . Firstly India used to trade into Europe through UK but now the trade can happen directly . Due to this many taxes and customs will be lowered which is a plus point .

Third , Indian students looking forward to study in UK will now be much easier . Employment license , property license etc. will be leased in both Europe and UK .

So firstly we thought UK is existing from Europe so why do we Indians care but looking upon the effects and its advantages , we should care about BR-EXIT .