The document discusses Brexit and its opportunities and challenges for India. It begins with acknowledging those who helped with the course. It then defines the European Union and its goals, and explains what Brexit is - the UK's decision in 2016 to leave the EU. The document outlines reasons for both exiting and remaining in the EU. It then discusses potential opportunities for India from Brexit like in services, education and easier market access, but also challenges around political risk, currency weakness, and global growth impacts. The conclusion is that Brexit could benefit India's economy but also pose burdens depending on how it is managed.

1. BREXIT : OPPORTUNITIES
AND CHALLENGES TO
INDIA
SUBMITTED BY –
Disha Bajaj
Application No.-
4bc2c300ed2611e9b55eab13bd032134
Central University of Punjab , Bathinda

2. ACKNOWLEDGEMENT
■ First of all, I like to thank almighty for giving me the
strength, knowledge, ability and opportunity to undertake
this course. Further, I want to thank “Academic Writing
course” coordinator who provided me the platform to learn
and acquire knowledge in the field of academic writing. I
also thankful to team of MOOC course “academic writing”
course for providing us informative and qualitative
sessions through video lectures, PDF files and self
assessment quiz and graded quiz
■ At last but not the least I am thankful to my parents,
teachers and friends for their help.
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3. CONTENT
■ MEANING OF EUROPEAN UNION
■ GOALS OF EUROPEAN UNION
■ WHAT IS BREXIT
■ WHY DEMAND FOR EXIT AND WHY DEMAND FOR
STAY
■ BREXIT: OPPORTUNITIES AND CHALLENGES
■ CONCLUSION
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4. Meaning of European
Union
■ The European Union (EU) is a political and economic
union of 28 member states that are located primarily in
Europe.
■ There are 28 member states in EU.
Austria , Belgium , Bulgaria , Croatia , Cypnus ,
Czech Republic , Denmark , Estonia , Finland ,
France , Germany , Greece , Hungary , Ireland ,
Italy , Lithuania ,Marta , Netherlands , Poland ,
Portugal , Romania , Slovdria , Slovenia , Spain ,
Sweden , United Kingdoms
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5.  The EU and European citizenship were established when the
Maastricht treaty came into force in 1993.
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6. Goals of EU
■ Promote peace, its values, and well being of its
citizen.
■ Offer freedom, security and justice without internal
borders
■ Promote scientific and technological progress.
■ Establish an economic and monetary union whose
currency is Euro.
The European Union in 2017 generated a nominal GDP
of 19.670 trillion US dollars, constituting approximately
24.6% of global nominal GDP.
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7. EU-INDIA : Trade in goods
Trade in goods 2015-2017 , € billions
EU-INDIA : Trade in services
Trade in goods 2014-2017 , € billions
Year EU imports EU exports Balance
2015 39.5 38.1 -1.4
2016 39.3 37.8 -1.6
2017 44.2 41.7 -2.5
Year EU imports EU exports Balance
2014 12.7 12.3 -0.4
2015 14.8 14.7 -0.1
2016 15.3 13.6 -1.7
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8. BREXIT
 “Britain exit from European Union” is the impending
withdrawal of the United Kingdom from European Union
United kingdom made up of England, Scotland, Wales and
Northern Ireland, is a country located in Northwestern
Europe
Referendum – held on 23rd June, 2016 to decide whether
UK leave or remain in EU
Leave – won by 51.9% to 48.1%
The referendum turnout was 71.8 % with more than 30
million people voting.
England voted for Brexit by 53.4 % to 46.6%
Wales also voted for Brexit with leave getting 52.5% of
vote and remain 47.5%
Whereas, Scotland voted against Brexit with remain getting
62% of vote and leave 38% Brexit with 55.8% of voted8"CC BY-SA-NC"

9. Why Demand for EXIT ?
1) Membership fees
2) Red Tapism
3) Law Making Power
4) Immigration
Why Demand for STAY?
1) Economic Growth
2) Trade
3) Security
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10. BREXIT : opportunities for India
1) Service Sector
2) Easy Market Access
3) Cheaper Imports
4) Education
BREXIT : Challenges for India
1) Political Risk
2) Global Growth Impact
3) Immigration norms
4) Currency weakness and unhedged exposure
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11. Conclusion
The conclusion drawn from this presentation is that
Britain's departure can be a boon or a burden for the
country’s economy. According to the Nasscom, Trade in
services has also eased. Anand Mahindra , Chairman
of one of India’s largest conglomerates , the Mahindra’s
group stated that “with the lower pound, if there are
some hi-tech assets which can be acquired in the UK,
suddenly this makes UK a much better shopping mall for
Indian companies”. Indian finance minister Arun Jaitely
and former Central Bank Governor Raghuram Rajan
have both assured investors that India’s Economic
fundamental are strong. But Nasscom also stated that
falling value of pound could render several existing loss
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12. REFERENCE
https://www.bbc.com/news/ uk-politics-32810887
https://www.vox.com/world/2019/4/10/18283027/brexit-news-
uk-eu-questions
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