Unlike its East Asian neighbours, India has scale manufacturing in only handful of sectors. Our trading success may lie more with value-added exports for which R&D becomes crucial.
New FTP expects e-commerce exports to grow up to $200-300 billion by 2030. It also proposes reduced licence fees for MSMEs, provisions for merchanting trade & more.
Two contradictory court judgments this week raise an uncomfortable question: Has the judiciary, from the trial court to the Supreme Court, moved from a reformative institution to a retributive one?