Import tariffs are not an economic consideration for the government of India anyway, with data from Budget 2025-26 showing that customs duty isn’t a key revenue source.
The government’s recent decision to revoke a customs duty exemption on Indian art was the central topic of a panel discussion at DAG in Delhi this week.
Three drugs given customs duty waiver this week are all by a single drugmaker, it has been pointed out. Oncologists say concession basket needs to be extended.
Finance ministry announces exemption from basic customs duty. Cost of some medicines used to treat rare diseases ranges from Rs 10 lakh to Rs 1 crore, says govt.
Coal-based power generation fell 3% in 2025 while renewable capacity surged to 40% of India’s installed power mix, according to India Power Sector Review 2025 by CREA.
Pakistan military said it has assured Bangladesh of fast-tracked delivery of Super Mushshak trainer aircraft during high level defence meet held Tuesday.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
Wholeheartedly agree with your views which I have for long supported that India must lower tariffs and move to a more market friendly policies. We need to start by dramatically reducing the size of our bureaucracy who will neither let you to simplify regulations nor allow any meaningful reforms.
The protectionist decade has harmed manufacturing, exports, job creation. Economists of the caliber of Dr Arvind Panagariya in Niti Aayog should have flagged issues early on.
Wholeheartedly agree with your views which I have for long supported that India must lower tariffs and move to a more market friendly policies. We need to start by dramatically reducing the size of our bureaucracy who will neither let you to simplify regulations nor allow any meaningful reforms.
Well articulated. Indian manufacturers need support but not mollycoddling.
The protectionist decade has harmed manufacturing, exports, job creation. Economists of the caliber of Dr Arvind Panagariya in Niti Aayog should have flagged issues early on.