Administrative efficiency and targeted schemes can ease frictions, but they cannot offset the competitiveness loss from expensive imported intermediates.
The IGST component of total import duty collections is growing faster than that from Customs duty. And states enjoy a larger share in the rapidly growing pie of IGST on imports.
Govt reduced import duty on palm oil earlier this month to bring down retail prices. Some oil and farm associations say it contradicts govt’s vision of 'Atmanirbhar Bharat'.
A group of ministers set up to promote Indian manufacturing has flagged various ways through which Chinese goods are evading duties and other restrictions.
Beyond the immediate protection of Israel and its borders, which the USA could reasonably commit itself to, it did not need to get into every war in the Muslim world.
When conflict with Iran ends, says the report, area’s key players are likely to reexamine longstanding assumptions & alliances as they determine how best to advance their interests.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
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