Customs Act allows Modi govt to prohibit imports from China. But the law's compatibility with WTO norms brings legal hurdles. That's where Atmanirbhar Abhiyan comes in.
In conversation with ThePrint's Editor-in-Chief Shekhar Gupta, Chief Economics Commentator at The Financial Times, Martin Wolf discussed India's fiscal deficit, banking sector and its potential in the global market.
India buys everything from electronics to key drug ingredients to industrial machinery from China and reducing that reliance won’t be easy, experts say.
Modi govt has been working on a multi-pronged strategy since walking out of RCEP last year. LAC incident has only pushed the process, says top official.
Border trade between the countries resumed in 1992 after remaining suspended for decades after the 1962 India-China War and takes place between June-October every year.
At ThePrint's Off The Cuff, American author-journalist Friedman also said PM Modi deserved a 'decent grade' for quickly imposing the lockdown in India.
From border to trade to Indian Ocean, there are many other areas of concern India could focus on instead of attacking China over the coronavirus pandemic.
Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
Saraswat is trying his best to stay in lime light with no knowledge of economy and foreign trade… He should continue to enjoy with the share he gets from his industry friends of Hyderabad.
While rebutting Yogendra Yadav’s assertion that reduction in corporate tax benefited only 0.5 % companies a prominent Niti Ayog member said on NDTV that 0.5% of companies paid 98% of the corporate tax.Then where is the MSME sector that needs to be pushed forwards? There was a time long back when MSME sector was developing fast but today whatever of it was left has succumbed to Covid-19.
Nice
The authors might want to say more about WTO violations by china in their next. It’s a good start to address our northern neighbours.
Wonderful read by saraswat and co.
Saraswat is trying his best to stay in lime light with no knowledge of economy and foreign trade… He should continue to enjoy with the share he gets from his industry friends of Hyderabad.
While rebutting Yogendra Yadav’s assertion that reduction in corporate tax benefited only 0.5 % companies a prominent Niti Ayog member said on NDTV that 0.5% of companies paid 98% of the corporate tax.Then where is the MSME sector that needs to be pushed forwards? There was a time long back when MSME sector was developing fast but today whatever of it was left has succumbed to Covid-19.
This govt. is neither serious nor competent. Who else would have taken a growing economy MMS left and shrink it with demonetisation ?
They did much showbiz about Make in India, Digital India, Stand up India, Skill India….all were flops.
Their energies were spent on CAA-NRC, Hindu-Muslim, that is what brings power and money for them. They are banking on the Hindu mindset.