An analysis by ThePrint shows that exports, in particular, despite having seen some years of positive growth, have remained stagnant as a percentage of India’s GDP.
India allowed mills to export only 6.1 million tonnes of sugar during the current season to 30 September, after letting them sell a record 11.1 million tonnes last season.
The India-UAE Comprehensive Economic Partnership Agreement signed Friday is first comprehensive trade deal signed by India with a Gulf country & India’s first trade agreement in a decade.
The ISA should champion a Global Solar Asset Registry for standardised project information, and establish a Solar Credit Guarantee mechanism to mitigate political and currency risks.
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.
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.
Modi and his team have not handled the economy properly. Chest thumping about being the 5th largest economy in the world does little to hide their failures.
And Indian industry is the primary culprit for this scenario. Despite record low corporate tax and repeated urgings fron the Union government, they have not invested in the Indian economy. Rather, they invested overseas and created jobs and infrastructure in other nations. So tax cuts in India ultimately benefited foreign nations.
It’s quite obvious now that nationalism drives only the middle class – the usual idiots. Industry is not swayed by nationalism. Neither do tax cuts entice them to invest in the domestic market.
Carrots, quite clearly, have not worked till now. I genuinely wish the Modi government uses the stick now.
If I become the PM, I will sign free-trade agreements with all the countries in the world in one day, increase supply of goods, deflate the prices, make consumer the king.
Modi and his team have not handled the economy properly. Chest thumping about being the 5th largest economy in the world does little to hide their failures.
And Indian industry is the primary culprit for this scenario. Despite record low corporate tax and repeated urgings fron the Union government, they have not invested in the Indian economy. Rather, they invested overseas and created jobs and infrastructure in other nations. So tax cuts in India ultimately benefited foreign nations.
It’s quite obvious now that nationalism drives only the middle class – the usual idiots. Industry is not swayed by nationalism. Neither do tax cuts entice them to invest in the domestic market.
Carrots, quite clearly, have not worked till now. I genuinely wish the Modi government uses the stick now.
If I become the PM, I will sign free-trade agreements with all the countries in the world in one day, increase supply of goods, deflate the prices, make consumer the king.