Crisil has said in a report that Indian exports are flowing back to economies that have been successful in checking Covid spread, while falling to countries like the US, UK.
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.
The Modi govt has tried to avoid labels of protectionism, but one can see presence of import-substitution policies in the govt’s post-Covid-19 stimulus package.
Federation of Indian Export Organisations, the apex body of exporters requested the govt to provide 2% additional MEIS support to all exports & 4% to labour-intensive sectors.
In an interview to ThePrint, former Niti Aayog vice-chairman Arvind Panagariya welcomes rupee depreciation as it will make Indian exports more competitive.
Greens have a sizeable support in the Western countries with clean air and blue skies, but not in India, where poisonous air, water and soil kill millions.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
If you look at graphs and charts in the Wiki link https://en.wikipedia.org/wiki/Import_substitution_industrialization, almost every developed country in the world followed a policy where imports are heavily taxed. Especially, during the time of depression, duties were extremely high. Even China had done in the 80’s and 90’s. If we can create products to cater to our market, that should be good enough initially. These steps seems to work already. Apple, Samsung etc already decided to create manufacturing bases in the country. Many more are following. Instead of using derogatory terms, why don’t you contribute to the discussion by pointing out facts?
This trade deficit is temporary. Once virus recovered india will loose the export anyway.hope china will put sanction in India. India is a selfish country. Purpousfully attacked china to villify and kill Chinese business. One lesson china will learn from India India will backstabb anyways .i have watched Indian TV channels and the way India politicesd china it’s too bad. Lot of facts are fabricated beyond limit. You to have respect other 1.4 billion innocent people wtiring faKeep news
Indians have become immoral beings as you can see India is full of R@P!$T$ in recent decades…
What if China now decides to retaliate by imposing trade sanctions on India?
Who will be the loser then?
Restricting technology imports from China will only hurt Indian industry’s competitiveness and make us even more vulnerable to external aggression in future.
Do the so-called ‘self-reliance’ strategists in the godi media have the courage to speak truth to power?
If you look at graphs and charts in the Wiki link https://en.wikipedia.org/wiki/Import_substitution_industrialization, almost every developed country in the world followed a policy where imports are heavily taxed. Especially, during the time of depression, duties were extremely high. Even China had done in the 80’s and 90’s. If we can create products to cater to our market, that should be good enough initially. These steps seems to work already. Apple, Samsung etc already decided to create manufacturing bases in the country. Many more are following. Instead of using derogatory terms, why don’t you contribute to the discussion by pointing out facts?
This trade deficit is temporary. Once virus recovered india will loose the export anyway.hope china will put sanction in India. India is a selfish country. Purpousfully attacked china to villify and kill Chinese business. One lesson china will learn from India India will backstabb anyways .i have watched Indian TV channels and the way India politicesd china it’s too bad. Lot of facts are fabricated beyond limit. You to have respect other 1.4 billion innocent people wtiring faKeep news
Indians have become immoral beings as you can see India is full of R@P!$T$ in recent decades…
What if China now decides to retaliate by imposing trade sanctions on India?
Who will be the loser then?
Restricting technology imports from China will only hurt Indian industry’s competitiveness and make us even more vulnerable to external aggression in future.
Do the so-called ‘self-reliance’ strategists in the godi media have the courage to speak truth to power?