Rajiv Kumar says Modi govt’s labour reforms and PLI scheme will boost industry and exports, and not joining RCEP won’t freeze India out of global markets.
Australian High Commissioner to India Barry O’Farrell says countries looking to create new & resilient supply chains, CECA trade pact will move forward.
Tariffs will be eliminated on at least 92% of traded goods among the 15 nations that signed the RCEP. Meanwhile, some of India’s top 10 exports will face erosion in market share.
It’s unrealistic to expect manufacturing to be 25% of India’s GDP by 2030. ‘Atmanirbhar’ concept is Nehruvian, and India’s competitiveness has to be improved.
India hasn’t signed the RCEP, leading to concerns that it will get isolated. But it’s a China-centric deal that would have few advantages for India’s exports.
Joining a China-led trade arrangement because the US is unwilling to provide an alternative is a strategic equivalent of cutting your nose to spite your face.
New Delhi: After eight years of negotiations, 15 Asia-Pacific nations have finally signed the Regional Comprehensive Economic Partnership (RCEP), hailed as one of the...
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
What about personal income tax?