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INFANT INDUSTRY ARGUMENT
High tariffs once criticised by rich nations now back in global trade debate: SourcesDeveloped nations, once critical of tariffs, are now employing them to protect domestic industries, echoing arguments previously made by de...- No US tariff officially imposed on India, talks ongoing, parl panel toldA parliamentary panel has been briefed on ongoing negotiations with the US regarding tariffs on Indian goods. India is advocating for prote...
- Budget 2024: Unlocking India’s manufacturing prowess key to Viksit BharatThe Union Budget for 2024-2025 is likely to prioritise sustainable domestic growth under the "Viksit Bharat" initiative. Efforts to positio...
- Progressives forget their free-trade heritage at own perilUS President Joe Biden has not only kept in place Donald Trump’s tariffs but brought into existence subsidies and incentives worth trillion...
- An export-minded self-reliance mixIndia strives to enhance global manufacturing presence through a strategic mix of export promotion and tariff protection. This approach aim...
- Siddhartha Sanyal on significance of India-EFTA dealThe free trade agreement between India and four European nations is significant as India's position in the global supply chain improves. Mo...
- Need to rationalise customs duties in certain sectors: OfficialNormally, customs duties or tariffs are used as a policy tool to ensure a higher level of protection for certain sectors to boost domestic ...
- Toy manufacturing: No new PLI sops on cards for now, says DPIIT secyThe Centre is running PLI programmes worth ₹1.97 lakh crore for 14 sectors in which India aims for self-reliance. These sectors include mob...
- Centre not planning any new PLI schemes: DPIIT secretaryResponding to a query on the decision to put the toy PLI proposal on hold, DPIIT secretary Rajesh Kumar Singh said, “Currently we are focus...
- India will have to eventually move to lower customs duty regime, says DPIIT Secy Rajesh Kumar SinghIndia will eventually move to a lower customs duty regime and cannot continue protecting domestic manufacturers by citing the infant indust...
- View: Female flyers, grounded by dataThe carry-on luggage of female passengers is 0.8 kg lighter than that of male passengers, with no significant difference between the checke...
- Software localisation harder than it seemsSoftware companies have a point in asking GoI for changes to local value addition rules for public procurement. Software value chains are t...
- View: India is not China. The new policy of state support to select sectors could be very riskyChina succeeded because its land acquisition is cheap and quick. In India it is costly and constantly delayed. India’s electricity is among...
- View: India needs to understand a new source of monopoly power: the network effectThe question is complicated by a separate but important issue: checking monopoly power bestowed by the internet on early movers. Historical...
- View: India should practise what it preaches on trade, shun protectionismThe protectionist measures follow new duties imposed in December on electronic goods.
- Forget Davos rhetoric, ‘protectionist’ India is nowhere near a global leaderIndia is still a poor country, internally riven over its own social and economic problems, can barely think about developing a new vision f...
- Learning by doingFinancial-market liberalisation may undermine countries’ ability to learn another set of skills that are essential for development: how to ...
- Budget 2011 should address tax challenges faced by insurance sector: Prakash Shah, Tax professional, Ernst & YoungGovernment should consider introducing provisions in the budget for extending the period of carry forward for life insurance companies.
- Insurance Industry hopeful that the Budget '09 would resolve the mazeUntil 2001, insurance was a nationalized activity; the domain of the Government owned insurance companies.
- 'Recognize health as a basic human right'India might not be able to afford health care for everyone, but that should not stop it from recognizing health as a basic human right, Nob...
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