From: CUTS International
Rajrishi Singhal
Live Mint
June 14, 2017
It is vital that India’s trade policy, while taking cognizance of GST’s nitty-gritties, also realigns domestic trade infrastructure with the altering global trade landscape
India’s commerce
ministry is conducting a mid-year review of its trade policy to closely
align it with the roll-out of the goods and services tax (GST) on 1 July.
Truth be told, GST is important but probably too narrow a peg to hang
India’s trade policy from; it might make more sense to re-anchor the
policy in the shifting framework for global trade and the rapidly
evolving nature of globalisation.
Live Mint
June 14, 2017
It is vital that India’s trade policy, while taking cognizance of GST’s nitty-gritties, also realigns domestic trade infrastructure with the altering global trade landscape
Three areas demand trade policy’s attention:
One is to prepare for less reliance on traditional trade partners in the West while increasing India’s trade and investment footprint in alternative markets, such as the African continent.
Second, there is a need for a clear link between India’s trade policy and Make In India, including strategic linkages through global value chains.
Finally, there is a trade in services.
Please read this article at:
One is to prepare for less reliance on traditional trade partners in the West while increasing India’s trade and investment footprint in alternative markets, such as the African continent.
Second, there is a need for a clear link between India’s trade policy and Make In India, including strategic linkages through global value chains.
Finally, there is a trade in services.
Please read this article at:
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FunCompForum for news and views on Economic Policy & Governance Issues in India
CompetitiOnlineForum for International Competition, Investment and Regulation news and views
CUTSTradeForum for International Trade & Development news and views
CUTS-SouthAsia to discuss Trade and Economic (including Competition and Investment and Regulations) issues and challenges in South Asia
CUTSConsumersUp for Consumer Empowerment in India to take the consumer movement forward
CUTSGovForum to discuss news and views on Governance issues and challenges in India
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