Dr Arpita Mukherjee, Professor at ICRIER, proposes a step-by-step framework for India’s Foreign Trade Policy, where India should look at success stories from other countries, make subsidies WTO-compliant, and focus on market development, competitiveness and efficiency, as opposed to incentives. IBT: What have you observed as the most transformational changes...
Exporters would benefit from early announcement of RoDTEP rates across sectors, as well as a seamless process for claiming benefits. While there is currently ambiguity on the exact outlay given budgetary constraints, the scheme needs to be viewed from the perspective of its potential to revive India’s exports and encourage...
Sujit Patra Secretary, Indian Tea Association, states that Covid-19 pandemic has already affected Indian tea exports. Iran is a key market for Indian tea, and the current payment issues can provide inroads to the competition. Therefore, the issue must be resolved at the earliest. Image credit: https://bit.ly/37r3qG5 IBT: What role does...
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