Import duties seen in sync with global commitments
The Economic Survey indicates India's import duties have decreased over the years, aligning with global commitments. Tariffs, seen as tools for developing industries, face mixed views. Amid pressure, particularly from the US under Trump, India has raised duties in some sectors temporarily. The survey notes increased global protectionism and non-tariff barriers.
The Economic Survey indicates India's import duties have decreased over the years, aligning with global commitments. Tariffs, seen as tools for developing industries, face mixed views. Amid pressure, particularly from the US under Trump, India has raised duties in some sectors temporarily. The survey notes increased global protectionism and non-tariff barriers.
