India's Trade Policy Needs Urgent Makeover for Global Edge

Source: doi.org

India's trade strategy is outdated and holding back its economy, favoring high tariffs and self-reliance over global integration. The author, an economist analyzing recent data, argues for bold reforms like slashing import duties and targeting high-value exports to mirror successes in Vietnam and Bangladesh. Policymakers, businesses, and everyday Indians matter because this could unlock millions of jobs and double-digit growth, but current policies lock in inefficiency.