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The new foreign trade policy (2015-20) announced by the Commerce Minister recently is aimed at doubling India's exports from $465.9 billion in 2013-14 to $900 billion in 2020. However, for this, India has to gain the reputation of producing good quality, zero-defect products which can compete in international markets. To achieve this goal, much needs to be done.
The new policies ensure that smaller vendors, businesses, and local artisans can access international markets, thus, making them a part of India’s e
India’s Digital Public Infrastructure (DPI), known as India Stack, has not only had a profound impact on the country’s economy but also has potential significance for global economic integration. This brief elucidates how this framework has facilitated financial inclusion, spurred innovation, and propelled economic growth in India. It highlights the foundational role of the India Stack in transforming the country’s financial landscape, and
Giving huge amounts of cash subsidies in the developed countries also distorts market. Lowering the actual cost of production artificially, these countries have produced mountains and lakes of agricultural products which are then dumped in international markets which lower the prices.
