Deprecated (16384)CORE/src/Core/functions.php , line 311 ]Code Context
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Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98 Deprecated (16384)CORE/src/Core/functions.php , line 311 ]Code Context
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<head><meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<title>
LATEST NEWS UPDATES | WTO urges India to reduce tariffs -Asit Ranjan Mishra </title>
<meta name="description" content="-Livemint.com
* Frequent policy changes create uncertainty, says report
* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%
India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with..."/>
<meta name="keywords" content="WTO,World Trade Organisation,Trade Policy Review,Tariff Rates,International Trade"/>
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* Frequent policy changes create uncertainty, says report
* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%
India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with..." />
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<h1 class="cat-box-title">WTO urges India to reduce tariffs -Asit Ranjan Mishra</h1>
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Published on</span><span class="text-date"> Jan 7, 2021</span>
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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* Frequent policy changes create uncertainty, says report</em></p><p style="text-align:justify"><em>* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%</em></p><p style="text-align:justify">India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.</p><p style="text-align:justify">“While the overall goal remains to increase exports, since policymaking in India is focused on domestic issues, trade policy is frequently used to encourage domestic production and meet domestic inflation and supply objectives. Thus, changes are made as required to import and export restrictions and the tariff to ensure stable domestic supplies of key products," the WTO secretariat said in its report, holding that frequent changes in import and export policy create uncertainty for economic actors.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html" title="https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html">click here</a> to read more.</p>
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LATEST NEWS UPDATES | WTO urges India to reduce tariffs -Asit Ranjan Mishra </title>
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* Frequent policy changes create uncertainty, says report
* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%
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<h1 class="cat-box-title">WTO urges India to reduce tariffs -Asit Ranjan Mishra</h1>
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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* Frequent policy changes create uncertainty, says report</em></p><p style="text-align:justify"><em>* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%</em></p><p style="text-align:justify">India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.</p><p style="text-align:justify">“While the overall goal remains to increase exports, since policymaking in India is focused on domestic issues, trade policy is frequently used to encourage domestic production and meet domestic inflation and supply objectives. Thus, changes are made as required to import and export restrictions and the tariff to ensure stable domestic supplies of key products," the WTO secretariat said in its report, holding that frequent changes in import and export policy create uncertainty for economic actors.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html" title="https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html">click here</a> to read more.</p>
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LATEST NEWS UPDATES | WTO urges India to reduce tariffs -Asit Ranjan Mishra </title>
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* Frequent policy changes create uncertainty, says report
* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%
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* Frequent policy changes create uncertainty, says report
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<h1 class="cat-box-title">WTO urges India to reduce tariffs -Asit Ranjan Mishra</h1>
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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* Frequent policy changes create uncertainty, says report</em></p><p style="text-align:justify"><em>* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%</em></p><p style="text-align:justify">India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.</p><p style="text-align:justify">“While the overall goal remains to increase exports, since policymaking in India is focused on domestic issues, trade policy is frequently used to encourage domestic production and meet domestic inflation and supply objectives. Thus, changes are made as required to import and export restrictions and the tariff to ensure stable domestic supplies of key products," the WTO secretariat said in its report, holding that frequent changes in import and export policy create uncertainty for economic actors.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html" title="https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html">click here</a> to read more.</p>
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LATEST NEWS UPDATES | WTO urges India to reduce tariffs -Asit Ranjan Mishra
WTO urges India to reduce tariffs -Asit Ranjan Mishra
Jan 7, 2021
Jan 21, 2021
-Livemint.com
* Frequent policy changes create uncertainty, says report
* India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1%
India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.
“While the overall goal remains to increase exports, since policymaking in India is focused on domestic issues, trade policy is frequently used to encourage domestic production and meet domestic inflation and supply objectives. Thus, changes are made as required to import and export restrictions and the tariff to ensure stable domestic supplies of key products," the WTO secretariat said in its report, holding that frequent changes in import and export policy create uncertainty for economic actors.
Please click here to read more.
Livemint.com, 7 January, 2021, https://www.livemint.com/news/india/india-frequently-using-trade-policy-measures-to-encourage-local-production-wto-11610006956392.html
Published on Jan 7, 2021
Modified on Jan 21, 2021
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