The big Budget push to ramp up domestic manufacturing and improve export competitiveness
The big Budget push to ramp up domestic manufacturing and improve export competitiveness SECTIONS Share Synopsis “Our customs duty policy should have the twin objectives of promoting domestic manufacturing and helping India get onto global value chain and export better,” Finance Minister Nirmala Sitharaman said in her budget speech. “The thrust now has to be on easy access to raw materials and exports of value-added products.” Agencies Building a tariff wall may be counter-productive in the long run, says NR Bhanumurthy, vice-chancellor, Bengaluru Dr BR Ambedkar School of Economics Un...