Amita Batra is a Senior Fellow at Centre for Social and Economic Progress (CSEP) and a Professor of Economics at JNU's Centre for South Asian Studies, currently on leave from the university. She writes a monthly column ‘Straight talk’ for the Business Standard, a leading financial daily in India.
Amita Batra is a Senior Fellow at Centre for Social and Economic Progress (CSEP) and a Professor of Economics at JNU's Centre for South Asian Studies, currently on leave from the university. She writes a monthly column ‘Straight talk’ for the Business Standard, a leading financial daily in India.
Instead of focusing on one over the other, India needs to view services and manufacturing as complementary, not exclusive activities
A protectionist tariff structure and an inability to integrate with global value chains may prove to be major challenges for India as it seeks deeper trade agreements
Its focus is at odds with the country's imperative of having an employment-promoting trade policy
A deeper integration with east Asian economies could be integral to India's economic recovery in the pandemic
Greater trade with ASEAN will be supportive of the prime ministerial call for greater Indian manufacturing for world markets
India needs to focus on manufacturing competitiveness, rather than building domestic supply chains in their entirety
High expectations of a trade deal were probably misplaced ab initio as there was no bilateral FTA or economic cooperation agreement under negotiation
We need to recognise the importance of aligning with evolving regional trade formations and utilising preferential trade mechanisms
India must move quickly to join the 11-member grouping that is set to alter the global trade regime quite significantly