EU’s carbon tax could cost India 0.05 per cent of GDP: Report
New Delhi: The European Union‘s Carbon Border Adjustment Mechanism (CBAM) will impose additional 25 per cent tax on energy-intensive goods exported from India to the EU, a new report said on Wednesday. This tax burden would represent 0.05 per cent of India’s GDP, according to the report titled “The Global South’s response to a changing … Read more