The commerce and industry ministry is likely to discuss with exporters and industry representatives next week import substitution of 100-odd products whose imports are high and have a significant share in the country’s overall inbound shipments. The meeting is likely on May 10, according to sources. The meeting follows the identification of 102 priority items … Read more
President Xi Jinping said on Saturday that China can no longer rely on its previous economic development model of depending on global exports and must build self-controlled, safe and reliable domestic production and supply system to ensure industrial and national security. The just-concluded plenary session of the ruling Communist Party of China (CPC), headed by … Read more
By Arvind PanagariyaSince the second UPA government, India has come a long way on the road to reforms. Insolvency and Bankruptcy Act (IBC), goods and services tax (GST), direct benefit transfers (DBT), National Medical Commission (NMC) Act, Ayushman Bharat Yojana, slashing of corporate profit tax, commercial mining in coal and agricultural marketing reforms are some … Read more