Arvind Panagariya cautions govt: Import licences will be a complete violation of WTO

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Noted economist and India’s first vice chairman of NITI Aayog Arvind Panagariya said import licences will be a complete violation of WTO and has cautioned India to reverse the trend of rising import tariffs as it will only encourage creation of micro and small enterprises. Panagariya’s comments come at a time when India has introduced … Read more