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4) India is planning to sign an inter-government agreement (IGA) with the US on the Foreign Account Tax Compliance Act (Fatca). But this has given raise to some concerns with regard to US policy on the issue at home. Examine why India wants to sign this agreement and its implications.

Topic: Effect of policies and politics of developed and developing countries on India’s interests

4) India is planning to sign  an inter-government agreement (IGA) with the US on the Foreign Account Tax Compliance Act (Fatca). But this has given raise to some concerns with regard to US policy on the issue at home. Examine why India wants to sign this agreement and its implications. (200 Words)