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8) “It is insufficiently appreciated that India’s border tax arrangements undermine Indian manufacturing and the ‘Make in India’ initiative. Eliminating exemptions in the countervailing duties (CVD) levied on imports will address this problem.” Elaborate.

Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 

8) “It is insufficiently appreciated that India’s border tax arrangements undermine Indian manufacturing and the ‘Make in India’ initiative. Eliminating exemptions in the countervailing duties (CVD) levied on imports will address this problem.” Elaborate. (200 Words)

Business Standard