Preventive trade policies restrict export of key agri commodities: study
The Dollar Business Bureau The trade policy of India on agriculture has a pro-customer prejudice which indirectly taxes farmers by putting export curbs on different crops, according to a study. The domestic prices of major agricultural items were below that of export prices in most of the years during the period 2004-2014, a joint study by The World Bank and Indian Council for Research on International Economic Relations (ICRIER) on Tuesday revealed. Policy makers have used preventive trade policies to maintain the domestic prices low in most of the years, the study found after an analysis of domestic prices deviation from global prices. The study on ‘Price Distortions in Indian Agriculture’, analysed global and domestic prices of 15 agri commodities for a 10-year period between ...
India-Pak informal trade is above $5 bn: ASSOCHAM
The Dollar Business Bureau The informal trade between India and Pakistan is projected to be more than $5 billion, nearly double the official bilateral trade between the two neighbours having a history of chequered relations, said a study by ASSOCHAM. The paper by ASSOCHAM on “India-Pakistan Trade” is based on well-studied documents and reports by more than top 50 think tanks and research firms, including Indian Council for Research on International Economic Relations (ICRIER), yearly reports of the Ministry of Home Affairs, Institute of South Asian Studies-National University of Singapore, Lahore Journal of Economics, among others. “Traders/Smugglers mainly carry out the informal trade between Pakistan and India through the exchange of goods at the Indo-Pakistan borders as well as ...
Fashion industry catches Make in India fever
Neha Dewan | The Dollar Business The Department of Fashion Management Studies at National Institute of Fashion Technology (NIFT) organised an event in the capital today to marry the fashion industry with the government’s ‘Make in India’ initiative. Attended by a host of industry professionals, faculty members and students, the main agenda of the event – Marketing Make in India to International Fashion Brands and Retailers – was centred on creating a ‘manufacturing culture’ in India. Other aspects such as who can/should make in India, how to shift from making fashion products to building brands, and how apt are India's logistics, were among some of the other topics discussed at the event. Drawing a parallel with China in his keynote ...
