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Foreign Trade Policy of India: Recent Trends

Author

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  • V Basil Hans

Abstract

:Quantitative and detailed trade policy information and analysis are more necessary now than they have ever been. Questions have been asked about whether the gains from trade exceed the costs of trade. Concerns regarding the distributional consequences of trade reforms have also been expressed. Good policy needs to be backed by good analysis. There needs to be a rethinking of India’s foreign trade policy both in theory and in practice so as to make it more relevant and rewarding. Visibly India now focuses on exports as a thrust area, pursuing customers aboard. Make in India is the new (wake-up) call. What is in the upcoming foreign trade policy of India? This paper discusses the paradigm shifts in India’s foreign trade policy.

Suggested Citation

  • V Basil Hans, 2017. "Foreign Trade Policy of India: Recent Trends," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 13(1), pages 51-63, March.
    • Handle: RePEc:jge:journl:1314
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    More about this item

    Keywords

    Agreements; EXIM Policy; foreign Trade; India; manufacturing; policy;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • I2 - Health, Education, and Welfare - - Education

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