Cutting down on imports an uphill task for India
The Tribune Editorial: Among the biggest impediments for India on the trade front is its overwhelming dependence on Chinese goods
PRIME Minister Narendra Modi’s strong pitch for the sale-purchase of Swadeshi products is aimed at promoting self-reliance amid global economic instability. He envisages Atmanirbharta as the ideal path to achieving the ambitious goal of Viksit Bharat by 2047. The short-term objective is to blunt the impact of US President Donald Trump’s punitive tariffs, which are hurting Indian exporters. The PM has noted that items of foreign origin have ‘unwittingly’ become a part of our daily lives. However, these videshi goods have neither entered our markets and homes overnight nor will they vanish anytime soon. India must be prepared for the long haul in order to reduce imports and boost exports.