2) It is in India’s best interests to have a strong World Trade Organisation. Analyse
- March 17, 2018
- Posted by: INSIGHTS
- Category: INSIGHTS
Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
2) It is in India’s best interests to have a strong World Trade Organisation. Analyse. (250 Words)
Why this question?
India is hosting mini ministerial meeting of WTO and there is so much negativity around WTO. Important for Mains – 2018 (many times WTO related questions have been asked)
Key demand of the question:
Analyse why WTO is beneficial to India and why WTO should be strengthened (this part should be explained along with the first part)
Analyse: Identify several broad categories and divide them into sub-parts to write an effective answer (analysis means breaking into parts and then examining each part closely)
Structure of Answer:
In the introduction write in 2-3 lines why WTO is relevant, more so for India and why it must be strengthened, especially through India’s leadership.
In the body, divide answer into 4-5 broad themes like Food Security, Trade etc. Within them again create sub-parts. In each part, provide an argument + supporting fact (example).
In the conclusion, write 1-2 lines about need for reforming the governance structure of public sector banks and making RBI accountable.