A calibrated import substitution strategy can strengthen domestic capabilities without resorting to protectionism. Analyse this statement. Evaluate its relevance for India’s export ambitions. Outline a balanced trade policy framework.
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. A calibrated import substitution strategy can strengthen domestic capabilities without resorting to protectionism. Analyse this statement. Evaluate its relevance for India’s export ambitions. Outline a balanced trade policy framework. (15 M) Difficulty Level: Medium Reference: NIE Why the question …
