How have India's protectionist trade policies since 2018 influenced its manufacturing sector's integration into global value chains and its overall export performance?
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Category: Economy (GS -III),
Test Date: 12 Apr 2025
Approach:
Policy Overview:Examine the specific protectionist measures implemented, such as tariff increases and import restrictions.
Manufacturing Impact:Assess how these policies have affected the competitiveness and efficiency of India's manufacturing sector.
Export Performance: Analyze the correlation between protectionist policies and India's export growth or stagnation.
Global Integration:Evaluate the extent to which these policies have facilitated or hindered India's participation in global value chains.
Comparative Analysis: Contrast India's experience with that of other economies that have adopted similar or different trade policies.
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