“India needs to cultivate an overall narrative of trade optimism that goes beyond numbers”, say Abhishek Manu Singhvi, a well-known lawyer and Member of Parliament in Rajya Sabha who heads the Parliamentary Standing Committee on Commerce and Pradeep Mehta, a well known expert on international trade matters and the chief of CUTS (Consumer Unity and Trust Society) International, in an article that appeared on Friday in a leading financial daily.
The other suggestions of the authors include promotion of exports, control of non-essential imports and encouraging their domestic manufacture, production linked incentive (PLI) scheme for manufacturing marine containers, better dissemination of
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