Reflecting the global economic slowdown, India’s merchandise exports contracted 8.8 per cent in February to $33.88 billion, compared to the same period last year. Yet, the government's focus has been on import curbs and import substitution to narrow the trade deficit. Indian policymakers would do well to spend more time and energy on exports, which would not only address the current account but also drive private investments and job creation, leading to higher sustainable economic growth, the top edit argues. Read it here
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Rathin Roy says dialing down on political polarisation and coming together on an inclusive