Protectionism to continue if BJP comes back to power

The new financial year 2024-25 begins today with a high probability of the Lok Sabha elections bringing back the ruling party to power with a bigger majority. Given the context, the views expressed by some ministers and experts at ‘BS Manthan’, an event organized last week by this newspaper to celebrate its 50th year, acquire greater significance.
 

The commerce minister left no one in any doubt that the government will protect the domestic producers as long as they felt that it was necessary. In a different context, Montek Singh Ahluwalia, one of the architects of economic liberalisation in the nineties,