Tag: GTRI

Gold, silver import surges 210% in 2023-24 from UAE; need duty revision in FTA: GTRI

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Gold, silver import surges 210% in 2023-24 from UAE; need duty revision in FTA: GTRI

“While India’s total imports from the UAE fell 9.8% from $53.2 billion in FY23 to $48 billion in FY24, imports of gold and silver skyrocketed 210%, from $3.5 billion to $10.7 billion,” GTRI report said. | Photo Credit: Reuters “India’s gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210%…

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High import duties; resisting pressure to open agricultural sector important to ensure India’s food security: GTRI

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High import duties; resisting pressure to open agricultural sector important to ensure India’s food security: GTRI

Maintaining high import duties on sensitive agricultural commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its population, a report said on January 1. Economic think tank GTRI (Global Trade Research Initiative) in its report said that…

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