ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Susmita RakshitSubscribe to Susmita Rakshit

New Import and Export Policy-Some Economic Implications

Some Economic Implications Susmita Rakshit There is a similarity of purpose between the government's new economic policy and the new trade policy: both are guided by a spirit of liberalisation of existing restrictions on economic activities of the private sector Apart from their revenue effect,.some of the measures of liberglisation have important long-run resource allocation implications.

Cost of Protecting India s Sugar Industry

There is no indication that, even after all these years of protection, the sugar industry is on its way to self-sustaining growth. The resources cost of protection have been enormous both absolutely and relative-ly, even neglecting the huge cost to the economy arising out of faulty location sustained through a system of zonal pricing and restrictions on movement of sugar. The worst sufferer has been the consumer of Sugar who has had to bear the lion's share of this cost.
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