India is now a part of the global economic system. Every section of the Indian economy is now linked with the world outside, either through its direct involvement in international trade or through its indirect linkages with the export or import transactions of other sectors in the economy. All trade is now subjected to strict and self-abiding multilateral trade obligations, most ostensibly to the overarching principles of most favoured nation and national ...
Sectoral Issues in The Indian Economy: Policy and Perspectives
