India’s “Non-Essential” Duty Doesn’t Deal With The Essential Problem — Panjiva
Más

Panjiva_research_logo

India’s “Non-Essential” Duty Doesn’t Deal With The Essential Problem

Cons. Discr. - Apparel 214 India 284 Tariffs 1175

The Indian government may apply wide-ranging duties and other measures on imports of “non-essential” items to try and limit the expansion in the current account deficit and decline in the rupee. While that would be consistent with the wider “Make in India” strategy of using tariffs to promote domestic manufacturing it may not make a significant difference to the deficit, which reached $174 billion in the 12 months to August 31. The main driver of the growth in the deficit was the rise in energy imports which (net of exports) drove 83% of the increase in dollar terms after the oil price c...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.