Can you Critically evaluate the exim policy of India?

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2026-05-01 08:55

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India's export-import (EXIM) policy has evolved to promote trade liberalization and enhance global competitiveness. While it aims to boost exports through incentives and simplified regulations, challenges persist, such as bureaucratic delays and a complex tariff structure that can hinder trade. Additionally, the focus on certain sectors may neglect others, leading to imbalances in trade growth. Overall, while the policy has made strides in facilitating trade, continuous reforms are needed to address structural inefficiencies and adapt to global market changes.

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