The decision followed a 6 to 3 Supreme Court verdict striking down reciprocal tariffs under the International Emergency Economic Powers Act. Certain goods, including energy products, pharmaceuticals and vehicles, have been exempted from the temporary surcharge.
With capital expenditure at 19.5 percent and major allocations for roads, aviation, MSMEs, water supply and healthcare, Uttar Pradesh positions itself as a fast growing economy targeting a trillion dollar milestone in coming years.
The Economic Survey tabled before the state legislature of Uttar Pradesh on Monday is the first such annual economic document, similar to the Central government’s practice.
International media ignored that Russian oil claims appear only in a US executive order, not India’s statement, that India already imports farm goods worth billions annually, and that negotiations remain open with no binding purchase commitments.
Union Minister for Agriculture & Farmers Welfare and Rural Development, Shivraj Singh Chouhan, today strongly defended the India-US trade deal to be finalised soon,...
The reduction of Indian tariffs on US imports will follow after the signing of the legal and formal agreement, which is expected to take place in mid-March.