Focus on Logistics Infrastructure to Boost Trade Facilitation

The Infrastructure sector is the key driver of the Indian economy. The sector has received intense focus from the government for initiating policies that would ensure time bound creation of world-class infrastructure in the country. The promising Union Budget 2019 – 2020 is unequivocal in emphasizing the government’s focus on infrastructure, with the massive push and impetus given to the infrastructure sector through some great initiatives and announcements. This Budget can also be seen as the first step by the government, towards the impressive goal of doubling the Indian Economy to 5 trillion dollars within the next 5 years. The … Continue reading Focus on Logistics Infrastructure to Boost Trade Facilitation

Economic Cooperation between SAARC Countries

Introduction In a globalized world order, where gaining a foothold in the international market is a major challenge, it has become imperative for countries to work out regional arrangements or joining compatible groupings to gain preferential access for their products and services in the overseas market. It is believed that initiating trade and investment cooperation within the regional grouping on preferable terms has emerged as a viable business proposition which would have trade creating and growth generating impact on members. Furthermore, in the prevailing milieu, it is widely observed that productive capacity and operational efficiency at the unit level would … Continue reading Economic Cooperation between SAARC Countries

Breakthrough in India-Bangladesh Coop in Energy, Infra & Logistics

The recent visit of Prime Minister Narendra Modi to Bangladesh is hailed as the first concrete step towards India’s ‘Look East Policy’. Undeniably, the visit has resulted in first step towards concrete action from the earlier postures characterized by rhetoric. A string of agreements, mostly in economic and business domains have been inked between the two countries. The response from the Bangladesh is equally enthusiastic and positive.  In the recent past, Bangladesh has emerged as India’s largest trading partner in South Asia so much so that the latter has started asking with sound reasons why India’s neighborhood policy is centered or obsessed … Continue reading Breakthrough in India-Bangladesh Coop in Energy, Infra & Logistics