💨 Abstract

In response to the tariff initiatives of US President Donald Trump, India's economic policy experts are discussing second-generation reforms to bolster growth, including slashing tariffs, taxation, financial sector reforms, and land and labor legislation changes. The government's commitment to fiscal consolidation is evident, but implementing reforms without disruption requires expert committees, civil service reform, and stronger Centre-state institutional cooperation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖