Dr. Arvind Panagariya On India's Trade Policy Blueprint For Economic Supremacy

Dr. Arvind Panagariya, Chairman of the 16th Finance Commission of India, discusses the crucial role of trade policy in reaching the ambitious $30 trillion economic target by 2047 at the Adani_BTIndia@100 Summit. He stresses the need for further liberalization, highlighting the significant untapped potential in the economy. Dr. Panagariya advocates for reducing trade tariffs, though not to zero, and emphasizes the importance of establishing free trade agreements with like-minded nations. He also points out that as global firms seek alternatives to China, India is well-positioned to capitalize on this shift to achieve its goals. Watch this insightful excerpt from the 3rd Edition of the Adani_BTIndia@100 Summit, where the path to a potential $50 trillion economy by 2047 is explored.