India's trade policy since independence has been rooted in self-sufficiency and protectionism, which makes India's trade remarkably different. The first three and a half decades after independence were governed by very high tariffs, tight import restrictions, and a complex 'licence raj'   system to encourage young Indian industries, while protecting many sectors. Illustration by The Geostrata This self-sufficiency encouraged domestic manufacturing, but at the same time, it ha

Classical theories have been made after certain experiences of extremities, situations, problems, and their solutions, human behavior in...

India's Pharmaceutical Industry stands as a shining example of innovation & economic strength on the global stage, earning it the...

Professor Bann Seng Tan is an Assistant Professor of Political Science and International Relations at Ashoka University. This interview...