Is protectionism compatible with liberalisation? | The Hindu Parley podcast

There needs to be serious participation by the market forces together with the government

July 14, 2022 10:28 pm | Updated July 15, 2022 02:10 am IST

At a time when the Central government says it is liberalising India’s economy, its economic policymaking on the external front has been marked by rising protectionism. With policies such as Atmanirbhar Bharat, there seems to be a conscious effort to protect the domestic economy from foreign competition. This raises questions on whether the government’s external protectionism is compatible with its promise of liberalising India’s economy.

Here we discuss the model of industrial policy that should be the way forward. 

Guests: Ajay Shah, Research Professor of Business at Jindal Global University; Biswajit Dhar, Professor at the Center for Economic Studies and Planning, Jawaharlal Nehru University

Host: Prashanth Perumal

Read the parley article here

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