Trade Promotion Schemes — Mains Questions
Critically analyze the evolution of India's trade promotion schemes, particularly in light of WTO compliance issues. Discuss how the transition from MEIS/SEIS to RoDTEP reflects India's strategic adaptation to global trade norms.
Examine the effectiveness of India's export promotion strategy. Do direct incentives or systemic improvements like infrastructure development and ease of doing business contribute more significantly to sustainable export growth? Provide a Vyyuha Analysis.
Discuss the constitutional provisions governing trade and commerce in India and their interaction with the government's power to formulate export promotion policies. How do these provisions ensure a balance between trade freedom and state intervention?