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From tariff cuts to MSP rollback: GTRI on possible US calls for in India commerce deal

admin by admin
May 4, 2025
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From tariff cuts to MSP rollback: GTRI on possible US calls for in India commerce deal
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New Delhi: The US is anticipated to push for sweeping adjustments in India’s insurance policies, starting from tariff reductions to regulatory overhauls, that might profit American corporations and exporters, underneath the proposed bilateral commerce settlement with India, suppose tank GTRI stated on Sunday. Within the agri sector, the International Commerce Analysis Initiative (GTRI) stated the US calls for embrace scaling again India’s minimal worth assist (MSP) applications for crops like rice and wheat, eradicating restrictions on genetically modified (GM) imports, and decreasing farm tariffs. Equally, on dairy, the US argues that India’s GM-free feed certification and facility registration protocols successfully bar American dairy imports.

Indian guidelines prohibit imports from animals fed with animal-derived feed, for instance, butter from a cow fed meat because of spiritual sensitivities.

“India considers this coverage non-negotiable,” GTRI Founder Ajay Srivastava stated.

He added that America can also search easing of restrictions on US retail giants like Amazon and Walmart that face roadblocks because of India’s restrictions on foreign-owned inventory-based e-commerce buying and selling.

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India resists the easing because it has to guard its small home retailers from unfair competitors from deep-pocketed international corporations. “It additionally views these restrictions as a part of preserving regulatory autonomy in a fast-evolving sector,” Srivastava stated. The US criticises India’s cumbersome licensing necessities for remanufactured and secondhand capital items, calling the method expensive and sluggish.

It stated India mandates technical certificates, enforces amount restrictions, and calls for a residual life assure of at the least 5 years for imports.

“India maintains that differentiating between new and remanufactured merchandise is essential to stop dumping of out of date applied sciences and to guard native manufacturing,” he stated, including, “as negotiations proceed, Washington will proceed urgent for wide-ranging reforms in tariffs, requirements, digital guidelines, and companies entry”.



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