Full impact of high tariff on GDP likely next year but still it is not all gloom & doom: CEA

News Snapshot:

In a lively, much-awaited and well attended Express Adda, organised by the Indian Express Group in Mumbai on Wednesday evening, Dr Anantha Nageswaran, chief economic advisor, government of India, spoke of the impact of the high tariff imposed by the US on exports from India. But then, reminded that despite the challenges it was still not all gloom and doom as some of the compensating factors would also start taking effect next year. On the numbers and time period of the impact, he felt that considering that there was a front loading of exports till August this year, the effects...