‘US deal could spur further liberalisation’

Synopsis India’s economic growth remains strong, with foreign direct investment continuing to show promising figures. Arvind Panagariya emphasizes the need for deeper trade liberalization, increased privatization, and judicial reforms. He highlights the importance of attracting long-term productive investments, especially from private equity. Trade agreements with the UK and European Union are expected to further bolster India’s economy. To me, the impactful deals are the UK and the European Union. The European Union is the one where I expect the impact to be much greater India’s economic growth is maintaining its momentum, economist and 16th Finance Commission chairman Arvind Panagariya said….