‘Substantial’ gap between what FTAs promise and what regulations currently permit, CEA Nageswaran warns
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Summary
The Chief Economic Advisor’s warning comes days after the EU’s Ambassador to India made similar statements about compliances not being used as trade barriers.
Key Facts
Type Announcement
Source The Hindu - Business
Published Tuesday, 12 May 2026
Affected Population 63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right