Economy
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Updated on 13th November 2025, 8:35 PM
Author
Satyam Jha | Whalesbook News Team
Former Planning Commission deputy chairman Montek Singh Ahluwalia has praised India's measured approach to resolving tariff issues with the United States, calling a Free Trade Agreement (FTA) with Washington the "right thing to do." He emphasized negotiation over confrontation and highlighted the critical need for efficient human capital utilization and private sector expertise in public administration to achieve 'Viksit Bharat'.
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Former Planning Commission deputy chairman Montek Singh Ahluwalia lauded India's strategy in addressing trade disputes with the United States, advocating strongly for the signing of a Free Trade Agreement (FTA) between the two nations. Speaking at an event in New Delhi, Ahluwalia suggested that confronting the US on tariff issues would be counterproductive, and pursuing an FTA is a sound economic strategy that aligns with India's growing geopolitical stature.
He stressed that economic differences should be resolved through negotiation and cooperation, rather than retaliation. India and the US have been exploring an FTA to enhance their bilateral trade, which has already surpassed USD 190 billion.
Impact This news has a moderate impact on the Indian stock market, as it signals a positive direction for foreign trade policy and economic diplomacy, potentially boosting sectors involved in international trade. Rating: 6/10
Difficult terms: Free Trade Agreement (FTA): An agreement between two or more countries to reduce or eliminate barriers to trade and investment, such as tariffs and import quotas, to facilitate easier commerce. Viksit Bharat: A Hindi term meaning 'Developed India,' representing the Indian government's vision to make India a developed country by 2047. Human Capital: The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.