India Should Declare Unilateral Free Trade

Indian politics has been controlled by interest groups for years, particularly agricultural. As a result, the Indian government continues to miss opportunities for true gains in trade. For years, agriculture has been subsidized by the Indian government, at a price borne by the taxpayer. If subsidies ended, Indian citizens could be relieved from unnecessary tax burdens. Furthermore, agricultural prices could still remain low for consumers in India if the government moves toward unilateral trade. Easing access to Western markets that also subsidize their agriculture would give the Indian consumer the lower price at the expense of other countries. Read more: