Is it common practice in the past, to increase export duty heavily as it was done during past year to curb export of iron ore and steel? I was trying to find such instances in the past.
With increase in Import Export imbalance, is this appropriate strategy, I have not understood this.
Indian exports have been decreasing substantially in the past few quarters, and it may create some pressure on Export based revenues. Though managing inflation is necessary but are there other ways to do this?
I am researching on this topic.
Disclosure: Invested in NMDC.
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