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The Indian federal government impose countless regulations, standards, and administrative hurdles on businesses, each of Indias 28 states imposes its own local bureaucracy and red
The Indian federal government impose countless regulations, standards, and administrative hurdles on businesses, each of Indias 28 states imposes its own local bureaucracy and red tape. Import taxes and controls on foreign investment are substantial, with import tariffs averaging 12% on non-agricultural products, as compared to less than roughly 4% in Europe, Japan, and the United States. Discuss why would the Indian government do that? What measures can be taken to rectify the situation?
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