Exports to India hit 4yr low, China boom

[idune]

The argument is now becoming circular.

That is india way, circular bs and deception. Good you caught that indian trait.

 

[Mr.S.Singh]

The argument is now becoming circular. All I'm saying is that India should at least be as liberal as Bangladesh when it comes to this bilateral trade if we are really talking about equal opportunities. If there are duties imposed by the state level, the central government should make concessions by reducing the central level tariffs.

i agree sir, but it will be a gradual process, India has seen some terrible years in growth and has come down to 4.4%, Modi is kind of liberal in terms of his policy, we expect him to open up the market. In couple of years you would see a new policies

About the state vs centre, currently that isnt possible. But we are moving away from that system, next year we might see GST (goods and service tax) where there is similar tax all over the country under GST

Anyway, there's also a lot to blame our own policy makers. If the Indian government is using the protectionist policies why can't we? Now that we are not dependent on aids, there's no such balance of payment issues then why abide by the hard fisted conditions of IMF?

Every country uses protectionlism, India is doing currently because our industry are in dire need . But mind you, protectionism is like anti-competition, which is bad for the country, these will fade away in a couple of years anyways. These are policies which change every 2-4 years

 

[Tshering22]

We need to make export friendly policies really.

Give more freezones for manufacturing companies and give more tax holidays to hi-tech exporting companies. Encourage state owned big companies to participate in global tenders and bid for big projects abroad. Make them revenue generators rather than cost generators.

 

[extra terrestrial]

i agree sir, but it will be a gradual process, India has seen some terrible years in growth and has come down to 4.4%, Modi is kind of liberal in terms of his policy, we expect him to open up the market. In couple of years you would see a new policies

That's strange because the trade policies remained the same even when India had economic growth of 7-8%. I don't think Modi would change such policies because they are mainly controlled by the bureaucrats who remain unchanged regardless of the change of political leadership. If Modi really take the efforts to change such policies, it would be highly appreciated.

About the state vs centre, currently that isnt possible. But we are moving away from that system, next year we might see GST (goods and service tax) where there is similar tax all over the country under GST

I didn't say anything like state vs center, I said the central government should remove the central level taxes for Bangladeshi products as a concession for the state level taxes because of the incentives enjoyed Indian products in Bangladesh.

Every country uses protectionlism, India is doing currently because our industry are in dire need . But mind you, protectionism is like anti-competition, which is bad for the country, these will fade away in a couple of years anyways. These are policies which change every 2-4 years

That's double standard on your part, you are supporting supporting protectionism when India uses it but discouraging when I propose it for Bangladesh.

 

[Mr.S.Singh]

That's strange because the trade policies remained the same even when India had economic growth of 7-8%. I don't think Modi would change such policies because they are mainly controlled by the bureaucrats who remain unchanged regardless of the change of political leadership. If Modi really take the efforts to change such policies, it would be highly appreciated.

India has never opened up its market fully, it is suppose to be a step by step process, previous UPA govt failed to bring in open market policies, our banking system are still quite domestic

I didn't say anything like state vs center, I said the central government should remove the central level taxes for Bangladeshi products as a concession for the state level taxes because of the incentives enjoyed Indian products in Bangladesh.

AFAIK central level taxes are next to negligible, anyways the taxes a bangladeshi exports pay, Indian manufactures too pay so they are even

That's double standard on your part, you are supporting supporting protectionism when India uses it but discouraging when I propose it for Bangladesh.

don't get me wrong, i am not for protectionism in India also, i for a fact would like more open market because consumers are the one's who benefit and monopolistic pricing don't come into force

 

[extra terrestrial]

India has never opened up its market fully, it is suppose to be a step by step process, previous UPA govt failed to bring in open market policies, our banking system are still quite domestic

Well there must be reasons why the previous government failed to change the policies, and there is no solid prove that this government won't fail, if it still succeeds to change it, it would be highly appreciated as I said.

AFAIK central level taxes are next to negligible, anyways the taxes a bangladeshi exports pay, Indian manufactures too pay so they are even

No they are not, if that's the case you wouldn't see Bangladeshi products failing to access even the North East Indian market. In addition, there are the non-tariff barriers as well.

don't get me wrong, i am not for protectionism in India also, i for a fact would like more open market because consumers are the one's who benefit and monopolistic pricing don't come into force

I didn't get you wrong but you did justify the protectionism imposed by the Indian government arguing the recent rough patch of Indian economy and the Indian textile industry. Anyway, good to see you supporting open market, lets hope for the best.

 

[Cold Blood]

I think a major reason is that our business men are more interested to deal with Europe and USA than other Asian countries. Finding new market is necessary for the diversification of export destination. Markets in Latin America and Africa could also be promising destinations.

 

[the just]

I think a major reason is that our business men are more interested to deal with Europe and USA than other Asian countries. Finding new market is necessary for the diversification of export destination. Markets in Latin America and Africa could also be promising destinations.

Yah,yah.Sure,sure...
ANGUR FOL TOK.

 

[Cold Blood]

Yah,yah.Sure,sure...
ANGUR FOL TOK.

Did I say anything wrong?

 

[Baby Leone]

now a days the most demand is of Pakistani Drama serials in india have heard tht due to the popularity indian channels have baught more than 4000 hrs of Pakistani Entertainment........i guess indians govt should unban Pakistani channels for indians to watch quality entertainment.

 

[Rank]

which are the things that Pakistan see they can export to India in large scale (there is demand in India) but not able to do so for some reason?

Murree Brewery Bear

 

[Baby Leone]

The ghairatmand non-Baniya of Pakistan will keep on importing more expensive Indian goods through Dubai route but not through Wagah.

same goes to india as indians are the biggest buyers of Pakistani good outside Pakistan & India.... nyways Pakistan can also give the MFN lollypop to india just like indians did to looks better & look victim in world

 

[gslv mk3]

That parasitic country is living off the hard work of BD

What sort of BS is this ?

 

[Sandeep Das]

Murree Brewery Bear

Will be tough for Murree to get decent sales in India.

Entire market is saturated with local brands, desi alcohol and now IMFL. Kingfisher beer and other foreign brands such as Tuborg and Budweiser are in deep competition. Little opening for a new player.

 

[INDIC]

same goes to india as indians are the biggest buyers of Pakistani good outside Pakistan & India.... nyways Pakistan can also give the MFN lollypop to india just like indians did to looks better & look victim in world

name of few which we don't buy directly from Pakistan. You already have your MFN.