What has been the impact of the WTO on Indian economy?

Question

23 Dec 2024

Answer :

Word Count : 298

The World Trade Organization (WTO) has had a significant impact on the Indian economy, influencing various sectors, trade policies, and economic growth strategies. India became a member of the WTO in 1995, and since then, the country has seen a range of economic transformations, both positive and challenging.

One of the most significant effects of WTO membership on India has been the liberalization of trade. The WTO encourages member countries to reduce tariffs and ____ ___ ____ __________ ___ _____ __________.
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