US tariffs: India readies steps to protect exporters; domestic demand push in focus
In response to the US tariff hike, the government is preparing measures to protect industries and workers, focusing on employment-heavy sectors. Economic Affairs Secretary Anuradha Thakur expressed confidence in achieving the fiscal deficit target, citing strong macroeconomic fundamentals, robust capex, and broad-based economic expansion reflected in the 7.8% growth in the April-June quarter. In response to the US tariff hike, the government is preparing measures to protect industries and workers, focusing on employment-heavy sectors. Economic Affairs Secretary Anuradha Thakur expressed confidence in achieving the fiscal deficit target, citing strong macroeconomic fundamentals, robust capex, and broad-based economic expansion reflected in the 7.8% growth in the April-June quarter.
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