Calls for reforms rise as additional 25% levy may impact growth,...

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Calls for reforms rise as additional 25% levy may impact growth, jobs

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Economists warn that additional US tariffs on Indian goods could significantly impact economic growth, potentially exceeding previous estimates of 0.2-0.4 percentage points. While negotiations are possible before the August 27 deadline, industrialists are urging aggressive reforms to counter the adverse effects, focusing on ease of doing business, GST revamp, and tourism promotion.

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