50% tariffs by US misguided, India should shield farmers: SBI
Imposition of 25% penalty on goods trade with India, with a proposition of additional 25%, can be a bad policy decision for the US, an SBI Research report said on Friday. India must continue to protect its farmers from predatory practices of global conglomerates who may vie for a lucrative ‘Desi’ pie without investing in sustainable market infrastructure creation, the report stressed.