What The World’s Most Over-Regulated Major Economy Wants

Even as the India-US deal brings sighs of relief, the learnings from a year of Trump tariffs’ pain should not be forgotten. Their heat has surely woken up GOI to how protectionist, over-regulated, and uncompetitive we are.
It explains (1) why India has failed to create an Industrial Revolution; (2) 45% of workers are still stuck in agriculture, half of them redundant; (3) our share of global exports is a miserable 2% in goods; (4) why global companies leaving China prefer Vietnam, despite India’s much larger domestic market; and (5) why India attracts a miserable 1.3% of world’s tourists despite its natural and cultural wealth.