Samarpan IAS : By Samridhi
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An effort to understand India, it's diversity, history and culture. The objective is to cater to the need of civil services exams and make learning process interesting, easy and fulfilling by striking the right chord in right direction.
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Export bans on wheat, onion, sugar, non-basmati rice etc & arbitary restrictions by the Government are aimed at controlling food inflation and protecting consumers. But such policy flip flops hurts the interests of farmers, agri traders.
Also building export markets takes time & effort. Therefore economists suggests more predictable & rules based policy for exports.
Exports have fallen from $53.2 bn last fiscal to $48.8 bn this fiscal.

Solutions:
Rational export-import policy is required.
Balancing interests of both producers & consumers.
Policy should include short term as well as long term measures.
Controls, if required should be rules based & temporary.
Buffer stock of essential commodities be created to deal with price voltality.

Team SamarpanIAS
Indira Nagar,Dehradun.

#GSPaper3 #IndianEconomy
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