Dr Panagariya is a tenured professor in Columbia University and a free trader in the footsteps of his mentor, Dr Jagdish Bhagwati. In a subtle dig at the government, Dr Panagariya has listed six measures the government ought to take in 2026. By calling ‘heads’, Dr Panagariya has confessed that the call, so far, was ‘tails’. Dr Panagariya has recommended that the government commit itself to a uniform 7 per cent rate across imports. Restrain DGTR: Despite a paltry share (2.8%) of world merchandise trade, India had imposed approximately 250 anti-dumping duties on products.

Source: Indian Express January 25, 2026 08:45 UTC