February 20, 2020
A recent research article by first-year Ph.D. student Anand Shankar (co-authored with Rekha Misra) was quoted in a Feb. 13 Live Mint article, "The dangers of India’s rising tariff walls." Live Mint is a major Indian business newspaper.
This success has come on the back of increasing customs duty on imports of mobile phones. As Rekha Mishra and Anand Shankar of Reserve Bank of India’s (RBI’s) international trade division write in an article titled India Connected: Transforming India’s Import Profile: “Increases in the basic customs duty on imports of mobile phones from nil to 10% in July 2017 and further to 15% in December 2017 and to 20% in February 2018 have discouraged imports further while supporting domestic production."