India’s Safeguard Duty Proposal: Shielding Domestic Steelmakers or Harming MSMEs?
The Indian government’s recent moves to impose a safeguard duty of up to 25% on steel imports have sparked debates across industries. Spearheaded by Commerce Minister Piyush Goyal, this proposal aims to protect domestic steelmakers from an influx of cheaper Chinese steel. While the initiative has gained momentum, its potential impact on small-scale industries, particularly … Read more