Let’s have unilateral trade liberalisation
Here’s Sauvik Chakraverti on the topic on TCS Daily:
Unilateral free trade is a very good idea for a huge country such as India. If subsidized grain enters the market, poor marginal farmers, subsistence agriculturists and day laborers get cheap food. They will move away from subsistence farming as grain will be cheaper to buy in the market. They will move ‘from subsistence to exchange’, in Peter Bauer’s words, and integrate themselves with the urban exchange economy. Instead of grain, Indian farmers will produce fruits and vegetables or even flowers — solid cash crops. And this benefit will be paid for by US and EU taxpayers. [TCS Daily]
Moreover, dropping trade barriers for imports from Pakistan is the real peace process.