Hindustan Times | An echo of licence raj in laptop import curbs
India’s abrupt decision to restrict the import of laptops and personal computers, though with a three-month lag, is a throwback to the 1970s, when such policies were commonplace. Presumably, the aim is to give a fillip to domestic manufacturing and is probably targeted at China, which accounts for 75% of the total $5.33 billion worth of laptops and personal computers imported by India in 2022-23. However, the government maintains that it carried out the move for the digital security of its citizens. The reason is obvious — national security is the one accepted condition in multilateral trade treaties for imposing import restrictions, whereas protectionism is frowned upon. Read the full article here.