India's tariff policy aims to regulate trade, protect industries, generate revenue: Piyush Goyal

Commerce and Industry Minister Piyush Goyal stated India's tariff policy aims to regulate trade, protect domestic industries, and raise revenue through taxes on imports and exports. With evolving trade dynamics, India is focusing on free trade agreements to lower tariffs, enhancing competitiveness and international trade. Monitoring imports ensures domestic industries are safeguarded under WTO rules.