Brief by Shorts91 NewsDesk / 06:25am on 30 Jun 2025,Monday India Global
India is eager for a “big, good, beautiful” bilateral trade pact with the U.S., says Finance Minister Nirmala Sitharaman, who emphasises the deal could accelerate India’s goal of becoming a “Viksit Bharat by 2047”. However, New Delhi has drawn “very big red lines” on agriculture and dairy to protect farmers and livestock breeders. The July 9 deadline to avoid punitive U.S. reciprocal tariffs looms large, prompting both countries to intensify negotiations. Sitharaman also pointed to rising private investment and forthcoming “second‑generation reforms,” including banking, nuclear‑energy expansion, and potential GST rate simplification. These reforms, she believes, will bolster economic buoyancy and urban consumer sentiment. (PC: Mint)
