US biz advocacy group urges FM to lower tariff in Union Budget

NEW DELHI: A top India-centric American business advocacy group has suggested Finance Minister Nirmala Sitharaman to lower tariff in the Union Budget if the country wants to compete with China-backed mega free trade agreement Regional Comprehensive Economic Partnership (RCEP). "If India can focus on a much more predictable environment from a policy framework it will give more confidence to the investors. Bringing a sense of transparency in policy making also sends a ver y positive signal," Mukesh Aghi, president of US India Strategic and Partnership Forum (USISPF) told PTI.