EU’s carbon tax could cost India 0.05 per cent of GDP Report – EQ
In Short : The EU’s carbon tax (CBAM) could reduce India’s GDP by 0.05%, impacting exports of carbon-intensive goods like steel. This measure, aimed at encouraging global greener practices, may increase costs for Indian exporters, reducing their competitiveness in the EU market. In Detail : New Delhi : The European Union’s Carbon Border Adjustment Mechanism […]


