What is india -k free trade deal "india -k free trade deal? How much effect will be on your pocket, know the math of duration here

India-Ik Free Trade Agreement: This time during Prime Minister Narendra Modi’s visit to London (Premier Modi UK Visit), there will be a historical agreement between India and the United Kingdom, which can directly affect our daily lives. The name of this Agreement is India-UK Free Trade Agreement. This agreement will decide which items will be cheap and what duration. In addition, it will also affect the economy, employment and export of India. What is the free trade agreement? Free trade agreement is an agreement in which two countries reduce or eliminate customs on import and exports. This facilitates the trade and the products of both countries are available at low prices in each other’s markets. In the Indo-PUK Free Trade Agreement, 99% of goods from India will be tax-free in the UK, while India will reduce tax on 90% of the UK products. What will be the effect on medicine? Pharmaceutical is an area in which India also exports medicine to the UK and imports from there. Therefore, in this region prices can in some cases be cheaper and expensive. This will depend on how many rates the two countries do to it. Only these things will be expensive. The prices of motor products such as car and bicycle coming from Britain can rise due to new tax rates and competition. The prices of expensive vehicles can rise because competitive products in the Indian market are low and the products of Britain do not get much relief. Steel and metal fields will also be affected. India will now provide the UK’s high quality steel and metal products access to the market, which will give competition to domestic products. The effect of this competition may be that some metal -based products become more expensive. Will agricultural products be cheap? There will be no major change in agricultural products such as Paddy, wheat. Their prices will remain stable or in some cases be expensive. This is because India does not want to harm its farmers, so no major changes have been made in the tariff in this area. The ordinary man will have a great advantage, India-Kuk-free trade is not only a business agreement, but it is a big change in the lives of ordinary people. Some things will be cheap and others expensive. Here we understand the Indo-Britain Free Trade Agreement from the ordinary man’s perspective … This agreement will directly affect your pocket. If you buy gadgets, clothing, shoes, fashion products or jewelry, these things can now be found at low prices. In addition, the exports of India to Britain will increase, which will benefit the industry and create jobs. This agreement can be an important opportunity for manufacturing, textile, sea and jewelery areas.