Rajasthan Chief Minister Bhajanlal Sharma on Wednesday said the recently signed trade agreement between India and the United States will be a “game changer” for the state’s economy. The deal, announced under Prime Minister Narendra Modi’s leadership, is expected to enhance global confidence in India’s economic potential.
CM Sharma highlighted that the agreement reduces US tariffs on Indian products from 50 per cent to 18 per cent, significantly improving market access for Indian exporters. “This move will strengthen the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives, giving fresh momentum to India’s manufacturing sector,” he added.
The Chief Minister said Rajasthan, a leading export-oriented state, stands to gain substantially, particularly in textiles and garments. MSMEs in the state are expected to benefit from higher demand and expanded business opportunities in the US market, creating employment across multiple sectors.
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Sharma also emphasized the potential for Rajasthan’s handicrafts, including blue pottery, miniature paintings, marble and wooden crafts, and handwoven textiles. He added that the agreement would help Jaipur’s globally renowned gems and jewellery sector reach wider markets and secure better prices for artisans and traders.
According to the Chief Minister, the trade deal will have a multiplier effect on Rajasthan’s economy, boosting allied industries such as transport, packaging, banking, and insurance. He urged stakeholders and citizens to collaborate in leveraging the new opportunities to build a self-reliant and prosperous state.
CM Sharma further noted India’s growing presence in global trade, citing nine major trade agreements signed over the past six years. “When the world’s two largest democracies collaborate, the benefits extend to entrepreneurs, workers, and ordinary citizens alike,” he said, underlining the strategic importance of the India-US partnership.
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