Rajasthan Chief Minister Bhajanlal Sharma praised the trade agreement between India and the United States, foreseeing a significant boost to the state’s economy. He emphasized the potential for Rajasthan to gain substantial advantages from the deal, highlighting the reduced US tariffs on Indian products from 50% to 18%.
CM Sharma expressed confidence in the agreement, attributing it to Prime Minister Narendra Modi’s leadership and indicating a growing global trust in India’s economic prowess. He noted that the tariff cut would enhance market access for Indian exporters, supporting initiatives like ‘Make in India’ and ‘Aatmanirbhar Bharat’ on a global scale.
The Chief Minister underscored Rajasthan’s status as a key export-oriented state, particularly emphasizing the positive impact on its textile industry, a vital sector for the state’s economy. He anticipated a surge in demand for Rajasthan’s textile products in the US market, benefiting micro, small, and medium enterprises (MSMEs) pivotal for employment generation.
Highlighting Rajasthan’s diverse cultural and artisanal heritage, CM Sharma highlighted the agreement’s potential to create new avenues for the state’s handicrafts sector, including blue pottery, miniature paintings, marble and wooden crafts, and handwoven textiles. He also mentioned the agreement’s positive implications for Jaipur’s gems and jewellery industry, ensuring better prices and broader market access for artisans and traders.
The Chief Minister emphasized the multiplier effect of export growth on Rajasthan’s economy, projecting new job opportunities in related sectors like transport, packaging, banking, and insurance. He called for collective efforts from stakeholders and citizens to contribute to a prosperous, developed, and self-reliant Rajasthan. Additionally, he acknowledged India’s expanding global trade presence, citing the country’s recent signing of nine major trade agreements in the past six years.
