Prime Minister (PM) Narendra Modi recently announced that India must become Atmanirbhar (self-reliant). One aspect of this could be that India will remove barriers within its internal markets to truly become a single market. It will remove the hurdles to efficiency improvements and become more competitive. The Goods and Services Tax (GST) was a step in this direction. Recent decisions to remove hurdles in inter-state agricultural trade are also similar. For agricultural and industrial products, as well as capital, India is increasingly becoming a single market. The creation of a barrier-free domestic market is also an intent reflected in Article 301 of the Constitution.
The article is co-authored with Suyash Rai, a fellow at Carnegie India.