India is planning to impose a carbon tax on EU imports. reports

Updated: June 19, 2023, 08:36 PM IST
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India plans to retaliate with a carbon tax o… MoreIndia is planning to retaliate with a carbon tax on European imports. India is considering this move in response to Europe’s CBAM. According to sources, the finance and commerce ministries are working on a mechanism to measure the carbon content of products. Europe’s decision to link environment with trade has angered India. Especially since there was no such idea during the industrialization of Europe.