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Key Points

5 points
1

Free trade agreements reduce extra taxes and make it easier to sell abroad.

2

India’s agreements cover roughly 76 percent of the global gross domestic product.

3

The government will set up free trade help desks in every district.

4

A new industrial smart city will provide ready‑to‑use land for factories.

5

Specially tagged agricultural products can earn higher prices overseas.

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Summary

India’s agreements give access to about three‑quarters of the world’s total economic output.

The state aims to increase its economy from $200 billion to $3 trillion by 2047.

Plans include a smart city for factories and a big textile park.

Farmers can export specially labeled products like red gram to countries such as Australia.

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New Words to Learn

6 words
free trade agreement
A deal that lets countries trade with lower taxes and fewer rules.
gross domestic product
All the money a country makes in a year.
International Monetary Fund
A world organization that watches how economies are doing.
GI‑tagged
A special label that shows a product comes from a specific place and follows certain standards.
smart city
A town built with modern technology to help factories and people work better.
plug‑and‑play
Ready to use right away without needing extra setup.
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