Post-GST protection for domestic industry makes a compelling case for customs duty cut

Interim Budgets are usually staid affairs. And, yet, here’s corporate India waiting with great expectation, speculating furiously over what tax policy and rate changes the government will bring about tomorrow ahead of the Lok Sabha polls. In all this din, however, what stands out is the clamour for the protection of domestic industry. One could swear that the tune is that of the plaintive strains…