We have to face the facts: despite its pro-globalization and pro-business rhetoric, the current Indian government has become very protectionist in recent years, reminiscent of the closed, falsely socialist 1970s, when imports were strictly controlled and growth was slowed by tingling. In the most recent federal budgets, the government has increased import tariffs on a broad front, which has not been done since the country opened to the world in 1991. Following intense negotiations for a free trade agreement with the EU, discussions have been bogged down since 2013, after differences on various issues could not be compensated. Second, just because imports have grown faster than exports does not mean that India has been harmed. India is Indian, and thanks to free trade, Indians have access to more and cheaper goods. In the past, for example, the volatile price of edible oils has been a constant source of stress for Indian households and one of the main drivers of consumer price inflation.