Position Of Interstate Trade In India
LawZ Magazine|October 2017

Democracy is the art and science of mobilising the entire physical, economic and spiritual resources of various sections of the people in the service of the common good of all.

Position Of Interstate Trade In India

To an extent the Article 301 of the Indian Constitution could be said to the derived or influenced from such a philosophy with the objective to protect the National integrity and unity with the help of hassle free flow of trade throughout the country. An intention to unify different fields and different regions with the help of this freedom guaranteed in Art. 301.

Even then for all practical purposes this freedom could not have remained absolute in order to ensure that a privatized market Grab economy does not further exploit the already starving population of India. Therefore this freedom was made subject to the other provisions of this Part (Part XIII). But as the researcher proceeds with the analysis of the position of interstate trade it becomes clear that these provision which act as restrictions on this freedom bestowed by Article 301 is been severely hinders it. And therefore the Concept of Free Trade as envisaged by the constitution makers has remained a concept only with the amount of barriers and complications involved in interstate trade today. The free flow of trade and commerce are sine qua for the economic enhancement domestically as well as internationally has not given to the Indian Markets. The European Union is an amazing example of such a trade union which has opened up trade barriers among the countries of the union and has shown dramatic advancement in the field of trade and commerce. It is time for India to overhaul its current taxing system and central as well as state policy towards free trade.

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