Various estimates peg loss to Indian GDP due to climate change between 3-10%. Decrease in water supply could disrupt agricultural production, leading to food inflation & social unrest.
Success with the implementation of reforms in any sector is possible only if there is a constant monitoring and evaluation of the reforms being implemented.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
Japan unfortunately cannot take up the slack created with America. Indian merchandise exports of $ 5 billion last year, versus $ 80 billion to the US. Plus the US is a market for service exports that others simply cannot match.
My heart tells me this goes beyond opening the marker for US agricultural exports. A loaded political question in India. Also beyond the personality and temperament of President Trump, obviously a monumental challenge for the whole world, including NATO allies. 2. The defining partnership of the twenty first century. Over hyped, both sides did their sums and realised it was not delivering as expected. Our problems with America will not end with the departure of Trump, any more than they did with Biden’s. 3. With America and China, the two superpowers and largest economies, Indian foreign policy needs to return to the drawing board.
You are right in mentioning that ‘no Indian prime minister can offer the kind of concessions Trump seeks in agriculture’. But if I were the prime minister, I would have enforced zero import tariffs on all products and services worldwide and made India the world’s number one free-market economy, I would have India such a heavily industrialised country that the interested farmers would themselves sell their lands for market prices directly to industries without the govt mediating. At the end of my five-year term as the prime minister, I would have implemented reforms in land, labour, and capital to make India a developed country, only to see the electorate kick me out of the PM’s office. For me, the nation’s prosperity is more important than farmers and their ‘third-rate socialist security’. Long live the free market.
The issue with Modi is written in first para itself i.e ” wish to consolidate domestic polity”.
Everyone wants to Win elections but for MODI that’s like a paranoia…obsession. The “PARCHARAK in Modi ” doesn’t let PM Modi work.
Japan unfortunately cannot take up the slack created with America. Indian merchandise exports of $ 5 billion last year, versus $ 80 billion to the US. Plus the US is a market for service exports that others simply cannot match.
On a lighter note, EAM can also talk to his Chinese interlocutors in excellent Mandarin.
My heart tells me this goes beyond opening the marker for US agricultural exports. A loaded political question in India. Also beyond the personality and temperament of President Trump, obviously a monumental challenge for the whole world, including NATO allies. 2. The defining partnership of the twenty first century. Over hyped, both sides did their sums and realised it was not delivering as expected. Our problems with America will not end with the departure of Trump, any more than they did with Biden’s. 3. With America and China, the two superpowers and largest economies, Indian foreign policy needs to return to the drawing board.
You are right in mentioning that ‘no Indian prime minister can offer the kind of concessions Trump seeks in agriculture’. But if I were the prime minister, I would have enforced zero import tariffs on all products and services worldwide and made India the world’s number one free-market economy, I would have India such a heavily industrialised country that the interested farmers would themselves sell their lands for market prices directly to industries without the govt mediating. At the end of my five-year term as the prime minister, I would have implemented reforms in land, labour, and capital to make India a developed country, only to see the electorate kick me out of the PM’s office. For me, the nation’s prosperity is more important than farmers and their ‘third-rate socialist security’. Long live the free market.