As the era of easy money ends, the gap between the ability to borrow and the credibility to do so will define fiscal resilience. India still has the chance to strengthen both.
To sustain momentum, India must continue focusing on structural reforms, particularly in land, labour & logistics, while nurturing human capital through education & skilling initiatives.
The institute has recommended prioritising high-impact and high-priority projects in the PSDP and capping new project allocations to avoid overextension of limited development resources.
'It shows that the risk of sovereign default, which was quite omnipotent just a couple of years ago, is in the past,' said Ali Farid Khwaja, chairman at KT Bank Pakistan.
Govt think tank flags India’s skewed auto export mix, warns domestic focus and high tariffs are limiting its global footprint; also highlights how auto components are a bright spot.
Venezuela also boasts of a diverse portfolio of unmanned aerial vehicles capable of carrying out surveillance, reconnaissance and being employed for kinetic purposes as well.
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.
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