Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
Good to see Mr Chari taking a sober look at what confronts India instead of the usual BJP hype about the fastest growing economy, emerging superpower etc. However he has not referred to the practice in the NDA of constantly changing the way data is handled and the shaky ground on which our growth data stand. This is a direct result of the MOdi Govt’s compulsion to make itself look good at any cost , ignoring professional inputs about the economy. He has also downplayed the challenges which will be faced by Mr Modi on multiple fronts when dealing with a capricious Trump administration , hell bent on getting the maximum, for itself out of any engagement.
An aircraft is only as good as the thrust its engines generate. Our economy, trundling along at 4.5% for close to a decade, will not allow us to play the global role we aspire to.
Good to see Mr Chari taking a sober look at what confronts India instead of the usual BJP hype about the fastest growing economy, emerging superpower etc. However he has not referred to the practice in the NDA of constantly changing the way data is handled and the shaky ground on which our growth data stand. This is a direct result of the MOdi Govt’s compulsion to make itself look good at any cost , ignoring professional inputs about the economy. He has also downplayed the challenges which will be faced by Mr Modi on multiple fronts when dealing with a capricious Trump administration , hell bent on getting the maximum, for itself out of any engagement.
An aircraft is only as good as the thrust its engines generate. Our economy, trundling along at 4.5% for close to a decade, will not allow us to play the global role we aspire to.