Even as there was relief in India over the long stalemate on tariffs ending and there being a lowering of tariffs to 25% from 50%, there has been no time to celebrate or even sign the final trade agreement with the US. Because, in the meantime, the US has decided to go to war with… Continue reading Indian Economy Buffeted by Tariff Wars and Real Wars
Tag: Higher fertiliser subsidy
Indian Economy Once More in Election Mode
Even as last year ended, there were rumblings of the possibility of the free foodgrain distribution scheme being extended beyond 2022. This is the additional 5kg of foodgrain that was offered free to households eligible under India’s PDS (public distribution system of heavily subsidized foodgrain) during the Covid pandemic. It must have brought tremendous relief… Continue reading Indian Economy Once More in Election Mode


