2025: Roadmap for policy imperatives
The India specific actions of President Trump in the past six months have evoked a varied response from various stakeholders. · The policymakers have been quite guarded in their response. Prime Minister Modi has rhetorically emphasized on the need to be self-reliant and adopt Swadeshi (Made in India products), but so far, we have not heard any specific policy or plan to counter the US aggression. Most of the concerned ministers and bureaucrats have repeatedly expressed hope that India will manage to finalize an “honorable” trade deal before the end of 2025. The only detail they have shared is that India shall not compromise on the interests of its farmers’ and energy security concerns. Prima facie , the bureaucratic and diplomatic effort is to “restore status quo ante” , to the extent possible. · Industry associations also seem to be preferring a...