Skip to main content

Posts

Showing posts from June, 2020
RCEP Trade Deal: the New Gun Boat Diplomacy? Will it Fit in Atma Nirbhar Bharat?  A new swadeshi movement of 21 st century through “Atma Nirbhar Bharat” in the height of Covid19 pandemic On June 8, 2020, it could be said that most of the economic activities have begun.  The consumption of India declined to 40% in the April 2020.   The partial opening up of activities had further pushed up the economic engine of the country but it is not to the level that of pre-covid19.   We would remember, by September 2019, the newspapers were carrying scary stories such as economic distress, declining capacity utilization and growth, unemployment, NPA, etc. The editors, statisticians and economists were busy in benchmarking economic growth with various periods before precovid19.   Finance Minister announced the stimulus packages in September and October 2019 to address such problems. Now the same editors, statisticians and economists are busy in writing about number of theories and