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In the same way, the various measures aimed at supporting micro, small and medium-sized enterprises will provide the much needed support to local suppliers and subcontractors across the country
Another critical point that is not really addressed in the Interim Budget of the finance minister is the fact that private investment is not moving up broadly and fast enough
The Budget reflects a solid continuity and even reinforcement of the development orientations and objectives pursued by the PM over quite a few years now
Looking at the announcements, the perception is one of a choice made towards efficiency and pragmatism rather than aiming for the spectacular
Globalised supply chains have been designed to source components from where it is most efficient to deliver these components at the time required, at the cheapest possible cost
A lot of uncertainties remain on how, when, and at what total economic and social cost, this pandemic will be tamed
Exceptional circumstances are sometimes the catalyst for exceptional leaders to emerge; they can also be extremely harsh for those who fail the leadership test.
Anemic condition, or slowing down factors of different nature, continue to prevail in all major economies
The Trump administration will have to wait for a new phase of negotiations to try to achieve its goal of bringing structural reforms in China's economic and trade policies
For the Democrats, the issue is that almost nothing that can be said or demonstrated about Mr Trump seems to be able to shake his core base of support
Will Modi 2.0 prove to be an exception after having achieved such a decisive mandate?
Washington has now become the rogue elephant in the china shop
Donald Trump is putting himself in the very difficult situation of either following up on his bullying or losing face and credibility
There is scant chance that the Trump will be able to achieve its containment objectives, as - with respect to China's rise in every single domain - the train has left the station quite some time ago
Data is to 21st century economy what oil was to 20th century, and it is being weighed in gold
The deals strategy might face challenges soon, and ambiguity about US' role in global matters will lead to geopolitical instability
The Donald Trump presidency will force every country in Europe and Asia to make major policy adjustments
One of the first priorities of the new US President should be to restart a conversation with Moscow and manage its international aspirations
We are witnessing a new phase where business leaders are realising globalisation has to take into account national identities and cultures
Lack of proper responses by the establishment to the increased volatility, uncertainty, complexity and ambiguity is leading to populist road rage