India can't afford yet more disruptions to supply chains: Ficci President

'What is most unfortunate is that countries are looking to finance their transition to a green economy by taxing others'

Subhrakant Panda, managing director of Indian Metals & Ferro Alloys, on Sunday took over as president of the Federation of Indian Chambers of Commerce & Industry (Ficci). In conversation with Asit Ranjan Mishra, Panda says the government needs to continue its capital expenditure (capex) push to crowd in private investment. Edited excerpts:

What are the pain points for the Indian economy as we enter Calendar 2023?

The concern is that global growth is going to slow down. One-third of the global economy is staring at a recession with two consecutive quarters of likely negative growth. Although we are well-positioned, neither