'India's Economic Resilience Lies in Domestic Capability, Diversification and Openness,' Says PM's Principal Secy PK Mishra

'India's economic resilience lies in domestic capability, diversification and openness,' says PM's Principal Secy PK Mishra

The pandemic, geopolitical conflicts, supply-chain disruptions, trade restrictions and rapid technological changes, he said.

Tariffs, Export Controls Increasingly Being Used for Strategic Purposes: PK Mishra

Get latest articles and stories on Business at LatestLY. Tariffs, export controls and other trade restrictions are increasingly being deployed for strategic purposes rather than only conventional commercial objectives, Principal Secretary to the Prime Minister PK Mishra said on Saturday, warning that economic policy and geopolitical considerations are becoming more closely intertwined. Business News | Tariffs, Export Controls Increasingly Being …

Sanctions, tariffs turn into policy instruments, sometimes weaponised: P K Mishra

P K Mishra highlighted the impact of geopolitical tensions on global markets and economic vulnerabilities. He mentioned that India is diversifying its energy imports to reduce vulnerabilities and ensure economic stability. The need for macroeconomic resilience through fiscal space and adequate foreign reserves was also emphasised. Mishra pointed out the importance of critical minerals for the future of advanced manufacturing and sustainability.