Category: India

INDIA: Federal policies bring farmers to the streets as opposition fans flames

The Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government is struggling to contain protests against a clutch of agricultural reforms introduced earlier this year after thousands of farmers laid siege to New Delhi over the weekend and have resolved to block all arterial roads leading to the capital until the federal government revokes the laws.… Read the rest

ASIA: RCEP heavy on symbolism, but its economic effects will be limited

  • After eight years of negotiations, the fifteen participants in the Regional Comprehensive Economic Partnership (RCEP) signed a final agreement in a virtual summit on Sunday, 16 November.
  • The economic benefits may be relatively modest in the near term but simplifying rules of origin will promote greater integration along supply chains.
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INDIA: Farmers hit the streets

What set out to be a substantial package of reforms of the agricultural commodities market has turned into a political crisis for the Narendra Modi-led National Democratic Alliance (NDA) government, with its oldest and most faithful ally, the Shiromani Akali Dal (SAD), walking out of the ruling coalition.Read the rest

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INDIA: Further gradual decoupling ahead

Although disengagement by Indian and Chinese troops has begun on a nondemarcated border of the two countries where the Indian army and the People’s Liberation Army (PLA) clashed a few weeks ago, the Indian government is resorting to a variety of economic and trade measures to put pressure on its neighbor.Read the rest

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INDIA: Along with the disease, the politics

With Covid-19 infections rising (likely to touch 1mn in the next few days) and little sign that the country is going to flatten the curve anytime soon, the opposition, led by the Congress party, has sharpened its criticism of New Delhi’s handling of the pandemic.Read the rest