The Hindu·3 min read·medium

Tariffs, conflicts demand policy rethink: C. Rangarajan

T
The Hindu Bureau
Tariffs, conflicts demand policy rethink: C. Rangarajan
AI Summary

Former RBI Governor C. Rangarajan argued that India must rethink its economic policies in response to rising global conflicts and protectionist tariffs. He suggested prioritizing domestic production in critical sectors like defense and semiconductors to navigate a changing global landscape.

Countries are invading other countries, and at the same time, imposition of tariffs has become a real problem, said C. Rangarajan, former Chairman of the Economic Advisory Council to the Prime Minister, former Governor of the Reserve Bank of India, and Chairman of the Madras School of Economics.

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