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Ajit Ranade: Indian policymakers have less space for manoeuvre but here’s what they could do

Ajit Ranade: Indian policymakers have less space for manoeuvre but here’s what they could do

Ajit Ranade: Indian policymakers have less space for manoeuvre but here’s what they could do


At the Asia Society in New York, India’s external affairs minister S. Jaishankar highlighted pressures on four ‘F’s—food, fuel, fertilizer and finance—and warned of a possible food crisis. American tariffs on Indian exports, oil above $110 a barrel and global monetary tightening are making the external environment less accommodating.