In an era of significant geopolitical shifts and climate uncertainty, the traditional focus on increasing farm production is no longer sufficient to ensure sustainable growth. Experts and policymakers are now advocating for a strategy that looks beyond the farm gate to integrate Indian agriculture into global value chains while protecting it from international market volatility.
Click to View MoreThe US has imposed sanctions on Russian oil giants Rosneft and Lukoil, raising the risk of secondary sanctions on countries and companies that continue to trade with them. India, a major importer of Russian crude, faces challenges as its refiners rely on US dollars, global financial systems, and insurance services for oil transactions. While there are no direct sanctions on Russian oil, the threat has prompted India to reconsider imports, diversify energy sources, strengthen domestic production, and expand renewable energy. The government and refiners are exploring risk mitigation strategies to maintain energy security while balancing economic and diplomatic interests.
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