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Red Sea Crisis

RoDTEP SCHEME RESTORED: SHIELDING INDIA'S EXPORTS FROM THE WEST ASIA CRISIS

RoDTEP refunds embedded central, state, and local duties (like electricity and fuel taxes) not covered by other schemes. It offers transferable electronic scrips to pay basic customs duty, enhancing global price competitiveness. 

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IMPACTS OF MIDDLE EAST GEOPOLITICAL CONFLICT ON GLOBAL AND INDIAN ECONOMIES

Expanding Middle East conflict threatens global energy and supply chains. For India, remittance shocks and inflation are critical risks. To ensure resilience, India must strengthen Strategic Petroleum Reserves, protect its diaspora, and expedite the IMEC corridor to bypass volatile routes.

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ISRAEL–HAMAS CEASEFIRE ANNOUNCED

The Israel–Hamas conflict shows how local wars create global shocks—disrupting trade routes, energy flows, and supply chains. For India, stability in West Asia is vital for economic security and strategic balance. In today’s world, diplomacy protects not just borders but also commerce, energy, and national resilience.

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