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India Gazette
3 days ago
- Business
- India Gazette
India's growing economic leverage on global stage: RSS' Sunil Ambekar
New Delhi [India], June 30 (ANI): The Center of Policy Research and Governance (CPRG) hosted the second session of its Trade Roundtable Series at the India International Centre in Delhi on Monday. The session convened senior industry leaders, policymakers, academicians, trade negotiators, and public policy experts to deliberate on the theme 'US Tariff Policy and Trade Reform: Impact on the Indian Economy.' Speaking on this occasion Sunil Ambekar, All India Incharge of Media and Publicity division of the Rashtriya Swayamsevak Sangh (RSS) highlighted India's growing economic leverage on the global stage, asserting the need to engage with the world 'from a position of strength rather than dependence.' The discussions examined the implications of Free Trade Agreements (FTAs), standards compliance, and strategic trade positioning across key sectors such as pharmaceuticals, agriculture, defence, and intellectual property. Opening the session, Dr Ramanand, Director, CPRG, called attention to the need for sustained,stakeholder-led discourse to shape India's long-term trade strategy. 'In a rapidly changing geopolitical context, these dialogues help forge clarity around national priorities and industrial resilience,' he stated.A key point of discussion centered on standards and compliance. Prof. Rakesh Mohan Joshi, Vice Chancellor, Indian Institute of Foreign Trade, New Delhi, observed that 'despite many Indian facilities having international approvals like those of the FDA,' differences in standards, limited mutual recognition agreements, and high compliance costs continue to hamper India's export potential. Dr Omkar Rai, Ex-Executive Chairman Startup Odisha, Government of Odisha, stressed the need to boost India's innovation ecosystem, particularly in electronics and digital sectors. He noted that fragmented value chains and dependence on foreign standards undermine competitiveness, calling for stronger domestic certification frameworks. Panelists also discussed the importance of strengthening India's manufacturing base beyond startups, the need for better data and anticipatory scenario planning in trade negotiations, and the challenges of building competitiveness in global value chains. Several participants emphasised focusing on skill development, consistent quality standards, and improving domestic productivity as crucial steps for India's long-term trade strategy Building on the momentum of the Mumbai roundtable, the session focused on India's evolving trade landscape amidst shifting global tariff regimes, with particular emphasis on the electronics and startup ecosystems. CPRG's Trade Roundtable Series will continue with further sector-specific dialogues aimed at building consensus among industry stakeholders and informing India's broader trade vision amid an increasingly volatile geopolitical and economic landscape. (ANI)
Time of India
26-06-2025
- Business
- Time of India
Roundtable flags challenges in trade policy, calls for sectoral consensus
MUMBAI: The Centre for Policy Research and Governance (CPRG) flagged key challenges in India's trade policy at a roundtable held in Mumbai on Tuesday, calling for stronger coordination across industry, finance, and policy institutions to address rising trade barriers. Tired of too many ads? go ad free now The session, part of CPRG's ongoing Trade Roundtable Series, focused on the impact of tariff and non-tariff hurdles on steel and aluminum industries and the role of trade finance in ensuring resilience. Hosted at the National Stock Exchange (NSE), the roundtable brought together representatives from financial institutions, manufacturing firms, policymakers, and regulatory bodies. Discussions highlighted how India must adopt a proactive and strategic approach to protect its economic interests amid shifting global trade dynamics. Ashish Chauhan, managing director and CEO of NSE, underlined the potential of India's services sector. 'Our strategy need not be reactionary. While we may work on improving goods exports with finance, technology upgradation, incentives, policies and trade deals, our services and experience-driven sectors have boundless potential,' he said. Senior RSS functionary, Sunil Ambekar, noted the importance of recalibrating India's trade position. 'India has always welcomed international trade, but it's now vital to assert our interests with clarity and strength,' he said. 'This is the right time to strategically renegotiate our trade positions in line with national priorities.' Participants also discussed trade-related priorities such as enhancing the competitiveness of GIFT City, integrating the Unified Payments Interface (UPI) into international trade finance, and aligning trade benefits across multinational corporations and MSMEs. Tired of too many ads? go ad free now CPRG director Ramanand said the roundtable was aimed at fostering cross-sector alignment. 'Continuous dialogue between economists, industry, and institutions is essential to navigate the complexities of the global trade landscape. Our approach should be to build consensus among all stakeholders while also holding India's economic interests on priority,' he said. The CPRG Trade Roundtable Series will continue with sector-focused discussions. The next session is scheduled for June 30 in Delhi and will involve stakeholders from manufacturing and startup sectors.
India Gazette
24-06-2025
- Business
- India Gazette
India's opportunity to leverage its services, experience-driven sectors as engines of growth: NSE CEO Ashish Chauhan
Mumbai (Maharashtra) [India], June 25 (ANI): The Centre of Policy Research and Governance (CPRG) brought together senior representatives from leading financial institutions, steel and aluminium manufacturers, policymakers and regulatory bodies for the latest session in its Trade Roundtable Series, held at the National Stock Exchange (NSE) in Mumbai on Tuesday. Participants examined the impact of escalating tariff and non-tariff barriers on its strategically vital steel and aluminium industries while exploring the evolving role of trade finance in safeguarding industrial resilience. During the roundtable discussion, Ashish Chauhan, MD & CEO of the National Stock Exchange, highlighted India's opportunity to leverage its services and experience-driven sectors as engines of growth. 'Our strategy need not be reactionary. While we may work on improving goods exports with finance, technology upgradation, incentives, policies and trade deals, our services and experience-driven sectors have boundless potential and are key to shaping our global economic presence,' he noted. Experts then turned to specific challenges while negotiating favourable terms in free-trade agreements. Key themes included enhancing GIFT City's global competitiveness, integrating UPI into trade finance, and ensuring a balanced approach to multinational and MSME interests. Dr. Ramanand, Director of CPRG, highlighted that the roundtable represents a crucial step in forging cross-sector synergy. 'Continuous dialogue between economists, industry and institutions is essential to navigate the complexities of the global trade landscape. Our approach should be to build consensus among all the stakeholders while also holding India's economic interests as a priority,' he emphasised. CPRG's Trade Roundtable Series will continue with sector-specific dialogues in the coming weeks, informing India's long-term trade strategy amid an increasingly shifting geopolitical climate. The next round of discussion will be held in Delhi on June 30, with stakeholders in the manufacturing and startup sectors. (ANI)
India Gazette
01-06-2025
- Business
- India Gazette
Union Minister Dharmendra Pradhan inaugurates Krishi Bhawan in Sambalpur
Sambalpur (Odisha) [India], June 1 (ANI): Union Minister Dharmendra Pradhan on Sunday inaugurated the newly constructed Krishi Bhawan in Sambalpur on the occasion of Sitalsasthi, a major cultural festival in western Odisha. Speaking to mediapersons here, Pradhan said, 'I thank the double-engine government in Odisha for undertaking many works for the benefit of the farmers in the last year... On top of the MSP increased by the central government on Kharif crops, Odisha also gives Rs 800 per quintal from its budget... No one has given so much subsidy, so much help to farmers after independence...' Meanwhile, addressing the 'prhAI: Conclave on AI in Education', organised by the Centre of Policy Research and Governance (CPRG), Chief Minister Pradhan said that AI was both inevitable and essential. 'Just like the internet, AI has become a basic necessity,' Pradhan said. Speaking at the Conclave, Pradhan shared his thoughts on AI's transformative potential in reshaping the Indian education system. Pradhan said that there are hardly any higher education institutions in India where AI is not discussed. He described AI as both inevitable and essential: 'Just like the internet, AI has become a basic necessity.' The Union Minister added that increasing access to technology has created a highway of empowerment in students' lives. He expressed optimism that India could effectively leverage AI, and said, 'India's human intelligence has the power to transform any emerging technology into an indigenous innovation.' Pradhan shared the policy action required to prepare for the technological change, outlining efforts to build mass-scale AI literacy and support innovation in AI. Pradhan commended the Centre of Policy Research and Governance (CPRG) for hosting this timely and much-needed policy dialogue. CPRG is a policy research think tank that aims to promote responsive and participatory policy-making. As an Indian Council of Social Science Research (ICSSR)-recognised institution, it has established itself as a leading voice in technology policy through its 'Future of Society' initiative. (ANI)
India Gazette
01-06-2025
- Business
- India Gazette
Odisha CM Dharmendra Pradhan inaugurates Krishi Bhawan in Sambalpur
Sambalpur (Odisha) [India], June 1 (ANI): Union Minister Dharmendra Pradhan on Sunday inaugurated the newly constructed Krishi Bhawan in Sambalpur on the occasion of Sitalsasthi, a major cultural festival in western Odisha. Speaking to mediapersons here, Pradhan said, 'I thank the double-engine government in Odisha for undertaking many works for the benefit of the farmers in the last year... On top of the MSP increased by the central government on Kharif crops, Odisha also gives Rs 800 per quintal from its budget... No one has given so much subsidy, so much help to farmers after independence...' Meanwhile, addressing the 'prhAI: Conclave on AI in Education', organised by the Centre of Policy Research and Governance (CPRG), Chief Minister Pradhan said that AI was both inevitable and essential. 'Just like the internet, AI has become a basic necessity,' Pradhan said. Speaking at the Conclave, Pradhan shared his thoughts on AI's transformative potential in reshaping the Indian education system. Pradhan said that there are hardly any higher education institutions in India where AI is not discussed. He described AI as both inevitable and essential: 'Just like the internet, AI has become a basic necessity.' The Union Minister added that increasing access to technology has created a highway of empowerment in students' lives. He expressed optimism that India could effectively leverage AI, and said, 'India's human intelligence has the power to transform any emerging technology into an indigenous innovation.' Pradhan shared the policy action required to prepare for the technological change, outlining efforts to build mass-scale AI literacy and support innovation in AI. Pradhan commended the Centre of Policy Research and Governance (CPRG) for hosting this timely and much-needed policy dialogue. CPRG is a policy research think tank that aims to promote responsive and participatory policy-making. As an Indian Council of Social Science Research (ICSSR)-recognised institution, it has established itself as a leading voice in technology policy through its 'Future of Society' initiative. (ANI)
