Tag Archives: US tariffs

‘Dependence mustn’t turn into compulsion’: RSS chief amid US tariffs

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**‘Dependence mustn’t turn into compulsion’: RSS Chief Mohan Bhagwat on US Tariffs**

*By Chanshimla Varah | Oct 02, 2025, 10:46 AM*

At the Vijayadashami event in Nagpur, Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat addressed the recent tariff policy imposed by the United States on Indian goods. He stated that the US’s move was primarily “done keeping in mind the interest of their own.”

Bhagwat emphasized the reality of global interdependence but cautioned that it should never turn into compulsion. He urged India to focus on *swadeshi* (self-reliance) as the only viable path forward. “Our harmony must be our own,” he remarked, underlining the importance of national self-sufficiency.

**Regional Stability: Concerns Over Nepal, Sri Lanka, and Bangladesh**

The RSS chief also commented on the recent unrest in neighboring countries such as Nepal, Sri Lanka, and Bangladesh. He warned that such violent disturbances could invite foreign interference and lead to chaos.

“Violent uprisings only lead to anarchy,” Bhagwat said, adding that forces intent on creating disorder in Bharat are active both inside and outside the country. He distinguished between democratic movements, which bring change, and violent revolts, which do not. Reflecting on history, he noted, “France rose against its king and Napoleon became emperor. So many so-called socialist movements happened; all these socialist countries are now capitalist.”

**National Harmony: Response to the Recent Attack in Pahalgam**

Addressing India’s rich diversity, Mohan Bhagwat stressed the need to embrace differences within the framework of law. He condemned actions that provoke communities and called for fair administration.

“The administration must act fairly, but the youth must also stay alert and intervene if needed. The grammar of anarchy needs to be stopped,” he asserted. He further emphasized that an “us” versus “them” mentality is unacceptable in a united India.

**Economic Focus: Supporting Swadeshi and Prime Minister Modi’s Push for Local Products**

The call for self-reliance echoes Prime Minister Narendra Modi’s recent appeals encouraging Indians to buy products made in India. Modi highlighted the importance of recognizing and supporting locally crafted goods produced through the hard work of the country’s youth.

“Often, we don’t even know if the comb in our pocket is made in India or abroad. We should buy products that are Made in India, crafted through the hard work of our country’s sons and daughters,” Modi said in one of his speeches.

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As India navigates international economic challenges and regional uncertainties, leaders continue to stress the importance of self-reliance, national harmony, and democratic change driven by peaceful means.
https://www.newsbytesapp.com/news/india/dependence-mustn-t-turn-into-compulsion-rss-chief-amid-us-tariffs/story

‘Dependence mustn’t turn into compulsion’: RSS chief amid US tariffs

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**‘Dependence Mustn’t Turn into Compulsion’: RSS Chief Mohan Bhagwat on US Tariffs**

*By Chanshimla Varah | October 2, 2025*

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has responded to the recent tariff policies imposed by the United States on Indian goods. Speaking at the Vijayadashami event in Nagpur, Bhagwat remarked that the US tariff measures are primarily designed to safeguard their own national interests.

He emphasized the reality of global interdependence but cautioned that such reliance should never amount to compulsion. “We must move towards swadeshi and self-reliance; there is no alternative. Our harmony must be our own,” he stated.

**Regional Stability: Concerns Over Neighboring Countries**

Addressing recent unrest in neighboring nations such as Nepal, Sri Lanka, and Bangladesh, Bhagwat warned that such disturbances could invite foreign interference. He stressed that violent uprisings only lead to anarchy and instability.

“Those who seek to create disturbances in Bharat are active both inside and outside our country,” he said. Highlighting the distinction between democratic movements and violent revolts, Bhagwat recalled historical examples: “Democratic movements bring change; violent uprisings don’t. France rose against its king and Napoleon became emperor. So many so-called socialist movements happened, and all these socialist countries are now capitalist.”

**National Harmony: Embracing Diversity and Fair Administration**

Speaking on India’s diverse social fabric, the RSS chief underlined the importance of embracing differences within the bounds of law. He condemned acts that provoke communal tensions and urged for fair and impartial administration.

“The administration must act fairly, but the youth must also stay alert and intervene if needed. The grammar of anarchy needs to be stopped,” he added, condemning the ‘us vs them’ mentality as unacceptable.

**Economic Focus: The Drive Towards ‘Make in India’**

Prime Minister Narendra Modi’s recent calls to promote swadeshi products and self-sufficiency align with Bhagwat’s message. Modi has urged Indians to reduce dependency on foreign-made goods and consciously choose products made in India.

“Often, we don’t even know if the comb in our pocket is made in India or abroad. We should buy products that are made in India, crafted through the hard work of our country’s youth—products that carry the sweat of our sons and daughters,” the Prime Minister said in one of his speeches.

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The emphasis on self-reliance and indigenous production by both the RSS chief and the Prime Minister underscores a growing national narrative that advocates economic independence and cultural harmony amid global challenges.
https://www.newsbytesapp.com/news/india/dependence-mustn-t-turn-into-compulsion-rss-chief-amid-us-tariffs/story

In big push to fisheries sector, India eyes global certification for seafood

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**India Eyes Global Certification for Seafood to Counter US Tariffs**

**NEW DELHI:** In an effort to counter the impact of unilateral tariffs imposed by the United States, India is planning to seek global certification for its seafood products. The Marine Stewardship Council (MSC) certification, an internationally recognized sustainability standard, could help Indian seafood command premium prices—up to 30% higher than before.

The US, previously India’s largest seafood market valued at $7.38 billion (35% of exports), implemented a steep 59.73% tariff on Indian seafood. This move severely affected the seafood industry, leading to significant market challenges for exporters.

In response, the Union government intends to allocate special funds through the Pradhan Mantri Matsya Sampada Yojana (PMMSY) 2.0 scheme to support MSC certification for 10 key Indian fisheries. National institutes, such as the Central Marine Fisheries Research Institute (CMFRI), are providing technical assistance to drive this initiative.

The 10 priority fisheries include a variety of deep-sea and coastal species such as shrimps, squid, cuttlefish, Karikadi shrimp, threadfin breams, blue swimming crab, and octopus. These categories are currently in the final stages of addressing technical gaps before certification. India is expected to achieve full MSC certification for these fisheries by 2026.

“It has been a tedious five-year process, and now we are preparing to apply for MSC certification in 2026,” said Dr. Sunil Mohammad, a former principal scientist at CMFRI.

The certification process involves a cost of around Rs 20 lakh per category, with the government committing to bear half of the total expenses to support the seafood sector.

Currently, India has only one fishery—the Ashtamudi short-neck clam fishery from Kerala—certified under the MSC. With this new push for certification, India aims to regain its market share, particularly in Europe, and strengthen its position in the global seafood market.
https://www.newindianexpress.com/thesundaystandard/2025/Sep/28/in-big-push-to-fisheries-sector-india-eyes-global-certification-for-seafood

High US tariffs pose risk to India’s growth: Crisil

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**High US Tariffs Pose Risk to India’s Growth: Crisil**

*By Akash Pandey | Sep 27, 2025, 05:01 PM*

A recent report by Crisil Intelligence has highlighted significant risks to India’s economic growth due to the high tariffs imposed by the US on Indian goods. These tariffs are expected to impact both Indian exports and investments adversely. However, the report also notes that domestic consumption is likely to remain a key driver of growth, supported by low inflation and prospective rate cuts.

**GDP Growth and Inflation Projections**

India’s GDP growth reached a five-quarter high of 7.8% in the first quarter of FY25-26, up from 7.4% during the same period last year. Despite this positive momentum, nominal GDP growth slowed to 8.8% compared to 10.8% in the previous year, according to Crisil Intelligence.

On the inflation front, the report forecasts that the consumer price index (CPI) inflation will ease to 3.5% in the current fiscal year, down from 4.6% last year. This moderation in inflation is expected to provide further support to economic stability.

**Factors Influencing Inflation Control**

Robust agricultural growth is anticipated to keep food inflation under control, although the full impact of recent excess rainfall is yet to be assessed. Additionally, lower crude oil prices and stable global commodity prices are expected to help contain non-food inflation. These factors combined are likely to play a crucial role in managing India’s inflation rates over the coming months.

**Policy Outlook: RBI Rate Cut Expected**

On the monetary policy front, Crisil Intelligence predicts that the Reserve Bank of India (RBI) will implement one more rate cut during this fiscal year, followed by a pause to assess the effects. Between February and June 2025, the RBI’s Monetary Policy Committee had already cut the repo rate by 100 basis points. The central bank is currently awaiting the full transmission of these previous cuts before making further adjustments to interest rates.

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*In summary, while high US tariffs present challenges for India’s growth through their impact on trade and investment, domestic factors such as controlled inflation and accommodative monetary policy are expected to sustain economic momentum in the near term.*
https://www.newsbytesapp.com/news/business/us-tariffs-could-impact-india-s-growth-crisil/story

High US tariffs pose risk to India’s growth: Crisil

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**High US Tariffs Pose Risk to India’s Growth: Crisil**

*By Akash Pandey | Sep 27, 2025, 05:01 PM*

A recent report by Crisil Intelligence has highlighted that the high tariffs imposed by the United States on Indian goods could pose a significant risk to India’s economic growth. The September 2025 report emphasizes that these tariffs are likely to affect both Indian exports and investments negatively.

However, despite these challenges, domestic consumption is expected to remain the key driver of growth, supported by low inflation levels and anticipated rate cuts by the Reserve Bank of India (RBI).

**Economic Indicators: GDP Growth and Inflation Projections**

India’s GDP growth reached a five-quarter high of 7.8% in the first quarter of fiscal year 2025-26, up from 7.4% in the same quarter last year. Meanwhile, nominal GDP growth slowed to 8.8% compared to 10.8% during the corresponding period in the previous fiscal year, according to Crisil Intelligence.

On the inflation front, the report projects consumer price index (CPI) inflation to ease to 3.5% this fiscal year, down from 4.6% last year.

**Inflation Control: Factors Influencing Rates**

Robust agricultural growth is expected to help keep food inflation under control. However, the full impact of recent excess rainfall on agricultural output remains to be seen. Additionally, declining crude oil prices and stable global commodity prices are anticipated to contain non-food inflation, further aiding in the moderation of overall inflation rates in the coming months.

**Policy Outlook: RBI Likely to Implement One More Rate Cut**

On the monetary policy front, Crisil Intelligence forecasts that the RBI will introduce one more rate cut during the current fiscal year, followed by a pause. The central bank’s monetary policy committee had already reduced the repo rate by 100 basis points between February and June 2025. The RBI is now expected to await the complete transmission of these cuts before deciding on any further interest rate adjustments.

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*In summary, while high US tariffs present challenges to India’s export and investment sectors, strong domestic consumption, controlled inflation, and accommodative monetary policy are likely to support the country’s economic growth in the near term.*
https://www.newsbytesapp.com/news/business/us-tariffs-could-impact-india-s-growth-crisil/story

High US tariffs pose risk to India’s growth: Crisil

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**High US Tariffs Pose Risk to India’s Growth: Crisil**

*By Akash Pandey | Sep 27, 2025, 05:01 PM*

A recent report by Crisil Intelligence highlights that the high tariffs imposed by the United States on Indian goods could pose a significant risk to India’s economic growth. The September report cautions that these tariffs may adversely affect both Indian exports and investments.

However, the report also offers a positive outlook, noting that domestic consumption is expected to drive growth going forward. This optimism is supported by low inflation levels and anticipated rate cuts.

**Economic Indicators: GDP Growth and Inflation Projections**

India’s GDP growth reached a five-quarter high of 7.8% in the first quarter of fiscal year 2025-26, rising from 7.4% in the same period last year. Despite this, nominal GDP growth slowed to 8.8% compared to 10.8% in the previous year for the same quarter, according to Crisil Intelligence.

On the inflation front, the report projects that consumer price index (CPI) inflation will ease to 3.5% in the current fiscal year, down from last year’s 4.6%.

**Inflation Control: Factors Influencing Inflation Rates**

The report emphasizes that robust agricultural growth is expected to help keep food inflation in check, though the full impact of recent excess rainfall is still under evaluation.

Additionally, lower crude oil prices and stable global commodity prices are likely to contain non-food inflation. These combined factors will play a crucial role in managing inflation in the coming months.

**Policy Outlook: RBI Likely to Implement One More Rate Cut**

Regarding monetary policy, Crisil Intelligence anticipates that the Reserve Bank of India (RBI) will implement one more rate cut during the current fiscal year, followed by a pause.

The RBI’s Monetary Policy Committee had already cut the repo rate by 100 basis points between February and June 2025. The central bank is now expected to wait for the full transmission of these past cuts before making any further decisions on interest rates.

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In summary, while high US tariffs present notable challenges to India’s economic growth, strong domestic consumption, controlled inflation, and supportive monetary policy are poised to sustain India’s growth momentum in the near term.
https://www.newsbytesapp.com/news/business/us-tariffs-could-impact-india-s-growth-crisil/story