The ‘law of unintended consequences’ seems to be operating stealthily in the prevailing tariff war unleashed by the U.S.
Two examples:
The EU may appear to have accepted the evolving global tariff regime, responding with its own strategic adjustments. Yet the friction has nudged Europe to rethink its security dependence, leading to higher defence spending in France and Germany. In the process, Germany has moderated its fiscal orthodoxy, which may well catalyse a resurgence in Europe’s major economies. The world could gain a new engine for growth.
In Canada, long hampered by notorious internal trade barriers between its provinces, steps are now being taken to dismantle them, bringing the country closer to a common market and enhancing economic resilience.
Both these ‘unintended consequences’ could become long-term positives for global growth.
Shouldn’t India too seize this moment to shape a virtuous consequence for itself? Just as the 1991 forex reserves crisis triggered liberalisation, can today’s global ‘Manthan’ over tariffs yield some ‘Amrit’ for us?
Two strong steps we can take today are:
1. Radically Improve Ease of Doing Business
—India must go beyond incremental reform and create a genuinely effective single-window clearance system for all investment proposals.
—While states control many investment regulations, we can begin with a coalition of willing states aligning with a national single-window platform.
—If we demonstrate speed, simplicity, and predictability, we can make India an irresistible destination for global capital in a world seeking trusted partners.
2. Unleash the Power of Tourism as a Forex Engine
—Tourism is one of the most underexploited sources of foreign exchange and employment.
—We need to dramatically accelerate visa processing, improve tourist facilitation, and build dedicated tourism corridors around existing hotspots, offering assured security, sanitation, and hygiene.
—These corridors can serve as models of excellence, encouraging other regions to emulate and raise national standards.
And a broader action agenda to build on these pillars:
Liquidity & Support for MSMEs; Infrastructure Investment acceleration; A Manufacturing Push, via enhancement and expansion of the scope of PLI schemes; Rationalise import duties so that duty on manufacturing inputs are lowered and assist in improving our competitiveness.
Let the unintended consequences we create be the most intentional and transformative ones of all.
We cannot fault others for putting their nations first. But we should be moved to make our own nation greater than ever.
When I try to register my mother having 78 years age , at place of addl information / corresponding address no telangana dist is displaying. Instead for Andra dists are only displaying for entering state as telangana in prior columns.
Pls correct & make available to all
Hon’ble Chief Minister Sri.A.Revanth Reddy participates in Handing over of appointment letters to newly recruited AEEs at Jala Soudha Grounds,Erra Manzil,Hyderabad https://t.co/uJFofhWb3f
Honb’le Minister for PR & RD, RWS Smt Danasari Anasuya Seethakka ma’am has conducted a review meeting with #MissionBhagiratha Secy Smita Sabharwal, Engineer-in-Chief Sri G. Krupakar Reddy and Chief Engineers.
We at #MissionBhagiratha are honored to be part of her team ✊🏼
@seethakkaMLA@SmitaSabharwal
చైనాలో జరుగుతున్న 'ఆసియా గేమ్స్ 2023' లో మహిళల 25 మీటర్ల పిస్టల్ టీం ఈవెంట్ (షూటింగ్) లో తెలంగాణ బిడ్డ @SinghEsha10 టీం స్వర్ణ పతకం సాధించడం పట్ల ముఖ్యమంత్రి శ్రీ కె. చంద్రశేఖర్ రావు హర్షం వ్యక్తం చేశారు. ఈషా సింగ్ టీం 1759 పాయింట్లతో భారత్ కు గోల్డ్ మెడల్ సాధించి, టీం స్పిరిట్ ను చాటిందని సీఎం అన్నారు.
తెలంగాణ ప్రభుత్వం క్రీడల అభివృద్ధికి అమలుచేస్తున్న పటిష్ట కార్యాచరణే జాతీయ, అంతర్జాతీయ క్రీడా వేదికల్లో తెలంగాణ క్రీడాకారులు కనబరుస్తున్న ప్రతిభకు నిదర్శనమని సీఎం అన్నారు. తెలంగాణ క్రీడాకారులు రానున్న రోజుల్లో మరెన్నో పతకాలు సాధించి, తెలంగాణ ఖ్యాతిని జగద్విదితం చేయాలని సీఎం ఆకాంక్షించారు.
#AsianGames2023
Today on #EngineersDay my warm greetings to all the brilliant #engineers that work everyday to convert dreams to concrete reality.
You are the true movers & shakers, risk-takers and innovators. Lucky to work with you all everyday 😊🙏 🚧
Here’s to all the Engineers of Team #MissionBhagiratha who made the dream of tapped water to every household in #Telangana a reality.
This #EngineersDay2023 let us honor and celebrate the contributions of engineers to the nation's growth and development 👷♀️👷♂️
@SmitaSabharwal@EDRBRS
Chandrayaan-3 Mission:
Smile, please📸!
Pragyan Rover clicked an image of Vikram Lander this morning.
The 'image of the mission' was taken by the Navigation Camera onboard the Rover (NavCam).
NavCams for the Chandrayaan-3 Mission are developed by the Laboratory for Electro-Optics Systems (LEOS)
https://t.co/PESoOql5ZK
Resurrecting from the ruins ✊🏼💧
Team #MissionBhagiratha pushing boundaries even in hazardous situations to bring MB waters once again to flood effected Kondai village of Mulugu.
Mission accomplished 🚰
@SmitaSabharwal@EDRBRS
Drink confidently, with #MissionBhagiratha by your side!Chlorine tests, our weapon in ensuring water purity 💧
By deligently measuring RC levels, we keep water from harmful contaminants 🦠
RC in MB water test has been conducted at Tribal Girls Residential school at Medipally of Kataram in Jayshankar Bhupalapally.
@SmitaSabharwal@EDRBRS
మా భూపాలపల్లి మిషన్ భగీరథ అధికారులను అభినందుస్తున్నా. వరద ప్రభావంతో చాలా నష్టం వాటిల్లనప్పటికి కేవలం 36 గంటల్లోనే మోరాంచపల్లి గ్రామానికి మంచినీరు అందించడం చాలా సంతోషం.
@TelanganaCMO గారి సంకల్పంలో @mb_telangana అధికారుల పనితీరుతో అన్ని గ్రామాలకు సకాలంలో మంచినీరు అందుస్తున్నారు.
@SmitaSabharwal@EDRBRS@Satyavathi_BRS@KTRBRS@TelanganaCMO