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‘Not enough’: PM economic advisor Sanjeev Sanyal warns of foreign ship reliance risks, backs India-owned merchant fleet for trade

Sanjeev Sanyal (File photo) India’s heavy dependence on foreign-flagged vessels, which carry more than 90 per cent of the country’s trade by volume, poses a serious strategic vulnerability risk, according to Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.Speaking to ANI, Sanyal argued that India’s limited merchant fleet constrains the nation’s…

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India must allow insolvency and bankruptcy to build dynamic risk taking economy pms economic advisory council member sanjeev sanyal.jpg

India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal

India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member…

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H 1b is americas gain not indias economist sanjeev sanyal says long term visas are a host nation advantage.jpg

H-1B is America’s gain, not India’s: Economist Sanjeev Sanyal says long-term visas are a host nation advantage

As technology reshapes work and talent moves across borders with unprecedented ease, long-term visas such as the H-1B have emerged as a key focus of international policy discussions. Yet, according to Sanjeev Sanyal, an Indian economist and popular historian, these visas primarily serve the interests of the host country, rather than the nations from which…

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