Navigating the New World Order: How Politics is Shaping Global Economics

External Affairs Minister S Jaishankar highlighted how politics is increasingly impacting global economics, emphasizing India's strategy for diversifying supply sources to ensure national needs. He also addressed shifting US engagement strategies, India's industrial growth, and its approaches to trade and global diplomacy.

External Affairs Minister S Jaishankar has emphasized the shifting dynamics where politics increasingly influences global economics. In a speech at IIM-Calcutta, he underscored the importance of diversifying supply sources to meet national requirements in a world that's becoming increasingly unpredictable.

He noted the United States' radical new one-on-one engagement policies and referenced parallel negotiations between India and the US. Jaishankar highlighted India's push towards self-reliance and industrial development while acknowledging China's long-standing strategic play in global markets.

In terms of infrastructure, he pointed out significant advancements in India, narrowing the gap with other successful Asian economies. The minister affirmed that India's comprehensive diplomatic role and strategic industry growth are pivoting the nation's global positioning.

(With inputs from agencies.)