Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "ThePrint" channel.

  1. Worsening Economic Scenario Calls for Modi Government's Shift in Focus to Commerce Ministry in India 📈 It is time for Prime Minister Modi to prioritize the Commerce Ministry in economic policy due to international trade concerns and declining exports and imports. 00:14 The Commerce Ministry should assume pole position in economic policy due to larger economic ramifications of international trade concerns. 00:14 Prime Minister Modi should stress the difference between agility and skittishness in the Commerce Ministry's actions. 00:53 India is facing a decline in both merchandise exports and imports over the past 8 months, disproportionately affecting MSME exporters. 01:22 The decline in exports is largely due to the global economic slowdown, while the decline in imports raises concerns about manufacturing and consumption. 01:53 India saw high double-digit growth in petroleum exports in 2021-22 due to post-pandemic European exuberance and cheap Russian crude oil imports. 02:25 📉 India's merchandise export growth has contracted for the last 7 months, largely due to Europe's struggling economy and India's trade policy decisions. 03:18 India's merchandise export growth has contracted for 10 out of the last 12 months. 03:18 60% of India's merchandise exports are accounted for by msmes, which are directly affected by the decline. 03:36 India's decision not to join the regional comprehensive economic partnership (ARP) has impacted its export opportunities. 04:08 Asia's share in India's export destinations has fallen from 47% to 38%. 05:14 India should consider export incentives directed at Asian markets or diversification towards Africa and South American countries. 06:16 💡 The video discusses the importance of India's pivot in its economy, the decline in imports, and the impact of geopolitical issues on the country. 06:50 The decline in both oil and non-oil imports should be a concern for the government. 06:50 Geopolitical issues, such as oil prices and supply disruptions, directly affect India's economy. 07:34 Costlier oil impacts government finances, inflation, foreign exchange reserves, and corporate profitability. 07:58 India should prioritize securing favorable oil prices and not rely on autopilot. 08:22 India needs to pivot quickly from exporting to Europe to exporting to Asia. 08:38
    1