Media advisor to former Prime Minister Manmohan Singh, Sanjaya Baru, said that there are several lessons to learn from the ongoing war between Russia and Ukraine and the stand taken by the Indian Government is appreciable.
He said that Russia has always stood by India as a reliable and trustworthy supplier. “India must be self-reliant, particularly in the defence sector. There is tremendous pressure on the country to distance itself from Russia but the government is standing firm on being independent,” he said.
“The Ukraine war has impacted the Indian economy. Inflation has increased, and food and commodity prices have increased. We had a series of damaging impacts on our economy, including demonetisation, COVID and now Ukraine war. The economic growth rate is six or less on an average,” said Mr. Baru while delivering a lecture on “India and the post-Ukraine world” held at Kedia College of Commerce here on Saturday.
