India should stay away from Russia..!? Why..!?
One year later,
russia is still prolonging the
ukraine problem. Although this has caused great dissatisfaction and concern among the world countries, although the Western countries have taken various measures to end this problem, it has not helped much. To be more clear, the Western countries have built a dream castle that they will get their way if they freeze
russia economically.
As
russia, it is working effectively. Western countries, unable to do anything directly to
russia, turned their attention to
india and
china, which were economically helpful to Russia. In particular, they said that they should not buy more
oil from Russia. But not listening to all this,
india and
china continue to buy
oil from Russia. Not only
oil, but they are also planning new
business projects. If it is not possible to transact in dollars, then they have tried to do
business in rupees and have tried to implement it. So
india continues to buy
oil from
russia without taking any opinion of western countries.
While many countries have reduced their
oil purchases from
russia,
india, and
china have increased.
india in particular has significantly increased its
oil imports. It is very helpful for
russia economically. It is said that
russia is especially helpful in fighting the war. Due to this, the good relationship and impression of
india and
china due to its close ties with
russia can limit the relationship with Western countries in the long run, experts say.
china, which has long-standing ties with
russia, may consider other countries to cut ties with India. This could become a problem for
india in the long run. This can become a problem, especially in the long run.
For example, the UK has many programs like a visa for 3000
people per year, free trade agreement. So it can be affected. If there is any problem with this, it can have an impact on the economy. Especially if there is any change in the trade agreement, it can have a big impact. For example, the 2015 Australia-Japan Free Trade Agreement, in which various types of
business activities are being carried out between the US and India. Recently, the two countries have planned a lot of things, including improving and expanding trade, education, technical partnership, and defense cooperation. So this can give a boost not only to the bilateral
business relationship but also to the economy. The role of
indians in America is important, especially in the tech sector. If there is any problem with this, it can become a problem for the employees of both countries. This may affect the
business of both countries. However, the impact may be greater in India.
In the last financial year 2022, India's total export is 422 billion dollars. 24% of this is sent to the US. 21% is also sent to Europe. Almost half of the total is exported to Western countries. However, only 0.75% was exported to
russia during this period. 5% of the same has been exported to China. Especially in the
service sector,
india exports to Western countries to a large extent. It's more than stuff. Most of the work done in the
service sector is done in the West. The
service sector will play an important role in India's future growth. So if there is any problem with it, it can have a huge impact on the economy.
The number of
indian students in Western universities is significantly higher.
government data shows that 11,33,749
students studied in 2021 alone. Majority of these 51% studied in Australia, Canada, the UK, and the USA, followed by 2% in
china and 1.4% in Russia.
indians make up the majority of
students studying in the US on visas.
indians also have a large share of foreign nationals on work visas. In this, India's IT giants such as Wipro, TCS, and Infosys are providing their
services in western countries.
indians have also been greatly affected by the layoffs that are currently taking place in Western countries. We have to understand that there are so many problems for
india and
indians because of the West.