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.