|| SHANIWAR SAMWAD || 19-03-2022

  A lot of things are happening around us more precisely in the geopolitical sphere, lots of voices are coming in Russia and Ukraine war. It is not war which we think, moreover it is continuity of century-old conflict got modern-day retaliation from each in a different form, this time it is in the military escalation.

The impact of the present mini-war or conflict will not have the major implication, in the globalized world the economic interest is more than that of moral or other forms of interest.

There are many sanctions imposed by countries with many loopholes in the whole announcement and its implementation, which is very clear from day one to till date.

If we see the whole episode, the world is divided on the issue with all needing oil and gas as many major economies are dependent on Russian oil and gas, so it is not feasible to stop the all of sudden the import of non-exchangeable commodiy.

There is spike in prices of crude which is affecting the recovery of  economy after lockdowns due to the pandemic..

But the current condition will not remain as it is as the price will come down after some as war stops or any solution is reached.

The other commodity prices is also increasing same will be there as of crude only how much it will decrease it has tobe seen.

The present situation is an opportunity is establish us as grain {commodity} exporter in the global market.

There is opportunity hat we have o reduce the cost of farm produce by using modern technique. The sector needs investment, but land holding in our country is very low which makes it unviable for major investment and cost of capital is now less and getting is less cumbersome than earlier but making it viable  needs large racts of land holding , different mechanism needs for land pooling so the large tracts will be their for major investment.

From here onward, in the name of climet change whole world is going to work on alternate to fossil fuel.

Now, policy maker are ready to work on this as they have made it habit to do this after the pandemic.

Already, work on this is going on, but now pace will increase, globalized world is inter connect to each other.

We have  another opportunity of making RUPAY card and UPI payment system acceptable worldwide, as Chinese government is trying it aggressively.

This is war or armed conflict between Rusia and Ukraine but the great  opportunity for us.