New Delhi, July 06, 2025 (ANI): On the Birth Anniversary of founder of Bharatiya Jana Sangh, Dr. Syama Prasad Mookerjee, Delhi Chief Minister Rekha Gupta said, "If anyone sowed the first seed of nationalism in the soil of this country, it was Dr.Syama Prasad Mookerjee. He instilled the spirit of 'nation first' in the country. When the governments of that time were making decisions against the nation, he resigned from his ministerial position and fought for India's unity. 'One nation cannot have two constitutions, two heads, and two flags'—he had the courage to say this. On the birth anniversary of the revered Dr.Syama Prasad Mookerjee, I extend my heartfelt greetings to the entire nation. I would like to say that by following the path he showed, we will all work together for the unity, self-reliance, and honour of the nation, and only then will we offer him true tribute."
00:00Ministry of Commerce, other ministries have spent a lot of time in engaging with various stakeholders, various sectors.
00:07The reason they have done this is so that they can adequately project what the opportunities are,
00:14how do you position India and also adequately represent the interests of the Indian companies.
00:20I do believe that a lot of work, a lot of effort has gone into this.
00:24Anything that the government does and if they eventually sign, they will only do it.
00:29They have a very clear understanding of what the issues are and they will only do it if it is a fair deal.
00:35A fair deal is definitely something that industry would prefer.
00:38A trade deal also reflects a broader understanding between two countries.
00:43Sir, how hopeful you are of the US trade deal?
00:48I think it is difficult for me to attribute a percentage to it.
00:54All I can say is that the government, Ministry of Commerce, other ministries have spent a lot of time in engaging with various stakeholders,
01:05various sectors, with the larger companies, with the mid-sized companies, with the smaller companies.
01:11They spent a lot of time in engaging to try and understand what the issues are.
01:15The level of detailing that they have done is very good.
01:18The reason they have done this is so that they can adequately project what the opportunities are,
01:25how do you position India and also adequately represent the interests of the Indian companies.
01:31I do believe that a lot of work, a lot of effort has gone into this.
01:36So, I am not very concerned that anything that the government does and if they eventually sign, they will only do it,
01:44they have a very clear understanding of what the issues are and they will only do it if it is a fair deal.
01:49Having said that, between having a deal done, a fair deal done and no deal, a fair deal is definitely something that industry would prefer
01:57because otherwise you are imposed with a tariff of 26%, which if you compare with some of the other countries that India competes with in exporting into the US,
02:07particularly the neighboring countries of the US or some of the Eastern Asian countries where the tariff rates are lower,
02:16there definitely some of the Indian exporters will have greater competition from those markets because they will have a tariff advantage.
02:24So, I would say if it is a fair deal on balance, India's Indian industry is very keen that the deal gets done because of the tariff issues,
02:33but only if it is in the broader interest of India.
02:36If it does not materialize, then how is it going to impact India?
02:41Very difficult to say. I think as I said that from an export standpoint, I think in some products,
02:50with some countries India's competitiveness will get challenged more and to that extent I think there will be in some sectors where there could be challenges.
03:00The second, I would say at least on the, you know, a trade deal also reflects a broader understanding between two countries,
03:14that there is a strategic economic interest, joint economic interest that needs to be pursued.
03:19So, if a trade deal gets signed, then I think the economic cooperation overall just increases.
03:24I think that may also, in particular with the US, if it is not signed, I think it will take a few steps back.
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03:39By the way, we do not forget that the user can be used.
03:42It is a sense of what I would say.
03:44It is a very significant problem.
03:46It is a very crucial problem.
03:47Please keep an eye out.
03:49If it does not know, we should have this big deal to make sure that they are just going to find the use of the CC021.
