Crime & Justice / Livemint
To strengthen defence preparedness, Indias spending on it must rise sharply. The pace we choose is the question and this depends on how adequately the country is equipped to tide through the dramatically different world now inhabit.
VCs have largely stuck to relatively low-risk areas where startups fix immediate well-defined problems, despite falling returns, as the deep tech ecosystem is still in infancy. In time, we can expect VCs to start funding bolder ventures.
Knee-jerk reactions to price spikes have included food export curbs and stock limits, but these short-term actions to tame prices have often meant farmers had little reason to up output. We need public investment in well-regulated markets, storage facilities and distribution networks.