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Opinion

Ukraine war will worsen India's economic growth prospects

New Delhi should consider reviving the tried and tested rupee-ruble trade route

| India
Tea sellers wait for customers on a deserted road at Sadar Bazaar in New Delhi on Jan 16: the Ukraine crisis could not have come at a worse time.   © Sipa/AP

Prerna Sharma Singh is an award-winning economist specializing in policy and regulation with special reference to the agriculture and food sectors.

Caught between Moscow and Washington over its response to the war in Ukraine -- New Delhi depends on Russia for weapons and the US is its major export destination  -- the lingering conflict will seriously complicate India's macroeconomic outlook.

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