Rising energy prices will push up farm costs, with fertilizers set to get costlier as India relies on West Asia for supplies and inputs. While global shocks are hard to avoid, New Delhi can limit the damage through its domestic policy framework.
The closure of the Strait of Hormuz has already led to a spike in energy prices and shortage of petroleum products, including gas. India is also affected, given its dependence on the import of petrol… [+4360 chars]
