“The Committee notes that in recent years, there has been a notable trend of foreign universities establishing campuses in India which is driven by India’s vast student market … However, India is yet to secure a campus from any of the leading global universities (the Ivy Leagues, New York University, Carnegie Mellon University, etc). The Committee recommends that the Department of Higher Education should make efforts to secure the same to enable greater access to the best of global resources for students within the country,”
Parliamentary Panel headed by Congress MP Digvijay Singh (The Print, April 6)
“This isn’t about engineering a market selloff… I didn’t do this to crash anything. The markets have to take some medicine, but it’s going to heal… We’re bringing jobs back, factories back. You watch, it’s going to be amazing.”
US President Donald Trump on the US/international stock markets crashing in the aftermath of his executive order imposing 11-50 percent tariffs on countries worldwide (April 7)
“One research centre after another is being slashed or shut down by Mr. Trump and Elon Musk, whether it is at National Institutes of Health or the Environmental Protection Agency. Mr. Trump has made a move to completely dismantle the US Department of Education. He has ordered widespread layoffs within federal science agencies… Mr. Trump’s assault on science might have global repurcussions.”
Atanu Biswas, professor, Indian Statistical Institute, Kolkata in an essay ‘The Trump effect and a possible exodus of expertise’ (The Hindu, April 9)
“Unless he suddenly changes direction, which is unlikely, Donald Trump is committing political suicide. His enormous tariff increases, inducing retaliation by others, mean inflation, recession and trade war.”
Swaminathan S. Anklesaria Aiyar, economist/columnist (The Economic Times, April 9)