Challenge is to provide more clarity to our relationships with China: NITI Aayog vice chairman Suman Bery

India's NITI Aayog vice chairman Suman Bery discussed the complexities of reducing economic ties with China, job creation, fiscal consolidation, and the importance of state reforms. He emphasized the critical role of Chinese trade in India's competitiveness, particularly in green technology. Bery elaborated on the budget's cash-linked employment incentives aimed at improving youth employability and matching skills with opportunities. He also defended the sharp fiscal consolidation, citing its potential long-term benefits like improved sovereign credit ratings. On capital gains tax, he noted its role in balancing revenue distribution, and discussed the nuanced impact of inflation on monetary policy.