Scott Bessent

United States Secretary of the Treasury

American Treasury Secretary Scott Bessent, in a major speech, spells out what we in India would call their own "Swadeshi economic policy". https://x.com/svembu/status/2071202290439176250

1. The first principle he states: "The first is that economic security begins with national capacity… The nation that depends on its adversaries for critical inputs is not truly sovereign. And the nation that reduces its economics to consumption is not truly prosperous."
2. Powerful words. I agree with him and India must resolutely apply the same principles. East Asian nations are all strongly Swadeshi too.
3. I am proud to be closely associated with the Swadeshi Jagran Manch, and SJM has long advocated similar principles, for over 3 decades now.