Despite the persisting global challenges, the apex bank's article is optimistic and said India is likely to be less affected by the additional 10 per cent US tariffs compared to neighbouring China and some other Asian economies

“Grain is subsidised with taxpayers’ money; the government bears the cost of procurement, storage and transportation; and then the same grain is sold to ethanol producers at a discounted price. So, who is actually benefiting from this entire system?” he asked