What Should India Do? | Episode 114 | Everything is Everything

The US state has gone rogue. 50% tariffs are crazy. What should India do now? How does one think rationally about an irrational world order? Welcome to Episode 114 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah. In this episode, Ajay lays out a roadmap for how India can thrive again despite the madness in the world. Note: Amit and Ajay have launched their online course LIFE LESSONS. Click here to sign up: https://lifelessons.co.in/ TABLE OF CONTENTS:  00:00 Packaging 00:13 Intro: This Present Moment 09:01 Chapter 1: 1991-2011 – The Good Times 26:47 Chapter 2: The India-US Relationship 34:19 Chapter 3: What’s Happening in the US? 40:10 Chapter 4: The Impact 45:47 Chapter 5: Building a New Global Order 55:44 Chapter 6: Some Concrete Examples 1:03:13 Chapter 7: Reforming Within India 1:25:52 Chapter 8: How to Deal With US and China 1:31:31 Chapter 9: Amit’s Pessimism 1:42:34 Chapter 10: What Should Firms Do? OTHER USEFUL RESOURCES: 1. Amit on Twitter:   / amitvarma   2. Ajay on Twitter:   / ajay_shah   3. The Seen and the Unseen -- Amit's audio podcast: https://seenunseen.in/ (Also on all podcast apps. And YT, though few listens come from here:    / @theseenandtheunseen  ) 4. Ajay's organisation, XKDR Forum, on YT:    / @xkdr   5. In Service of the Republic -- Vijay Kelkar & Ajay Shah: https://amzn.eu/d/hwGILb3 6. The Art of Clear Writing -- Amit's writing course: https://indiauncut.com/clear-writing/ 7. The India Uncut Newsletter -- Amit's newsletter at https://indiauncut.substack.com/ 8. Life Lessons -- a course taught by Amit Varma & Ajay Shah: https://lifelessons.co.in/ 9. The LEAP Blog: https://blog.theleapjournal.org/ 10. Indian economic strategy in the new globalisation — Vijay Kelkar and Ajay Shah: https://tinyurl.com/mebdbyb 11. The Globalisation Episode — Ep 95 of EIE:    • The Globalisation Episode | Episode 95 | E...   12. Is Globalization Doomed? — Ep 96 of EIE:    • Is Globalization Doomed? | Episode 96 | Ev...   13. Sajjid Z Chinoy on the road ahead: https://tinyurl.com/36pcp6vv 14. Soham Das: https://tinyurl.com/w2zwewkk 15. TN Ninan: https://tinyurl.com/2s364mtd 16. M Govinda Rao: https://tinyurl.com/4kaazk9f 17. Rajeswari Sengupta: https://tinyurl.com/57j6dpyn 18. Mihir S Sharma: https://tinyurl.com/3mc4abpy 19. Why Freedom Matters — Ep 10 of EIE:    • Why Freedom Matters | Episode 10 | Everyth...   20. How to Do Development — Ep 57 of EIE:    • How to Do Development| Episode 57 | Everyt...   21. Caste & the Census — Ep 417 of Seen/Unseen:    • Ep 417: Caste and the Census   22. What Just Happened Between India & Pakistan? — Ep 418 of Seen/Unseen:    • Ep 418: What Just Happened Between India &...   23. Don't Mess With the Price System — Ep 66 of EIE:    • Don't Mess With the Price System | Episode...   24. Economics in One Lesson — Ep 109 of EIE:    • Economics in One Lesson | Episode 109 | Ev...   25. Rules, Not Discretion — Ep 92 of EIE:    • Rules, Not Discretion | Episode 92 | Every...   26. What Ails Indian Manufacturing? — Ep 104 of EIE:    • What Ails Indian Manufacturing? | Episode ...   27. Is Manufacturing the Answer? — Ep 105 of EIE:    • Is Manufacturing the Answer? | Episode 105...   28. Where Indian Regulation Went Wrong — Ep 99 of EIE:    • Where Indian Regulation Went Wrong | Episo...   29. Why Talent Comes in Clusters — Ep 8 of EIE:    • Why Talent Comes in Clusters | Episode 8 |...   30. What's Wrong With Indian Agriculture? — Ep 18 of EIE:    • What's Wrong With Indian Agriculture? | Ep...   31. The Tragedy of Our Farm Bills — Ep 211 of Seen/Unseen:    • Ep 211: The Tragedy of Our Farm Bills   32. The Beauty of Finance — Ep 21 of EIE:    • The Beauty of Finance | Episode 21 | Every...   33. What’s Wrong With the Indian Media? — Ep 113 of EIE:    • What’s Wrong With the Indian Media? | Epis...   34. The policy posture as an incomplete contract — Ajay Shah: https://tinyurl.com/2pzkv2se 35. The Wonders of FDI — Ep 111 of EIE:    • The Wonders of FDI | Episode 111 | Everyth...   36. Great leaders choose prosperity over pride — Ajay Shah: http://mayin.org/ajayshah/MEDIA/2025/... 37. The Importance of the 1991 Reforms — Ep 237 of Seen/Unseen:    • Ep 237: The Importance of the 1991 Reforms   38. The Reformers — Ep 28 of EIE:    • The Reformers | Episode 28 | Everything is...   39. The Life and Times of Gurcharan Das — Ep 425 of Seen/Unseen:    • Ep 425: The Life and Times of Gurcharan Das   40. Naushad Forbes Wants to Fix India — Ep 282 of Seen/Unseen:    • Ep 282: Naushad Forbes Wants to Fix India   41. The Life and Times of Montek Singh Ahluwalia — Ep 285 of Seen/Unseen:    • Ep 285: The Life and Times of Montek Singh...   42. The Long Road to Change — Ep 36 of EIE:    • The Long Road to Change | Episode 36 | Eve...   Produced by Amit Varma Shot by Vaishnav Vyas & Nomsita MS Haritashya:   / vaishnav.vyas   Edited by Nomsita MS Haritashya:   / nomsitaharitashya   Thanks to Gaurav Chintamani for sound:   / gaurav_chintamani   Chapter image by Simahina.