Ethiopia, Africa’s largest coffee producer, has revised its regulations to allow foreign companies direct access to farmers and processors for coffee purchases. The move is part of efforts to liberalize the East African nation’s economy. Previously, foreign buyers were required to purchase coffee from local companies. The new directive extends this access to other commodities as well, excluding fertilizer.
India, once a global economic powerhouse, has experienced a significant decline in its economic standing since its colonization by Britain. However, with its vast population and recent liberalization policies, India has the potential to regain its place among the top economies. To achieve this, India needs to address key challenges such as deepening liberalization, enhancing tax collection, boosting research and development, addressing inequality, and strengthening governance at all levels. Building a consensus among diverse stakeholders and bridging the gap between rural and urban areas is crucial for India to sustain its growth and become a major engine of growth for the world.
