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    <title>West Asia crisis poses risks to India&#039;s trade and macroeconomic stability: NITI Aayog report</title>
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    <description>West Asia geopolitical instability poses risks to India&#039;s trade and macroeconomic stability by widening the current account deficit and pressuring the exchange rate, while slowing the India-GCC Free Trade Agreement and affecting trade diversification and market access. The report also recommends upgrading the gems and jewellery sector through design-led manufacturing, GI-branded products, stronger trade facilitation, improved raw material access, easier finance, simplified customs procedures, and better sector-specific data systems.</description>
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