Explaining with an economic think tank that India should avoid participating in a business deal with the US, the Congress on Monday warned against Masala-a positively agreed settlements were achieved through leveraged arm-twisting-sadds, and said “Our favor wish, we have to be very careful”.
Congress General Secretary in -charge Communications, Jeram Ramesh said, “Earlier, spice bonds have been issued by companies outside India, but the rupee has been condemned. The International Finance Corporation did so in 2014 and 2015 and HDFC and NTPC followed a year later.” Now New Delhi -based Global Trade Research Institute (GTRRI) has warned on the trade deal being held by India with the US, he said in a post. X,
Ramesh said, “In a fully arbitrary and clearly strange manner, GTRI has now attracted attention to what it says to Masala (mutually agreed settlements) have been obtained through deals,” Ramesh said.
Apparently the Prime Minister’s “brief-infectious bug” is proving to be contagious, but when it can be in a colorful language, the warning cannot be ignored, he said.
Earlier, spice bonds have been issued by companies outside India but were condemnable in rupees. The International Finance Corporation did this in 2014 and 2015 and HDFC and NTPC chased it a year later.
Now the Global Trade Research Institute in New Delhi has a …
– Jeram Ramesh (@Jairam_ramesh) July 14, 2025
Ramesh said, “In our will, we have to be very careful in our wishes. President Trump has talked 21 times from May 10 how he used Masala so that Operation Sindor would stop to stop suddenly.”
After their comment, experts said that India should avoid participating in a business deal with the US that compromises the main areas like agriculture. He warned that the Washington, like the European Union, has not spared its major partners.
The United States has shot dead letters to 24 countries and the European Union (EU), which is 50 percent more on Brazil. On major trading partners such as the European Union and Mexico, 30 percent of duties have been proposed from 1 August.
GTRI had said that India should identify that it is not alone in facing American pressure.
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The US is currently interacting with more than 20 countries and seeking more than 90 concession.
“Nevertheless, most of them are opposing because they look at these spices (through leveraged arm-twisting they are politically operated for deals, they have offered any permanent trade certainty,” said Ajay Srivastava, the founder of GTRI.
He said that both the European Union and Mexico are the major trade partners of the US, and Washington can put tariffs on them to put pressure on them in quick deals, India cannot expect a balanced deal.
Another business expert said that India should walk carefully while talking on the trade treaty with the US.
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From Japan and South Korea to the European Union and Australia, countries are opposing Trump’s trade deals that demand tariff cuts without mutual American concessions, guarantee the mandate of American goods, and even after signing a deal, leaving the door open to the future tariff, said GTRI said.
A team of Indian trade dialogues will soon visit Washington for further interaction for the proposed bilateral trade agreement (BTA).
Srivastava said, “India should stay in the course and avoid removing main areas like agriculture. A haste under pressure can have irreversible consequences in a hurry, especially when such compromises cannot escape the next innings in American politics,” Srivastava said.
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