# Rangarajan says tariffs, conflicts force policy rethink 2026-08-07T23:46:43+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Former RBI governor C Rangarajan has said India must rethink its economic policies as tariffs and geopolitical conflicts shake the global order. Speaking at Stella Maris College in Chennai, he argued that in critical areas like defence, semiconductor production, and AI adaptation, India should boost domestic output even if that means bending liberalisation rules. “We are breaking the rules of liberalisation, but that is what we have to do if the total global situation changes,” said the former chairman of the Economic Advisory Council to the Prime Minister. He delivered the lecture marking 35 years of India’s New Economic Policy. ## Coverage - thehindu.com Tags: C Rangarajan, domestic production, economic policy, liberalisation, RBI, Tariffs Canonical: https://indianopinion.org/rangarajan-says-tariffs-conflicts-force-policy-rethink/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rangarajan-says-tariffs-conflicts-force-policy-rethink/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.