ADVERTISEMENT
Amid Global Lockdowns, India Finds Itself Facing Autarky-Like Conditions
In economic parlance, Autarky denotes a system which is more self-sufficient than inter-connected.
03 Apr 2020, 07:09 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
![NDTV Profit](/icons/timer.svg)
![A man wearing a protective mask walks past shipping containers at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust, in Navi Mumbai, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)](https://media.assettype.com/bloombergquint%2F2020-04%2Fb94e9942-e004-4d70-ad5a-701e93460f63%2F360837731.jpg?rect=0%2C387%2C3998%2C2249&auto=format%2Ccompress&w=200)
A man wearing a protective mask walks past shipping containers at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust, in Navi Mumbai, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)
The word ‘autarky’ traces its origins back to the Greek language. In English, it means self-sufficiency. And in economic parlance, it denotes a system which is more self-sufficient than inter-connected.The global spread of Covid-19, which has forced many a country to impose complete or partial lockdowns, may force India into a period of autarky-like conditions as global trade and supply chains are disrupted significantly.Disruptions ...
![](/images/white_gradient.png)
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT