India, Aug. 25 -- India won't compromise on the interests of farmers and small businesses, Prime Minister Narendra Modi said on Monday, even as the prospect of 50% US tariffs on India loomed large.

"For Modi, interests of farmers, cattle rearers and small-scale industries are paramount. The pressure on us may increase, but we will bear it all," the prime minister said during a gathering in Ahmedabad. He was in the city to launch multiple civic projects.

"India is empowered by 'Chakradhaari' Lord Krishna, who symbolises strength and protection, and 'Charkhadhari' Mahatma Gandhi, who pushed for swadeshi with his spinning wheel."

India is likely to be among the countries worst hit by US President Donald Trump's trade offensive, with tarif...