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The Sustainable Development Goals (SDGs) are the first truly global attempt to set universal development goals for all countries and transform the economic system. More than halfway through the timeline of achieving the SDGs, the COVID-19 pandemic and a series of subsequent crises have dealt a deathblow to the SDGs. A massive financing gap is the primary obstacle to the achievement of the global goals by 2030. This brief argues that the G20, with
Critical minerals have emerged as a vital resource for a state’s national security and strategic calculations. Consequently, like-minded states have attempted to establish alliances for mineral security to mitigate their vulnerability arising from overreliance on a single country, notably China. In the Indo-Pacific, the Quad has taken the initiative to work together on critical minerals. The Quad’s strategy aims to combine available resources
The Union Cabinet announced in June this year the Agnipath scheme, designed to recruit youths into the Other Ranks (ORs) of the Indian armed forces. The scheme, which came into effect immediately, will enable new recruits, or Agniveers, to serve in the military for four years. While the stated aim is to turn the Indian military into a younger and more tech-savvy force, this brief argues that there is also a strong financial imperative beh
Many countries across the world are harnessing disruptive technology to maintain technological superiority over their adversaries. Research and development (R&D) organisations are key to this task. In the defence sector, focused R&D drives critical innovations and product development. India continues to lag in defence technology and remains dependent on imports. A crucial impediment is long product development cycles. Under the cu
Wargaming can aid in strategic thinking and operational preparedness and help assess potential outcomes in a conflict or a battlefield. In recent years, modern militaries have been moving to technology-based wargaming by developing better modelling and simulations and running AI-generated plausible scenarios to enhance understanding of threat environments and operational realities. This paper analyses the merits of technology-based wargaming and
The arrival of vaccines against Covid-19 gives hope in ending the pandemic that has claimed close to 2.84 million lives so far. However, inoculating millions of people all over the world would require the massive production of vaccines, followed by their equitable distribution. An impediment to production and distribution of vaccines is the intellectual property (IP) rights that their developers enjoy. India and South Africa have together propo
This paper dissects the persistent credit crunch that has provoked recent debates on the autonomy of India’s central bank. It tracks the trajectory of the liquidity squeeze, beginning with the wariness of public sector banks to provide credit to high-risk sectors as bad loans mounted. Yet these banks were continuing to provide loans to the NBFCs (non-banking financial companies), which were in turn extending loans to the high-risk sectors (such
This Issue Brief aims to deconstruct the Centre-State fiscal relationship by describing the current status quo and the criticisms. It gives recommendations to correct and update the relationship such that it reflects the changed fiscal structure of the country, its States and its people.
Recent geopolitical disruptions and India’s geoeconomic and geopolitical ambitions necessitate the building of new, more reliable multimodal trade corridors. This report examines the strategic importance for New Delhi of the ten-year agreement on Chabahar Port in Iran, and how it aligns with India’s ‘Connect Central Asia Policy’ and historical ties with the region. The Chabahar Port, along with the International North-South Trade Corridor
Located at the centre of the Indian Ocean, the Chagos Archipelago is a group of 55 tiny islands that, since 1965, has been administered by the United Kingdom as a British Indian Ocean Territory. Its biggest island, Diego Garcia, is host to a highly important US military air base. Sovereignty over the archipelago has recently emerged as an issue of contestation between Mauritius and the UK, and the presence of American military troops has only ser
India needs to create a balance between the pursuit of its narrow national interest and its responsibility as a rising power
Mohamed Muizzu was sworn in as the seventh president of the Maldives in November 2023 after intense electoral competition with seven other candidates and a highly competitive second round. However, his administration’s five-year term will not be without challenges. Muizzu’s rise to power comes at a time when the archipelago is experiencing significant domestic and strategic challenges. As the Maldives gears up for parliamentary elections in l
Despite a seemingly endless supply of and demand for private credit, the rapid expansion of the market has been a cause of concern for some regulators and executives. Should investors be worried? This brief explores certain aspects of private credit that warrant a close look—including the retailisation of the market and the current interest rate environment. It highlights the implications for financial stability, including the potential for fin
This issue brief looks at the trends of regionalism and multilateralism, their importance and evolution in an age of problems without borders that require regional or global solutions.
This study discusses three major mega free trade agreements (the TPP, TTIP and the RCEP) and attempts to develop a strategy for India to navigate the repercussions engendered by these groupings and thereby safeguard India?s trade and sustain its economic growth.
The Chinese spy balloons are a deceptively simple aerial surveillance tool that even the US admitted to failing to detect before the recent missile hit. India needs to up its game in this department
There is an urgent need for standard operating procedures and open communication, especially when it comes to technology and space.
The Indian government’s “Smart Cities Mission” aims to drive economic growth and improve quality of life through “smart” solutions for the delivery of infrastructure and services. This is expected to transform living spaces, enhance quality of life, and provide employment opportunities, in turn helping reduce crime rates and promoting law and order. Among the challenges to the “Smart Cities” programme is terrorism—especially in ur
In different parts of the world, the federal system of government is facing some of its biggest trials yet, from the COVID-19 pandemic. Federalism—which believes in shared sovereignty and territoriality between multiple constituent units of governance—was anticipated to fail against a massive pandemic that needed swift, and presumably centralised, response. This paper examines federal India’s own experience in the past 18 months. The aim is
Eleven million people in Afghanistan are experiencing food insecurity, and 97 percent of the country’s population are on the brink of universal poverty by mid-2022. Every year, about 250,000 people suffer the devastating impacts of environmental disasters such as floods, droughts, avalanches, landslides, and earthquakes. The circumstances are climacteric, as agriculture is the biggest livelihood provider in the country and influential in its ec
Young people across the world today are facing multiple challenges: lost school years due to the pandemic-induced lockdowns, the looming climate crisis, increasingly dangerous virtual spaces, and food and energy security concerns triggered by the Ukraine-Russia conflict. This paper analyses the challenges facing the youths of the Commonwealth, where 60 percent of the combined population are under 30 years old, and explores the investments require
India is increasingly vulnerable to cyber attacks that range from intrusions that affect the integrity of data to large-scale attacks aimed at bringing down critical infrastructure. This vulnerability is largely a function of India's digital economy, which is a "net information exporter" that relies heavily on devices manufactured outside the country. Another complicating factor is the density of India's cyberspace, which does not permit a unifor
The new Digital Personal Data Protection Act (DPDPA) is market-friendly but is lacking in attention to privacy requirements for sensitive personal data. This report highlights three types of sensitive personal data—i.e., biometric, financial, and health—and emphasises the need for transparent consent mechanisms that will safeguard an individual’s data. It underscores the role of data fiduciaries, urging the formulation of clear operational
The Digital Silk Road (DSR), part of the Belt and Road Initiative, symbolises China’s approach to expanding information exchanges and digital cooperation with emerging markets and developing economies. Under the DSR, several private corporations and state-owned enterprises supported by Chinese state banks are offering inexpensive technological contracts and rapidly building digital infrastructure projects. This brief examines the operationalisa
Indian designers seem to be gaining in importance both in India and abroad because they are using a lot of embellished textiles in which intricate embroidery, zari, beads and semi precious stones are sown into the fabric. Unlike the western designers who use the cut of the dress or suit as the unique selling point,
Any appearance of weakness in Xi on the world stage could imperil his grip on power within China
India has indeed sounded the trumpet of defence diplomacy as part of its engagement with the ASEAN over the last two decades. If Delhi does not help promote a stable balance of power in Southeast Asia now, India's own security challenges in the future could get a lot more daunting.
Both — Aatmanirbhar Bharat and Make in India — are great ideas, and are misinterpreted in due to vested interests, or due to lack of communication and lack of understanding among the public.
The Eastern Corridor is a crucial highway for global trade flows, where any disruption could severely affect the global economy. The route comprises some of the world’s most vulnerable Sea Lanes of Communication (SCLOs), with potential flashpoints such as the South China Sea. For years, these SLOCs have been characterised by tensions in South Asia and Southeast Asia; the more recent years are seeing a heightening of both intent and capacity for
Understanding the importance of peace has been accorded high priority in many religions, such as Hinduism, Jainism, Buddhism and Sikhism. In recent years, many economists have realized the monetary value of peace. Peace is a pre-requisite for the development of infrastructural facilities like education, health, roads, irrigation, power and communications.
Human civilisation is at a new moment of transition across social norms, economics, governance, and the environment, and is facing the dawn of a new era of inter-planetary human migration (to Mars). In the future, historians will look to the first half of the 21st century to tell the story of how these changes started and unfolded through five domains of conflict. These domains touch on the unravelling of governance structures in need of
As the EMEs grow and mature, they can no longer rely on export-driven, credit-fuelled growth and must look inward to initiate deep seated structural reforms and modify their path to economic prosperity. There is a need for effective governance and strong leadership to restore the lost pride of emerging markets.
India’s rising urbanisation in recent years has triggered unbridled construction activities to meet the needs of the growing populations in these cities. Not all of these constructions abide by existing laws, however, leading to adverse consequences on governance systems, the environment, people’s health, transportation services, and overall citizen well-being. In extreme cases, illegal constructions have resulted in loss of lives and propert
The rapid development of genetic engineering technologies has created multiple opportunities for treating genetic diseases and improving human health. However, genetic engineering technology poses ethical, societal, and security challenges. This brief explores these risks, focusing on those related to genetically modified organisms (GMOs) and the revival of ideologies that consider some races to be “more suitable” than others. The brief also
The crisis in Ukraine has resulted in an unprecedented level of unity in the often-fractured European Union (EU). The member states have provided Ukraine with economic and military aid, imposed far-reaching sanctions on Russia, strengthened their own defences, and accepted millions of Ukrainian refugees. At the same time, nuanced divergences have also emerged, particularly on how the countries view relations with Russia and calculate thei
After a brief discussion on the uneasy relationship between Regional Trade Agreements and the WTO, the implications of the “deep” integration that the EU is seeking with India are discussed, and the respective positions, interests and concerns of the partners in the long drawn out negotiations are examined. The challenges for India in plunging into such “deep” territory, unprecedented in its history of bilateral or multilateral negotiatio
Fifteen years ago, the USA had promised to sell F-16s to Pakistan. Lockheed Martin Aeronautics, the company manufacturing the aircraft, took the necessary advance for it. Then there were sudden changes in the global and regional strategic environment. The Jehadi war in Afghanistan got over and Pakistan started diverting Jehadism into Jammu and Kashmir. The Cold war also was over.
China and Zimbabwe got closer ever since Mugabe started pursuing his ‘Look East’ policy after the imposition of sanctions by western countries because of human right concerns.
Economic Dependence Will Make New Delhi Forever Vulnerable to Beijing
Globally, healthcare has made great strides in making vaccines, diagnostics and therapeutics available to more people. Yet, infectious diseases continue to pose a significant threat in many parts of the world, and the SARS, Ebola, and Zika crises are only a few of the recent outbreaks that draw attention to the weaknesses of public health systems. In India, the recent epidemics of Nipah virus and acute encephalitis syndrome call attention to the
India, which clung to non-alignment as its international identity since Independence, had little inclination for defence diplomacy. But now New Delhi is slowly moving away from a fastidious avoidance of military partnerships in the past to making security cooperation an important part of India's foreign relations now.
The adoption of digital payments has risen exponentially over the past decade in many countries including India and those in the African continent. In India, the growth has run parallel to rapid mobile penetration, aided by initiatives like Aadhaar, the Unified Payments Interface (UPI), and IndiaStack, as well as the unintended push factor created by demonetisation in November 2016. This brief discusses the landscape of fintech—‘finan
The return of a Socialist in France since Mitterand's victory in 1981 confirms a trend in Europe which, instead of lifting the mist, is adding to the fog. The other day in the UK, Labour had trounced the Conservatives in local bodies election across the country.
Atal Bihari Vajpayee emerges as a figure in the classical tradition of the 19th century European strategists like Metternich and Castlereagh—a realist committed to restraint and balance
The Macron visit underlined the growing strategic convergence that draws India and France together
Thinking about the future of global food systems has now become more critical than ever. Climate change impacts—among them, shifts in soil quality, precipitation, pest regimes, seasonal growth patterns, along with land degradation and reduction in biodiversity—have impacted agricultural and aquatic food production systems across the world. Indeed, the causal links between climate change and food security are manifesting more clearly, particul
The G20 Digital Agenda: Cross-Presidency Priorities white paper, co-authored by the World Economic Forum and the Observer Research Foundation (ORF), underscores the importance of a cohesive digital strategy within the G20.