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Microfinance, which began in India 50 years ago, extends credit, insurance, loans, access to savings accounts, and money transfers to small business owners and entrepreneurs, especially those not served by the conventional banking system, or indeed the rest of the financial sector. This paper traces the history of microfinance in India and evaluates its impact. It finds that although the microfinance sector has emerged as a salient player in Indi

In an unpredictable global environment, India needs to shape a domestic consensus in matters of Indian foreign policy.

Most leading air forces around the world were quick to learn from the experiences of the US Air Force between the Vietnam War in the 1960s and the Gulf War three decades later. This resulted in the widespread adoption by these forces of Precision Guided Munitions (PGMs) beginning in the mid-1990s. Only a few of these air arms, however, have matched the overall effectiveness of US air power, which combines aircraft survivability with weapon range,

It will, however, be an important platform to underscore the commitment of major powers for global economic stability

India has the longest coastline in the Bay of Bengal, making it critical for the country to manage maritime security challenges in this space. However, given the transnational nature of most maritime threats, India must cooperate with other Bay littorals and the major powers to address these issues. The Bay of Bengal is a vital part of the Indo-Pacific geostrategic construct, and a secure Bay is fundamental to a stable Indo-Pacific. By addressing

The financial crisis across the globe and the ensuing responses by nations and non-state actors has dominated both public consciousness and political debate in the recent past. The discussion on suitable stimulus packages, the causes for the financial disorder and future restructuring of the financial systems has often been dominated by the rhetoric of specific constituencies serving individual interests even as it loses sight of the substantive

Plans for the ambitious One Belt, One Road initiative should emphasize multilateral cooperation — or risk opposition.

Recent developments clearly illustrate that India needs to urgently address some of its internal dynamics to ensure that its neighbourhood policy can achieve the desired results.

What President Trump means for India has already been dissected to the point where adding anything new becomes impossible.

The primary task of India's foreign policy is to ensure an external environment that is conducive to the country's transformation and development.What are the issues and what kind of foreign policy would enable us to eradicate poverty, to grow at 8-10 percent and to transform India into a moderately well off State where our people can realize their potential? You can question the goal, but if you accept these as the goals, you end up with three c

Delivering the 30th Bhimsen Sachar Memorial Lecture for 2009 in New Delhi, the former Chief of the Army Staff highlights the flaws in India's strategic thinking and stresses the need for a more focused and clearly defined vision for the future.

Participants at a Consultative International Workshop on India-Bangladesh Connectivity: Possibilities and Challenges, organised in Kolkata, emphasised the need for a common transport policy for the entire region.

The World Bank shares a lot of the optimism that prevails in India today¿, said Michael Carter, World Bank Country Director for India, in his opening remarks at the Observer Research Foundation, New Delhi.

The visit by Iran’s president to New Delhi has come at a tricky time in the bilateral relationship.

The three-month-long budget session of the Indian Parliament, which began with the constitutionally mandatory address of President Pranab Mukherjee to a joint sitting of the two Houses on February 21, is both crucial and critical.

With the advent of globalisation and increased interconnectivity, it has become less difficult for offenders in India to escape to foreign jurisdictions and avoid prosecution in the country. The importance of extraditing fugitives and bringing them before Indian courts cannot be stressed enough. Apart from providing timely justice and grievance redressal, it also serves as a deterrent against potential fugitives. However, India’s success rate i

The November 2008 terrorist attacks on Mumbai the commercial capital of an economically resurgent India?left a deep and indelible impact on the Indian security psyche. The attacks exposed the lackadaisical attitude of the Government, at both the Central and state level, towards coastal security and the sheer illpreparedness of the country to combat such terror threats from the seas.

Prime Minister Narendra Modi's government has launched many reforms under the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives to strengthen India’s moribund defence industry. These reforms have led to some visible improvements, as evidenced by increased defence production and exports, and a large bank of in-principle government approvals for future domestic production. However, several challenges persist that require urgent attenti

As 2017 draws to a close, India can look at the year gone by with some satisfaction even as there might be some trepidation about the coming year.

While a recent test is no doubt historic, New Delhi has much work left to do to address the challenges that remain.

Population relocations driven by economic reasons or caused by land speculation have led to people settling in peri-urban areas (or areas in the periphery of the urban). The in-migration of population and emergence of new activities is transforming such areas, as seen in changes in land use and occupational patterns, reduced farm activities, and growth of built structures. Inadequate planning and governance of peri-urban areas by local government

While the Modi government secured some notable gains during its time in office thus far, challenges lie ahead this year and beyond.

Iran's standoff with neighbouring and Western nations does pose a problem for India which has to balance its relations with Iran against its interest in deepening relations with the US. Collaborating with US initiatives in Afghanistan that exclude Iran might persuade the latter to remove the preferential treatment given to India at Chabahar.

Though domestic politics have not always promoted closer US-India defence cooperation, changed geopolitical context, regional and global advances now pull India and America together, says the US co-chair of the DTTI, Frank Kendall. Even perceptions of security challenges of both the countries are increasingly converging.

This brief analyses the regulatory, security and ethical challenges facing states and the international community regarding emerging technologies in biotechnology, focusing on the CRISPR/Cas9 gene editing system and artificial gene synthesis. It highlights the inadequacy of current mechanisms such as export control regimes to regulate these emerging technologies because of a fundamental shift in the nature of challenges posed and an altered globa

The integration and rehabilitation of former Maoist combatants remains one of the most critical issues in Nepal's peace process. Although there have been a series of agreements since 2006 to formalise the integration of Maoist combatants, the political parties have failed to agree on the number, modality, age and qualification of the combatants.

The recent killings of minorities, migrant workers, and local police officers in the Kashmir Valley have led to an impression that the security situation in Jammu and Kashmir is once again becoming uncontrollable. On ground, however, the situation is said to be firmly under the control of the Indian State. This does not mean that terrorism has been eliminated; small terrorist groups continue to operate and attack soft targets, heightening the sen

The paper examines the role of political leaders, public and private agents (governments, private agencies, NGOs), and followers (public, citizens, community) in the war on COVID-19. It argues that the role of agents and followers is often underestimated; that while the leaders’ contributions are important and necessary, they are not sufficient. The success or failure of leaders will depend as much on these actors as on their own competence, co

This monograph makes an assessment of the prospects of India’s inclusion to the export control regimes. It begins by analysing the technical parameters for membership and whether or not India meets them. This includes an examination of India’s domestic export control system — both control list and legal framework. The next chapter delves into the political debates on India’s membership to the four export control regimes. This takes i