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India and Nepal are fellow riparian nations in South Asia and thus could potentially use their shared water resources as avenues for collaborative effort. Using water to generate hydropower for maximum benefit comes from a place of mutual interest, allowing for optimum leverage for the socio-economic development of both countries. This brief outlines a history of the India-Nepal hydroelectric power scenario, and offers recommendations for growth.

India’s online gaming sector is rapidly growing, surpassing other emerging digital sectors in the country. It contributes to GST revenue, creates jobs, and attracts FDI. The sector also promotes ancillary sectors, contributing indirectly to the economy. However, concerns persist around harms such as addiction, financial crimes like money laundering, and implications to national security. Regulatory uncertainty continues to hinder the sector’s

This brief examines India’s defence budget for 2023-24. It outlines the economic context for India’s latest defence allocations, and examines the drivers of growth, the broad distribution of resources among the defence forces, and the impact of such distribution on modernisation and the domestic defence industry. The brief posits that the new defence budget, coming on the back of a hefty mid-year upward revision of the previous alloca

Household savings have merely moved from financial to physical assets, with an increase over time

Rather than having an ambition of $5 trillion economy that seems almost unattainable by 2024, it is now important that the next three years focus on the creation of better provisions of public goods and services like health.

As the COVID-19 infection rate continues to increase in the United States (US), this brief examines the country’s social protection system and compares it to those of other rich OECD countries. It argues that implementing basic social protection measures in a time of crisis such as this, may be costly both in resources and time. While addressing immediate needs imposed by the public health emergency is priority, in the long term, institutionali

Prime Minister Narendra Modi has been energetically pushing the Indian view. If he is able to transform the Indian economy and put it on a fast growth track in the coming years, he will sharply enhance India's weight in the international system.

Trade relations between Europe and India require new eclectic and dynamic ways of thinking. This brief examines hurdles in mainstream policy thinking that block the way for imagining and doing trade differently.

Women participation in work force in a more “equal world” is a pillar of development that can help reconcile the “irreconcilable trinity.”

Child-friendly cities’ is an emerging concept in the urban management sector in many countries across the globe, including India, where it complements government schemes that aim to develop India’s urban spaces as centres of human capital development, knowledge hubs, and drivers of growth and prosperity. These flagship missions include, for example, the Smart Cities Mission and the Atal Mission for Rejuvenation and Urban Transformation (AMR

Conventional investments cater to investors who intend to gain financial returns. Other investors whose aim is to generate a positive social or environmental impact at a decent rate of return, turn to “impact investments” for their purpose. Mobilised to finance social enterprises, impact investments assume three primary forms: embedded, integrated, and external. This paper discusses the ideas of impact investment and social enterprises, and o

Withdrawal of the GSP will hamper India’s export growth to the US.

ndia is attempting to introduce a streamlined tax system to handle indirect taxation within the country. While the new system has been acknowledged as beneficial in a number of ways, there remain concerns regarding its implementation. If handled poorly, this tax reform could have long-term effects on the Indian economy.

India’s agrarian crisis has deepened in the past several years, contributing to the slowdown of the economy. Amongst the most crucial factors affecting the country’s agricultural sector is financial inclusion. Over the years, India has attempted various measures to narrow the gap in financial inclusion for its farmers, yet the goal continues to elude the country. This paper presents a discussion of these measures, outlining the current state

The politics of Centre-State relations has been a powerful force in shaping India's foreign policy. India's rapid economic growth has furthermore given a new found influence to regional parties, leading to their disproportionate influence over the formulation of foreign policy.

The year 2022 saw the global economic outlook deteriorate amidst high inflation, fiscal tightening, and supply chain uncertainties arising from both the Russia-Ukraine war and the prolonged COVID-19 pandemic. Global Gross Domestic Product (GDP), after expanding by some 5 percent in 2021, contracted in the first half of 2022. This brief makes a case for gender lens investing (GLI) as a means to boost women’s participation in economic act

Since the toppling of the Taliban government in 2001, India and Afghanistan have witnessed a significant strengthening of their bilateral ties. As Afghanistan's stability is important for India's own, New Delhi has readily supported the growth of democracy in its neighbour, battered as it is by many years of conflict and instability. This paper maps out the nature of India's relationship with Afghanistan, focusing on the two nations' economic, po

Ties between India and Australia are wide-ranging: from geostrategic cooperation and trade, to soft power mechanisms such as cricket and tourism. This paper makes a case for improving bilateral relations between New Delhi and Canberra. While there are substantial opportunities for trade and investment flows between the two countries, the engagements have been largely underdeveloped over the years. The immense scope of complementarities between th

Africa has emerged as a favoured investment destination on account of the high rate of growth experienced by many African countries and discovery of oil.

This paper considers and explains the shifts and consistencies in India’s engagement with structures of global trade governance beginning from the Uruguay round of trade negotiations in late 1980s. It makes three major arguments. First, that although India has participated actively in global trade negotiations since the establishment of the General Agreement on Trade and Tariffs (GATT) it was only under the present-day trade governance institut

This Issue Brief focuses on the reasons for the need to have sub-regional integration and cooperation between the four South Asian countries of BBIN--Bangladesh, Bhutan, India and Nepal. It also looks at previous attempts made at sub-regional cooperation by countries in the region and the areas of potential cooperation.

riangular cooperation is a growing trend in India’s global engagement. The term refers to development cooperation in which traditional aid donors work together with Southern partners to address challenges in developing countries. Largely absent from this type of cooperation in the past, India has gradually become a more visible partner. The current government’s endorsement of triangular cooperation in joint statements with key partners, as we

For a decisive role in the region's future, India must accelerate its economic growth, build a stronger security partnership with Washington, contain the boundary dispute with China, and strengthen ties with key Asian middle powers.

India should try to make its development cooperation more effective and make sure that instruments lines of credit deepen India’s economic engagements with partner countries like Vietnam.

India, which has experienced a 4.6 per cent growth rate in 2013-14, requires higher public spending on infrastructure. More public services and goods are needed to bring relief to the lower income groups, especially health services, otherwise they are likely to slip into poverty.

Indian growth over the last three decades has been largely consumption driven, but consumption has been hit by lockdown.

With the labour force participation rate expected to rise significantly in the coming years in India, it is imperative that the government formulates a common policy on business development and regulation. India's high economic growth story cannot be taken for granted.

The foreign policy of the Modi government is the continuation of the foreign policies introduced by the Manmohan Singh government, whose hallmark was the concrete decision to link India's economic transformation and growth of India with its foreign policy approach and objectives, says Dr. Shashi Tharoor.

With trade wars and financial realignments looming, India's success in this evolving landscape will depend on its ability to balance collaboration with autonomy

In June 2015 the Modi government launched the Smart Cities Mission, a major urban development initiative designed to improve living conditions and achieve higher economic growth in 100 cities across the country. The Mission offers the State and city governments yet another opportunity to think creatively and work towards the betterment of their cities. Will India succeed in this venture, and would the future 'smart cities' be equitable and sustai

The Indian market has so far remained protected from the downside, with a rise of 20.1% over the past year, after Germany’s 32.4%, and the US’s 21.4%. Barring a slight overvaluation that may correct as the next quarter numbers deliver profits, there is little real risk to the India story.

India and China will need each other's markets and labour in the future. With rising wages, India can become an important outsourcing partner for China and more Indian finished goods can be sent to China. It could mean faster poverty reduction in India if growth with equity is the chosen path.

India and Pakistan need to begin a dialogue on economic and military relations. It will be a challenge for both countries to balance the provision of security for its populations with the need to create the enabling environment for economic and social development and growth.

India-Africa science and technology cooperation offers a unique opportunity for agricultural growth in Africa. The case for greater agricultural cooperation between India and Africa is stronger because of the similar agro-climatic conditions in India and Africa. African agriculture suffers from low productivity and limited use of technology.

India and Africa’s complementary sectoral priorities and similar roles in the evolving global food markets present numerous opportunities for collaboration in the agricultural sector. This paper analyses the potential for India-Africa cooperation towards food security and capacity building. It makes an assessment of Indian partnership with African countries in the areas of agriculture and food security, outlines current initiatives in both regi

India and Southeast Asia share a long cultural history, which over the years has helped shape economic and commercial relations between them. This partnership garnered an impetus following the launch of India’s ‘Look East Policy’ in the early 1990s, rechristened ‘Act East’ in 2015. This brief analyses the trade and investment relations between India and the member states of ASEAN. It highlights the various challenges in the relationship

The hurried sense of negotiations taking place between the EU and India is becoming a cause of worry. The Indian government should tread cautiously so as to safeguard the domestic concerns and public interests at large. If structured well, the FTA can push up India's growth for the next decade.

Military engagements between India and Japan have been on a steady growth path that mirrors the shared political and strategic goals of Delhi and Tokyo.

Economic ties were the cornerstone of Indo-Soviet relations. Even the 1971 Indo-Soviet Treaty of Friendship and Cooperation, which was essentially of a political-security nature, stressed upon “economic, scientific and technological cooperation”.[1] Although the India-Russia ties in general survived the upheavals of the early 1990s, economic relations began to cool in the post-Soviet period. Despite many ambitious targets set during various

The India-Russia military technical relationship has withstood the test of time. Despite strains since the collapse of the Soviet Union, the relationship has remained highly critical both in terms of the level of trust between the two states and the imperatives of sustaining a military-technical relationship to counter the growth of Chinese power. A more synergistic military-technical is possible, and Moscow and New Delhi must explore ways to con

The next Indian government will have to reorder policies and priorities, without bureaucratic hindrance and with procedures that are streamlined and not subject to whimsical changes. The next decade is crucial for our young population; rights oriented populism will have to cede to growth and production oriented policies to attract investment.

In spite of some benefits, the TFA is embroiled in controversy. Trade facilitation, according to some scholars, will enhance the developed countries' access to Indian markets and may impact manufacturing growth. Studies have shown India is losing out in competitiveness in all product lines and there has been a 'hollowing out' of industries.