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India may exceed the growth forecasts of the IMF and the World Bank but the task ahead is not easy, especially with 10 million jobs to be created, so much cleaning up to be done and so many disasters to be tackled.

Indian investments in Africa, from both public and private sector entities, have increased considerably in the last decade. Yet despite the growing importance of Indian investments in Africa, only a few empirical studies have been carried out on the subject. This paper undertakes a disaggregated analysis of Indian foreign direct investment outflows to Africa from 2008 to 2016, and presents three main findings. First, it confirms earlier analyses

Anulekha Nandi, Basu Chandola, Anirban Sarma, Eds., India’s AI Imperative Building National Competencies in a New World Order, January 2025, Observer Research Foundation.

The world is witnessing a paradigm shift: India is becoming a more active player not only in contributing goods, services and training, but also in shaping the global development agenda itself. This Brief is a map of India's growing economic footprint in the developing world.

The virus is only going to make a growth slowdown caused by declining investment even worse.

Energy transitions in developing economies like India are complex processes involving substantial financial and technological resources as well as appropriate innovation. These transitions are central to the climate debate, where emphasis is placed on increasing the share of renewables in the energy mix to mitigate the adverse impacts of climate change. This paper examines the historical attributes of energy transition and finds various critical

is paper formulates an analytical framework to assess the impacts of India's Free Trade Agreements (FTAs) on commodity value chains. Existing academic literature have relied on examining Balance of Payments (BoP) to assess the impact of FTAs. is paper views such methodology as reductionist, and instead oers alternative lenses of the impacts on the commodity value chain. is paper brings into fold the concerns for the wellbeing of various stakehold

Aspiring to become a US$30-trillion economy by 2047, surrounded by hostile nations, and leading the idea of multipolarity in a bipolar world, India needs to articulate a grand strategy that has been missing in its statecraft. With the necessary conditions for such an endeavour in place, it is time for Bharat, under Narendra Modi’s third term as prime minister, to thread the three core aspects of executing such a grand strategy: articulating the

Lines of Credit (LOCs) are a widely used instrument in development cooperation, including for India. The projects funded by India’s LOCs attempt to achieve a trinity of objectives: economic benefits; effective project management and completion; and nurturing and enhancing diplomatic relationship and strategic interests with the partner countries. This brief explains how India’s LOCs function, and contextualises the performance of the

This report is part of the Observer Research Foundation’s “Financing Green Transitions” series which aims to find potential linkages between private capital, in all its forms, and climate action projects. The series will primarily examine domestic and international barriers to private capital entry for mitigation oriented climate projects, while also examining potential avenues for private capital flow entry towards adaptation and resilienc

India’s micro, small, and medium enterprises (MSME) sector is a key driver of the country’s economic and social development by fostering entrepreneurship and generating substantial employment opportunities at comparatively lower capital costs. However, inadequate access to finance is one of the most crucial barriers to the sector’s growth. Recent developments in digital public infrastructure in India could present new solutions to boost MSM

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

The pace of growth in the Australia-India strategic relationship is quite impressive, but New Delhi’s hesitance on hard security issues may hamper further developments.

New Delhi is increasingly positioning itself as a significant player in African peace, security and development. Examining the question of how India responds to state fragility in Africa, this brief finds that India’s engagement is mostly transactional: working around, rather than on, sources of political fragility. Development and security interventions tend to operate in silos, but might change if Indian commercial investments are threatened

Triangular cooperation aims to forge global partnerships and foster sustainable global development. In such a system, traditional donors provide financial and technical support to facilitate development activities between two developing countries in the South, i.e. one emerging donor country and a beneficiary. Triangular cooperation allows nations to learn from the mistakes of the pioneers of the development cooperation process, bringing about co

On the job creation front, there is need for higher manufacturing growth and the creation of 'decent' jobs and not just menial jobs of security guards and peons as around 10 million people will be enter the job market each year over the next decade.

Technology is vital to enabling accelerated socio-economic growth, effective governance, and relief delivery at scale. Many economies are adopting and developing technology-first frameworks to strengthen their population’s social welfare net, and support economic growth. The COVID-19 pandemic has exposed both the challenges and opportunities in India that can be addressed and driven by multidimensional technology frameworks. With the rebalancin

The UPA government's economic policy is insensitive to the woes of the common man whose share of heady GDP growth is only high prices and misery. The fires of rage now sweeping India was only to be expected.

The Delhi-Mumbai Industrial Corridor (DMIC) is one of several infrastructure megaprojects underway in India, intended to boost industrial modernisation and generate manufacturing employment for India’s young, largely unskilled workforce. Field research in DMIC investment sites in Gujarat and Uttar Pradesh shows that its implementation is highly uneven across States and regions. The research, along with the literature, suggests that regional ind

The conundrum is that higher growth needs higher public spends of around 6-8 per cent of GDP on infrastructure, health and education.

It has become increasingly fashionable in academic literature, seminars, conferences and private interactions to talk of emerging markets and to use the pression "emerging growth regions" to signal some kind of change in the structure of the world economy.

India’s long-term growth strategy must be pegged to its labour force, whatever the economic model of choice may be. A major part of how the Indian growth story plays out will hinge on the country’s success in delivering the right to life, health and livelihood for all Indians, including India’s girls and women.

Mainstream debates on European investment in India do not consider the full and diverse impact of investment on economic and social life, and therefore narrow the terrain for crafting richer, alternative investment policies and strategies. This paper examines three misguided—and recurring—ideas that arise in investment debates: (1) consumption growth as an inevitable effect of investment liberalisation; (2) efficiency in fresh food retail as

This report discusses India's economic resilience, investment opportunities, and growth amidst global turmoil, highlighting foreign investment, sectoral reforms, and geopolitical factors influencing India's status as a top emerging market.

Besides a life insurance policy, a piece of land or a house is the first large investment that every Indian makes--sometimes, nowadays, as early as at 25 years of age. Against the backdrop of this changing psyche of the Indian consumer, this Issue Brief analyses the Indian demographics and how, correspondingly, the housing finance sector has evolved.

Prime Minister Gentiloni underlined the need for economic inclusion for all-round growth, stability and peace.

What would be the impact, if any, of the recent crisis in Kyrgyzstan in Central Asia - that resulted in the overthrow of the government of Askar Akayev - on the growth of religious extremism in Central Asia in general and in Kyrgyzstan in particular?

The land amendment bill, brought in by the Modi government, represents a crucial plank of his government's economic agenda to turbocharge Indian growth. The government would find it difficult to execute its Make-in-India policy without improving the legislative framework for land acquisition.

India’s increasing economic and political clout has prompted a spurt in the volume and complexity of its overseas development assistance. Looking ahead, the largest incremental capital for global development and infrastructure beyond what exists today will also come from India as the value of its economy grows from $2 trillion to roughly $7 trillion by 2030. However, the DPA – India’s development cooperation agency – is yet to assume an a

Amongst India’s stated priorities in its G20 Presidency are reforming multilateral institutions, climate action alongside energy transition, digital transformation and governance, sustainable economic growth, and women’s empowerment. In many of these concerns, countries in the Global North and Global South have serious divergences, thereby hampering progress towards consensus and unified action. To remove some of the deadlocks

Climate change and economic development are emotive subjects that are closely related: yet one is caused by the other. People’s lives are increasingly getting affected by the negative side-effects of climate change, particularly in developing countries which, at the same time, face enormous challenges to their aspirations for economic growth. Leading scientists agree that global warming is a reality and greenhouse gas (GHG) emissions are requir

This brief examines the literacy landscape in India between 1987 and 2017, focusing on the gender gap in four age cohorts: children, youth, working-age adults, and the elderly. It finds that the gender gap in literacy has shrunk substantially for children and youth, but the gap for older adults and the elderly has seen little improvement. A state-level analysis of the gap reveals the same trend for most Indian states. The brief offers recommendat

Growing economic protectionism and recurrent geo-economic and geo-political tensions in recent years are testing the resilience of the global economic order. Erstwhile proponents of globalisation such as the United States and the European Union are themselves recoiling from the global value chains that are over-reliant on China. As the localisation of goods and services has become more critical, it calls to question the viability of a globalised

If India is to sustain a high growth rate, there will have to be more foreign investment in infrastructure and manufacturing. So, it is going to be a challenge for the government to make investments in areas that are important for us more attractive to foreigners.

Ecosystem-based adaptation (EbA), recognised for its cost-effective and co-beneficial advantages, is seeing a global uptake. However, the number and scale of EbA projects remain limited compared to the opportunities offered by India’s diverse ecosystems and indigenous practices. While lack of funding is a direct cause, the small scale of existing EbA projects also fails to attract funding. Breaking this cycle requires addressing other mechanism

Urban infrastructure projects using brownfield or greenfield development can cause damage to natural habitats. To achieve the Agenda 2030 goal of “leaving no one behind” while mitigating the destruction of habitats, an integrated approach towards infrastructure development must be adopted. This paper outlines the current paradigms of sustainable infrastructure provision, highlighting how and why sustainability outcomes are overlooked at diffe

Sustainability requires, among others, adjusting and reorienting to a dynamic situation. In the context of urban areas, “dynamism” is seen in the population and economic growth characteristics. The constantly changing nature of urban centres calls for new and improved strategies to ensure sustainable and equitable development. Owing to population growth and, consequently, greater pressure on resources, there has been increased focus on smart

In response to increasing criticism of the existing international investment regime, various countries, including India, have been revising their model investment treaties. is paper analyses India's recently approved Model Bilateral Investment Treaty (BIT). It makes an assessment of the text's practical implications from the perspective of ongoing negotiations of investment agreements with several countries, as well as India's transition towards

The presence of almost nine million Indian nationals in the Gulf region makes India a key source of human capital for the six GCC nations. The majority of these Indians are blue-collar workers engaged in low-paying jobs. As countries like the United Arab Emirates (UAE) move up the technology ladder, they are increasingly seeking workers with specific, certified skills. This report outlines a pilot project for the mapping, harmonisation and accred

Maritime Asia is at a crossroad. Growing military activity, and rising non-traditional challenges in the littorals threaten the health of the oceans and the people who depend on them. Asia’s leading maritime powers must engage in a development alliance that can help deliver security and sustainable growth. This brief evaluates the prospects for a partnership between India, South Korea, and ASEAN in the areas of ocean governance, maritime connec

Living conditions in fast-growing rural areas across India are deteriorating due not only to the impact of urbanisation but the lack of capacity of the local governments to manage such transitions. This brief makes the case for changing the administration status of such areas from “rural” to “urban”, establishing urban governance mechanisms therein, and making them resilient. For identification of such areas, the state government’s opin

India ranks 10th out of 46 top medical tourism destinations in the world, owing to its affordable healthcare facilities and capabilities in specialised treatment. This paper is focused on medical tourism as a pillar of India-Bangladesh partnership. Notable numbers of Bangladeshis seeking medical care visit India annually; of the typical destinations of these “medical tourists”, Kolkata, the capital of West Bengal, is among the most preferred.

By transferring Rs 1.76 lakh crore from the RBI’s surplus funds, the government is determined to meet its fiscal deficit target of 3.3 per cent of the GDP because doing that seems to be its top priority, rather than spending more on infrastructure, welfare programmes and centrally sponsored development schemes.