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The government is perhaps keen on projecting a welfare-oriented profile in which the poor are looked after. Prices, jobs, higher industrial growth and prospects of rapid economic recovery will remain the most important planks on which the next elections will be fought. The RBI's latest move of not raising the repo rate may also help in economic recovery.

Conflicts between central banks and governments are embedded in the evolving discourse of every democracy. The recent discord between the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) is neither the first nor likely to be the last. Institutionally, once a disagreement between the RBI and the MoF crosses the Rubicon, the government has the power to overrule the central bank’s decisions. Moreover, such a structure is not restricte

India should actively pursue implementation of the Regional Comprehensive Economic Partnership to consolidate its Act East Policy, which would serve to buttress its strategic eminence in its backyard.

PM Modi's decision not to join RCEP is an admission that even the prospect of joining a massive regional trade agreement isn't incentive enough for New Delhi to launch deep economic reforms.

India has to weigh carefully the gains to be had from signing the treaty, which may mean making itself vulnerable to having its markets inundated with Chinese goods.

In the light of the fact that India is not a member of the Trans-Pacific Partnership, it is important for the country to forge a deal in RCEP. In the current scenario, there have been increasing attempts by Indo-Pacific region members to voice growing concerns regarding Non Tariff barriers hindering trade prospects in the regional bloc.

The COVID-19 pandemic has made clear that global health crises are geopolitical events with far-reaching and long-lasting effects across the globe. It creates prodigious disruptions across economic, security, and social sectors, with spillover effects through trade, financial linkages, and tourism, to name the least. This essay argues that as the American-led order in Asia arguably falters, instead of China rushing to fill the post COVID-19 vacuu

India's progress in reducing the prevalent stunting rate in under-five children has been slow, and it must work hard to double the current annual rate of decline if it hopes to meet its sustainable development goals. Among others, this target requires ninety-percent coverage of women and children in the first one thousand days of life with evidence-based Essential Nutrition Interventions (ENIs) and maternal-child health services. Such coverage of

This paper follows the proceedings of a workshop organised by ORF in August 2014 to re-examine India's nuclear doctrine. The workshop explored the challenges posed to India by Pakistan's introduction of battlefield nuclear weapons or Tactical Nuclear Weapons (TNWs), New Delhi's interest in acquiring a Ballistic Missile Defence (BMD) system, and the growing threat perception from China.

The international community has been engaged in negotiations around climate finance for three decades now, and working definitions continue to assign the role of funder to advanced economies, and that of recipient, to emerging ones. This brief makes a case for expanding such narrow definitions. It calls on countries such as India to re-imagine not only the idea of climate finance but also the mechanisms of raising funds and the channels f

BIMSTEC needs to be brought down to the people from the high governmental meetings. Activate people-centric initiatives to ensure engagement and involvement of the society in projects developed under BIMSTEC. This can start by simply involving people in the borderlands and coastal areas.

Inflation targeting has become a bone of contention in India. While some economists say a certain level of inflation is a necessary evil, others argue RBI's target is very low and would require monetary tightening. What is required is a balance between fiscal and monetary policy.

For India to be taken seriously by its neighbours, and other friends and adversaries alike, it has to be clear in its mind as to what it is and where it is headed, and where it wants to go - and can actually travel to.

As the US President is scheduled to visit India next month, there is a lesson for both sides in the 1972 Nixon-Mao summit in Beijing. While the Americans and the Chinese exchanged views on everything, the focus was firmly on the big strategic picture.

The electric two-wheeler segment represents a unique opportunity for India to become a global leader in the green technology space. The growth of this segment in the country is being driven by strong policy support, combined with homegrown engineering and innovation. However, the industry has yet to fully harness the global electric vehicle (EV) opportunity, and policy uncertainties are impeding innovation and investment. This brief makes a case

India and the US remain on the same page in tackling the Afghanistan problem.

One hopes that fiscal 2019 is devoid of breaking news, dull as ditchwater but fulsome in terms of outcomes.

This year marks a decade since the announcement of the China-Pakistan Economic Corridor (CPEC). This brief analyses Chinese-language literature to understand the country’s current stance on Pakistan and the CPEC. Two trends emerge. First, China appears to be facing a dilemma over Pakistan. While the Chinese government wants the CPEC to be successful, China’s strategic community now shows little optimism on the initiative. Second, contrary to

The current conventional wisdom now being voiced among American analysts is that the 2004 election is evidence of a conservative revolution in American politics. According to this view, the U.S. is now in the midst of a long-term shift to the right and the creation of an enduring Republican majority, akin to the Democratic majority coalition forged during the 1930s and the New Deal by Franklin Roosevelt.

The July 15 talks in Islamabad between the foreign ministers of India and Pakistan ended badly for many reasons. India has been putting itself at a disadvantage diplomatically by showing too much eagerness to restart the dialogue with Pakistan.

Prime Minister Narendra Modi's visit to America indicates that the India-US strategic relationship has the potential to become the defining partnership of this century

This brief examines the reciprocal relationship between science fiction and real-world technological, geopolitical, and policy developments throughout the 20th century and into the 21st. Beginning in the 1940s, the analysis explores how the genre has evolved amid historical events such as the World Wars and the Cold War, and the rise of digital technology. The brief gives particular attention to the role of science fiction during periods of criti

Indian companies, however, have different compliance protocols, answerable as they are to the Indian state.

The democratic transition in Pakistan has coincided with the last year of the UPA government's second term in India. As the government battles one controversy after another, the looming elections in 2014 may act as a distraction wherein improving relations with Pakistan may not be a priority for the government at present.

The Modi government can do a lot to improve the investment climate at home so that both FDI and FIIs are attracted to India in a big way. If domestic manufacturing growth gets slow, foreign investors will get wary.

Attempts to arrive at a non-Western understanding of International Relations have often been made to counter the “hegemonising” influence of realism in the Indian milieu. This brief examines realist scholarship in India in recent years to understand what variants of realism have been given prominence. It also notes the absence of scholarship of the neoclassical realist variant and how this gap leads critics to arrive at an incomplete understa

Theoretically the rupee cannot be traded because there is no capital account conversion for it. However many countries such as Singapore and the US sell the Indian rupee. This speculation pushes up share markets and plays around with exchange rates, according to a former Revenue Secretary.

Participants at a conference on "Reassessing India's Juvenile Justice System" emphasised on the need to fully implement the Juvenile Justice Act, 2000 and the need for the State to provide enough manpower and infrastructure to take care of the aftercare programmes.

The US pivot or rebalancing is an attempt of reassurance to its friends and allies in the context of the emerging dynamics in the Asia Pacific region. While China is a major factor in the US pivot strategy, it is only a part of the story.

For the new government, the task ahead is difficult, but not impossible. It will require new ideas and out-of-the-box strategies. Here, ORF presents a holistic and relevant agenda for the government, offering a diagnosis of the current problems and providing actionable recommendations.

Considering India's economic standing, a $2.9 billion loan for the Padma Multipurpose Bridge of Bangladesh would not have been a difficult proposition. If India finds this option too difficult, there are many other alternatives for India to help Bangladesh.

The ongoing conflict on the Sino-Indian border has highlighted the need for structural reforms in the Indian Army. This paper examines the impact of the Joint Doctrine of Indian Armed Forces, 2017 (JDIAF) and the Indian Army’s Land Warfare Doctrine, 2018 (LWD) on the development of the Indian Army’s tactical concepts, organisational structures, and the weapons and equipment profile. It discusses the importance of formulating a formal National

Carter's commitment to deepening defence cooperation with India and Parrikar's determination to recast India's defence structures set the stage for a rebooting of the India-US strategic partnership.