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Presenting the Interim Budget 2024-’25 on 1 February, the finance minister announced an allocation of INR 6,21,541 crore (approx. US$75 billion) for the Ministry of Defence (MoD). Representing 1.9 percent of Gross Domestic Product (GDP) and 13 percent of Central Government Expenditure (CGE), MoD’s new budget is an increase of 4.7 percent over the previous outlays. This brief examines the MoD’s latest budget and contextualises it in the curr
Angola is rich in natural wealth, with massive petroleum and diamond deposits across its territory. Most of its people, however, continue to live in poverty. Since its independence in 1975, Angola has had a tumultuous journey: from being a war zone, to becoming a poster child for Chinese engagement in the continent, and since 2015, declining to its current state where the challenges are so massive—negative growth rates, high external debt, risi
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
Developed by the Defence Research and Development Organisation (DRDO), the K-4 will be an intermediate range submarine launched ballistic missile (SLBM).
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
India and Australia are at the centre of a strategic flux in the Indo-Pacific.
At the second Africa-India Forum Summit held in Ethiopia's capital Addis Ababa on May 24-25, notable points for cooperation were established with hopes of further strengthening the longstanding relationship between India and African nations.
Observer Research Foundation, with support from the Ministry of External Affairs, hosted the Indian Ocean Dialogue 2014. The event witnessed participation of delegates from the far corners of the Indian Ocean and beyond, capturing the vastness and diversity of the region.
India has a role to play in global climate diplomacy, with its large population, fast-growing economy, and vulnerabilities to the consequences of climate change. Utilising a review of existing literature, this brief evaluates the country’s involvement in international climate forums in the past decade, its negotiation strategies and policy coherence, and their effectiveness. It finds that India’s strategy for climate diplomacy has aimed for a
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.
Now that the dust is settling down on post-poll government-formation at the Centre, revisiting Elections-2004 may be in order. If anything, it could hold a candle to the future of Indian polity, and the roles that the nation¿s political parties may have to be prepared for, if they need to keep the voter on their side.