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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.

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.

India will be in no hurry to do business with its new management. Onus of rapprochement lies with Pakistan.

India's macro position on equity at international fora such as Rio +20 must be reflected in its domestic resolve to offer energy equitably to its diverse population. The imperatives of creating a 'green economy' must only follow and complement such efforts.

Half a century after the first United Nations Conference on the Exploration and Peaceful Uses of Outer Space, the current debates are focused on new sets of challenges such as space mining, which used to belong only to the realm of science fiction.  This paper analyses the rationale for extraterrestrial mining, as well as the efforts and responses of various countries—i.e, USA, Luxembourg, Russia, China and India. In examining the legal and go

India’s efforts to bring world-class education to Africa can have far-reaching impacts. It will boost local economy, attract investments and foster a culture of innovation.

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

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 treatment of mental health disorders is a difficult task due to the highly subjective nature of each case, the varying efficacy of drugs available, and the social stigma associated with mental illness. In India, the treatment gap is steep, but it can be reduced in a number of ways: through concerted efforts by the biotechnology and pharmaceutical industries on novel drug development; by leveraging allied technologies such as data science, art

The measure of a successful energy transition must go beyond statistics of installed capacity of renewables, investments and number of jobs. While these are important, the face of the transition should become the lives, livelihoods and well-being of the economy

One can see the problem of illicit financial flow in a narrow view in terms of loss of tax revenue, but the more often missed out perspective is that these illicit flows create imbalances in the global economy that upset the efficiency of capital. Illicit financial flows cannot be curtailed without the collaborative effort of both developing as well as developed countries

Cutting oil and gas out of the climate conversation won’t work because – like it or not – they will underpin the global economy for years to come

The Brazilian economy is in a new period of transition. Its challenges today are of tax incentives in order to steer foreign investments towards the domestic shores and curbing rising inequality and urban-rural divide.

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

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

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.

Neighbours India and Nepal, who share an open border, have not always had the most amicable of relations, oscillating from one extreme to the other. One of their long-standing disputes is over the border area of Kalapani. This discord has the potential to disrupt the other aspects of their ties, especially in the domains of the economy and cross-border security. Further, if the two countries fail to arrive at a resolution to the disagreement, it

India is on its way to becoming “the Saudi Arabia of data”. This brief argues that India enjoys unmatched advantages of demography, economy, and geography and could be a hub of the submarine cable network that would facilitate the transport of data across the Indian Ocean. India’s public and private sectors should leverage these advantages to push the country to the centrestage of connectivity across the region and beyond. India’s

India’s fertility rates have dropped below replacement levels, and the nation faces the prospect of ageing before it becomes rich and escapes the middle-income trap. Vectors like shifting family dynamics and consumer demands, narrowing workforce window with a strain on state capacity, divergent regional trajectories, and urbanisation with new demands, converge into the need to migrate national growth models to productivity-driven frameworks—w

India will gain very little by taking the lead in this venture. It already holds the rather envied position as the strongest economy within the region. SDB can hardly be expected to raise its global image or position.

From Europe, India is viewed as a balancing power in terms of the economy and global harmony, according to Dr. Medgyessy, former Prime Minister of Hungary. He says India is ideologically closer to Europe and the US than the other BRICS countries.

India is assuming the leadership of SCO and G20. While the two groupings have divergent goals, Delhi will need to ensure that the concerns of developing nations are not ignored. An assertive foreign policy that seeks to shape and steer conversations will help

The two most-important objectives of foreign policy is ‘security’ — both external and internal — and ‘economy’.

Never before has India story looked more credible than it does today with the world in turmoil and India standing out as a beacon of hope.

The biggest success for China insofar India is to derive maximum advantage from her emerging economy status while at the same time keeping India tied down in sub-continental squabbling. The Wen visit achieved just that.

India is the second fastest growing economy in the world today. At a most basic understanding, an economy grows when goods -- agricultural and industrial -- are produced and bought and/or when the service industries are growing phenomenally. In India's case both sectors are performing very well.

Export-oriented FDI has the potential to vault India into the league of industrial economies: a stage which it allegedly skipped on its way to becoming a post-industrial service-based economy. Export-oriented FDI is labour-- and employment --intensive. In China export obligation is mandatory for foreign investors. This should be done .

Export-oriented FDI has the potential to vault India into the league of industrial economies: a stage which it allegedly skipped on its way to becoming a post-industrial service-based economy. Export-oriented FDI is labour-- and employment --intensive. In China export obligation is mandatory for foreign investors. This should be done .

India should know that the OBOR scheme is not about CPEC and Pakistan; but in fact its primary goal is to integrate the rich European economy with that of China’s.

Billions of dollars in FDI have been assured to India thanks to Prime Minister Modi's successful foreign tours. However, there also has to be real technology transfer that spills over to the local economy. Only then, Modi's dream of FDI as 'First Development India' can be fulfilled.

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

A digital revolution in MSMEs' access to credit might accelerate growth and prosperity - if policymakers focus on simplicity, access, and human capital.

Across the world, workforces 'stranded' by technological, regulatory, or climatic change have become politically crucial to the rise of populism

India has embarked on a large-scale infrastructure development program, ranging from highways to airports, a critical government-led push to provide the economy a strong base to build upon.

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 victory of a pro-China government in the Maldives offers Beijing an opportunity to restore its influence in the Indian Ocean region

Prachanda’s visit highlights the two countries willingness to move beyond contentious issues and focus on mutually beneficial aspects

India’s growing strategic importance as a balance to China in the Indo-Pacific region, as well as convergence between New Delhi and Washington DC about Beijing’s aggressive stance on emerging technology, have resulted in warming relations between the United States (US) and India. Indeed, in recent years, there has been a spur of cooperative agreements between the two sides on domains such as defence technology, 5G, and semiconductors. This br

In the last four decades, India’s geo-political identity has evolved from being the leader of the non-aligned movement - a representative of the developing poor nations of the world to becoming a member of the G-20, the world’s leading industrialized and emerging economies. The change has also been evident on its evolving position on climate change as it became a signatory to The Paris accord. However, the paper argues that key tenets of self

When the Budget session of Parliament began on February 21, people in general and industry in particular were hoping that the political class would ensure that the two Houses conducted the necessary parliamentary business to bring back the national economy and governance on to the rails.

The chief economist of BP Group, Mr. Christof Ruehl, says the industrial sector is less flexible in India than in China and that this could drive the energy demand in 2012-2035 period. He also predicts that China's industrialisation will continue even if it changes its economy structure.