Search: For - Reforms

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A battle between the known and the unknown in Argentina
Nov 10, 2023

A battle between the known and the unknown in Argentina

Argentina stands at a defining crossroads as it goes to the polls amid economic woes

A brief history of India’s Interim Budgets
Jan 29, 2024

A brief history of India’s Interim Budgets

On 1 February, Finance Minister Nirmala Sitharaman will make her most important political economy speech

A Budget to steady the ship
Jul 11, 2014

A Budget to steady the ship

There were no big reforms and no major policy turnarounds in the Union Budget presented by Finance Minister Arun Jaitley. It was a budget of small and tentative steps to help steady the ship and laid the foundation for big reforms in the months ahead.

A budget ‘like never before’?
Feb 01, 2021

A budget ‘like never before’?

It is for time to tell whether the suggested reforms will lead India to play a prominent role in the post-pandemic economic recovery.

A relevant BRICS: Reimagining global economic reform
Feb 27, 2024

A relevant BRICS: Reimagining global economic reform

As BRICS navigates the evolving global economic landscape, its trade, investment, and finance progress underscores its significance as a transformativ

African Union summit amidst the COVID-19 pandemic
Feb 23, 2021

African Union summit amidst the COVID-19 pandemic

The AU is trying to hold its own with the reforms. It is trying to be more efficient and transparent. However, the reforms are more technocratic than

Agenda for Economic Reform P. N. DHARI. G. PATELM NARASIMHAMR. N. MALHOTRA
Jun 24, 2021

Agenda for Economic Reform P. N. DHARI. G. PATELM NARASIMHAMR. N. MALHOTRA

ndia was facing a massive balance of payment crisis when the Observer Research Foundation released a document, ‘Agenda for Economic Reform’, on 1 July 1991. The Agenda outlined the reasons for the crisis and recommended a broad strategy to enable the country to overcome it. As India marks 30 years since the start of widespread reforms that opened up the economy, ORF revisits the recommendations outlined in the document.

Agenda for economic reform: Joint statement by P.N. Dhar, M. Narasimham, I.G. Patel and R.N. Malhotra
Jul 24, 2021

Agenda for economic reform: Joint statement by P.N. Dhar, M. Narasimham, I.G. Patel and R.N. Malhotra

As India commemorates the 30th anniversary of the 1991 Reforms, ORF looks back at its very first publication.

Amid geopolitical disruptions and economic slowdowns, India leads global growth
Oct 13, 2022

Amid geopolitical disruptions and economic slowdowns, India leads global growth

To continue to lead, India must press harder on the reforms pedal, and celebrate the small victories in the ongoing economic world war

Analysing Bhutan’s fourth National Assembly elections
Feb 08, 2024

Analysing Bhutan’s fourth National Assembly elections

Unlike elections in many parts of the world, Bhutan experienced a seamless transfer of power during its most recent elections

As China signals the coming of a combat-ready and modern military, India must take heed
Oct 30, 2017

As China signals the coming of a combat-ready and modern military, India must take heed

At the congress of the Communist Party of China last week, Xi Jinping announced reforms for the People’s Liberation Army.

As the EU plans to log out of growth, India should log into reciprocity
Nov 09, 2022

As the EU plans to log out of growth, India should log into reciprocity

Regulatory overreach needs to be balanced with regulatory reforms; India’s presidency of G20 provides the inter-governmental platform to do so

ASAT: An asymmetrical response capability vs China?
Mar 30, 2019

ASAT: An asymmetrical response capability vs China?

As China’s People’s Liberation Army (PLA) continues to undertake significant organisational reforms, the asymmetric inequalities between the Indian military and PLA are set to widen.

Assessing Bhutan’s migration trends and policies
Mar 31, 2023

Assessing Bhutan’s migration trends and policies

The Bhutanese government has brought about reforms to upskill the youth, bridge the demand-supply mismatch in the job market and prevent further brain

Atithi Devo Bhava?
Sep 13, 2023

Atithi Devo Bhava?

This issue brief analyses recent reforms of the Indian tourist visa process, addresses shortcomings and suggests ways in which to make the e-tourist visa effectively benefit the Indian economy.

Avoiding a Great Depression
Jul 01, 2015

Avoiding a Great Depression

India need to do more to speed up its own financial sector reforms and make it stronger because the percentage of NPAs has reached a dangerous level of 4.45 per cent and could reach 6 per cent soon. Unless the banking system is strong, India cannot be on a higher trajectory of growth.

Back to the era of simultaneous polls?
Jun 24, 2015

Back to the era of simultaneous polls?

The Parliamentary Standing Committee's (on Personnel, Public Grievances, and Law & Order) decision to consider the possibility of recommending 'concurrent' or 'simultaneous' elections to the Lok Sabha and all State Assemblies across the country is a suggestion worth serious consideration, like very many other aspects of electoral reforms.

Best time for Modi to take tough decisions
Jul 28, 2014

Best time for Modi to take tough decisions

Experience would suggest the best time for Modi to take tough decisions is now when his popularity is at an all time high and his adversaries, both within his party and without, are still shell-shocked. If he can stake out the key elements of the long-awaited second generation reforms, he can spend the balance of his tenure working to implement them.

Boosting demand in the Indian economy: Role of formal and inclusive labour markets
Aug 06, 2020

Boosting demand in the Indian economy: Role of formal and inclusive labour markets

Reviving the economy will require addressing the two major challenges — of a rising informal labour force, and slackening demand.

Breathing new life into BIMSTEC: Challenges and imperatives
Apr 27, 2020

Breathing new life into BIMSTEC: Challenges and imperatives

This paper explores the various opportunities and challenges of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation or BIMSTEC, a unique inter-regional grouping composed of aspiring member countries from South Asia and Southeast Asia. While the grouping has massive potential to contribute to regional cooperation, this paper explores the capabilities of the organisation in terms of meeting the expectations of renewed

BRICS: A wall for some and a platform for others
Apr 04, 2013

BRICS: A wall for some and a platform for others

China as the leader of the pack will use BRICS for control and dominance. The West will see this as a threat to existing arrangements and try to pull it down before it takes off. Indian presence will remain weak so long as our economic reforms and progress remain slow and our internal political and policy frameworks remain uncertain.

Bridging the global gender chasm in 2024: Need for more steam?
Feb 03, 2024

Bridging the global gender chasm in 2024: Need for more steam?

Due to unprecedented global crises, progress in bridging the gender divide has stagnated

Budget 2004: The Power Sector Review
Jul 15, 2004

Budget 2004: The Power Sector Review

Budget 2004, despite the change of regime in New Delhi, maintains the much required continuity for critical power sector reforms to achieve the country¿'s "Power for All" objective by 2012 and double installed capacity to over 200,000 MW .The salient features in the budget vis-a-vis the power sector are:

Budget 2021 pushes the growth pedal
Feb 01, 2021

Budget 2021 pushes the growth pedal

Sitharaman and Modi need to be commended for their courage in continuing with reforms against all odds.

Budgetting for the Poor
Jun 28, 2004

Budgetting for the Poor

The accompanying politico-administrative changes apart, Elections-2004 has caused the mid-course review of the economic reforms, seeking to introduce the missing "human face", about which Prime Minister Manmohan Singh had begun talking about while in the Opposition.

Building a new world
Mar 16, 2012

Building a new world

The ORF-hosted BRICS Academic Forum's recommendations to the 4th BRICS Leaders Summit, to be held in New Delhi on March 29, seek to set the agendas for global governance reforms and sustainable development and map out a new geography of cooperation.

Building the resilience of India’s internal security apparatus
Nov 26, 2018

Building the resilience of India’s internal security apparatus

26 November 2018 marked a decade since 10 Pakistan-based terrorists killed over 160 people in India’s financial capital of Mumbai. The city remained under siege for days, and security forces disjointedly struggled to improvise a response. The Mumbai tragedy was not the last terrorist attack India faced; there would be many others since. After every attack, the government makes lukewarm attempts to fit episodic responses into coherent frameworks

Can a Pandemic Treaty located in an unreformed World Health Organisation be successful?
Aug 21, 2023

Can a Pandemic Treaty located in an unreformed World Health Organisation be successful?

Bringing structural reforms to WHO is a crucial step to ensure the success of the proposed Pandemic Treaty and the amendments to the International Hea

CCP Congress: Assessing Xi’s tenure
Oct 11, 2022

CCP Congress: Assessing Xi’s tenure

Xi’s overall achievements may be a mixed bag, but his biggest success has been in carrying out wide-ranging reforms of the military and security app

Challenges for Georgia’s EU membership
Jan 26, 2024

Challenges for Georgia’s EU membership

Georgia faces the challenge of balancing its pursuit of EU membership with the risk of Russian adventurism, necessitating a cautious approach to avoid

Change Management in Societal Transformation: The Case of Saudi Arabia’s ‘Vision 2030’
Jul 25, 2022

Change Management in Societal Transformation: The Case of Saudi Arabia’s ‘Vision 2030’

A transformation is sweeping Saudi Arabia, and certain elements of it can be attributed to ‘Vision 2030’, a strategic plan launched in 2016. The vision—framed by a paradigm shift in the country’s economic, social, and cultural landscape—will have implications beyond Saudi Arabia itself, given the country’s position as leader of the Arab and Islamic world. The biggest challenge to such a metamorphosis is adoption among citizens, who wi

China is  not about to overtake US in Space
Oct 04, 2013

China is not about to overtake US in Space

China has clearly made very significant strides in its Space capability. However, it is still a long way short of matching U.S. capabilities and alarm bells need not ring just yet. It will need to undertake significant reforms before it supplants the U.S. as the world's leading Space power.

Cities, not nation states, are likely to script the next age
Oct 16, 2017

Cities, not nation states, are likely to script the next age

It is almost certain that cities will script the story of our future. If India is to capitalise on this megatrend, it becomes essential for the country to engage in widespread and deep reforms, which go beyond infrastructure and focus on reforming governance mechanisms and empowering local government.

Civil-military fusion for Atmanirbhar Bharat
Dec 31, 2023

Civil-military fusion for Atmanirbhar Bharat

Given India’s history and ethos, India must forge its own unique structures to achieve jointness and integration and civil-military fusion in the br

Cloud of doubt shadows EC
Oct 27, 2017

Cloud of doubt shadows EC

The Gujarat poll date controversy demands urgent reforms to the Model Code of Conduct

Colombo’s turnaround
Jul 25, 2023

Colombo’s turnaround

Renewed proximity with India can help Sri Lanka reduce its dependence on foreign reserves, while giving Delhi the leverage to push for benefits

Competition in retail electricity: Power of choice
Feb 12, 2024

Competition in retail electricity: Power of choice

Behavioural changes expected in electricity use by the consumer may not play out as anticipated without the intervention of technological inputs

Consequences of disempowering the military
Jan 29, 2018

Consequences of disempowering the military

What is a matter of grave concern has been the lopsided priorities of the government towards the military vis-a-vis the Central Armed Police Forces (CAPF) that have come to the fore.

Constraints to Convictions: PV Narasimha Rao to Narendra Modi
Jul 24, 2021

Constraints to Convictions: PV Narasimha Rao to Narendra Modi

Going forward, the 21st century will see leaders at the Union embrace reforms with greater force and stronger conviction.

Cosmetic changes in Myanmar might lead to unintended consequences as in Soviet Union
Feb 19, 2013

Cosmetic changes in Myanmar might lead to unintended consequences as in Soviet Union

Though Myanmar's reforms are mostly'cosmetic' now, the changes can have unintended consequences, as witnessed in the case of Mikhail Gorbachev's Glasnost & Perestroika in the erstwhile Soviet Union, says Bertil Lintner, author of many books on Myanmar.

Countering Disinformation and Hate Speech Online: Regulation and User Behavioural Change
Jan 25, 2021

Countering Disinformation and Hate Speech Online: Regulation and User Behavioural Change

Social media platforms facilitate the sharing of information and enhance connectivity and civic engagement. At the same time, however, they are vulnerable to abuse by malicious actors who use the channels to spread misinformation and hateful and divisive content. Regulatory reforms must seek to align the utility of social media platforms with the welfare of citizens, while safeguarding the right to free speech. This paper explores the regulatory

COVID-19 could be Modi’s reform moment
Jun 05, 2020

COVID-19 could be Modi’s reform moment

If a crisis was needed to reform a nation, perhaps COVID-19 it is. Recall the 1991 reforms, when India was facing a balance of payments crisis. The crisis pushed the Indian state into action and economic reforms were quickly ushered in.

CPC Plenary: Small steps rather than a great leap
Nov 14, 2013

CPC Plenary: Small steps rather than a great leap

The outcome of the Third Plenary meeting of the 18th Central Committee of the Communist Party of China which ended on Wednesday in Beijing is like a typical iceberg -- you see some of it above the water, but most of it is below. The leadership knows well that if reforms of the financial sector and of creating a legal governance regime are delayed, the economic miracle could well turn into a nightmare.

CPC’s tryst with private regulatory interventionism
Apr 06, 2023

CPC’s tryst with private regulatory interventionism

The array of financial institutional reforms proposed at the ‘Two Sessions’ is indicative of continued regulatory interventionism by the CPC

Crossroads of Artificial Intelligence: Higher Education and Research in India and China
Nov 11, 2020

Crossroads of Artificial Intelligence: Higher Education and Research in India and China

This paper offers a comparative study of India and China in higher-education reforms for the development of talent in artificial intelligence (AI), and in AI research. It analyses the AI development plans and strategies of the two countries, their automation readiness index, talent retention, and research output. The analysis is based on both primary and secondary sources including interviews, government and industry reports, and recognised ranki

Crypto Policy: भारत में क्रिप्टो नीति को लेकर तमाशा जारी
Jul 30, 2023

Crypto Policy: भारत में क्रिप्टो नीति को लेकर तमाशा जारी

जब ख़तरनाक रफ़्तार से डिजिटल वित्त सेक्टर आगे बढ़ रहा है,