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The Finance Minister has chosen to walk the conservative path, hoping to stimulate investment and growth through small half-measures. Expect high rates of inflation in FY 13 and greater pressure on the fiscal deficit despite white paper on black money.

This was a budget without many surprises. Maybe we have evolved to being an economy, in which the budget is a mundane, technical exercise, of interest to economists and accountants, but of little immediate consequence for those who live in the real world.

While the coverage of Budgets in the media and research reports are mainly limited to high interest items like income-tax, sales tax, excise, inflation etc., the "Part A" of the budget, which is an indicator of government intention and priority, remains relatively under explored.

Most participants at an ORF conference on urban development and creation of 100 smart cities in India felt that creation of smart cities is an extremely challenging exercise and for this, careful planning and effective project implementation are required.

This brief tackles the challenge of mobilising India’s higher education system to build the workforce for India’s ambitious chip manufacturing vision. It argues that the challenge must be addressed by the manufacturers, the states in which they are located, the neighbouring states, and the country, considering the expanding global marketplace for such a workforce. Utilising a word-map to engineer plausible solutions, the brief offers pathways

The creation of a competent national indicator framework will be central to the tracking — and eventual attainment — of India’s sustainable development goals. Through an analytical study of India’s past efforts relating to the MDGs and its initial preparations for the SDGs, this paper identifies specific hurdles that must be overcome in building a health indicator architecture that is both globally relevant and aligned with national

In terms of the existing institutional mechanisms, South Korea somewhat lags behind Japan, but one should remember that India-South Korea partnership is only about 40 years old and during this rather short period, what the two countries have achieved is quite remarkable.

The seventh of the Sustainable Development Goals (SDGs) aims “to ensure access to affordable, reliable, sustainable and modern energy for all” by 2030. Such quest for energy security is echoed in subregional strategies as well; in the BIMSTEC region, it is a key priority. As the gap in electricity supply and demand increases in the countries of BIMSTEC, trans-border cooperation can help diversify energy sources, reduce the average cos

India’s medical devices sector is poised to grow from a US$11-billion industry to US$50 billion by 2030. This expansion, however, hinges on regulatory reform, investment in innovation, and improved accessibility. Historically governed by drugs-centric laws, India’s medical devices sector now falls under the purview of dedicated frameworks such as the Medical Devices Rules (2017). Yet it continues to face policy uncertainty, and there are pers

Climate change, conflicts, and various crises have exposed the vulnerabilities of global food systems. Acute food insecurity and undernourishment have become more prevalent in recent times, and the imperative is to build more robust and sustainable food systems that do not adversely impact the environment. The COVID-19 pandemic has only underlined the importance of food security in times of crises. This brief explores the promise of clima

Recent global events have underscored the importance of economic integration even as they have exposed the fragility of global value chains (GVCs). The outbreak of the COVID-19 pandemic, for instance, highlighted the systemic risks to the functioning of GVCs. This brief explores the factors that impact the creation of production networks and recommends key methods to make GVCs more stable and sustainable to withstand potential shocks.

‘Us vs. Them’ narratives fuel conflicts and make them thrive. This brief examines the role of such narratives in impeding the path to peace and stability in Kashmir, especially in the current era of so-called ‘new militancy’ that is aided by social media. This brief explores how India should build a broad, collective identity in Kashmir—one that will supersede radicalism and a desire for secession. It outlines a history of past and curr

As the Covid-19 pandemic began to unfold in February, India’s dependence on Chinese inputs for the production of pharmaceutical products was debated intensely. This special report argues that the narrow discussion has fallen short in capturing India’s crucial role in global health as a provider of health-related goods to many developing countries. The report analyses trade data on over 200 categories of health-related goods, and provides quan

India and the United States (US) galvanised their defence relationship with the signing of the 'New Framework for India-US Defence Relations' in June 2005. Subsequent years saw further developments, among them the US Congress decision to accord India the status of ‘Major Defence Partner’ (MDP) in 2016. In recent years, the four ‘foundational agreements’ signed between the two countries have expanded their spectrum of defence coope

Extreme water events are affecting cities in various parts of the world. During rainy seasons or in the event of typhoons or cyclones, the sudden inflows of large volumes of rainwater into cities, combined with inadequate preparedness of administrative agencies, result in injuries, loss of lives, and damage to property. This brief examines excess-rainwater-related incidents in select global cities, reviews innovative practices for managing floodi

India’s power sector requires sustained efforts to achieve the power generating capacity target of approximately 1.2 terawatts by 2047. It needs such capacity to meet the demands of economic growth and achieve the Sustainable Development Goal 7 of providing universal electricity access. At the same time, the country also needs to reduce its greenhouse gas emissions to meet commitments to global climate action agreements. This paper revi

Both during times of normalcy and crises, governments depend on increasingly digitised identity systems. Such systems, however, have been considered controversial since the use of IBM machines to facilitate the Holocaust. Since then, more contemporary identity systems have tried to ensure that they do not violate citizens’ essential rights. This requires multi-stakeholder coordination, a network paradigm, a focus on open standards rather than s

To decisively fight the Maoists, India needs a culture of accountability at all levels

In July 2024, United States (US) President Joe Biden signed into law a bill espousing the Tibetan people’s right to self-determination. The spirit of this law, ‘Promoting a Resolution to the Tibet-China Dispute Act’, stands in contrast to historical US recognition of Tibet as a part of China. This brief examines the evolution of US policy towards Tibet, beginning in the 1950s when its primary concern was the alleged human rights violations

The final announcement of the results of the US Presidential elections are expected to be announced only after the completion of the counting of the provisional votes in the State of Ohio, which may take some days unless Senator John Kerry decides to concede victory to George Bush without waiting for the completion of the counting.

Every disruptive technology sparks excitement, investment, and the risk of a bubble—and AI is no different. Before deciding if AI dreams will materialise, the parallels between past bubbles and the current AI race need to be understood.

The most critical area for India's response to climate change must be adaptation. It needs to invest in actions against the imminent threats posed by climate change irrespective of how the global discourse progresses. Investments must be made through innovative channels, using a mixture of capacity-building programmes, awareness campaigns, traditional solutions, and new technologies.

An ORF Mumbai-SPGRC workshop has decided to launch a city-wide, age-appropriate awareness campaign to curb rising gender-related crimes in Greater Mumbai municipal corporation schools. It would try to sensitise children about sexual harassment and other gender-related crimes.

The Narendra Modi government's 'Make in India' campaign, on the whole, seems out of sync with today's world where it doesn't matter where a product is made because even high exporting countries like China basically assembles parts made elsewhere in the world.

In early 2020 the Islamic State of Iraq and Syria (ISIS) published an India-centric propaganda material called Voice of Hind. This special report examines the first issue of the publication, which openly recruits Indian Muslims by manipulating the fears and grievances they harbour owing to certain political developments in the country. The analysis uses theories of social psychology, inter-group conflict discourse, and communications theory to pr

Economic sanctions are often seen as an alternative to war, but they do not always have the desired effect. This brief argues that for such sanctions to be effective, economic interdependence must be established, economic rationality must outweigh political ambition in the sanctioned country, and the message of the sanctions must be clear. Using the sanctions against Russia as an example, this brief contends that because of the interdepen

Can Africa’s energy transition break the resource curse? With global aid shrinking, African leaders look to clean energy to boost growth, jobs, and autonomy

With the EU being India’s largest trading partner and the second-largest export destination, the economic logic of strong India-EU economic relations is self-evident. The two sides have also agreed to commence talks for a standalone investment protection pact and an accord on geographical indications

Engaging the Myanmar Army in exercises such as those with India provides an opportunity for Myanmar Army officers to learn from the experiences of other armed forces in international military operations.

Iran represents a complex policy challenge that needs to be carefully weighed. Any assessment will need to look not only at the benefits but also the costs of not changing course on Iran. But fence-sitting and procrastination might be an unsustainable and expensive choice.

Canadian official Mark Carney visits India to strengthen strategic ties. This visit follows a diplomatic thaw and aims to finalize the Comprehensive Economic Partnership Agreement. The agreement, under negotiation since 2010, is crucial for boosting bilateral trade. Both nations seek to diversify economic partnerships and build resilience.

Australia's Murray-Darling example is not a panacea for the basin-wide river management of the Ganga. And it is not through lack of international role models that a genuinely holistic, basin-wide approach has not been applied to the Ganga; it is through a lack of domestic political will to do so.

Though India dreams of replicating the shale gas successes of the US, it cannot enjoy the luxury of easily acquiring land for shale gas operations. In the US, landowners, besides owning surface rights, also own mineral rights. Consequently, they receive huge financial incentives directly from oil and gas companies.

Conflicts in the Middle East have been exacerbated by competition over natural resources. Within the United States, there is growing bipartisan interest in reducing dependence on foreign oil.

The COVID-19 pandemic has led to the worst global economic crisis since the Great Depression in the 1930s. International trade has been severely impacted due to, among others, budgetary shortfalls, reduced access to medical equipment, and an overall decline in economic activity. Even before the pandemic hit, international trade was held hostage by trade wars in a deeply polarised world; COVID-19 further exposed the faultlines of the globa

US’ expected policy shift favouring Moscow aligns with its renewed focus on the Indo-Pacific.

Sikh extremism and separatism are far from the norm, but they have somehow hijacked Canadian diplomacy

Sikh extremism and separatism are far from the norm, but they have somehow hijacked Canadian diplomacy

This paper highlights the risks that emerging economies are exposed to given the extended use of Unconventional Monetary Policies in advanced economies. It also explores how financial resilience of emerging economies can be increased to ensure stable economic growth.

This report demonstrates how the Ukraine war has catalysed exceptional growth in the United States (US) defence-industrial base, evident in record exports and orders, valuations, and profits, as well as an ecosystem expansion unprecedented in recent decades. It argues that this revitalisation has given renewed potency to the US military-industrial complex, whose structural reliance on sustained demand will shape political decision-making and ince

By not backing the political demand of the RJD ally for the exit of then Election Commissioners, B B Tandon and N Gopalswamy, the Centre and Prime Minister Manmohan Singh have silenced avoidable criticism of the constitutional body entrusted with the task of ensuring common man¿s continued faith in parliamentary democracy.

Cash transfers are popular globally as an instrument for combating poverty and achieving broader development goals. Both conditional and unconditional cash transfers that target women in low- and middle-income countries can enhance household well-being, food security, education of children, family health, and women’s empowerment. In India, the provision of unconditional cash transfers to women is being driven by the expanding influence of femal

The crux lies in reimagining the allocation of funds from the Central government

The UPA's cash transfer scheme, delivering over Rs.3.2 lakh crore in subsidies and welfare programmes to the poor directly to their bank accounts, if executed well would not only reduce poverty faster would curb a lot of the wasteful spending that has fattened vested interests at all levels.

The debate on digital transactions and the merits of a “cashless” economy engaged public attention in India in the past year. This paper steers the debate towards articulating an appropriate strategy that can bring the Indian economy closer to becoming “cashless”. The paper begins with an exposition of the theoretical model of the digitalisation process, identifying a set of core structural parameters that determine a nation’s readiness

As the complicated nature of security across this geography changes, the Asian footprint is expected to only grow

Cultural entrepreneurship promotes a country’s heritage, resources and creative talents through products, services, and experiences. It shapes the country’s cultural economy; enables economic growth, innovation, and sociocultural development; and, when exported, contributes towards building soft power. India, with a millennia-old heritage, indigenous knowledge systems, and practices, has the potential to become a leading cultural and

Capacity building is a central feature of India’s outreach to Africa. Over the last seven decades, the Indian government has provided numerous scholarships to African students through the Indian Council for Cultural Relations and the Indian Technical and Economic Cooperation scheme. India has also established several technical institutes throughout the continent. However, assessments of India’s capacity-building initiatives remain limited. Th

This issue brief assesses the enduring political influence of the military in Pakistan. It delves into the historical, social, and geopolitical factors that have propelled the military's rise in the nation's governance structure. The brief also examines the military-bureaucratic nexus and its role in perpetuating military dominance, and the implications of a weak civil society and its constrained ability to counterbalance military power.