369 results found
Beginning in 2017, the first Trump Administration steered United States (US)-China relations from engagement to competition. Thereafter, Biden largely built on this policy, while giving indications of moving towards a phase of “competitive co-existence”. Under Biden, the US sought to reassure China that it was adopting a strategy of “de-risking” and not “de-coupling,” and its goal was to adopt a technology export regime that would als
In the aftermath of the COVID-19 pandemic, reforming the global health governance system has become a key area of concern for the G20 and other multilateral platforms. This comes at a time when the world has increasingly become volatile, uncertain, complex, and ambiguous. As a grouping of developed and developing countries, the G20 must prioritise addressing global health challenges by identifying its direct and indirect determinants. This brief
It is important to differentiate between physical capital as produced means of production in contrast to natural capital which is naturally endowed. The latter facilitates a host of ecosystem services[i] that flow through human processes, both societal and economic. Unlike physical capital, natural capital cannot be substituted easily. Therefore, this stock of natural capital processing into the flow of ecosystem functions need to be valued and
Gujarat has the required natural resources, human potential and entrepreneurial spirit to become the engine of India¿s economic growth and achieve a growth rate of 20%.
India’s online gaming sector is rapidly growing, surpassing other emerging digital sectors in the country. It contributes to GST revenue, creates jobs, and attracts FDI. The sector also promotes ancillary sectors, contributing indirectly to the economy. However, concerns persist around harms such as addiction, financial crimes like money laundering, and implications to national security. Regulatory uncertainty continues to hinder the sector’s
Household savings have merely moved from financial to physical assets, with an increase over time
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.
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
The politics of Centre-State relations has been a powerful force in shaping India's foreign policy. India's rapid economic growth has furthermore given a new found influence to regional parties, leading to their disproportionate influence over the formulation of foreign policy.
The Central European countries can tap into India’s economic growth to expand their strategic outreach in the Indo-Pacific. India’s growth narrative carries significant geopolitical and regional implications, particularly for Europe. As the continent grapples with the ongoing geopolitical and developmental fallout of the Russia–Ukraine war, its strategic calculus is shifting. The war in Ukraine offers India a window of opportunity to deepen
For a decisive role in the region's future, India must accelerate its economic growth, build a stronger security partnership with Washington, contain the boundary dispute with China, and strengthen ties with key Asian middle powers.
With the labour force participation rate expected to rise significantly in the coming years in India, it is imperative that the government formulates a common policy on business development and regulation. India's high economic growth story cannot be taken for granted.
A digital revolution in MSMEs' access to credit might accelerate growth and prosperity - if policymakers focus on simplicity, access, and human capital.
In June 2015 the Modi government launched the Smart Cities Mission, a major urban development initiative designed to improve living conditions and achieve higher economic growth in 100 cities across the country. The Mission offers the State and city governments yet another opportunity to think creatively and work towards the betterment of their cities. Will India succeed in this venture, and would the future 'smart cities' be equitable and sustai
The virus is only going to make a growth slowdown caused by declining investment even worse.
Aspiring to become a US$30-trillion economy by 2047, surrounded by hostile nations, and leading the idea of multipolarity in a bipolar world, India needs to articulate a grand strategy that has been missing in its statecraft. With the necessary conditions for such an endeavour in place, it is time for Bharat, under Narendra Modi’s third term as prime minister, to thread the three core aspects of executing such a grand strategy: articulating the
New Delhi is increasingly positioning itself as a significant player in African peace, security and development. Examining the question of how India responds to state fragility in Africa, this brief finds that India’s engagement is mostly transactional: working around, rather than on, sources of political fragility. Development and security interventions tend to operate in silos, but might change if Indian commercial investments are threatened
This paper projects the nationwide and state-wise size of India’s Unified Payments Interface (UPI) market under various GDP growth scenarios. The market sizes under these scenarios are expressed in monetary values at the scale of both sub-national units and the Indian economy as a whole. With the help of transactions and market share data from Phonepe, a UPI company, the paper estimates the national and state-wise base case scenario market volu
Technology is vital to enabling accelerated socio-economic growth, effective governance, and relief delivery at scale. Many economies are adopting and developing technology-first frameworks to strengthen their population’s social welfare net, and support economic growth. The COVID-19 pandemic has exposed both the challenges and opportunities in India that can be addressed and driven by multidimensional technology frameworks. With the rebalancin
Amongst India’s stated priorities in its G20 Presidency are reforming multilateral institutions, climate action alongside energy transition, digital transformation and governance, sustainable economic growth, and women’s empowerment. In many of these concerns, countries in the Global North and Global South have serious divergences, thereby hampering progress towards consensus and unified action. To remove some of the deadlocks
Climate change and economic development are emotive subjects that are closely related: yet one is caused by the other. People’s lives are increasingly getting affected by the negative side-effects of climate change, particularly in developing countries which, at the same time, face enormous challenges to their aspirations for economic growth. Leading scientists agree that global warming is a reality and greenhouse gas (GHG) emissions are requir
Sustainability requires, among others, adjusting and reorienting to a dynamic situation. In the context of urban areas, “dynamism” is seen in the population and economic growth characteristics. The constantly changing nature of urban centres calls for new and improved strategies to ensure sustainable and equitable development. Owing to population growth and, consequently, greater pressure on resources, there has been increased focus on smart
By transferring Rs 1.76 lakh crore from the RBI’s surplus funds, the government is determined to meet its fiscal deficit target of 3.3 per cent of the GDP because doing that seems to be its top priority, rather than spending more on infrastructure, welfare programmes and centrally sponsored development schemes.
The best news in years is that India’s government finally seems to recognize the scale of the problems it faces.
Narendra Modi came to power with an unexceptional agenda: push economic growth; transform the infrastructure; bring about a social transformation. But this agenda appears to be in danger of being drowned out by a cacophony of voices from Hindutva organisations.
Indian industry stalwarts have welcomed the arrival of Narendra Modi. The first priority of Prime Minister Narendra Modi should be to ensure the revival of economic growth, which has gone below 5 per cent in the past two years and also tackle food inflation and price rise.
Mr Modi was one of the first to warn the developed world that terrorism was a hydra which strikes rich and poor alike.
Development cooperation has gained further currency in a post-pandemic world amid staggered economic growth and an increasing gap in financing the Sustainable Development Goals. As a strategic geographic expanse, the Indo-Pacific has witnessed an upswing in cooperation programmes under different modalities (North-South, South-South, and triangular development partnerships). This paper explores the role of development cooperation as a tool of dipl
The government has been firefighting since FY 2019 using mostly Band-Aids of the cheapest kinds.
The demand for basic needs has outpaced supply in many cities of the world. This fact is observed in the urban housing sector. High economic growth along with urbanisation has created a huge demand for housing, and according to recent estimates, there is a massive shortage of dwelling units in many urban areas of the world.
The Pahalgam terror attack of 22 April 2025 raised the spectre of cross-border terrorism in Jammu and Kashmir yet again. Initially claimed and then denied by The Resistance Front (TRF), a Lashkar-e-Taiba affiliate, the attack triggered nationwide condemnation and protests, including among the local population in the Union Territory. After the 2019 revocation of Articles 370 and 35A, the Indian government intensified efforts to integrate Kashmir p
It is also unclear to what extent the disaster is the outcome of over-exploitation of resources in the back-to-back construction of dams
India’s recent economic growth has been closely intertwined with the movement of workers, students, and professionals, most of them to countries of the Global North and West Asia. This paper makes a case for strategic domestic interventions, at least in the short to medium term, to ease the barriers to the global mobility of Indian citizens. These can include effective migration management and the creation of a comprehensive emigration and over
Infrastructure investments are required to enable economic growth and provide the services required by a growing population. The infrastructure already available is threatened by climate change, damaging existing assets and reducing future productivity. Investment in new infrastructure has to increase to fill the gap; as this occurs, the operation and maintenance cost of infrastructure are also expected to rise. Furthermore, as resources are scar
This paper evaluates the impact of various policy reforms, including the economic reforms of the 1990s, on India’s manufacturing sector. Covering the priority sectors relevant to the government’s ‘Make in India’ initiative, the paper analyses the productivity of registered manufacturing units from 1974-75 to 2012-13. It offers empirical evidence on the growth of productivity in the organised manufacturing sector through an inter-tem
The US must balance its economic ambitions with environmental responsibility. With advancements in carbon capture and renewable energy, the scope of a balanced approach exists
