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India’s Digital Public Infrastructure (DPI), known as India Stack, has not only had a profound impact on the country’s economy but also has potential significance for global economic integration. This brief elucidates how this framework has facilitated financial inclusion, spurred innovation, and propelled economic growth in India. It highlights the foundational role of the India Stack in transforming the country’s financial landscape, and

The Observer Research Foundation (ORF), in partnership with the Foreign and Commonwealth Office of the United Kingdom, organised a multi-stakeholder workshop on the 'International Rules-Based Governance' on March 15, 2013. The objective of the workshop was to arrive at a better understanding of the order of priorities for India within the international rules-based architecture.Three areas of focus were identified, namely: Corporate governance ben

The sudden and spectacular rise of the ISIS as a rival to the Al Qaeda, their brutal efficiency and zeal have led to some analysts seeking more answers about their rise and generous financial and material support beyond that which has come from the Saudis, Qataris and Turks.

India’s financial aid to the Philippines to fight the Islamic State signals a reworking of its Asean outreach

The National Rural Livelihoods Mission was launched in June 2011 to create institutional platforms for the rural poor, enabling them to increase household incomes through livelihood support and access to financial services. This brief evaluates the achievements of the programme in its first 10 years. It finds that the Mission has met with some successes in improving the lives of rural women, who are the backbone of the programme, and consequently

The failure of global finance to create a bridge between savings that earn low returns in the global north and the projects that would create much-needed infrastructure in the global south has caused a crisis that needs the attention of global regulators. Among the multiple causes of this crisis is the stringent regulatory response to the 2008 financial crisis, including new lending norms for banks; the tardy response of institutional investors t

As India places the Mekong sub-region among its priorities under the country’s ‘Act East’ policy, the ongoing India-Myanmar-Thailand Trilateral Highway project––currently the only land connectivity project between India and the Mekong countries and the wider Southeast Asian region––could prove to be a game changer. It is imperative to explore ways to ensure early completion of this strategic communication link. This paper focuses on

Climate change is a global commons problem requiring concerted actions by all. While recognising this, the United Nations Framework Convention on Climate Change has also acknowledged the principle of ‘common but differentiated responsibilities and respective capabilities,’ which assigns greater responsibilities to developed countries in mitigating greenhouse gas (GHG) emissions and reducing their carbon footprint. There have also been deliber

Until the early 1990s, India’s urban local bodies (ULBs) were under the complete control of the states, having little functional, financial and administrative autonomy. The 74th Amendment Act of 1992 sought to make ULBs self-governing institutions. Many salutary provisions were made in the Act and there have been certain positive outcomes since it came into effect in April 1993. However, many key issues have remained unresolved and at present,

Speaking recently in New Delhi, Defence Minister Manohar Parrikar said the Government was committed to modernise the armed forces, but "that there is a need to exercise financial prudence and optimise all available resources".

Trusted connectivity, diversified sources of materials, and resilient financial and trading arrangements have become a strategic imperative for India

At least 4 billion people around the world are yet to be covered by any form of social security, and therefore vulnerable to economic, social, and environmental shocks. This paper examines the state of social security in the Group of Twenty (G20) economies—home to 63 percent of the global population. It finds gaps in social security financing in these countries: between universal coverage and actual coverage, and between countries of the Global

The pace of Indian infrastructure building along the Line of Actual Control (LAC) bordering China has historically been slow due to financial and doctrinal constraints, but has accelerated in the past 20 years. Construction has become more efficient owing to bureaucratic changes and the infusion of greater financial resources. This paper attributes these changes to strategic compulsions brought about by Chinese actions—both diplomatic and on-th

Given Kenya's recent diplomatic, financial and trade advancements in the international community, observers anxiously await the verdict in the trials of President Uhuru Kenyatta and Deputy President William Ruto at The Hague and the reactions of Kenyans to it.

Given their frequent recurrence in Indian cities, the problem of urban flooding is gaining focus in policy discussions. Indeed, urban floods can cause massive loss of infrastructure, property, and lives, and have a substantial economic impact. To ensure they remain functional and secure, Indian cities must tackle the issue of floods by examining the urban over-densification problem and adopting innovative mitigation measures with the technical an

Sri Lanka, which in the 1970s was being hailed as a development success story for a low-income nation, is now mired in a financial and economic disaster, its worst yet since independence in 1948. Despite notable investments in infrastructure projects, and a largely stable growth rate from 2013 to 2019, the Sri Lankan story was marred by a series of untimely and mismanaged economic measures that led to the current meltdown. External factors have c

Sustainable finance emerged as a key issue to tackle climate change at the 2021 United Nations Climate Change Conference and is spurring a global transition to net zero. A peculiar feature of the race to net zero is that it cannot be achieved unless all countries can meet their targets, and any positive step towards it will benefit all countries. The drive to achieve carbon neutrality and net-zero emissions needs to be targeted through a range of

Natural gas is an efficient bridge fuel between high-emission fuels and renewable energy systems. Due to limited conventional natural gas reserves, India imports more than half of its natural gas requirements. Increased production of natural gas from domestically available resources could help India reduce gas imports, achieve national emission intensity targets, and honour international climate commitments. Marine gas hydrates ar

Social media has had a transformative impact on how people live, engage with one another, and work. However, it can be a double-edged sword as it constantly evolves owing to modern technological innovation. This cannot be more true for the world’s women: social media gives them political, financial, and social empowerment, even as they battle lack of access, language barriers, and safety concerns. This paper analyses the intersection of

The string of financial fraud and chicanery that we have faced over decades has made the innocent suffer the most. We must make sure that public sector institutions are no longer the private entitlement of politicians.

Statements made by public officials in certain G20 member states as well commentaries by financial analysts suggest that emerging market economies stand on a different footing from developed counterparts in their regulation of virtual digital assets. They attribute these differences to the distinct institutional, demographic, and economic vulnerabilities of developing countries. This paper examines this notion by presenting a quantitative

The economic advantage from a revived financial sector will generate manifold benefits in investment, growth, and jobs. Every 1% of growth generates 1.2% of tax revenues.

China, particularly after the global financial crisis, is on a look-out for markets in Asia, and India offers the largest market. Therefore, China's singular focus on economic issues is understandable, but India should not give into the Chinese demands without a quid pro quo.

In January 2019 employees of the Brihanmumbai Electricity Supply and Transport (BEST) in Mumbai held an eight-day strike to demand, among others, higher wages. The strike affected nearly three million daily commuters in India’s financial capital. It also highlighted the crises that have crippled Mumbai’s municipal public transport service for years: after the cross-subsidies from the electric supply division of BEST to its public transport ar

China's ruling Communist Party, at its plenum, will deliberate on the economic and social agenda for China over the next five years focusing on financial reforms and how to maintain growth of around seven per cent. Contrast this with India where the new administration appears somnolent.

A common thread across the turbulences is uneven support from the government for beleaguered institutions and the absence of informed participation.

Laying down the rules of the road is a task that should not be left until Space is highly weaponised. Aside from the political and strategic value, India has a huge financial stake given its investments and reliance in this regard.

Economic distress, India’s influence and signalling, and underwhelming support from partners like China compelled Muizzu to recalibrate relations with India

The FATF sword is dangling over Pakistan. With the country on the verge of economic bankruptcy, it desperately needs access to international financial markets.

Gender disparities in economic participation and opportunities remain significantly large across the world. To bridge these gaps, G20 countries are working to advance women’s entrepreneurship through financial assistance, knowledge creation, and governance for supporting enterprise. India, in particular, has introduced a number of government schemes to promote entrepreneurship among women, such as the Pradhan Mantri Jan Dhan Yojana and the Prad

चिनी कर्ज पुनर्गठन करण्यास विलंब केल्याने श्रीलंका काठावर ढकलले आहे.

नियामकांसाठी डेटा ही पुढील मोठी दरी आहे, वित्तीय व्यवस्थेत त्याचे वाढते महत्त्व आणि त्याच्या व्यवस्थापनातील आव्हाने.

दलितांचे उत्थान सुनिश्चित करण्यासाठी भारताने आर्थिक समावेशनातील अडथळे दूर करणे आवश्यक आहे.

हवामान बदलाशी संबंधित जोखीमा आणि धोके गुंतागुंतीचे आहेत आणि ते परस्परांशी संबंधीतही आहेत, त्यामुळे आज जागतिक अर्थव्यवस्थेला मोठा धोका निर्माण झाला आहे. त्यामुळेच आर्थ�

जर आपल्याला स्वच्छ उर्जेची सोय तळागाळापर्यंत उपलब्ध करून द्यायची असेल, तर आपण वित्तीय व्यवस्था शेवटच्या माणसापर्यंत न्यायला हवी.

एक संतुलित आणि लवचिक नियामक वातावरण जे ग्राहकांच्या हितसंबंधांचे संरक्षण करताना त्यांच्या बदलत्या गरजा पूर्ण करू शकेल.

खासगी डिजिटल चलनांचा उदय झाल्याने केंद्रीय बँकांच्या नियंत्रणाला आव्हान निर्माण झाले आहे. प्रस्थापित व्यवस्था मोडून काढण्याचे नवे वातावरण व शक्यता निर्माण झाली आहे.

सणासुदीमुळे भारतीय अर्थव्यवस्थेच्या दुसऱ्या-तिसऱ्या तिमाहीत सकारात्मक घडामोडी दिसतात. पण या दोन तिमाहीतील आकडे पुढील समस्यांचे द्योतक असू शकते.

कोरोना व आर्थिक मंदींच्या पार्श्वभूमीवर भारतासारख्या देशापुढे प्रश्न आहे, तो विकासासाठी पैसे उभे करण्याचा. त्यासाठी ’ब्लेंडेड फायनान्स’चा पर्याय पुढे येतोय.

ट्रोइका - राष्ट्रपती, पंतप्रधान आणि लष्करप्रमुख - यांच्यातील परस्परसंबंध पाकिस्तानची राजकीय व्यवस्था बिघडवतात .

विशिष्ट हेतू साठी डिजिटल पैशांचा संभाव्य अनुप्रयोग खरोखरच कसले प्रतिनिधित्व करते हे जाणण्यासाठी आधी प्रोग्रामेबिलिटी जाणणे महत्वाचे आहे.

ऑनलाइन कंपन्यांना आता काही बंधने पाळावी लागतील. अमेरिका आणि चीन हे देशही या नियमावलीच्या अखत्यारीत येतील, हा २०२१ मधील महत्त्वाचा बदल असेल.

भारताने बिटकॉइनच्या परिवर्तनीय क्षमतेची जाणीव ठेवण्याची आणि जोखीम व्यवस्थापित करण्यासाठी आणि लाभ संपादन करण्यासाठी नियमावली तयार करण्याची आवश्यकता आहे.

भारत आणि पूर्व आफ्रिका या दोघांसाठी आर्थिक समावेशासंदर्भातील सहकार्य फायदेशीर ठरेल. त्यातून परस्परांच्या अर्थव्यवस्थेला सावरता येऊ शकतील.

जरी भारताने आपल्या आर्थिक बाजारपेठेतील लैंगिक असमानता संपवण्याचे वचन दिले असले तरी, अभ्यास मात्र वेगळे चित्र दाखवतात.