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By collaborating with neighbouring countries, India can serve as a catalyst for positive change and promote food security and sustainable development
In the post pandemic world, Asia could exploit the growing digital connectivity to overcome the hassles of conventional trade and ratchet up its econo
India, like much of the rest of the world, is faced with the twin but opposing conditions of economic potential and social concerns that need to be negotiated to realise the digital dividends from artificial intelligence (AI) and achieve sustainable and balanced growth. AI systems involve layers of technological dependencies that necessitate and enable social and institutional interdependency between stakeholders, enabling conditions, and resourc
The G20 has over the years influenced the growth trajectory of global digital health by ensuring international cooperation between different stakehold
Unless the financial health of distribution utilities (DISCOMS) can be revived, progress on energy transition can flounder
The geoeconomic benefits of working towards more robust growth, both now and in the future, are multiple.
This double whammy will pose a challenge to those at the bottom of the income pyramid
Behind the hype of high economic growth today is a tale of average performance in various economic sectors.
India's agricultural growth had not been at the targeted level of 4 per cent in the past few years, but it was 4.6 per cent in the last quarter. Due to a good monsoon, the agricultural growth rate is likely to be higher at around 4.9 per cent. It will lead to higher demand for goods and is likely to give a fillip to industry this year.
Domestic climate of social peace and stability needed to turn the tide
It is interesting to note the accommodations that China made in its educational system to inspire its exponential growth in economic and defence capability. Its educational reforms aimed at transitioning China from a manufacturing hub to a leader in innovation. Today China has the largest network of primary education in the world.
Would yet another IMF loan help Pakistan with its financial woes?
Even as trade talks between the US and China seem set to resume, geopolitical tensions between the two powers show no sign of abating.
After improving between 2000 and 2013, hunger levels have significantly worsened in Africa in the years since. While global food insecurity is currently at an all-time high, Africa's record in addressing undernutrition was not impressive even in the pre-pandemic era when growth rates were higher. There are several challenges to food security in Africa, including short-term external shocks such as the pandemic and the Ukraine-Russia war, and long-
According to the Ministry of Power’s “Vision 2024” document, the power demand in India is expected to grow in the foreseeable future, and the supply will struggle to keep pace with it. This piece traces the recent developments in the energy sector in the form of a detailed commentary.
Exploring the gas sector revival by using LNG, growth in the demand for jet fuel and gasoline — and other news.
Mainstreaming gender in urbanisation can be a useful tool in understanding and tackling exclusionary growth and access to resources in urban spaces more generally.
The strategic location of India’s North Eastern Region (NER) offers ample opportunities for enhancing the country’s economic ties. However, supply-chain constraints at the regional level hamper the trade-growth linkages, as do trade barriers, social unrest, and inadequate infrastructure. Enhancing and improving commercial exchanges with neighbouring countries, such as Bangladesh and Myanmar, will strengthen bilateral and regional networks. Th
Governments are now required to adapt regulation in an agile fashion to ensure the protection of public goods throughout endeavours of economic growth
नियामक संस्थाओं की हद से ज़्यादा पहुंच को नियामक सुधारों
आपूर्ति श्रृंखलाओं में विविधता लाने की ज़रूरत बढ़ती जा र
China has often showed a lack of willingness to abide by not only established international law but also certain norms that the global community has fostered over the years. It has flouted the decision issued by an arbitration court at The Hague regarding its claims in the South China Sea; it has also appropriated intellectual property. In the 1970s when the Western economies were taking the lead in setting global norms while balancing the thre
Presenting the Interim Budget 2024-’25 on 1 February, the finance minister announced an allocation of INR 6,21,541 crore (approx. US$75 billion) for the Ministry of Defence (MoD). Representing 1.9 percent of Gross Domestic Product (GDP) and 13 percent of Central Government Expenditure (CGE), MoD’s new budget is an increase of 4.7 percent over the previous outlays. This brief examines the MoD’s latest budget and contextualises it in the curr
In November 2014, India introduced a visa facility allowing foreign travellers wanting to come to India for recreational purposes, casual visits with friends or relatives, short-duration medical treatment or business visits, to apply for their visa online. Since then, the government has taken specific initiatives to improve the process, with the more recent ones including the introduction of three e-visa categories (e-medical, e-business, and e-t
The opportunities and challenges for Indian economic diplomacy in its efforts at engaging the US over the next decade are immense.
Is India missing out on the opportunity to expand its export-led growth by not focusing on low-skill manufacturing?
This brief examines the efficacy of the inclusion of private capital in development finance, using the cases of certain countries that have met with success in utilising such a strategy. It underlines the experiences of institutions like the Japan Bank for International Cooperation (JBIC) and the United States International Development Finance Corporation (US-IDFC) that use innovative financial tools to support international financial institution
The Northeastern states of India have massive potential for harnessing hydroelectricity. While the government has rightly recognised this capacity as crucial to boosting the growth of the region, the pace of development has remained slow, and marred by many problems. This brief builds on the “43rdReport on Hydro Power” presented in Parliament in January 2019 by the Standing Committee on Energy, to assess the prospects of the hydropower sector
This paper attempts to make a contribution in the context of the recent push in making India an e-empowered economy for promoting exports. The study stems from the premise that exports respond significantly to the costs associated with breaking into foreign markets and sustaining in those markets, whereas e-commerce offers a ready platform to minimise such costs. The empirical exercise focuses on export decision and export intensity, after adjust
The growing trends in Armenia-India defence cooperation and new arms deals suggest that Armenia should establish a more strategic and comprehensive pa
Opening up retail trade should not have happened at a time when inflation is high, GDP growth rate is falling, industrial growth and exports are declining. Unfortunately, it would take a long time for the multi-brand retailers to establish their own supply chains and hence inflation is unlikely to come down in the near future.
It will prove beneficial in terms of growth and income for both countries to establish a federal reserve swap line
Financial inclusion is critical to achieving the economic empowerment of women—one of the targets under the fifth Sustainable Development Goal on gender equality. In India, one in every five women lack access to a bank account. Although the country’s programmes promoting financial inclusion have increased the percentage of women having access to a bank account, wide gaps remain in account use, and access to savings and credit. Women c
Climate change has emerged amongst India’s most formidable challenges to sustained GDP growth. To accelerate the implementation of the country’s commitments under the Paris Agreement and advance its progress towards the Sustainable Development Goals, finance is key. India needs to develop a comprehensive strategy and an integrated policy approach that aligns the country’s financial systems with the long-term needs of the economy while incor
India’s target of achieving 175 GW of renewable energy capacity by 2022 might appear ambitious, but it is crucial as it will have a positive impact on the country’s economic growth, energy security and the fight against climate change. Financing is emerging as the key challenge to this vision, slowing down the pace of growth; as of December 2019, over 50 percent of the 2022 target is yet to be achieved. This brief outlines India’s existing
Accumulated non-performing assets (NPAs) in the Indian banking system, specifically in the public sector banks (PSBs), have adverse effects on credit disbursement. An increasing amount of bad loans have prompted the banks to be extra cautious, which has dried the credit channel. Two components are key in resolving the NPA problem: the immediate task of resolving the current accumulation in the PSBs, and the more important long-term task of ensuri
For a new phase of growth, government disintermediation, rather than enhanced control over the economy, is appropriate.
Though China has significantly reduced the rate of malnutrition, the country still faces challenges in ensuring food security
