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A talk by Prof Dilip Ahuja and Prof D P Sen Gupta

India and Pakistan can reap multiple benefits from an enhanced cooperation on the economic and energy fronts, according to experts at a recent conference at Observer Research Foundation.

This brief discusses the challenges faced by urban local bodies (ULBs) in India in accessing urban climate finance (UCF), and proposes solutions based on successful strategies used by some of them. The hurdles include institutional barriers and limited capacity. The brief finds that ULBs that have met with success in accessing UCF overcame the obstacles through early sensitisation programmes and global network connections. It offers plausible sol

The Indo-Pacific region is becoming the world's new strategic and economic ‘centre of gravity’. Indeed, the accelerated trajectory of the Quadrilateral Security Dialogue (Quad) in recent years highlights the region’s growing importance. The Quad countries have committed to a rules-based order and a free and open Indo-Pacific, and are aiming to develop resilience across domains, such as in the maritime space, to counter and deter aggressive

An enormous amount of capital is required for climate change mitigation and adaptation globally, but especially in emerging markets that have the dual burden of achieving development and meeting national climate goals in the coming decades. Although it is tough to estimate the precise amount of capital required to achieve these goals, it is anticipated to be in the range of trillions of dollars. However, the flow of capital into green sec

The borders that divide countries into geographical entities also serve as channels of interconnection between the very same territories. Borders divide and connect, at the same time; they present both opportunities and challenges: How do sovereign nations realise the potential of cross-border engagement, while managing the various issues that arise out of opening up these borders? This is a challenge that is true for the BBIN countries —

As technologies evolve, so do threats.

The potential misuse of chemical precursors, toxic industrial chemicals, and pharmaceutical-based agents (PBAs) by non-state actors poses a massive threat to national and international chemical security frameworks. There is an urgent need to strengthen the oversight of dual-use chemicals to arrest the frequent use of ammonium nitrate-enhanced improvised explosive devices and the potential use of fentanyl-linked PBAs in domestic terrorist attacks

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

In recent years, different research institutions, government bodies, and private entities across countries have issued principles and guidelines for the ethical use of Artificial Intelligence (AI). There is little consensus, however, over universal ethical principles and how to implement them. What are the similarities and differences in AI ethics discussions across geographies, and what are the existing gaps? Crucially, if the larger goa

South Sudan does not possess the political leadership to resolve the current crisis of citizenship and governance. But it is time for an unbiased state to step in and address vital issues and questions that it did not address immediately after independence for the collective sake of all South Sudanese.

New Delhi needs to note that China’s estrangement from the US is not as serious as the one with India.

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

The current debate on Delhi’s approach towards the Rohingya crisis focuses principally on the implications. While this aspect, without doubt, deserves careful examination, there is a need for a more holistic understanding. This brief fills the gap by shifting the focus on the role that India is playing in finding a solution to the crisis. It looks beyond what the approach means for India and explores ways for Delhi to further deepen and expand

Goals of universal financial inclusion have acquired new wings in India, with the mobile phone now seen as a catalyst in realising such aspirations. This brief analyses India’s performance in leveraging mobile phones for financial inclusion. It throws light not only on the various factors that have propelled the use of mobile banking, but also those that have served as obstacles for such use. The brief also proposes a strategy that has been dev

As anticipated, the much-touted and ill-prepared protest by the Bhiku movement and Sarath Fonseka's Democratic National Alliance (DNA), seeking to replace the Executive Presidency, has Sri Lanka ended in a whimper.

Maharashtra imposed alcohol prohibition in the Chandrapur district in April 2015. However, in 2021, the state government annulled the liquor ban as evidence indicated that the district administration had failed to comprehensively implement it, with several social and economic consequences that compromised the wellbeing of Chandrapur. Experiments in prohibition in India and the US show that it is nearly impossible for such widespread socia

ORF, the Public Diplomacy Division of the Ministry of External Affairs of India and CERI - Sciences Po and Centre d'analyse Stratégique (CAPS) of France have begun an Experts Policy Dialogue to delve into key areas, opportunities and challenges that will shape, enrich and confront the India-France relationship in the coming years.

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

Their established ties rest on a foundation of common values and goals

The Ambassador of France to India, H.E. Mr. Francois Richier, has underlined the importance of a comprehensive agreement on migration and mobility, which would feed into increasing bilateral education and business opportunities.

Over the last few decades, a global climate finance architecture has emerged to channel domestic and international funds towards climate change mitigation and adaptation efforts. However, mobilising climate capital at scale has been a challenge, particularly in the Global South, since the current financial system is inept at including climate change metrics in its capital allocation and disbursement processes, and applying a climate justi

India has moderated its position on the Israel-Palestine conflict over time, exchanging statements of condemnation for those "expressing concern". But behind India's strategic balancing act there also lies a precise domestic calculus.

The United States, Japan, India, Australia – may emerge as guarantors of free trade and defense cooperation to check China

Vietnam's self-assured pursuit of a complex balance of power strategy could be a model for other medium powers in Asia who are deeply concerned about the rise of China, want Washington to balance Beijing, but are reluctant to become formal military allies of the United States.

The COVID-19 pandemic is posing unique challenges to policymakers across the globe, necessitating efficient action in short timeframes. During such crises, having the right data at the right time is crucial to making informed policy decisions.  Traditional economic indicators can be inadequate owing to issues of timeliness, granularity, and difficulty in collection. There is a need therefore for higher-frequency and more granular data to track e

Interstate (River) Water Disputes (ISWDs) are a continuing challenge to federal water governance in India. Rooted in constitutional, historico-geographical, and institutional ambiguities, they tend to become prolonged conflicts between the states that share river basins. This paper examines the constitutional complexities, contentious political federalism, and identity-based electoral political dynamics that fuel ISWDs. It discusses the River

Initiated in 1970, the FMR experienced a resurgence in 2016, finding a place within the broader Act East Policy of New Delhi.

Microfinance, which began in India 50 years ago, extends credit, insurance, loans, access to savings accounts, and money transfers to small business owners and entrepreneurs, especially those not served by the conventional banking system, or indeed the rest of the financial sector. This paper traces the history of microfinance in India and evaluates its impact. It finds that although the microfinance sector has emerged as a salient player in Indi

Out of the 660,000 habitations in India with a population of 100 or more, only 33,000 have a commercial bank branch. That's approximately one branch for every 20 habitations.

India's self-image needed a re-boot. This rebooting of India's 1.3 billion aspirations was conducted by the Prime Minister on the 15th of August last year. He did it with characteristic simplicity, by a simple call for "Make in India". Financial inclusion is the building block for unleashing the creative capabilities of this country.

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

In 2015, world leaders, at a historic United Nations (UN) summit adopted Agenda 2030 to galvanise action and offer pathways for achieving global sustainability. The years in the run-up to the deadline, however, are fraught with challenges that impede the ability of developing economies to access resources for realising the Sustainable Development Goals (SDGs). A crucial challenge is mobilising adequate resources from both public and private sourc

The African continent faces escalating climate threats, with rising temperatures, sea-level rise, water stress, and extreme weather events causing widespread negative consequences. This brief argues for the need to build a business case for greater adaptation investment in Africa. Climate change is already causing significant economic losses, with African countries losing 2-5 percent of GDP annually, while adaptation investments could yield retur

In many African countries—some of the most unbanked areas in the world—digital banking applications are redefining what it is to bank in economies with shallow penetration of the formal banking sector, representing an innovative force that is breaking new ground in the long-standing challenge of financial inclusion. This brief explores the emerging world of fintech in the context of Africa, outlining why financial technology applications are

Focusing on financing sustainable development, in India and elsewhere, ORF organised a conference that explored the future of global financial architecture for development and highlighted the difference between financing and implementation.

As the world confronts multiple challenges which are intricately connected, our path for development stands at a crucial juncture. In the context of the embroiling polycrisis, progress on the sustainable development goals (SDGs) has been steady but fragile with major and persistent challenges. Financing for Agenda 2030 has emerged as a major bottleneck with several developing economies, especially the least developed countries (LDCs), low-income