India’s G20 presidency was effective in insulating the forum from geopolitical turbulence and placing the spotlight on the Global South. Although the G20 stands strengthened today due to India’s creative and forward-looking presidency, member nations confronting inter-state contestations, domestic elections and concurrent economic crises in the coming year will have to muster the political will to ensure a sustained commitment to the grouping's promises.
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Two years on since the military coup in 2021 and the continued absence of security and stability has only worsened the political and economic situation in Myanmar has only worsened in the absence of security and stability. India's long-standing strategic and economic interests in Myanmar will not be achieved if it doesn't proactively step up now to prevent the from becoming a flawed polity or a dependent of China.
Agriculture has been integral to India’s food security and employment. While salient policies are in place, India has yet to achieve its food security and farmer-income goals. Artificial Intelligence (AI) offers innovative solutions for the agriculture sector. AI technologies will help India take the necessary leap forward to enhance agriculture productivity, farmer income and food security.
India is rapidly progressing in its digital goals with missions like Make in India and Digital India having a positive effect across the economy. But its dependence on interconnected networks and systems means that cyber security IS a challenge. As one of the most attacked countries in cyberspace, India’s resilience in cybersecurity is key to safeguarding critical assets.
The Indo-Pacific region envisages the Indian and Pacific Oceans as a continuum and stands on two central pillars – maritime security and economic development. The public discussions, however, are focused on maritime security, strategy and geopolitics, while economic development has received less attention. This imbalance can be corrected by creating an awareness on how to harness the potential of the region's Blue Economy and its vast resources and opportunities.
The supply of critical minerals, crucial for new and emerging technologies such as electric vehicles, electronics and renewable energy production, faces a significant disruption due to Covid and the Ukraine crisis. As the prices of these valuable resources surge, India can secure its supplies through the sagacious use of financial investments, efficient policies, and propriety technology. A collaboration with Japan can offer multifaceted benefits.
Low global commodity prices, strong FDI inflows, and sustained growth have boosted the Indian economy in the preceding decade. This favourable economic climate, however, was disrupted by the pandemic and the crisis in Ukraine, exposing vulnerabilities in the global economic system. This paper focuses on India’s economic security challenges, particularly in six sectors - Food, Energy, Finance, Data, Space & Undersea Cables and Critical Minerals - and suggests possible courses of action.
The Quad has agreed to launch a satellite-based maritime security initiative to curb illegal fishing by China. India is a global leader in satellite launches, especially in Earth Observation (EO) satellites. The Indo-Pacific nations are looking at the Indian model because it is applicable, economical, and sustainable.
With mass digitisation, India has proved that technology is not just for the educated, privileged, and wealthy. The country's open and secure digital public platforms can be significant for the Indo-Pacific, the world's most data-rich region. The Indian model is applicable because it is open-source, interoperable, auditable, and enshrines individual rights, ownership, and empowerment.
China has established a dominant presence in the Indo-Pacific through exploitative economic engagements. This has destabilised smaller nations in the region and made them dependent on Chinese support. For a free and open Indo-Pacific, India must press its advantage in human and economic capacity building.