With the increase in allocation to the agriculture sector in Budget 2016, the Modi government has revealed a renewed tilt towards rural India. How this financial roadmap will lead to revitalizing agriculture and developing rural India will depend on the politics.
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The WTO judgment on the India-U.S. dispute on solar panels shows how rules across different international regimes – climate change, trade and nuclear power – favor the countries which set those rules. India must deepen its participation in such multilateral fora to protect its interests.
The Trans-Pacific Partnership has dropped strong Intellectual Property Rights regulations on India’s doorstep. The implications of these regulations could affect India’s own policies, as well as her global aspirations towards the potential Regional Comprehensive Economic Partnership.
A tectonic shift is occurring in the science landscape, wherein newly-developed nations are audaciously investing in frontier scientific research at par with developed nations. India is game to join this new wave of advancement, but its research-funding mechanisms are deficient. Can Indian philanthropy endow indigenous R&D?
The IMF recently approved a set of quota and governance reforms, which doubled its permanent resources, and raised the representation of emerging markets in its governance structure. How important is this, and what are the implications for emerging markets and for India?
Saudi Arabia, Russia and other oil producers are trying to cap oil production to support prices. Such distortions are unlikely to work. India should be more concerned about the long term rise in oil prices due to falling investment in exploration and production – and should protect itself by acquiring oil and gas assets to cover its energy needs.
Prime Minister Modi's energetic foreign policy and travel has focused on attracting foreign investments. But the task of translating commitments into investments on the ground rests with the Ministry of External Affairs. And the MEA needs greater resources to realise the benefits of Modi's deepening economic diplomacy abroad.
At a recent panel discussion on Calcutta hosted by Gateway House-Avid Learning for the Kala Ghoda Arts Festival, the conversation centred on Calcutta’s cosmopolitanism, multiculturalism, and the parallels and non-parallels between Calcutta & Bombay.
Ambassador Rajiv Bhatia participated as a panelist at edition VIII of the Delhi Dialogue hosted by IDSA.
The recent cyber attack on Ukraine’s power grids is indicative of the cyber space becoming the most useful tool for perpetuating geopolitical rivalries. Many countries are rapidly expanding their offensive cyber capabilities, and it appears the militarisation of cyber space is complete.