Mizoram is one of India's most beautiful states, whose people high literacy rates in India. Yet a lack of employment opportunities and inadequate infrastructure have significantly hindered its progress. The recent investments in connectivity projects and the tourism industry can help Mizoram transition into being a model for growth in India's North East.
The political campaigning in Karnataka’s upcoming state elections is heated and hectic, but disconnected from the economic entity that is Karnataka. Few of the issues of literacy, growth, and employment in other parts of India, apply to Karnataka. For Karnataka by itself is a middle-income country in the heart of India, a “tech-driven society” with a transformational global digital economy.
An estimated 9 million Central Asians reside and work in Russia, and almost every major city in the country is dependent on their labour. It’s a marriage of convenience but beneficial all around. Russia gets modernised infrastructure, while remittances bring in much-needed capital to Central Asia.
Bahram N. Vakil, a partner at the law firm AZB & Partners talks to Gateway House about the increasing merger and acquisition prospects in the Indian renewable energy market and the growing need of infrastructure financing in the country.
The AIIB is a step along a path that started with the Asian financial crisis, which defined ASEAN’s views about the U.S.’s commitment to the region. Although the bank may signal the rise of China, it is also a coming together of Chinese and ASEAN goals—ASEAN’s focus on infrastructure for growth requires another source of finance, and this forecasts its strong relationship with the AIIB
The announcement that major European powers will join the AIIB as founding members means the bank is now clearly accepted as a tangible game changer in the multilateral financial architecture. The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India
With the Modi government’s focus on improving neighbourhood relations, India cannot afford delays in its aid projects in the region—especially because aid is an effective foreign policy instrument. Why are these projects getting delayed? Is the government taking remedial steps to improve India’s aid programme?
A major theme at the multilateral summits this month was connectivity, with China at the forefront. India is trailing behind due to a shortfall in investment and political will, among other factors. Prime Minister Modi must follow up on his meetings at the SAARC Summit by robustly taking forward India’s connectivity agenda
Discussions at the recent India-China Strategic Economic Dialogue in Beijing focused on Chinese investment in infrastructure in India. China’s strategy of funding projects in India comes from practical necessity – to meet the demands of China's growing middle class for affordable, market based services
While India may be lagging behind China in its infrastructure development, it has inherited a worker demographic dividend. With most of the Chinese business being state owned, will India be the destination to look for new entrepreneurial talent?