Narendra Modi
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New Opportunities 2021: India plans reforms shielded by robust economic growth
India will rely on targeted supply-side spending to help resurrect the country’s Covid-battered growth. Narendra Modi’s government also hopes to implement critical but long-delayed structural reforms that could become possible if economic recovery is as strong as expected. The plan hinges on a stretch goal: exceeding 14 percent nominal GDP growth rate in the upcoming fiscal year.
Scenarios for the expansion of India’s super apps
Several large global technology firms have pumped billions of dollars of investments into India’s digital economy sector this year. The development reflects a trend toward “super apps” being created in the country, helped along by favorable government policies. The question is whether the market will remain fiercely competitive, or devolve ...
India, a handicapped giant
Faced with China’s emerging hegemony in Asia, India is striving to defend its regional power status. New Delhi’s strategy is to invest in defense, align its policies with the United States and expand its regional alliances. However, it is increasingly concerned with becoming contained by China.
Regional hegemony and control of the Tibetan plateau
The recent skirmishes along the Indo-Chinese borders are part of a larger regional conflict driven by Beijing’s desire to establish its dominance throughout Asia. Because so many crucial geostrategic points are located across the Himalayas – including access to several major waterways – military tension is bound to escalate.
With import ban, Modi seeks more arms made in India
With a new import ban on 101 kinds of weapons, Narendra Modi is continuing his quest to expand India’s domestic arms industry. The lack of arms manufacturing has been a concern since the 1960s, and despite criticisms, the latest efforts are bearing some fruit. But India still has a slow ...
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