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What should the 2016-17 Union Budget in the pipeline propose for India’s fiscal stance? Is there a growth-oriented case to raise public investment and the deficit target above the planned fiscal consolidation? A review in the right global and regional context.
Courtesy: Gateway House
Prime Minister Narendra Modi’s extensive foreign visits have drawn $214 billion in new investment commitments into India. Gateway House has meticulously tracked these financial commitments, which have come from three sources: foreign government investments, private foreign investments and multilateral investments.
Courtesy: PTI
Vice President Ansari’s recent visits to Brunei and Thailand provided further clarity to the Act East Policy while advancing its implementation. He effectively showcased that the rationale for a strong India-ASEAN strategic partnership is sharper than before.
Courtesy: Narendra Modi / Flickr
The Indian government and businesses should stay away from giving an overly “mercantile” attitude to foreign policy and investments abroad. A deal secured by only economic heft and preying on weakness is likely to produce only bitter fruit later on.
Courtesy: Gateway House
At the recent counter-terrorism conference in Jaipur, a star-studded galaxy of policy makers, security analysts and law enforcement officials debated on tackling the Daesh threat. Some of the most positive steps to counter the terror propaganda came from South East Asia and India’s neighbourhood
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Despite major political change in Brazil, Argentina, and Venezuela due to global economic tumult, it may be premature to speak of a rightward shift in Latin American politics. Yet, developments in these democracies need to be monitored carefully as India has a stake in their political stability.
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The outcome of the Iowa caucus has been stunning for both parties, where Donald Trump’s defeat as well as Hillary Clinton’s near defeat was not foreseen by anyone. All eyes have now turned to the New Hampshire primaries where Hillary Clinton beat Barack Obama in 2008, but went on to lose the Democratic nomination.
Courtesy: Wikipedia
A resurgent Taliban has turned a hopeful declaration by the Obama administration into a premature one. The levels of U.S. troops stationed in Afghanistan, currently at 9,800, are expected to increase as a result. But with more than half a trillion dollars spent trying to stabilize the problem, perhaps it’s time to rethink the Af-Pak region.
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The world has witnessed a number of upheavals in the past few years, precipitating widespread global political turbulence stemming from geo-economic instability. Over the next couple of months, Gateway House experts will attempt to deconstruct these events and how India and its foreign policy can work to take advantage of these trends.
Courtesy: Businessworld
The 2016 Budget could be the last chance for the government to redeem itself and find a way back into the common man’s heart. Too many opportunities have been lost in the past with policy architects focusing on the minutiae; FM Arun Jaitley has the opportunity to make enduring course corrections.