Courtesy: AP
Two weeks after Finance Minister Arun Jaitley announced the Union Budget 2016-2017, it continues to be a hotly discussed topic. This pro-farmer budget has laid down great plans, but in a nation where Mars Missions and farmers suicides occur simultaneously, aspirations will have to take a backseat until the way forward has been paved.
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The Latin American region already identifies with India through its pop culture, so India needs to capitalise on this goodwill to deepen its diplomatic relations with the region.
Courtesy: Ministry of External Affairs / Flickr
A more robust foreign policy initiative is required for India to be seen as a serious player in the future of Afghanistan. Building dams and roads has ensured its presence as a partner in rebuilding the country, but its conservative handling of Afghan issues must be challenged, perhaps by following the Iran route, to push forward its geostrategic interests.
Courtesy: Wikipedia
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.
Courtesy: Navaneeth Unnikrishnan / Wikipedia
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?
Courtesy: PTI
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.
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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.
Courtesy: Wikimedia
India’s recent ratification of the nuclear liability convention is being portrayed as a dilution of India’s stand on civil nuclear liability and its own 2010 law on the subject. This is, however, incorrect, and India’s stand on nuclear liability remains unchanged.
Courtesy: Pixabay
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: Wikipedia
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.