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India registered rapid economic growth over the past couple of years, with the GDP growing 7.6 percent in 2015-2016. While economic activity remains buoyant, however, the country still has a long way to go. The government must capitalise on the current economic momentum and use it to accelerate its reform agenda. One of the areas requiring regulatory attention is the property market. Despite a push for reform through the Digital India Land Record

Against the backdrop of near failure of the World Trade Organisation's Doha Round, the FTAs with Asean in goods as well as in services and investment is expected to further help the integration of the Indian economy into the global economy. The pact with Asean also presents India with an opportunity to revive its own GDP growth.

For all the right statements and claims of the unbreakable, iron-clad relationship between Beijing and Islamabad, there was very little substance to Sharif’s trip.

China has considerably increased its investments in Pakistan. Given Pakistan's fragile IMF dependent economy, the idea of an economic rationale behind the substantial Chinese investments seems far-fetched.

India’s robust economy has tremendous potential. But for sustained economic growth, it needs direct access to the Eurasian markets, backed by reliable, resilient, and diversified supply chains. Indeed, enhanced connectivity with Central Asia and the wider Eurasia is essential to promote regional stability and unlock economic opportunities for all countries in the region. This paper analyses the status of the key connectivity projects in the reg

Fixers aka political managers abound because they thrive in an artificially scare economy where votes are a premium

Urban inequality is a blight experienced by many cities, even in the developed world.In developing countries like India, these social and economic inequalities become even morepronounced, with living conditions in certain populations crossing the line to the abysmal. Inthese cities, agencies responsible for addressing welfare concerns are unable to do so, as theythemselves grapple with a host of challenges. This paper argues that any positive tra

Hate speech, law and order, and mass panic are realities India's states have been living with for years. It would appear that, in dealing with free expression on the internet, India's politicians seem to err on the side of control. Perhaps the next election is not just about the economy, but equally about the Indian citizens freedom of expression and freedom from control.

Global debate on the loss of social protection benefits in a platform economy does not apply in the Indian context and need is for Uber to devise some plan

Social protection is crucial in tackling extreme poverty and ensuring equitable development, thus catalysing the transition to a more stable and robust economy. About 50 percent of India’s economy hinges on its informal workers, who comprise 90 percent of the country’s total workforce. Yet, these informal workers continue to be excluded from current social-protection schemes, leaving them with no social or financial safety net and trapping th

Like Europe interlinked themselves and how it has benefitted their economy as a whole, Dr. Muhammad Hasan Mahmud, a former Minister in Sheikh Hasina Cabinet, thinks the same kind of integration could be done between India and Bangladesh and the whole of South Asia.

The tiny nation's economy has become yet another victim of the protracted ethnic conflict between Tamils and Sinhalese. This week, Standard and Poor credit rating agency has downgraded the rating of Sri Lanka from 'stable' to 'negative' reflecting concerns about the weak fiscal consolidation efforts and the unfavourable trends evident in the country's debt profile.

The recent South Korea-EU FTA (or the KOREU FTA) is more of a steal for the Koreans than the Europeans. While it will have a 0.08 per cent impact on the European economy, it will have a 0.84 per cent impact on the Korean economy.

South Korea’s Indo-Pacific strategy, released in December 2022, highlights the country’s willingness to engage with the Indo-Pacific concept, shedding the ambiguity of the earlier stance under President Yoon Suk Yeol’s predecessor. This policy step up recognises emerging geopolitical trends that require South Korea to engage with new territories previously overlooked in its strategic radar, such as the Indian Ocean Region (IOR). This brief

A spurt in domestic demand can prove to be the most important impetus for growth of the Indian economy in 2015-16. Then India will not have to be reliant entirely on export led growth. China is also following this strategy as its dependence on the global economic forces have gone beyond its control.

Delhi, India's national capital, has long been the subject of a quandary: Should it be granted full statehood, or maximum autonomy commensurate with its megalopolis status? is paper takes a tour of select national capitals to understand how other nations have arranged their governance and handled competing jurisdictions and functions. Lessons are drawn from this examination of other capitals, and recommendations are put forth towards a more sensi

The COVID-19 pandemic has disrupted the formal schooling system in India, as it has across the globe, causing massive pressure on the online education sector. This paper analyses the state of digitalised education in India. It outlines current government guidelines on digital-mode schooling, and uses the case of Maharashtra’s five-year-old efforts at digitalising government schools to gauge preparedness for implementing the guidelines. It highl

India can offer an alternative model aligned with the “open economy, freedom, democracy” matrix, if it can boost its tax to GDP ratio to generate the resources required for sharing growth.

A city goes through several stages of evolution from being an aggregate of activities and population to developing its own identity as an economic and cultural hub. In the context of urban management, the evolution of a city is seen in its ability to think for itself in terms of resource sustainability and dynamic infrastructure needs. Coimbatore, the second-largest city in the state of Tamil Nadu, has gone through various stages of economic evol

With a $4-trillion economy and laudable efforts at lifting 300 million people out of poverty, China today appears more socially cohesive than before.

When India liberalised its economy more than 25 years ago, many believed that the end of the ‘licence raj’ would reduce, if not eliminate, private and political corruption. However, this change did not occur, and corruption continues to haunt and define India’s political landscape.

Relations between India and the Central Asia Republics (CARs) have matured over the past three decades, primarily in the areas of military technology, defence, counterterrorism, and economy, and culture. Following the Taliban’s return to power in Afghanistan and the resultant security, geostrategic, and geoeconomic challenges, India and the CARs must aim to strengthen their ties. This brief assesses the evolving situation in Afghanistan

Sadly, legislation, in democracies, is strongly influenced by political economy which dilutes technical good sense

As industries slowed to a near halt in 2020 due to the COVID-19 pandemic, the digital economy received a boost—especially from consumers forced to rely on virtual means to meet their needs. Businesses turned to the virtual workspace, adopting new productivity tools to retain their workforce. This brief studies the case of Africa, where tech played a role in pandemic response, and e-commerce players reported increases in orders and custo

The 20th Party Congress of the Communist Party of China (CPC) in October 2022 and the subsequent leadership reshuffle gave a new mandate to a ruling elite that will sit at the helm till 2027. It happened at a time when the CPC is facing strong headwinds, among them a tech war with the United States (US) and a downturn in the domestic economy as a result of President Xi Jinping’s ‘zero-COVID-19’ policy. The CPC saw the protests that ensued a

India can proposition an Aadhaar-based alternative — one that is seen to be a ‘privacy first’ solution that lets governments retain jurisdiction over their data, while allowing indigenous enterprises to flourish.

Unlike in other regions of the world, the value of intra-Africa trade has remained low over the years. Moreover, Africa accounts for just 2 percent of global trade. In 2021, African countries launched the African Continental Free Trade Area (AfCFTA), which aims to create a single African market for the free movement of goods, services, labour, and capital, and increase intra-African trade. AfCFTA may be able to provide Indian firms and in

Russia’s move to reject production cuts is driven by its strategy of denying market share to U.S. shale producers

This Issue Brief aims to deconstruct the Centre-State fiscal relationship by describing the current status quo and the criticisms. It gives recommendations to correct and update the relationship such that it reflects the changed fiscal structure of the country, its States and its people.

Bhutan has historically maintained a neutral relationship with China, to its north, and a more special relationship with India, whose states border its west, east, and south. Over the past two decades, however, many factors are forcing Bhutan to settle its longstanding territorial disputes with China and diversify its relations. These factors include its own changing economy and transition from an absolute monarchy to a democracy, a gener

Despite a seemingly endless supply of and demand for private credit, the rapid expansion of the market has been a cause of concern for some regulators and executives. Should investors be worried? This brief explores certain aspects of private credit that warrant a close look—including the retailisation of the market and the current interest rate environment. It highlights the implications for financial stability, including the potential for fin

This study discusses three major mega free trade agreements (the TPP, TTIP and the RCEP) and attempts to develop a strategy for India to navigate the repercussions engendered by these groupings and thereby safeguard India?s trade and sustain its economic growth.

The Indian government’s “Smart Cities Mission” aims to drive economic growth and improve quality of life through “smart” solutions for the delivery of infrastructure and services. This is expected to transform living spaces, enhance quality of life, and provide employment opportunities, in turn helping reduce crime rates and promoting law and order. Among the challenges to the “Smart Cities” programme is terrorism—especially in ur

Eleven million people in Afghanistan are experiencing food insecurity, and 97 percent of the country’s population are on the brink of universal poverty by mid-2022. Every year, about 250,000 people suffer the devastating impacts of environmental disasters such as floods, droughts, avalanches, landslides, and earthquakes. The circumstances are climacteric, as agriculture is the biggest livelihood provider in the country and influential in its ec

Young people across the world today are facing multiple challenges: lost school years due to the pandemic-induced lockdowns, the looming climate crisis, increasingly dangerous virtual spaces, and food and energy security concerns triggered by the Ukraine-Russia conflict. This paper analyses the challenges facing the youths of the Commonwealth, where 60 percent of the combined population are under 30 years old, and explores the investments require

India is increasingly vulnerable to cyber attacks that range from intrusions that affect the integrity of data to large-scale attacks aimed at bringing down critical infrastructure. This vulnerability is largely a function of India's digital economy, which is a "net information exporter" that relies heavily on devices manufactured outside the country. Another complicating factor is the density of India's cyberspace, which does not permit a unifor

The Maghreb, often considered part of the Arab world, straddles the Euro-Mediterranean region, Sub-Saharan Africa, and the Arabian Peninsula—a location that has given it a distinct history, political landscape, economy, and development trajectory. It is also emerging as an arena for great-power contestations, and is rich in natural resources critical for green transition. Historically dominated by former colonial powers, the countries in the re

The Eastern Corridor is a crucial highway for global trade flows, where any disruption could severely affect the global economy. The route comprises some of the world’s most vulnerable Sea Lanes of Communication (SCLOs), with potential flashpoints such as the South China Sea. For years, these SLOCs have been characterised by tensions in South Asia and Southeast Asia; the more recent years are seeing a heightening of both intent and capacity for

Understanding the importance of peace has been accorded high priority in many religions, such as Hinduism, Jainism, Buddhism and Sikhism. In recent years, many economists have realized the monetary value of peace. Peace is a pre-requisite for the development of infrastructural facilities like education, health, roads, irrigation, power and communications.

After a brief discussion on the uneasy relationship between Regional Trade Agreements and the WTO, the implications of the “deep” integration that the EU is seeking with India are discussed, and the respective positions, interests and concerns of the partners in the long drawn out negotiations are examined. The challenges for India in plunging into such “deep” territory, unprecedented in its history of bilateral or multilateral negotiatio

An imprisoned Imran Khan directing street protests is a thorn in Pakistan army’s side. The political instability deepens Islamabad’s ‘polycrisis’

The adoption of digital payments has risen exponentially over the past decade in many countries including India and those in the African continent. In India, the growth has run parallel to rapid mobile penetration, aided by initiatives like Aadhaar, the Unified Payments Interface (UPI), and IndiaStack, as well as the unintended push factor created by demonetisation in November 2016. This brief discusses the landscape of fintech—‘finan

The rapid growth in military cyber capabilities of the countries in the Indo-Pacific combined with the use of assets from the cyberwarfare toolbox—in domestic and interstate contexts—is adding uncertainty to already competitive political, military, and economic relations. This issue brief assesses the cyberwarfare context in the Indo-Pacific, and reviews the military cyber capabilities of the region’s countries and their commitment to inter