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ID:
144012
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Summary/Abstract |
It is time that India actually appreciates that the Bay of Bengal is strategically critical connecting the Indian and Pacific Oceans. India must back trans-border connectivity programme with political will. Through a more pro-active involvement in East and Southeast Asia India can emerge as a major actor in the Asia-Pacific and Southeast Asia region. This is paramount for India’s future economic development and strategic vision in the region. India’s economic diplomacy should be more ardent. India’s role is crucial in the changing economic architecture of the region.
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2 |
ID:
138370
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Summary/Abstract |
Dr. Jagdish P. Verma
The writings on the subject of Economic Diplomacy (ED) in the Indian context can be treated in two contrasting, but interrelated aspects through the history. One, India’s economic approach to the historical world order since Independence till the period of economic liberalisation, which coincided with the end of the Cold War. In this period India was largely being seen as one of the developing countries leaders advocating post-colonial just and equitable world order.
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3 |
ID:
138360
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Summary/Abstract |
The story of India's economic diplomacy has barely begun. For generations of Indians, the begging bowl has been an important symbol of Indian diplomacy. It is refreshing to see New Delhi now offer large credit lines across the world and help others make progress. To derive the full political benefits of economic diplomacy, the leadership will have to act decisively to break the old mind-set, which defines national security and trade policy in separate and narrow terms. If the Government can bring together the disparate strands of its economic diplomacy and give it bureaucratic coherence and political purpose, India would dramatically enhance its standing in the region and beyond in the coming years.
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4 |
ID:
138363
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Summary/Abstract |
The story of India's economic diplomacy has barely begun. For generations of Indians, the begging bowl has been an important symbol of Indian diplomacy. It is refreshing to see New Delhi now offer large credit lines across the world and help others make progress. To derive the full political benefits of economic diplomacy, the leadership will have to act decisively to break the old mind-set, which defines national security and trade policy in separate and narrow terms. If the Government can bring together the disparate strands of its economic diplomacy and give it bureaucratic coherence and political purpose, India would dramatically enhance its standing in the region and beyond in the coming years.
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5 |
ID:
144005
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Summary/Abstract |
A perusal of India’ s diplomacy reveals the fact that from the mid-1990s, India has slowly shifted away from its rigid opposition to service trade and finally by the mid-2000s adopted an aggressive pro-service liberalization posture and indulged in extensive economic engagements to bolster the image of India as a reliable economic partner. However, there is still room for improvement. A proactive, holistic and integrated approach should replace piecemeal efforts based on adhocism and hasty negotiations to enjoy the perceived benefits. Given the context of enormity of challenges involved, pursuit of matured economic diplomacy is the need of the hour.
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6 |
ID:
144011
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Summary/Abstract |
In what follows is that the new FTP 2015-20 includes various new initiatives, provisions and procedures to provide better condition and ease in foreign trade. It sets the objective to achieve or increase the annual level of the country’s export to 900 billon dollar by 2020. In totality, it makes all plan and procedure to improve our foreign trade. But how far would it be implemented with proper governance is not clear so far.
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7 |
ID:
144004
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Summary/Abstract |
Because of the geographically proximity, shared common history and cultural affinity India and Central Asia are considered natural allies. There is interest today on both sides to strengthen economic cooperation, which would also deepen our overall relationship with the Central Asian states. India's policy towards Central Asia has been ad hoc in nature and reactive rather than taking a pro-active stance toward developments.
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8 |
ID:
138367
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Summary/Abstract |
More than any other dimension of India’s foreign policy, India’s economic dynamism is spawning debates and deliberations regarding the trajectory of India’s rise as a regional power and a global power of some reckoning. The election of Prime Minister Narendra Modi and his ‘Make in India’ campaign and the emphasis given to economic ties with the major powers, have elevated economic diplomacy as the cornerstone of India’s foreign policy. Economic diplomacy, like all other forms of state apparatus, is intended to promote India’s national interest. And, the new government under Prime Minister Modi’s leadership has laid out a competent blueprint of a rejuvenated economic diplomacy. Only time will tell if the blueprint is effectively implemented, concretizing India’s growth trajectory in the comity of nations.
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9 |
ID:
138377
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Summary/Abstract |
Central Asia emerges as the new centre of Great Game in the 21st century after collapse of the erstwhile Soviet Union because of its enviable strategic location and most importantly, its abundant natural and energy resources. India still faces geographic constraints to significant cooperation with Central Asian states. Central Asia has become the geo-political and geo-economic hotspots for the great powers.
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10 |
ID:
144006
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Summary/Abstract |
India is a country of enormous prospects in the field of economics, commerce and trade and many more things. The irony is that India itself does not recognise it. It is like a sleeping lion. The time has come for the lion to awaken and very rightly so the Prime Minister’s flagship programme of ‘Make in India” is symbolised by the lion. With the programme like skill development it is hoped that India will transform its vast army of young population into a productive human resource and a parallel to the IT sector will emerge which can contribute in a huge way to the GDP.
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11 |
ID:
144019
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Summary/Abstract |
There is no gainsaying the fact that India is emerging as a leading economic power. Economy picks up pace and poverty continues to decrease. India grew 6.3 per cent per annum during 1988-2006 and has registered stupendous annual average of more than 7 per cent since 2006.
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12 |
ID:
144015
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Summary/Abstract |
Both the regions had historical and civilizational bonds and enjoyed good economic ties. But these economic ties had frozen on account of colonial dynamics for an extended period. With the breakup of Russia, the Central Asia has emerged on the geopolitical landscape. Since then, both India and Central Asia are having good political relations, but the economic ties including trade and investment are at the lowest level despite the launch of several policies. The Modi government took over the reins in 2014.
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