Billions of dollars in Foreign Direct Investment (FDI) have been assured to India thanks to Prime Minister Modi’s successful foreign tours and the visit of Chinese President Xi Jinping. Hopefully countries with more wealth and technology than us will help us create jobs. But in his efforts at gathering FDI, the Prime Minister is not any different from the previous government which also staged many road shows with union and state ministers, politicians and even the prime minister going abroad to woo foreign investors.
Everyone knows the advantages of FDI, but there are disadvantages also. One has to remember that FDI in the past has been capital intensive and not labour intensive. Foreign companies tend to use more technology to retain their competitiveness and flexibility than go for hiring more workers. Most are afraid of encountering labour problems. Millions of jobs, however, are needed in India and therefore there has to be a policy of encouraging labour intensive FDI. In mining industry, there is a danger of FDI harming the environment in their extractive manoeuvers. Hence India has to study carefully what kind of FDI it wants.
India’s Prime Minister Narendra Modi won’t be present when the eighth Regional Pravasi Bharatiya Diwas (RPBD) convention kicks off in London, on October 17. But his shadow will certainly loom large in a gathering of hundreds of members of the Indian diaspora in the British capital.
Forging a closer bond with the Indians diaspora isn’t the only objective behind holding RPBDs across the globe. The intent also is to strengthen bilateral ties with the country where a RPBD is held. Fittingly, the London convention will be jointly inaugurated by India’s Minister for External Affairs and Minister for Overseas Indian Affairs, Sushma Swaraj, and British Foreign Secretary Philip Hammond.
Mr Modi’s keenness to engage with the diaspora was also evident when he, as the Gujarat chief minister, proposed that the 2015 Pravasi Bharatiya Divas be held in Gujarat to mark the 100th year of Mahatma Gandhi’s return from Africa. His dream became reality after he was sworn-in as PM. His state’s capital, Gandhinagar will host the event next January.
The thirty-three countries of Latin America and the Caribbean (LAC) present a diverse and complex diplomatic challenge. Geographic distance is complicated by a comparative lack of historic, cultural/linguistic, and diaspora connections that India shares with almost all other regions, in greater or lesser measure. We justifiably nurture the bond with Indian origin communities in the Eastern Caribbean. We need now to concentrate on Latin America, five times the size of India, with 600 million inhabitants enjoying a per capita income over US$ 11,000. Select Indian circles are aware of the region’s massive resource base of energy, minerals, arable land and biodiversity.
Working in the snow-bound, harsh and hostile environs of the Svalbard archipelago of Norway and focusing on Arctic research, five Indian scientists had an usual⋅⋅⋅
Pakistan’s insidious attempt to internationalise the Kashmir issue got a fitting rebuff from the UN which has made it clear that India and Pakistan should⋅⋅⋅
The new government’s policy of greater engagement and cooperation with India’s immediate neighbours can pave the way for solving some of the vexed boundary disputes⋅⋅⋅
In May 1998, India conducted five nuclear tests at Pokhran and declared itself a state armed with nuclear weapons. It later emerged that these weapons⋅⋅⋅
The unprecedented floods in Jammu and Kashmir (J&K), have wrecked havoc and led to widespread loss of life and damage to property. While the focus⋅⋅⋅
The United Nations will turn 70 in 2015. But the world body is increasingly looking like a relic of the past and is badly in need of reform to stay relevant amid the ceaseless flux in geopolitics in the 21st century. Amid the defining shift of power from the west to the rest and the emergence of India on the global stage, the case for the reform and expansion of the UN Security Council has become all the more urgent. In his maiden address at the UNGA, India’s Prime Minister Narendra Modi made a robust pitch for reform of the UNSC to “make it more democratic and participative.” “Institutions that reflect the imperatives of 20th century won’t be effective in the 21st century. The world in the 21st century has changed and will be changing at a faster pace. It becomes imperative that we formulate according to the changing times and new ideas of 21st century to sustain our relevance,” Mr Modi told delegates at the 69th session of the UNGA.
In this free-wheeling interview with Manish Chand, Editor-in-Chief of India Writes Network (www.indiawrites.org) in New York, India’s Permanent Representative to the UN Asoke Kumar Mukherji speaks about India’s strategy for accelerating the reform of the UNSC, the enthusiastic support for India’s candidature for a permanent seat in the powerful council and the way ahead on Prime Minister Modi’s initiative to get the UN to designate an International Yoga Day.
India’s Prime Minister Narendra Modi’s visit to the US will put the spotlight on the growing profile of the about 3-million strong Indian-American community. Cutting across castes, provinces and religions, around 20,000-odd Indian-Americans will be travelling from all over America for the largest-ever civic reception in honour of the Indian leader at the iconic Madison Square Garden.
In this interview with Mr Manish Chand, Editor-in-Chief, India Writes Network, Ronen Sen, India’s former ambassador to the US, speaks glowingly about the multifarious success stories of Indian-Americans in their adopted homeland and their role as bridge-builders in bringing the two vibrant democracies together in an arc of intersecting national interests.
Prime Minister Narendra Modi’s August 30-September 3 visit to Japan is laden with great expectations and hopes of substantive outcomes, which can transform the geopolitical dynamics of Asia. In this conversation with www.indiawrites.org, Sanjaya Baru, a well-known commentator on foreign affairs and Senior Fellow, Centre for Policy Research, speaks about the unique character of India-Japan relations, Japan’s starring role in the development of India and his expectations from the forthcoming visit of Prime Minister Modi’s visit to Japan. Baru, the author of The Accidental Prime Minister and Director of Geo-economics and Strategy at the International Institute of Strategic Studies, predicts a robust future of India-Japan relations and underlines that Japan is and will be India’s all-weather friend in days to come.
India’s foreign trade has badly suffered since the beginning of the global financial crisis in August-September 2008. The subsequent shock of the sovereign crisis in⋅⋅⋅
On the day Chinese President Xi Jinping arrived in Gujarat on September 17, The Hindu newspaper published an op-ed called ‘Towards an Asian century of prosperity’ in which President Xi spoke of his country as the factory and India as the world’s back office, he referred to the new government in power bringing in new reforms. He spoke of deepened mutual trust by “strengthening strategic dialogue and enhancing political confidence.” The article was expectedly replete with bonhomie and optimism although India was not too happy being relegated to the back office. Nevertheless, Xi concluded by saying that he was “confident that as long as China and India work together, the Asian century of prosperity and renewal will surely arrive at an early date.” All this sounded wonderful.
hongkong-protestsong Kong is slated to have elections for the post of Chief Executive (CE) in 2017. However, there is a disagreement between sections of the Hong Kong civil society and Beijing on how these elections are to be conducted. In a nutshell, Hong Kong wants a free and fair democratic elections and not be told the list of candidates it can choose from. Beijing wants that it vets the final list of candidates, fearing probably a CE, who would be critical of government policies. Beijing’s desire to manage the political process in Hong Kong stems from the ‘one country two systems’ model whereby it continues to retain its influence.
Africa will herald one of the most radical demographic shifts of the century. Latest estimates indicate that by the end of the century, 40% of⋅⋅⋅
The first US-Africa summit ended on a high note, with US companies pledging investments worth $17 billion and President Barack Obama heralding Africa as a⋅⋅⋅
BOOK REVIEW Book: Land Where I Flee; Author: Prajwal Parajuly; Publisher: Quercus A caustic grandmother, a lovable eunuch, and four orphaned siblings returning home to Gangtok after⋅⋅⋅
In these 20 stories Rinjing Dorji narrates how Uncle Tompa gets the better of others through his trickery. The ‘others’ here are usually the rich, the foolish, the virtuous, and the stubborn. While tales of Uncle Tompa are very similar to those of other tricksters like the Persian Mullah Nusruddhin, or the American Cayote, Uncle Tompa’s stories differ because of the centrality of sex in his adventures.
The best thing about writing fiction is that moment where the story catches fire and comes to life on the page, and suddenly it all⋅⋅⋅
On Confidence You cannot sell your next book by underrating your book that was just published. Be proud of what you have. On Trust Trust⋅⋅⋅
For those of us living in India, crossing over casually is a distant dream. Even though India and Pakistan were one over six decades ago,⋅⋅⋅
Ecuador is probably the only country in the world named after a geographical feature – the equator. Crossing over from the Colombian border post near⋅⋅⋅