Author: India Writes Network

Indo-US détente: Beyond economics?

- by India Writes Network

While India and the US might achieve breakthroughs in the economic realm, the story of geopolitics seems to be more challenging.
The most important aspect of the relationship is the American recognition that India’s success and transformation towards a more prosperous society is in America’s interest, and India’s emergence as a major and prosperous power requires a closer relationship with the US both in the security and economic realms. As Senator McCain states, “Ultimately, this strategic partnership is about India and the US placing a long-term bet on one another – a bet that each of us should be confident can offer a big return.” The countries might have divergent perspectives, but their visions and commitment to a liberal international world order, and a rising Asia that is stable with no single power exercising disproportionate influence, do not conflict. This should be the dominant idea taking the relationship forward, as it did during the civil nuclear agreement, after which this central story line got blurred.

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India says it has terror deterrence, asks region to benefit from India growth story

- by India Writes Network

Projecting India’s growth story as a binding economic force for the region, India has said that it would like to resolve all issues through dialogue with Pakistan, but has underlined that it will have an effective deterrence to deal with terrorism.

“We would like to resolve our problems through negotiations, through talks. I don’t think of any problem that cannot be resolved through negotiations,” National Security Adviser Ajit Doval said at the Munich Security Conference, organised by the Delhi-headquartered think tank ORF, in New Delhi.

“But on the other hand, India would like to have an effective deterrence to deal with terrorism,” Mr Doval said against the backdrop of escalating tensions over recent ceasefire violation by Pakistan.

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India’s FDI dreams

- by India Writes Network

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.

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Celebrating Indian diaspora, in London

- by India Writes Network

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.

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