Other Briefings
Balancing Climate Change and Economic Growth in India
On November 2nd, the International Panel on Climate Change (IPCC) released a report to the United Nations indicating that India is one of the most vulnerable countries to the effects of climate change. In this article, we discuss how Narendra Modi can balance climate change reform with the country’s economic targets.
India Challenges China with Border Road
Old tensions resurfaced between India and China when the Indian government unveiled plans to build a mountain road along the disputed Himalayan border earlier this month. Chinese authorities have express concern over the move, but India has more leverage than ever before.
Trade Talks with Finland to Enhance India’s Renewable Energies Sector
India and Finland are set to sign a number of agreements this week in order to boost cooperation in several key industries. Finland’s status as a knowledge-based, clean technology economy is understood to be the main motivator behind the slew of deals, with India keen to reduce its carbon emissions.
Ministry of Finance to Implement New Monetary Policy by New Year
India’s Ministry of Finance has announced a new monetary policy framework to be put in place by the New Year. With details expected by December, the plans represent another attempt by India’s Finance Minister Arun Jaitley to reign in the Reserve Bank of India’s (RBI) control over the country’s monetary policy.
Domestic Firms Head Investment Rush in India’s Fastest Growing State
A multitude of Indian companies have this week announced plans to invest in Madhya Pradesh, India’s fastest growing state. The announcements arrive on the back of new Madhya Pradesh policies to shift from an agriculture-based economy to an industry-based one, and will provide a boost to employment opportunities.
Modi Promises Further Reform at Madison Square Garden Event
During an event in New York, Indian Prime Minister Narendra Modi has said India will soon streamline its business visa regulations, creating a system that is far easier to navigate. He further added that the country’s democracy, demographic dividend and demand set it apart from others and will help boost economic growth in the future.
India’s Finance Ministry Pledges Fiscal Deficit Target Will Be Met
India’s Finance Ministry has this week promised that measures are being taken to help reduce its fiscal deficit. Finance Secretary Arvind Mayaram believes that, due to improved GDP growth, the government’s target to bring the deficit down by 4.1 percent by the end of the financial year is still well within sight.
India Signs Long Awaited Services and Investments FTA with ASEAN
India has formally signed an eagerly anticipated free trade pact in services and investments with the 10 nation ASEAN bloc. When combined with the previous 2009 agreement in goods, the deal will become a comprehensive economic partnership between India and the 10 nation ASEAN bloc.
