looking beyond borders

foreign policy and global economy

Archive for the tag “Economy of India”

India, Rudderless

This foreign policy crisis is of India’s own making. Inability to put its own house in order has shattered the notion of India as an emerging global power. In the last five years, the government in New Delhi decimated economic potential, scaring domestic and foreign investors, and making the county hostile to private investment. The peculiar balance of power between the government and Congress Party ensured that Singh – who as finance minister under then Prime Minister Narasimha Rao, opened India’s doors to the outside world – became a party to stifling the Indian economy.

Read Here – YaleGlobal

David Cameron’s Bad Date in Delhi

Suddenly India is being wooed again. In the space of a few days, both François Hollande and David Cameron have turned up on its doorstep with palms outstretched in the search for business contracts. It will have come as a soothing balm to an Indian government facing increasing disillusion at home and growing cynicism on the part of investors abroad.

Read Here – The Guardian

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