IMPRI

IMPRI

IMPRI, a startup research think tank, is a platform for pro-active, independent, non-partisan and policy-based research. It contributes to debates and deliberations for action-based solutions to a host of strategic issues. IMPRI is committed to democracy, mobilization and community building.
  • Joined: October 30, 2020
  • Articles: 2410

India’s Geoeconomic Strategy for Trump 2.0: Adapting to Trade Dynamics in 2025

As nations navigate significant disruptions and realignments, 2025 is a crucial year for global economics. The re-election of Donald Trump has brought a resurgence of global trade protectionism, creating substantial volatility in international markets. During his first term, Mr Trump focused on “America First” policies, implementing tariffs, trade restrictions, and stricter visa regulations that had a notable impact on sectors such as information technology (IT) services, textiles, and pharmaceuticals—key drivers of India’s gross domestic product (GDP) and employment. In fact, the prospect of tighter H-1B visa rules poses a serious challenge to the IT industry, which relies on US markets for nearly 60 per cent of its revenue.

Could Stronger Leadership by Manmohan Singh Have Prevented the Rise of the Right?

Glowing tributes are being paid to Manmohan Singh. Not only it is an Indian tradition to praise the departed, but much has changed since he demitted the prime ministership following the rout of the Congress in 2014. The United Progressive Alliance (UPA)-II headed by him was characterised by policy paralysis and non-performance and that was exploited by the BJP and Narendra Modi. But today, Singh comes across as a democrat and the contrast with the present times is stark.

Advancing Free Trade Through AITIGA Reforms

The Association of South East Asian Nations (ASEAN)-India Trade in Goods Agreement (AITIGA) was signed and entered into force on January 1, 2010. The AITIGA (also known as ASEAN-India FTA) was a culmination of a series of efforts by both ASEAN member-States and India to ameliorate their ties. After completing a decade of the AITIGA in 2019, ASEAN and India mutually decided to review the agreement through consultations. While attending the 20th ASEAN-India Summit in 2022 at Jakarta, the Indian Prime Minister emphasised the need to complete the AITIGA in a time-bound manner.

Manmohan Singh: Pioneering India’s Global Growth and Digital Transformation

It is conventional wisdom to hail Manmohan Singh as the author of India’s economic reforms. This is misconceived. That credit goes to PV Narasimha Rao. Only a prime minister can strategise and execute a paradigm shift in the nation’s economic policy. He would need a number of technocrats to carry out that job intelligently, and Manmohan Singh, as Rao’s finance minister led a team of able technocrats, among whom we should note the likes of Montek Singh Ahluwalia, Shankar Acharya and C Rangarjan at the Reserve Bank of India (RBI), India’s central bank. To call Manmohan Singh the author of economic reforms is like saying that contract manufacturers Foxconn and Pegatron make the iPhone, and not Apple.

Talk to Us