Category Centres

Supreme Court Decision on Demonetization

A flawed process led to erroneous policy which is counterproductive and which resulted in not only damage to democracy but to huge adverse impact on the public, especially the poor. The process by which a policy is arrived at, also determines the outcomes. Can it then be said that the process was legal, even if formally, so the achievement of the objectives does not matter? The Supreme Court’s majority judgment on demonetization is based primarily on the premise that demonetization had a `reasonable nexus’ with the objectives sought to be achieved.

Surge in Global Arms Sales: Who is the Prime Gainer?

A significant shift away from the world’s major weapons-producing region is underway, with impressive gains for China and to an extent India. The world witnessed a significant surge in arms sales from countries in the Asia-Oceania region in 2021. Despite supply-related disruptions due to the Covid-19 pandemic, arms sales by the 100 most important weapons manufacturing companies stood at $592 billion, representing an increase of 1.9 percent from 2020.

Rising India & the Way Forward in 2023

n December 2022, the World Bank revised upwards its GDP growth forecast for India to 6.9 percent for 2022-23, underlining the fact that the Indian economy was showing higher resilience to global shocks. This economic trajectory of India also gives India a distinct place in global politics today. There is a reason why the West, despite its differences with India over Ukraine, has continued to substantively engage with New Delhi.

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