Category Insights

Insights, a blog published by IMPRI.

India’s Foreign Policy in the Context of NATO’s Expanding Reach

In a move that will have a significant bearing on the evolving global order, Finland on Tuesday joined the North Atlantic Treaty Organization (NATO) as its 31st member. Finnish president Sauli Niinisto suggested it was “a great day for Finland” and NATO secretary general Jens Stoltenberg called it a proud day for him and the alliance.

India’s Growing Influence on the Global Stage

In the last few days, global engagements have underscored the rapidly evolving balance of power in the international order. Chinese President Xi Jinping’s recent visit to Russia has sparked a lot of commentary about the implications of the two nations coming together in unprecedented ways. What had once seemed a distinct possibility to many is now fast becoming an indisputable reality that can no longer be ignored. The tectonic plates of global politics are shifting rapidly, and with it ushering in changes that have long been talked about, with many hoping against hope that they can be avoided. But a Russia-China axis is likely to bring a transformative effect on the international system. This cannot be denied.

India’s Foreign Trade Policy will lead the Global Economic Order

India’s desire to reconfigure the global balance of power is predicated on its ability to become an indispensable element in the global economic order. Thus, it is not surprising that the new foreign trade policy seems to shed the reticence of the past

Even as the global economic order continues to face multiple challenges that show no signs of abating anytime soon, the Indian economy has shown great resilience. It has come out of the Covid-19 pandemic in much better shape than most other big economies and its growth trajectory has maintained an upward trend despite problems emanating on the geopolitical and geo-economic front virtually on a regular basis. As the IMF has suggested, India continues to remain a relative “bright spot” in the world economy with the Indian economy alone contributing 15% of the global growth in 2023.

Pradhan Mantri Matsya Sampada Yojana: ‘Reform, Perform and Transform’ the Fisheries Sector

The fisheries sector is a direct source of livelihood for more than 20 million fishers and fish farmers and contributes INR 1.75 trillion annually to the gross value added to India's economy. Considering the present and upcoming growth and potential in the fisheries sector in India, PM Matsya Sampada Yojana scheme aims to bring the Blue Revolution through sustainable and responsible development in this sector. It also helps to modernise and strengthen the value chain, enhance traceability and establish a robust fisheries management framework, and, at the same time, ensure the socio-economic welfare of fishers and fish farmers.

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