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India's Foreign Trade will lead to Global economic Order

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.

An International Perspective on India’s Debt Profile

This column examines India’s total nominal debt to nominal GDP ratio in the first quarter of 2022 from various segments from an international perspective. The debt analysis is not confined to the general government sector debt, as is often the case, but also includes household and corporate sector debt.
Copy of Copy of IMPRI Insights Poster 16 1

India lends helping hand to Sri Lanka

Harsh V. Pant Finally, the President of Sri Lanka, Gotabaya Rajapaksa, spoke, and he spoke under duress. After months of refusing to take decisive measures to stem the tide of impending economic and political collapse, the people of Sri Lanka…