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India has moved on from the non-aligned strategy followed earlier. The recognition of Indiau2019s economic prowess, stability, and potential is finally recognized as the world looks at a u201cChina plus oneu201d policy.
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Foreign Economic Policy of Rising India 1
1 MULTI-ALIGNED APPROACH Series of parallel relationships Multilateral partnership seeking for common goals For economic equity, security and targeting existing threats Through BRICS, SCO, INSTC and QUAD groupings. • • • • 2 * Interested in making an impact in the public policy sphere? LEARN MORE
2 GLOBAL RECOGNITION OF INDIA’S POTENTIAL Fastest growing economy Trading with more than 192 countries Largest receiver of remittances • • • 3 * Interested in making an impact in the public policy sphere? LEARN MORE
3 POLICY OF NEOLIBERALISM India favors & advocate free trade FTA's with more than 30 countries Policy of Globalization and interdependence Single Window Clearances with fast trac • • • • 4 * Interested in making an impact in the public policy sphere? LEARN MORE
4 INDIA’S SELF-RELIANCE Make in India and Atmanirbhar Bharat focusing on self-reliance Developing economy of scale and international specialization Promoting goods and services in global supply chain • • • 5 * Interested in making an impact in the public policy sphere? LEARN MORE
5 5-TRILLION-DOLLAR ECONOMY Target of $5 trillion economy and global powerhouse by 2024-25 With diversification of economy and adoption of technology to streamline the supply chain Focusing on renewable energy for energy security and reducing the energy imports • • • 6 * Interested in making an impact in the pubic policy sphere? LEARN MORE
Liberalism is the trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear. ~William E. Gladstone 7 Interested in making an impact in the public policy sphere? LEARN MORE
Thank You 8 * Interested in making an impact in the public policy sphere? LEARN MORE