The financial system plays an important role in mobilizing savings, allocating capital in the economy, monitoring corporations, providing liquidity, helping individuals and firms manage risks, facilitating payments, and other economic functions.
Before India’s political scene got so intensely polarized, there was a time when the Opposition celebrated the government’s national security achievements. It also offered close scrutiny of government policies on science and technology.
The responsiveness of laws and policies to citizens’ preferences and conduct, has been the central theme of extensive literature focusing on political science and administrative law.
Prospects for a sensible neighborhood policy can’t rest solely on having single-party governments at the center and ‘responsible’ chief ministers in the border states. India needs a measure of political consensus on regional policies.
The Bangladesh crisis makes clear that no subcontinental crisis is ever just a subcontinental affair. There will invariably be wider geopolitical forces which will impinge on the way that the subcontinent acts.
As countries debate an emerging security architecture in the Indo-Pacific, a key area is missing from the discussion: the role of islands. Much as they did in the past, islands will come to play a critical role in shaping the new order in the Indian Ocean region.
New Delhi’s efforts should be geared toward getting China to yet again calibrate its approach to India and Pakistan.
The national security establishment must extend full support to the Election Commission in fending off many likely threats to the integrity of the elections and help raise the awareness of the political class on the new dangers of the digital age.
While New Delhi and Tokyo have identified regional cooperation across the Indo-Pacific as a major objective of their bilateral partnership, cooperation with ASEAN remains at the heart of their Indo-Pacific approach.
The election is a good opportunity for the BJP and the Congress to debate the changing international situation, potential Indian responses, and the much needed reform in India’s defense and national security system.