The Foreign Economic Policy of A Rising India - PowerPoint PPT Presentation

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The Foreign Economic Policy of A Rising India

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Post independence, industry and infrastructure were virtually non-existent. The government had to intervene in business by walking a tightrope. The emphasis was on encouraging exports and controlling or substituting imports. – PowerPoint PPT presentation

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Title: The Foreign Economic Policy of A Rising India


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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.

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GLOBAL RECOGNITION OF INDIA'S POTENTIAL
Fastest growing economy Trading with more than
192 countries Largest receiver of remittances
INDIAN SCHOOL OF PUBLIC POLICY
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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
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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
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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
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Liberalism is the trust of the people tempered by
prudence. Conservatism is distrust of the people
tempered by fear. William E. Gladstone
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Thank You
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