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  • Home
  • About RSIS
      • Introduction
      • Building the Foundations
      • Welcome Message
      • Board of Governors
      • Staff Profiles
        • Executive Deputy Chairman’s Office
        • Dean’s Office
        • Management
        • Distinguished Fellows
        • Faculty and Research
        • Associate Research Fellows, Senior Analysts and Research Analysts
        • Visiting Fellows
        • Adjunct Fellows
        • Administrative Staff
      • Honours and Awards for RSIS Staff and Students
      • RSIS Endowment Fund
      • Endowed Professorships
      • Career Opportunities
      • Getting to RSIS
  • Research
      • Research Centres
        • Centre for Multilateralism Studies (CMS)
        • Centre for Non-Traditional Security Studies (NTS Centre)
        • Centre of Excellence for National Security (CENS)
        • Institute of Defence and Strategic Studies (IDSS)
        • International Centre for Political Violence and Terrorism Research (ICPVTR)
      • Research Programmes
        • National Security Studies Programme (NSSP)
        • Studies in Inter-Religious Relations in Plural Societies (SRP) Programme
      • [email protected] Newsletter
      • Other Research
        • Future Issues And Technology (FIT)
        • Science and Technology Studies Programme (STSP) (2017-2020)
  • Graduate Education
      • Graduate Programmes Office
      • Overview
      • MSc (Asian Studies)
      • MSc (International Political Economy)
      • MSc (International Relations)
      • MSc (Strategic Studies)
      • NTU-Warwick Double Masters Programme
      • PhD Programme
      • Exchange Partners and Programmes
      • How to Apply
      • Financial Assistance
      • Meet the Admissions Team: Information Sessions and other events
      • RSIS Alumni
  • Alumni & Networks
      • Alumni
      • Asia-Pacific Programme for Senior Military Officers (APPSMO)
      • Asia-Pacific Programme for Senior National Security Officers (APPSNO)
      • SRP Executive Programme
      • Terrorism Analyst Training Course (TATC)
  • Publications
      • RSIS Publications
        • Annual Reviews
        • Books
        • Bulletins and Newsletters
        • Commentaries
        • Counter Terrorist Trends and Analyses
        • Commemorative / Event Reports
        • IDSS Paper
        • Interreligious Relations
        • Monographs
        • NTS Insight
        • Policy Reports
        • Working Papers
        • RSIS Publications for the Year
      • Glossary of Abbreviations
      • External Publications
        • Authored Books
        • Journal Articles
        • Edited Books
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      • Policy-relevant Articles Given RSIS Award
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    • RSIS
    • RSIS Seminar by Dr Sanjaya Baru, Visiting Senior Fellow, RSIS; and Distinguished Fellow, United Service Institute of India

    RSIS Seminar by Dr Sanjaya Baru, Visiting Senior Fellow, RSIS; and Distinguished Fellow, United Service Institute of India

    Recent Domestic and Foreign Policy Developments in India

    21 Feb 2017 15:30 - 17:00
    The KeyPoint, Blk S4, Level B3
    Office Attire
    Type: Lectures / Seminars
    Public
    For Enquiries: [email protected]
    Google Calendar

    Lecture Abstract:

    In 2015-16 India became the world’s ‘fastest growing large economy’ with national income recording a growth rate of 7.5 per cent. One consequence of an improvement in GDP growth rate has been the improvement in most other macro-economic parameters. The fiscal deficit of the central government, current account deficit and debt-GDP ratios have all shown an improvement. However, the decision of the Narendra Modi government to remonetize high value currency notes withdrew over 80 per cent of purchasing power from the economy in mid-November, with new currency notes being replaced slowly. This cash squeeze has reduced both consumption and investment demand, with the economy expected to slow down by 0.5 to 1.0 percentage points. The focus of the government’s recent policy has been to revive both consumer and investment sentiment. What policy options are available to the government to restore momentum to the economy?

    Year 2017 began with uncertainty on the economic front as well as on the political and foreign policy fronts. The election of President Donald Trump, the Brexit vote in UK, China’s growing assertiveness in India’s neighbourhood have contributed to this sense of uncertainty on the foreign policy front, while the likely weak performance of the ruling Bharatiya Janata Party in five state elections, being held through the month of February, has generated new uncertainties on the political, hence policy, front. What are the options for the Modi government in navigating its’ way through this phase of geopolitical and political uncertainty?

     

     

    About the Speaker:

    Sanjaya Baru is Distinguished Fellow, United Service Institution of India. He was Media Advisor and Spokesperson of Prime Minister Manmohan Singh (2004-08). He has been Editor, Economic Times, Financial Express & Business Standard (1992-2004 & 2009-11). He was Visiting Professor, Lee Kuan Yew School of Public Policy (2008-09) and Director, Geo-economics & Strategy Programme, International Institute of Strategic Studies (IISS). He was a member of India’s National Security Advisory Board (1999-2001) and of the ASEAN-India Eminent Persons’ Group (2011). His books include Strategic Consequences of India’s Economic Performance; The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh; India and the World: Essays on Geo-economics and Strategy; & 1991: How P.V. Narasimha Rao Made History.

     

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    RSIS Seminar by Dr Sanjaya Baru, Visiting Senior Fellow, RSIS; and Distinguished Fellow, United Service Institute of India
    Lecture Abstract: In 2015-16 India became the world’s ‘fastest growing large economy’ with national income recording a growth rate of 7.5 per cent. On ...
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