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2. A Model Comprehensive MSME Policy for Indian States
- Author:
- Richard M. Rossow
- Publication Date:
- 11-2022
- Content Type:
- Special Report
- Institution:
- Center for Strategic and International Studies
- Abstract:
- Small businesses are the job-creating engines of any healthy economy. Having a supportive policy environment can help high-potential businesses accelerate. Creating such an environment is a shared responsibility of both the central government and India’s 28 states. Many state governments in India have piecemeal policies and programs to support micro, small, and medium enterprises (MSMEs). About one-third of India’s states have worked to craft multifaceted and supportive policies and practices to encourage MSME growth. This paper reviews the ideas already enacted in different Indian states, as well as in national and subnational governments around the world. Developing a single comprehensive MSME policy is an effective approach for a state-level government to consider. It allows small firms to find policy incentives and programs in a single place, and perhaps most importantly, it allows a state to directly consider a range of intertwined incentives that can work together. This will maximize the positive impact to small firms that are poised for growth. Facilitating the growth of MSMEs will have a much wider impact on India’s job growth overall. The large multinational manufacturers that India hopes to lure to invest through programs like Make in India require a diverse and efficient network of suppliers. Supporting MSME growth can create a multiplier effect—driving new investment and employment generation by larger firms. The central government has affirmed a 25 percent target of gross domestic product (GDP) for manufacturing, up from around 14 percent today. This white paper provides leading international examples in the promotion of small businesses, while also enumerating best practices from Indian states’ MSME policies. The final section lays out the 30 elements commonly utilized by Indian states to offer targeted assistance to MSMEs as a roadmap for other states that want to provide best-in-class policy interventions.
- Topic:
- Development, Economics, Business, and Job Creation
- Political Geography:
- India and Asia
3. The Indian Farmer Makes Her Voice Heard
- Author:
- Sandeep Kandikuppa and Pallavi Gupta
- Publication Date:
- 12-2022
- Content Type:
- Special Report
- Institution:
- East-West Center
- Abstract:
- In August 2020, thousands of farmers, mostly from Punjab, Haryana, and western Uttar Pradesh, gathered on the outskirts of India’s national capital, New Delhi, to protest the passage of three controversial “farm laws” perceived by these farmers as threats to their livelihoods and well-being. Though the farm laws would affect only a small percentage of India’s farmers, over the next 16 months the protests attracted participation from across the country, cutting across class, caste, gender, and religious identities. While the proximate driver seemed to be the farmers’ fear of losing legal protections against a collapse in the market price of their produce, broader economic, ecological, and social factors helped trigger the movement. The protestors employed several strategies that made their movement successful enough in pushing back against a hugely popular government to bring about a repeal of the laws the farmers objected to.
- Topic:
- Agriculture, Economics, Women, and Protests
- Political Geography:
- South Asia and India
4. Dealing with Coronavirus Pandemic in the Bay of Bengal Region
- Author:
- Prabir De
- Publication Date:
- 05-2021
- Content Type:
- Special Report
- Institution:
- East-West Center
- Abstract:
- The coronavirus has had a devastating impact on the health and economies of countries in the Bay of Bengal. India, Bangladesh, and Nepal are the region’s most affected countries in terms of COVID-19 cases and deaths, followed by Myanmar, Sri Lanka, and Thailand. It seems that Bhutan and Thailand, the least affected countries in the region, have successfully escaped the brunt of the pandemic. All these countries implemented strict lockdowns as early as March 2020, and the region’s recovery rates have been relatively high. However, the devastation from the pandemic did not reach its peak until after the lifting of lockdowns. The economic costs of the pandemic have soared and are still climbing. Today, most Bay of Bengal countries are facing a second or third wave of COVID-19 infections. India has been badly hit by a huge second Coronavirus wave, registered daily cases over 400,000 since Aril 2021. The damage being done by these additional waves is more intense than their predecessors. The Bay of Bengal countries are now looking for COVID-19 vaccines. India serves as the region’s primary producer of immunizations. Two Indian pharmaceutical companies have launched vaccines, with five more firms in the race to launch their own treatments. When vaccines are developed in India, they are easier to distribute across the region. In terms of availability, accessibility, and affordability, India’s vaccines are better suited to the needs of the region. In recent months, India has successfully supplied over 18 million doses of COVID-19 vaccines to many Bay of Bengal countries, with Thailand being a notable exception. India has also ensured more supply of the vaccines in the neighborhood.
- Topic:
- Economics, Health, Pandemic, and COVID-19
- Political Geography:
- Bangladesh, South Asia, India, Nepal, Thailand, Bhutan, and Bay of Bengal
5. Kashmir, India, and The United States: Does Economics Trump Human Rights?
- Author:
- Maya Mirchandani
- Publication Date:
- 06-2020
- Content Type:
- Special Report
- Institution:
- Georgetown Journal of International Affairs
- Abstract:
- The cauldron of conflict in South Asia has been bubbling since August 5, 2019 when the Hindu nationalist Bharatiya Janata Party (BJP)-led Indian government diluted the provisions of Article 370 of the Constitution of India, giving special status to the disputed state of Jammu and Kashmir, control over which remains at the core of the international dispute between India and Pakistan. Three of the four wars fought between India and Pakistan have been over Kashmir, and the separatist movement (backed by Pakistan) demanding independence has spawned the growth of both insurgent and terrorist groups waging war against the Indian state. India’s sudden, unilateral decision to withdraw Kashmir’s special provisions drew sharp reactions at home and abroad. The Indian government subsequently trifurcated the state, shut down the internet in Kashmir, and detained much of Kashmir’s political leadership without charges in the interest of “public safety.” Muscular action in Kashmir, against a backdrop of what many economists are now calling a structural economic decline in India have led to strong disruptions in India’s diplomatic ties, especially with the United States.
- Topic:
- Economics, Human Rights, Business, and Trade
- Political Geography:
- South Asia, India, Kashmir, North America, and United States of America
6. The Impact of COVID-19 on India’s Economy and International Standing
- Author:
- Patryk Kugiel
- Publication Date:
- 07-2020
- Content Type:
- Special Report
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- Despite the government’s restrictive preventive measures, India has emerged as one of the countries most affected by COVID-19, and it has yet to reach the peak of infections. The pandemic has ignited the most serious economic crisis in the country’s history, worsened India’s investment attractiveness, and constrained resources that would otherwise help it pursue a greater international role. The economic crisis also undermines the country’s international image, boosted by the quick and decisive response to the pandemic in its initial phase. At the same time, the economic problems and the continued fight against the pandemic will encourage the authorities to deepen cooperation with the EU in public health, the economy, and security.
- Topic:
- Economics, Financial Crisis, Economy, and COVID-19
- Political Geography:
- South Asia and India
7. Crisis from Kolkata to Kabul: COVID-19’s Impact on South Asia
- Author:
- Husain Haqqani and Aparna Pande
- Publication Date:
- 05-2020
- Content Type:
- Special Report
- Institution:
- Hudson Institute
- Abstract:
- The world’s most populous region, South Asia, with almost 1.9 billion people living in eight countries, has so far had fewer reported infections and fatalities per capita from the novel coronavirus than projected in early models. However, the region is unlikely to escape the widespread disruption and damage felt across the globe, and its worst health-care crisis may be yet to come. In South Asia, as in other regions, the COVID-19 pandemic is testing the capacities of states to provide security and effective healthcare and to maintain essential services. It is also having an impact on fragile democratic institutions and societal bonds, in addition to putting considerable strains on the economy. [...] Following is a country-by-country report, with inputs from experts on the ground, on the coronavirus pandemic’s impact in South Asia and its human, economic, and political consequences.
- Topic:
- Economics, Health, Crisis Management, and COVID-19
- Political Geography:
- Pakistan, China, South Asia, India, Asia, and Sri Lanka
8. Civil-Military Relations in Pakistan: Positive Evolution or More of the Same?
- Author:
- David Smith
- Publication Date:
- 01-2020
- Content Type:
- Special Report
- Institution:
- Georgetown Journal of International Affairs
- Abstract:
- Civilian governance in Pakistan has never lasted longer than eleven years. 2019 is the eleventh year since General Pervez Musharraf resigned the presidency and fears of a coup may exist, but one is not probable—at least not in the near-term future. In fact, two recent Chiefs of Army Staff (COAS)—Generals Kayani and Raheel in 2009 and 2014, respectively—considered taking, but decided not to take, direct control of the government. These decisions demonstrate that military rule is no longer necessary because the Army has already attained its major goals of de facto control of the country’s nuclear and missile programs, key foreign relationships, the military budget, and national security decision-making. In effect, the military has achieved what I have previously termed a “coup-less coup.” Instead of the traditionally fraught civil-military relationship, it seems that, for the first time in Pakistan’s turbulent history, the government and military agree on the three major issues facing Pakistan: domestic politics, the economy, and India. However, key variables, such as economic stability, could quickly change the course of this relationship.
- Topic:
- Security, Economics, Governance, Conflict, Civilians, and Military Government
- Political Geography:
- Pakistan, South Asia, and India