THE NEW SUSTAINABLY ECONOMIC SMART INDIA AND

THE
CROSSROADS OF 'VASUDHAIVA KUTUMBAKAM'

Author :-Dheeraj Kumar Tiwari Co-Author:-Ankit Sharma

School of Law School of Law
 INTRODUCTION
Indias former Prime Minister Atal Behari Vajpayee used to say, Friends can change but not
neighbours who have to live together. A countrys neighbourhood must enjoy unquestioned
primacy in its foreign-policy making.
India is very soon to become the 3rd largest economy.
During 69th session of the United Nations General Assembly (UNGA), Narendra Modi aptly
remarked, A nations destiny is linked to its neighbourhood.
Indian economy is growing at a much quicker
Siddhir Bhavati Karmja, which means, Success is born of action.
THE EMERGING REGIONAL POWER

The first unexpected, invitation to South Asian Association for Regional Cooperation
(SAARC) leaders for his swearing-in ceremony.
Modis first foreign visit was to neighbouring Bhutan in June 2014.
first Indian PM to visit Nepal in last 17 years.
The drawdown of US and NATO troops from Afghanistan.
A major regional power vacuum India will take charge.
 INDIAS GLOBALIZED ROLE AND SOFT POWER

Regions and regional organisations of the world and how India could be linked with
them?
Strengthening regional forums like SAARC and ASEAN,Indias engagement and
cooperation with global forums like BRICS, G20, IBSA, SCO and ASEM.
The mantra of vasudhaiv a kutumbakam (the world is one family).
5 T's: Tradition, Talent, Tourism, Trade and Technology and the brand India.
 THE PRESENT TREND

Making India a opportunity rather than threat

China: offers a competition between the rising Asian Giants.
pharmaceuticals, agricultural products.
Russia: India's all weather friend, and India's east look policy.
Nepal: Breaking the trend and bilateral agreements of growth.
 AMERICA AND INDIA

A pragmatic approach toward foreign policy.

acceptance of Obamas invitation for a bilateral summit, and republic
day invitation.
Focus on the economy.
Ambitious goal of military modernization.
Cap on FDI in the defence sector from 21% to 49%.
 CONCLUSION

Modis foreign policy mantra is threefold: geostrategic consolidation in South Asia, attracting foreign
direct investment, and aspiring to become a global power.

Under Modi, Indias foreign policy calculus is changing: Japan, China, Russia and Australia are
becoming more important while the US and European countries are losing ground.

The EU needs to factor Modis priorities into reshaping its engagement with India, or else it is likely
to be overlooked in New Delhi

Foreign policy engagement is going to be active and full of surprises.

 REFERENCES

A Modi-led Government Likely to Boost Job Market in India: Experts, Press Trust of India, May 14, 2014.
The Indian economy returns to growth path GDP growth to accelerate to 6.3% in 2015-16 in the Economic
Outlook.
Expectations Are Too High for a Modi Economy, Wall Street Journal, April 8, 2014. Study cited in Milan
Vaishnav, Indians Expect an Economic Superman (op -ed), Bloomberg News, May 12, 2014.
Ashley Tellis, Productive But Joyless? Narendra Modi and US-India Relations, Carnegie Endowment for
International Peace, May 12, 2014. One Indian economist contends that, while in opposition from 2004 through
2013, the BJP supported welfare and subsidy programs just as often as did the ruling party, suggesting that a
dramatic shift toward the generally pro-market policies the BJP followed while in power from 1999-2004 is
unlikely (Ila Patnaik in Will Indias Economy Surge After the General Election? (interview), Carnegie
Endowment for International Peace, February 4, 2014).
Tommy Wilkes, Indian Firms Tool Up for Defense Order on Modis Buy India Pledge, Reuters, August 20,
2014,
The BJP election Manifesto at http://www.bjp.org/manifesto2014.
THANKYOU