Remaking of India: Dovetailing Diplomacy & Development

It’s time for making and remaking of India, an ancient rainbow civilisation transforming into a modern nation and an emerging powerhouse that is spawning a new narrative of renaissance, resurgence and renewal. The India Story is back in global circulation, with international rating agencies and bankers conjuring up cheery forecasts for growth prospects of Asia’s third largest economy. The IMF and the World Bank have already predicted that India’s economic growth will surpass that of China’s by 2016-2017, a prognosis that has been reinforced by Asian Development Bank and other trend-trackers.

The Economist has encapsulated this new mood of ‘India Optimism’ in its recent cover story entitled “A chance to fly.” The prestigious British magazine says India has a rare opportunity to become the world’s most dynamic big economy,” but adds on a cautionary note: “The potential is there; the question has always been whether it can be unleashed.”

If the potential of 1.2 billion people of India and their surging dreams has to be realised, the Modi government in India will have to walk the talk on second-generation economic reforms (and it is already doing so by going ahead with crucial reforms in a host of areas, including raising the FDI cap in insurance and telecom). But the success of the India story in the coming months and years will also depend on how New Delhi leverages its growing global stature and harnesses its external relationships and multiple strategic partnerships through smart diplomacy to stimulate an Indian renaissance.

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French CEOs upbeat about India Story, Make in India

PARIS: The India Story is shining bright in France, Europe’s heavyweight economy, with top French CEOs of big-ticket corporates striking an upbeat note about pouring investments into Asia’s third largest economy and voicing their enthusiasm about Prime Minister Narendra Modi’s Make in India mission.
With Mr Modi’s Europe agenda being primarily economic, fittingly around 50 top CEOs of India and France brainstormed in Paris to spur the flow of two-way of investment and outlining a concrete roadmap for imparting a fresh momentum to multifarious economic relationship between the two counties.
In his interaction with the French business community, Mr Modi, who begins his four-day visit to France April 9, is expected to make a robust pitch for more French investments in a wide array of areas, including in his pet project of smart cities.
There were free and frank discussions on issues relating to investment and ease of doing business in India and France, Mr Dhruv M. Sawhney, co-chairman of Indo-French CEOs Forum and chairman & MD of Triveni Turbine Limited, told Indian journalists at Hotel Plaza Athenee in the heart of the elitist Champ Elysees.
The CEOs Forum culminated in the leaders of Indian and French business, setting up four task forces in areas of energy, water, infrastructure financing and life sciences.

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Rafale deal may get push during Modi visit: India’s ex-envoy

India and France forged strategic partnership in 1998, which has steadily expanded to include a host of new areas. Defence cooperation forms the bedrock of this vital relationship. In this interview with Manish Chand, Editor-in-Chief, India Writes Network (www.indiawrites.org), Mr Rakesh Sood, India’s former ambassador to France, speaks about the prospects of the mammoth Rafale deal, possibilities of bilateral cooperation in the crucial Indian Ocean region and how the burgeoning strategic ties are complemented by cultural bonding.
(Excerpts from the interview)
Q) France is betting big on the Rafale deal. Do you see a closure of this deal in the near future do you think that the Modi-Hollande meeting will give the political push for the closure of the deal?
A) I am quite sure the prime minister’s meeting in Paris with the French president will give the push. These negotiations have been going on for sometime; understandably these are some complex negotiations and we are also moving into new areas on life cycle costing and so on, which are a new experience for us. And there can’t be a bigger political push than a summit-level meeting between the prime minister and the president.

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India pitches “meaningful dialogue” at UN Disarmament Commission

In a bid to move towards a more inclusive and nondiscriminatory international security agenda, India has pitched for a “meaningful dialogue” among all countries with nuclear weapons to build trust and confidence and reduce the “salience of nuclear weapons in international affairs and security doctrines”.

Speaking at a session of the UN Disarmament Commission (UNDC), India’s Permanent Representative to the Conference on Disarmament, Ambassador D B Venkatesh Varma, said that India has supported the proposal put forward by Indonesia on behalf of Non-Aligned Movement to commence talks on a Comprehensive Nuclear Weapons Convention. He said that, “India attaches the highest priority to global, non- discriminatory, verifiable nuclear disarmament and the complete elimination of nuclear weapons in a time bound manner.” He added that Disarmament Commission as a platform for dialogue and cooperation was significant and its functioning needs to be improved by undertaking “focused and result oriented discussions” on items on its agenda.

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