Business

Testing the “Exception Raj”

By Sarah Watson — On May 26 the Wall Street Journal reported that the Finance Ministry of India’s Foreign Investment Promotion Board (FIPB) had decided not to waive the 30 percent local sourcing requirement for single-brand retail in the case…

In India Education is Trade, for Services

By Sarah Watson — The ongoing negotiations for the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement among countries in the Indo-Pacific, took a belligerent tone recently. Indian trade negotiators expressed their intention to take an aggressive posture on…

Update on India’s States: April 21, 2016

Prime Minister Modi announces e-trading platform for agriculture produce, Rajasthan relaxes is “two child policy” for government employees, Uttar Pradesh leading in public-private partnerships, Naidu approaches World Bank for building Andhra’s capital, ADB to provide $300 million for roads in…

The Strategic Case for TPP

By John Hamre, Michael Green, Matthew Goodman, Scott Miller, Ernest Bower, Victor Cha, Christopher Johnson, Michael Matera, & Richard Rossow — The United States is a Pacific power. For over 70 years, we have been the guarantor — and a…

FDI & India’s Jobless Growth

By Sarah Watson — India’s Labour Bureau just released its latest quarterly report on employment in eight key sectors, responsible for over a third of India’s gross domestic product (GDP), covering the period from July to September 2015. Although the…