The days of “benign neglect” of our exchange rate policy are over. Nepal’s macroeconomic fundamentals — record reserves, stable remittance inflows, a gradually diversifying trade base — have quietly put in place the foundation for reform. What is missing is the political will to act on it.
The major bilateral issue is border security and management. While India claims that millions of Bangladeshis enter India illegally, reside and work here, Bangladesh dismisses that contention outright, saying that as their per capita income was higher than India’s, there was no reason for economic migration from Bangladesh to India.
The Indus and the Ganges are dying slowly, and with them disappear species that evolved over thousands of years within these waters. If current patterns continue, future generations may inherit rivers that exist geographically but are biologically empty. South Asia still has an opportunity to reverse this trajectory, but only if environmental protection becomes a shared regional priority rather than an afterthought.
Nearly 80% of Asia’s energy imports and a large portion of global container traffic move through the Indian Ocean. With conflicts in the Middle East, disruptions in the Red Sea, and increasing great-power competition, freight security has become a strategic economic issue. Sri Lanka is positioning itself not merely as a recipient of investment, but as a regional connector between South Asia, Southeast Asia, and island maritime states.
Bhutan is regarded as ‘the kingdom of happiness’ and also has the reputation of being the first to become the one and only carbon-negative country in the world. The international community sees Bhutan as a peaceful and traditional country, and that has helped its policymakers formulate a foreign policy that maintains its unique status in the world order.
The danger is that the cracks in the Constitution are widening. The need of the hour is to find the true meaning of religion. A divisive agenda no matter how strong, will end up dividing the nation and enhancing a culture of division.
Since Pakistan’s birth over 75 years ago, it is the ‘establishment’ that has largely determined who gets political power and when to take it away. Out-of-favour politicians get disqualified from political office, imprisoned, or exiled. Some have been killed.
The research strengths of Australian universities in areas such as cyber security, quantum computing, space technology, robotics and AI, critical technologies, public health, water, waste utilization, teacher training, low-cost housing, and solar power, to name a few, are all initiatives and aspirations that PM Modi has identified for India and which Australian universities are well-placed to collaborate on.
From the secular Bharat Jodo Yatra to the Karnataka elections, Indian civil society groups have played an important role. One does look forward to civil society groups committed to the rights of weaker sections of society playing a similar role in forthcoming elections to ensure that the country comes back to the path and idea of India envisaged by the freedom movement and the Constitution of India.
The warning is not only coming with unusual certainty but there is a clearer message that the world is failing in its pursuit to meet the Paris Climate Agreement.
Cyclone Mocha only reminds us of the urgency of India-Bangladesh-Myanmar-Thailand-China-Sri Lanka cyclone management cooperation. As a start, Myanmar-Bangladesh-India trilateral cooperation is a must in this regard.
After Karnataka, however, the BJP may be wary of going down that path when the world will be watching Modi’s forthcoming steps in the run-up to the 2024 general election
The lesson one can draw from 25 years of nuclear South Asia is that nuclear weapons are guarantors of stability at the highest or strategic levels, but they are certainly not the panacea to the security challenges faced by a nation, especially at the sub-conventional level. The case of the India-Pakistan conflict validates this point
Herein lies the paradox of Karnataka. The rest of educated India and the world knows the state mostly through the stories of its tech leaders and the vibrancy of Bengaluru, which has sometimes been voted as the top city to work for many and certainly for IT professionals. On the other hand, the state of Karnataka has become a tinderbox of communal strife.
The concept of 'land-link' has already become operational. Credit is due to Bangladesh and its young foreign minister of state, Shahriar Alam, who has given a new dimension to ties between Northeast India and Bangladesh by showing the immense potential that can be exploited between the two countries by turning limitations into possibilities.
In a way, we are following the path of Pakistan and Sri Lanka. In Pakistan (Islamic nationalism), the hate manufactured against Hindus and Christians did result in their persecution there. In Sri Lanka (Buddhist Sinhala nationalism), Hindus (Tamils), Muslims and Christians have been on the receiving end of the consequences of hate.
The unceasing political chaos and the absence of a national consensus regarding the existential threat that stares Pakistan in the face are deteriorating the already fragile state of affairs. Political instability and economic meltdown not only compounds the system of governance but also create a fertile breeding ground for terrorism.
The rallying of such forces gives rise to fratricidal killings. Adivasis are close-knit groups. Pitting to kill one against the other sponsored by the State gives rise to not just distrust among the members of the group but against the State as well. The enmity that is being created among the Adivasis will have a long-term impact.
India needs to develop a more muscular political, diplomatic and military policy against China, military muscularity being contingent on political will. With clear designs on Indian territory, China cares two hoots about military-to-military cooperation.
