Interpreting India

In this episode of Interpreting India, Radhika Pandey joins Suyash Rai to analyze why India and other major economies are experiencing high inflation, the measures that have been taken to control inflation, the expected impact of these measures on economic growth, and the future course of action.Episode ContributorsRadhika Pandey is a Senior Fellow at the National Institute of Public Finance and Policy and has twenty years of teaching and research experience in macroeconomics and financial policy. Her academic work focuses on macroeconomics, business cycles, financial policy, and regulation. She has been part of a number of Ministry of Finance instituted committees and writes regularly on contemporary economic issues.Suyash Rai is a deputy director and fellow at Carnegie India. His research focuses on the political economy of economic reforms, and the performance of public institutions in India.--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

The Group of Seven or G7, an informal forum of leading industrial nations, comprising of the United States, the United Kingdom, Germany, France, Italy, Japan, and Canada, hosted its 48th Summit on June 26-28 in Germany. The Summit, which aims to coordinate global policy, has come at a time when countries across the globe are still coping with the economic and political disruptions caused by the pandemic and the war in Ukraine. The G7 is thus expected to lead a global recovery from the pandemic through initiatives like Build Back Better World (B3W) and take further action against Russia for its invasion of Ukraine. India, which is caught between its desire to build stronger ties with G7 countries, and its old friend, Russia accepted Germany’s invitation and attended the summit.In this episode of Interpreting India, Sachin Chaturvedi joins Deep Pal to analyze what India’s G7 invite signifies amid a contentious geopolitical environment. How do the G7 countries perceive India? How can India partner with the G7 in achieving climate neutrality and green transition? What are the key takeaways of India’s participation in the Summit, and what relevance does this hold for India’s G20 presidency in 2023?Episode ContributorsSachin Chaturvedi is Director General at the Research and Information System for Developing Countries (RIS), a New Delhi-based policy research institute. He is also Member, Board of Governors, Reserve Bank of India. He was a Global Justice Fellow at the MacMillan Center for International Affairs at Yale University. He works on issues related to development economics, involving development finance, Sustainable Development Goals and South-South Cooperation. Deep Pal is a visiting scholar in the Asia program at Carnegie Endowment for International Peace. His research and publications focus on the Indo-Pacific, Indian foreign policy in its immediate and greater neighborhood, and regional security of South Asia, with particular emphasis on China.--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/  Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

In December 2021, the Securities and Exchange Board of India, which also regulates commodity markets, issued directions banning new derivative contracts in seven agricultural commodities. This ban covered more than 70 percent of the traded volumes in the Indian agricultural commodity futures market. What were the reasons for this sudden move, and what repercussions did this have for the spot markets in these commodities? What signals do such sudden moves by regulators send to markets, and how do agricultural markets and commodity derivative markets tend to react to such moves?In this episode of Interpreting India, Harsh Vardhan joins Anirudh Burman to help unpack these issues pertaining to India's commodity markets.Episode ContributorsHarsh Vardhan is a Senior Advisor with leading international management consulting firm Bain & Company. He has over 30 years of experience in the financial services sector and is actively involved in policymaking related to financial sector in India. He chaired the Committee on the Development of Securitisation for Housing Finance appointed by the RBI in2019. Recently he was a member of the Cross Border Insolvency Rules of Regulations Committee (CBIRC) of the Ministry of Corporate Affairs. He is an Independent Director on the board of Karur Vysya Bank and National Commodities Clearing Ltd and chairs the Risk Management Committees of the board for both.Anirudh Burman is an associate research director and fellow at Carnegie India. He works on key issues relating to public institutions, public administration, the administrative and regulatory state, and state capacity.--Additional ReadingDid SEBI's Ban on Agri-Futures Work? by Harsh Vardhan and Bhargavi Zaveri-ShahThe Ban on Agri Commodities Future is Weak in Law and Economics by Bhargavi Zaveri-Shah and Harsh Vardhan--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

Meera Srinivasan, talking about the Sri Lankan government’s lack of planning to deal with an impending economic disaster, reported, “Hospitals are putting off surgeries without enough medical supplies, ink and newsprint shortages have forced newspapers to suspend editions, and schools have postponed term exams because there is no paper to print the questions.” Moreover, Sri Lanka’s foreign currency reserve has virtually dried up and shortages of food and fuel have caused prices to soar. In early April, people took to the streets of Colombo in protest. Much of the popular anger for the economic crisis has been directed at the country’s president. Why did Sri Lanka default on its debt? Were the signs of misgovernance visible long before the crisis struck? What political cost does it impose on the people? In this episode of Interpreting India, Meera Srinivasan joins Shibani Mehta to look at this crisis, Sri Lanka’s worst since it gained independence in 1948. --Episode ContributorsMeera Srinivasan is the Sri Lanka correspondent of The Hindu and she also covers the Maldives. She has written extensively on the post-war challenges of Sri Lanka. As a resident correspondent for The Hindu, she covered key elections in 2015, 2019 and 2020 along with the Easter Terror Bombings of 2019.  Shibani Mehta is a research analyst with the Security Studies Program at Carnegie India. Her research focuses on India’s security and foreign policies. She has a keen interest in understanding foreign policy decision-making and the role of institutions and personalities in diplomacy.--Additional ReadingSri Lanka's Aggravating Economic Crisis by Meera SrinivasanPolarization, Civil War, and Persistent Majoritarianism in Sri Lanka by Ahilan Kadirgamar--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

In this episode, Narayan Prasad Nagendra joins Konark Bhandari to discuss the key developments in India’s space sector. India's space program has been widely recognized for its ability to produce cost effective space technology. This has slowly driven down the costs of missions, including orbital missions, lunar missions, and even Martian missions. However, these endeavors have largely been driven by ISRO, India’s national space agency. Realizing the need for an increased integration of the private sector into the Indian Space story, over the last few years, the Indian government has introduced a wide range of reforms in the Indian Space sector. In this episode of Interpreting India, we will take a closer look at India’s space sector and its key developments. What are these space reforms everyone speaks of? How close are we to seeing the next SpaceX of Indian origin? What is on the wish list for private space companies in India?--Episode ContributorsNarayan Prasad Nagendra is a co-founder at satsearch.co, a global marketplace for space with a mission to consolidate the global space industry supply chain. He also serves as a partner to the  SpacePark Kerala, a Government of Kerala initiative to develop a space-economic hub in India. He founded his first company Dhruva Space in 2012, a NewSpace company based out of Bengaluru, India with a vision to lead the privatization of the spacecraft industry in India.Konark Bhandari is an associate fellow with Carnegie India. He is a lawyer who has researched on certain areas in the digital economy, focusing primarily on approaches to antitrust regulation of companies in the digital realm. --Additional ReadingSpace India 2.0: Commerce, Policy, Security, and Governance Perspectives by Rajeshwari Pillai Rajagoplan and Narayan Prasad NagendraSmall Satellites for India’s Security: A Techno-Entrepreneurial View by Narayan Prasad Nagendra What India’s Budget Needs to Do to Move Its Space Program Forward by Konark BhandariThe War in Ukraine and its Implications on India’s Space Program by Konark Bhandari--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

Formal decolonization of India came two years after the terrific demonstration of the power of the atom in a volatile international order. The arrival of the nuclear age, with the departure of the British presented Indian physicists a unique opportunity to take a capable decision on the nuclear question in a new country. In this episode of Interpreting India, Jahnavi Phalkey joins Shibani Mehta to take a look at the relationship between science, state and nationhood in India. What does the history of the beginnings of nuclear research and education tell us about India’s political ambitions? How did collaborations take place between philanthropists and scientists in early and mid-20th century India? Does popular media and culture influence the relationship between the scholar and the public?-- Episode Contributors Jahnavi Phalkey is a historian of science and technology. She is the author of ‘Atomic State: Big Science in Twentieth Century India’ (2013) and is the Founding Director, Science Gallery Bengaluru. In 2020, she produced and directed the documentary film Cyclotron.Twitter: @JahnaviPhalkeyShibani Mehta  is a research analyst with the Security Studies Program at Carnegie India. Her research focuses on India’s security and foreign policies.Twitter: @mehtasaurus--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

In this episode, Tanvi Madan and P.S. Raghavan join Deep Pal to discuss the evolving dynamic between Russia, India, and China, against the background of the war in Ukraine. The concept of a tripartite alliance between Russia, China, and India was first proposed by then-Russian Prime Minister Yevgeny Primakov in 1998, and Moscow has been working to promote it ever since. After a gap of 12 years, Russia organized the RIC summit on the sidelines of the G20 summit in Argentina in November 2018. It was followed by India holding a RIC summit on the sidelines of the Osaka G20 summit in 2019. While no summit has been possible since 2019 due to the COVID crisis, it is the turn for China to organize the next summit--which, it is believed to hold this year. How do the current developments affect the relationship between these three countries? Specifically, what effect might the war have on India’s close relations with Russia, which has moved closer to China? How might India’s principle of strategic autonomy in foreign policy be affected while navigating through an increasingly complicated geopolitical order? And what do the visits of Chinese foreign minister Wang Yi, and Russian foreign minister Sergei Lavrov to India in March 2022 in rapid succession tell us? --Episode ContributorsTanvi Madan is a senior fellow in the Project on International Order and Strategy in the Foreign Policy program. She is also the director of the India Project at the Brookings Institution in Washington, DC. Her work explores India’s role in the world and its foreign policy, focusing in particular on India's relations with China and the United States. She is the author of the book “Fateful Triangle: How China Shaped US-India Relations during the Cold War” (Brookings Institution Press, 2020).P.S. Raghavan was, from 2016 to 2020, chairman of the National Security Advisory Board, which advises India’s National Security Council on strategic and security issues. He engaged on these issues with departments and think tanks in India and outside. From 1979 to 2016, he held diplomatic positions in USSR, UK, Poland, South Africa and Vietnam, and was India’s Ambassador to Czech Republic, Ireland, and Russia. From 2000 to 2004, he was joint secretary in the Prime Minister's Office, dealing with foreign affairs, nuclear energy, space, defense, and national security.Deep Pal is a visiting fellow in the Asia program at Carnegie Endowment for International Peace.Additional Reading:Fateful Triangle: How China Shaped US-India Relations during the Cold War by Tanvi MadanThe External Dimensions of India-Russia Relations by P.S. Raghavan--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/  Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

In this episode, Naushad Forbes joins Suyash Rai to discuss his recently published book, 'The Struggle and the Promise: Restoring India’s Potential'. The book, written by Naushad Forbes, is a wide-ranging exploration of India’s developmental potential, and the challenges that could impede the realization of that potential.Naushad Forbes is the co-chairman of Forbes Marshall, India's leading Steam Engineering and Control Instrumentation firm. He chairs the Steam Engineering Companies within the group. He is chairman, Ananta Aspen Centre and was president of CII for 2016-17. He was an occasional lecturer and consulting professor at Stanford University from 1987 to 2004 where he developed courses on Technology in Newly Industrializing Countries. He is on the board of several educational institutions and public companies. Naushad has long been an active member of CII and has at various times chaired the National Committees on Higher Education, Innovation, Technology, and International Business.Suyash Rai is deputy director and fellow at the political economy program at Carnegie India.   Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

In this episode, Vijay Gokhale joins Rudra Chaudhuri to take stock of the recent meet between Chinese Foreign Minister Wang Yi and the External Affairs Minister of India, Dr. S. Jaishankar. Together, they discuss the significance of Wang Yi’s visit to India, particularly against the backdrop of the Russia-Ukraine crisis. How does the Ukraine crisis shape the Sino-Indian relationship? Separately, what are some of the mechanisms needed to stabilize the relationship between India and China?--Episode ContributorsVijay Gokhale is the former foreign secretary of India and a nonresident senior fellow at Carnegie India. He retired from the Indian Foreign Service in January 2020 after a diplomatic career that spanned thirty-nine years. Between 2016 and 2017, he served as the ambassador of India to the People’s Republic of China. He has worked extensively on matters relating to the Indo-Pacific region with a special emphasis on Chinese politics and diplomacy. He is the author of two books: The Long Game: How the Chinese Negotiate with India and Tiananmen Square: The Making of a Protest. Rudra Chaudhuri is the director of Carnegie India. His primary research interests include the diplomatic history of South Asia and contemporary security issues. --Further Reading:India’s Fog of Misunderstanding Surrounding Nepal–China Relations by Vijay GokhaleThe Road from Galwan: The Future of India-China Relations by Vijay GokhaleHow Russia’s invasion of Ukraine has undermined strategic choices available to India by Rudra Chaudhuri--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

In this episode of Interpreting India, Jayita Sarkar joins Shibani Mehta to take a step back and understand the history of the Rohingya Crisis. Who are the Rohingya people? What does their story tell us about Myanmar’s political history? When did the polarization between the communities begin?In Myanmar, the Rohingya people have been subjected to decades of brutality, prejudice, and persecution. After a tremendous wave of violence erupted in August 2017, more than 7,00,000 people, half of them children, were forced to flee to Bangladesh, India, Thailand, and other Southeast Asian countries. Entire villages were set ablaze, thousands of people were slaughtered or separated from their families, and widespread human rights violations were documented. A military onslaught, later condemned as an “example of ethnic cleansing" by the UN, forced millions to flee by ship or on foot. Nearly one million people are still stranded in Cox's Bazar, the world's largest refugee camp. The recent catastrophic burning in the camp, which forced 50,000 people to flee, served as a sobering warning that not just disease but also rapid-moving fires are common.In this episode of Interpreting India, we take a step back and understand the history of the Rohingya Crisis. Who are the Rohingya people? What does their story tell us about Myanmar’s political history? When did the polarization between the communities begin?--Episode ContributorsJayita Sarkar will be Associate Professor in Economic and Social History at the University of Glasgow from July 2022. She is a tenure-track Assistant Professor at Boston University’s Pardee School of Global Studies until June 2022. Her research areas of specialization include connected partitions. decolonization, global histories of capitalism, and nuclear infrastructures.Shibani Mehta is a research analyst with the Security Studies Program at Carnegie India. Her research focuses on India’s security and foreign policies. She has a keen interest in understanding foreign policy decision-making and the role of institutions and personalities in diplomacy.--Additional Reading:1. Jayita Sarkar: How World War II shaped the crisis in Myanmar 2. Rohingyas and the Unfinished Business of Partition by Jayita Sarkar--🎙️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes! Home: https://interpreting-india.simplecast...YouTube: https://www.youtube.com/playlist?list...Spotify: https://open.spotify.com/show/51yeOb8...iTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials: Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia) Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/ Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.