India

Furthering ‘No First Use’ in India-Pakistan Context

Pakistan has not subscribed to No First Use. That it could do so has been expressed informally by its President Zardari. India could take up the issue with Pakistan at a forum discussing Confidence Building Measures as and when the composite dialogue resumes. The Lahore Memorandum of Understanding posits such consultations. To get Pakistan on board, India may require initiating a strategic dialogue with Pakistan, outside of the existing composite dialogue framework. This would build trust that could impact other areas of the peace process positively.

China’s eagle eye on Arunachal

Referring to India’s recent troop deployment in Arunachal Pradesh and the construction of a new airbase at Tezpur, Assam, Zhang Haizjou writing in China Daily on June 10, 2009 states that “India is attempting to extend its control over a disputed border area…” Similarly, Li Hongmei writing in the People’s Daily has held India responsible for hiking tension over Arunachal Pradesh by harbouring “awe, vexation, envy and jealousy – in the face of its giant neighbour” China.

The central debate in India’s civil military relations

Critics have it that the last bout of reforms in India’s defence sector in the wake of Kargil has not been taken to its logical conclusion. There are two key areas over which there is considerable debate. One is the continuing absence of a Chief of Defence Staff, and the second is the cosmetic integration between the Ministry of Defence and the Service Headquarters. It is asserted that the latter is the result of bureaucrats protecting their turf in a perverse interpretation of civil control.

India and the Convention on Cluster Munitions

On May 30, 2008, the Convention on Cluster Munitions (CCM) was adopted by 107 countries at a diplomatic conference in Dublin, Ireland. However, India was not a party to this Convention. The signing of the Convention took place in Oslo on December 3, 2008. It bans the use, production, stockpiling, and transfer of cluster munitions, and places obligations on countries to clear affected areas, assist victims, and destroy stockpiles.

India Woos GCC’s Sovereign Wealth Fund: Policy, Scope and Precautions

In 2007, a small piece of research by Steven Jen generated ripples about the role and significance of Sovereign Wealth Fund (SWF) in the world of finance. The term SWF was coined by Andrev Razanor in 2005, and IMF defined it as “assets held by governments in other country’s currency”. Although, SWF has a history of more than half a century, it gained currency only since 2000. SWFs have been created by the governments for different motives.