Opinion | The geopolitical profile of India tracks the economy’s trajectory
High growth has granted the country global relevance but others may not support us if they don’t see an economic upside
Speaking at a seminar at Harvard University a little over 17 years ago, Sanjaya Baru, now a distinguished fellow at the Institute for Defence Studies and Analyses (IDSA), first articulated the strategic consequences of India’s post-1992 economic performance. “There is no doubt," he stated “that the first and most important challenge is that of accelerating economic growth and development." He pointed out that “economic performance and capability certainly constitute the foundation of national security and power, even more so for a developing nation like India. It will define the limits to military capability and alter the relationship between India and its neighbourhood…" He went on to argue that while India has the military capability to defend its territory, “it will have to sustain higher rates of economic growth to alter the strategic balance in Asia, and globally, to her developmental advantage."