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The economic liberalisation in India refers to the series of policy changes aimed at opening up the country's economy to the world, with the objective of making it more market-oriented and consumption-driven. The goal was to expand the role of private and foreign investment, which was seen as a means of achieving economic growth and development.
In 2010, British newspaper The Guardian reported the aid received by India to be less than 1% of its GDP and has declined to take foreign aid recently. [1]The United States Agency for International Development (USAID) compiled and published a data in 2015 indicating that from the period 1946-2012, India has been the recipient of highest aid from United States.
Indian foreign aid is the aid given by the Indian government to other governments. India's major quantum of foreign aid is given to neighbouring countries. According to India's budget in 2021–22, its direct overseas aid stood at ₹ 18,154 crore (US$2.2 billion). [1]
India, China, and the Southeast Asian countries. The Act East policy [1] is an effort by the Government of India to cultivate extensive economic and strategic relations with the nations of Southeast Asia to bolster its standing as a regional power and a counterweight to the strategic influence of the People's Republic of China.
Jawaharlal Nehru, as prime minister 1947-1964, usually with the assistance of Krishna Menon, shaped the new nation's foreign policy.Nehru served concurrently as Minister of External Affairs; he made all major foreign policy decisions himself after consulting with his advisers and then entrusted the conduct of international affairs to senior members of the Indian Foreign Service.
Indian foreign policy makers say that India's interests in the GCC countries are intimately linked with its energy security, trade, employment for Indians and remittances while Middle Eastern foreign policy experts believe that India has showcased itself as "Security Partner" during Modi's visit to UAE. Given the economic and human security ...
Kenya has appealed for urgent financial support from the international community to sustain a police deployment in Haiti, which has been extended by a year.
[27] The Western medias too read it as a shift in foreign affairs for India, [27] as well as a Nepal policy shift. [28] The New York Times also suggested the lack of a meeting with former King Gyanendra signified that India would not support a return to monarchy [ 28 ] despite the lack of a new constitution of Nepal .