01 Jul, 2020
13 Min Read
|GS-I||Proxy war-New Cold War||World History|
|GS-II||India and Bhutan - Kholongchhu Hydropower Project||International Relations|
|GS-III||Self Reliance- Atma Nirbhar Abhiyan||Economic Issues|
Part of: GS-I- Contemporary World History (PT-MAINS-PERSONALITY TEST)
China is soon to become the largest economy in the world. It’s growth is based on technology, innovation and trade, which sought to balance U.S. military superiority, and has fueled the strategic rivalry between the two countries.
The rising tensions between the US and China have prompted many experts to warn of a new Cold War akin to the Cold War between the US and USSR.
In 2017, the US National Security Strategy called China as “a revisionist power” seeking “to erode American security and prosperity” and “shape a world antithetical to U.S. values and interests”. Also, China has been proactive in undermining the US hegemony on multiple fronts.
COVID-19 pandemic has further aggravated the deterioration of ties between the two countries. Thus, this new Cold War between China and the United States is a major geopolitical risk of the 21st century.
Events Signalling a New Cold War
Differences Over Previous Cold War
There are several key differences between the previous Cold War between the US & Soviet Union and the Cold War between the US and China.
Role of India
India is a rising global power and citing its importance both the US and China sought to attract India in its camp. Foreign policy experts in the US argue India Is a Natural US Ally in the New Cold War. On the other hand, Chinese Ambassador in India has suggested writing “together a new chapter” with “a shared future for mankind”. In this context:
As India joins the UN Security Council (non-permanent seat) and chairs the BRICS Summit and hosts the G-20 in 2022, the development will bring an opportunity for India to assume a leadership role and propose a new globalisation model based on humanity, fairness and equality has wide support in a more equal world rather than a world divided by Cold War.
Part of: GS-II- India and South Asia (PT-MAINS-PERSONALITY TEST)
Recently, India and Bhutan have signed concession agreement on the 600 MW Kholongchhu Hydropower Project.
India Bhutan Hydropower Projects
Part of: GS-III- Economy (PT-MAINS-PERSONALITY TEST)
In an effective response to an unprecedented emergency (Covid-19 pandemic) that disrupted most channels of national and international trade, Indian Prime Minister, under Atma Nirbhar Abhiyan, gave a clarion call for the country to become self-reliant.
India in the pre-1991 era also strived for achieving self-reliance and import substitution. While it resulted in a diversified economic base for heavy industries such as Steel, coal, petroleum refinery etc, India fell behind the curve on quality, technology and productivity.
Economists attribute these shortcomings to the then industrial and trade policies, particularly industrial licensing, physical barriers to import of goods, high tariffs and imperative economic policies.
Though the Indian Prime Minister clarified that the current idea of self-reliance is not about a return to import substitution or autarkic isolationism, but rather aimed at a quantum jump to the economic potential of the country by strengthening infrastructure, using modern technologies, enriching human resources, and creating robust supply chains.
In order to achieve this goal policy making needs to address underlying issues and leverage economic opportunities.
Underlying Issues in Becoming Self Reliant
Given the underlying issues and opportunities, it is vital to become competitive in pursuance of self reliance.
In 24 hours, Palestine faces an existential threat By, Hamid Ansari is the former Vice-President of India, 2007-2017 Context # On June 24, the UN Secretary General António Guterres told a virtual meeting of the United Nations Security Council that the Israeli-Palestinian conflict is
Grain aplenty and the crisis of hunger By, Dipa Sinha teaches at Ambedkar University Delhi Context # With the economic crisis continuing on the one hand and the health system crumbling under the burden of rising COVID-19 cases on the other, unemployment is high and it will take a while for
Cautious, but firm: on India-China stand-off Context # After weeks of more diplomatic wording, the statement by the Ministry of External Affairs (MEA) on June 26 appears to signal that patience in dealing with Beijing is reaching a dead end. Shifts of note # The statement said
The World Bank's STARS project needs an overhaul By, Kiran Bhatty is Senior Fellow, Centre for Policy Research, New Delhi, and Martin Haus is an independent researcher working on public sector reforms Context # Atmanirbhar Bharat calls for an India that is able to produce and deliver lo
A new era of accessibility: on persons with disabilities in the post-COVID world By , Shubha Nagesh works with The Latika Roy Foundation, Dehradun; Sara Rotenberg is a graduate of Georgetown University and Rhodes Scholar-elect based in Toronto. Views are personal Context # During the lockdo
Share public data with the public M. S. Santhanam is a physicist and a professor at the Indian Institute of Science Education and Research, Pune Systemic discrepancies # The unsatisfactory state of India’s data collection and processing system is among the many systemic deficiencies e
UN Convention against Torture GS-PAPER-II I.O In news SC says it can’t direct the government to ratify Convention against Torture What is Convention Against Torture ? Convention against Torture and other Cruel, Inhuman or Degrading Treatment or Punishment (commonly known a
Liquidity Measures Extended Part of: GS-III- Economy (PT-MAINS-PERSONALITY TEST) Recently, the Reserve Bank of India (RBI) has extended the relaxation relating to Marginal Standing Facility (MSF) scheme till 30th September 2020. It has also extended the relaxati
National Statistics Day This year, Statistics Day (29th June) will be celebrated virtually, in view of the travel and safety advisories on account of the global Covid-19 pandemic. Imp Points Every year, Statistics Day is celebrated on 29th June, the birth
Gynandromorphism Recently, a rare biological phenomenon i.e. Gynandromorphism has been spotted in a dragonfly, the Scarlet Skimmer (Crocothemis service), which is found in the Kole wetlands, Kerala. The dragonfly had both male and female characteristics. ImpPoints
Digital innovation is the way forward – Over the top platform GS- PAPER-2 Digital India MAINS-IV The Covid-19 pandemic has impacted every single industry, but the businesses that were most affected are those which solely rely on the social gatherings of people and the media and
One Sun One World One Grid GS-Paper-3 Economics Recently, the Government of India has called for bids to roll-out the ‘One Sun One World One Grid’ (OSOWOG) plan. The plan focuses on a framework for facilitating global cooperation, building a global e
“Global solar grid could cause sun burns” Part of: GS-III- Energy security (PT-MAINS-PERSONALITY TEST) In recent years, India has leveraged forums like the G20 and the UNFCCC to collaborate with major powers in new areas of growth and in bringing about glo
China Study Group (CSG) CSG is a government body in which cabinet secretaries and secretaries of the Home, external affairs, Defence and representatives of the Army are members. In the wake of heightened road and track construction work undertaken by China along India’s Northern and E
The rare biological phenomenon in dragonflies sighted at Kole wetlands When Renjith R.V and Vivek Chandran spotted a peculiar dragonfly, the Scarlet Skimmer (Crocothemis servilia), in the Puzhakkal area of the Kole wetlands in Thrissur last year, little did they know that they were documenting
Making sense of China’s calculations By, M.K. Narayanan is a former National Security Adviser and a former Governor of West Bengal Context # The number of casualties, 20 on the Indian side was the highest since 1967, and included that of a high ranking Colonel of the Bihar Regiment. T
Brief reprieve: On Pakistan and the terror financing watchdog Context # According to reports in Pakistan and India, the Financial Action Task Force, the global watchdog group, has decided to grant Pakistan and other countries on its watch list a three-month extension on fulfilling commitments,
Letter and spirit: On new domicile rules in J&K Context # New domicile rules that followed the termination of the special constitutional status of Jammu and Kashmir, which was reorganised into two Union Territories, have brought succour and hope for a segment of its population that had to
The Mapillah uprising By, Mohammed Ayoob is University Distinguished Professor Emeritus of International Relations, Michigan State University Context With the centenary of the Mapillah rebellion of 1921 fast approaching, controversy has erupted over Malayalam movie projects commemorating
MMR vaccine can help fight sepsis in Covid patients A new paper suggests that live attenuated vaccines such as MMR (measles, mumps and rubella) may prevent the severe lung inflammation and sepsis associated with Covid-19 infection. The paper is published online in the journal mBio.
Copyright© Aspire IAS Academy. All rights reserved. Powered by CLT Technologies & Edu-Publishers Private Limited.