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18-February-2025-Editorial

February 18 @ 7:00 am - 11:30 pm

INDIA AS A BRIDGE BETWEEN THE GLOBAL NORTH AND SOUTH

Prime Minister Narendra Modi has underlined India’s commitment to strengthening the voice of the Global South while leading reforms in global governance. India is emerging as a crucial intermediary between developed (Global North) and developing (Global South) nations by offering an inclusive, alternative model for global development.

This approach reflects India’s long history of supporting the developing world, from its early contributions to the Non-Aligned Movement (NAM) and the Group of 77 (G-77) to its current initiatives.

Bridging the North-South Divide

Economic Distress and Debt Challenges:

  • Many developing nations struggle with heavy debt burdens and strict conditions imposed by institutions like the International Monetary Fund (IMF).
  • India proposes a collaborative development model, offering a “Global Development Compact” that provides non-conditional, mutually beneficial assistance.

Diplomatic Engagement:

  • Unlike the Cold War era, India is actively engaging with both the West (US and Europe) and emerging economies in Africa, Latin America, and Southeast Asia.
  • India supports reforms in global financial institutions (IMF, World Bank) to improve access to financing for developing countries.

Advocacy for Fair Global Governance:

  • India calls for a more balanced global economic order that considers the needs and interests of the Global South.
  • It actively advocates for reforms in the United Nations Security Council (UNSC), arguing that developing nations deserve more representation in decision-making processes.

India’s Historical and Strategic Role in the Global South

Early Leadership:

  • India was instrumental in establishing the Non-Aligned Movement (NAM) and the G-77 in 1964, which united developing nations on the global stage.
  • At the Stockholm Conference in 1972, India played a leading role in advancing the principle of Common But Differentiated Responsibilities (CBDR), a key aspect of climate justice.

Active Foreign Policy:

  • In contrast to its earlier non-aligned stance, India now takes a more assertive role in shaping global policies.
  • The inclusion of the African Union in the G20 during India’s presidency in 2023 highlights its growing diplomatic influence.

Key Initiatives and Diplomatic Actions

Global South Summit:

  • India’s Global South Summit has provided a platform for developing nations to collectively demand reforms in global governance.
  • This summit has helped forge stronger ties and promote shared interests among developing countries.

Vaccine Maitri Initiative:

  • During the COVID-19 pandemic, India’s Vaccine Maitri initiative supplied millions of vaccine doses to several developing countries, reinforcing its commitment to the welfare of the Global South.

Climate and Clean Energy Efforts:

  • India contributed significantly to the establishment of the Loss and Damage Fund, ensuring climate finance for vulnerable nations.
  • The International Solar Alliance (ISA), co-founded by India, promotes clean energy and sustainable development in emerging economies.

Balancing Relations:

  • India maintains strategic autonomy by engaging with both developed and developing nations without aligning strictly with any bloc.
  • Its cooperation with the Quad (India, US, Japan, Australia) aims to counterbalance China’s influence, particularly in the Indo-Pacific region.

Challenges in India’s Global South Leadership

Competition with China:

  • China’s financial strength and large-scale investments in developing nations present a major challenge.
  • While China’s Belt and Road Initiative (BRI) has created significant debt problems for many Global South nations, India promotes transparent and sustainable development.

Economic and Infrastructure Constraints:

  • India’s own challenges, such as economic limitations and delays in project implementation (e.g., the Kaladan Multimodal Transit Project in Myanmar and the Asia-Africa Growth Corridor with Japan), can hinder its ability to offer extensive development assistance.

Institutional and Policy Shortcomings:

  • India currently lacks a clear institutional framework for global development aid.
  • Unlike China’s BRI or Japan’s Official Development Assistance (ODA), India needs a well-defined, long-term development policy.

Diplomatic Balancing Act:

  • India must carefully manage its growing ties with the US and Europe so as not to alienate its Global South partners.
  • There have been concerns among some developing nations, such as the “India Out” campaign in the Maldives, where India’s assertive approach has been perceived as interference in domestic affairs.

Recommendations for Enhancing India’s Role as a Global Development Partner

Establish a Structured Development Policy:

  • Create an India International Development Agency to coordinate foreign aid and manage long-term projects.
  • Consider launching an India-led Global South Development Fund to finance sustainable infrastructure and development projects.

Promote North-South and South-South Cooperation:

  • Encourage trilateral partnerships (for example, India-US-Africa or India-Russia-ASEAN) to maximize the impact of development initiatives.
  • Strengthen existing frameworks like IBSA (India-Brazil-South Africa) and BRICS while offering low-cost credit lines to developing nations.

Enhance Financial Connectivity:

  • Support the internationalization of the Indian currency, promote RuPay, and expand the Unified Payments Interface (UPI) and digital payment systems to boost financial inclusion in the developing world.

Focus on Human-Centric Development:

  • Expand initiatives like Mission LiFE (Lifestyle for Environment) to include human capital development.
  • Utilize programs such as Skill India, women entrepreneurship initiatives, and Indian Technical and Economic Cooperation (ITEC) to build capacity in the Global South.

Increase Soft Power and Cultural Diplomacy:

  • Engage the Indian diaspora in Africa, Latin America, and South Asia to act as cultural ambassadors.
  • Strengthen education and research ties by offering scholarships and technical training programs.

Conclusion

India’s evolving role as a bridge between the Global North and South is a significant step toward reshaping global governance and promoting inclusive development. By addressing internal challenges, establishing robust institutional frameworks, and leveraging its historical legacy, India can emerge as a formidable global development partner. With transparent and sustainable development strategies, India’s leadership can drive global equity and sustainable growth, fostering a more balanced and just international system.

Details

Date:
February 18
Time:
7:00 am - 11:30 pm
Event Category: