Geo-Economic Transformation in India: Analyzing the Impacts and Strategies of the Modi Regime
Keywords:
Geo-economics, Polycentric, Modi-nomics, Make in India and PragmatismAbstract
This research aims to explore the geo-economic transformation in India outlined by the Prime Minister Modi-led strategy for global economic governance. Modi's strategy for global governance has intended to promote India's distinctive civilizational identity in addition to being motivated by realistic considerations about addressing India's advancement and growth needs. India has a giant impact on the world's economic landscape due to the new "polycentric" geo-economic structure of power by diversifying the revitalization of world politics. The Modi-regimes reflect an extensive approach to reshape India’s economic landscape, targeting sustained growth and greater global integration while navigating complex geo-economic standpoints. Modinomics agenda based on rationalizing and reforming government by implementing the "Make in India" initiative on a global scale. Modi created a pragmatist, all-encompassing foreign policy strategy that engages all significant powers in collaboration. The Modi strategy has also focused on strengthening bilateral and multilateral relations to enhance India’s impact on regional and global networks. Furthermore, India has motivated to participate in international forums for advocating policy reforms in global trade and finance
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