News Maker Obor: Has India Missed The Bus?
The Finapolis|June 2017

Has India missed the bus? Instead of steering clear of the possible problems and strategic hurdles, India has avoided the journey itself. Is it a diplomatic goof up? Maybe, yes. For a nation that could weave and cobble up BRICS (Brazil, Russia, India, China and South Africa) group, staying aloof from a massive global summit at Beijing on May 15 and16; and dithering over too many issues came as a terrible embarrassment.

Mubaashir Ansari & A SayeSekhar
News Maker Obor: Has India Missed The Bus?

India’s concerns over the dream scheme of President of the People’s Republic of China Xi Jinping – the One Belt One Road (OBOR) – project that galvanises the economies and encapsulates over 65 per cent of world’s population cannot be trashed as a figment of fertile imagination, though. India’s fears are, for sure, not unfounded.

India claims that it surely is a sovereignty issue. The core of the concern is the 3,000km China-Pakistan Economic Corridor (CPEC)that connects Pakistan’s deep-water port Gwadar and China’s Xinjiang.

For the CPEC, Gilgit-Baltistan region in the disputed Pakistan-Occupied Kashmir (PoK) becomes a thoroughfare. Presence of China in a territory which India is claiming as its own integral part naturally behoves India to insulate itself from any fresh controversy.

If China controls Gwadar port, and OBOR boosting China’s access to Indian Ocean, the continental shelf of India too comes under threat. The Indian Ocean would have India only in its name.

China’s string-of-pearls policy around Indian Ocean would complete the circle around India – in a way China grips India, leaving the latter to grapple.

Critics came forth pouring scorn over India’s “skewed foreign policy” alleging that it has already gone into a tailspin. Partly, this is true. For, as many as 65 nations with more than 22 heads of governments and the rest through their delegations participated in the OBOR summit. India remained sulking outside the door.

India could have, in fact, made the best use of the opportunity to cry foul aloud and negotiate its space in the largest economic activity in the world. This would have obscured the importance China is deliberately bestowing on Pakistan.

This story is from the June 2017 edition of The Finapolis.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the June 2017 edition of The Finapolis.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE FINAPOLISView All
7 Ways to Prevent Text Neck
The Finapolis

7 Ways to Prevent Text Neck

Our head is heavier at an angle than it is at a neutral position. That means our increasing usage of smartphones for reading, texting, etc is putting undue pressure on our spine

time-read
3 mins  |
September 2016
How To Take Your Networking To Next Level
The Finapolis

How To Take Your Networking To Next Level

Networking is one of the best ways to use your time

time-read
4 mins  |
September 2016
5 Fun Ways To Save Money
The Finapolis

5 Fun Ways To Save Money

There are several simple ways to reduce spending and rack up more cash. Sukanta Kundu lists some interesting ones.

time-read
4 mins  |
September 2016
Understand Money Past, Present And Future
The Finapolis

Understand Money Past, Present And Future

It is important to strike a balance between the desire to prepare for the future and save versus the impulse to live for the present and enjoy earnings now

time-read
5 mins  |
October 2017
Buddy, Either A Borrower Or A Lender Be...
The Finapolis

Buddy, Either A Borrower Or A Lender Be...

P2P lenders are (mostly) for-profit online “marketplaces” like Flipkart or, eBay, that arrange for borrowers to deal with lenders directly

time-read
4 mins  |
October 2017
Why The World Must Pay Heed To The 'Crypto Wave'?
The Finapolis

Why The World Must Pay Heed To The 'Crypto Wave'?

Prolonged ignorance could result in a sudden shock for the global economy

time-read
5 mins  |
October 2017
Demo Hasn't Dented Deposits
The Finapolis

Demo Hasn't Dented Deposits

Demonetization has resulted in a permanent improvement in bank deposits while not really inspiring large withdrawals among people in its aftermath

time-read
5 mins  |
October 2017
How Big Basket Grew To Become India's Leading E-grocer
The Finapolis

How Big Basket Grew To Become India's Leading E-grocer

Mubaashir Ansari interviews Hari Menon, Co-Founder & CEO, Big Basket

time-read
10 mins  |
October 2017
Faster Internet Speed Spurring OTT Growth In India
The Finapolis

Faster Internet Speed Spurring OTT Growth In India

Though the Internet speed in India is still at just a third of the global average, industry players feel the optimal data speed, coupled with friendlier data costs, will lead to higher OTT growth

time-read
3 mins  |
October 2017
Ask The Finapolis
The Finapolis

Ask The Finapolis

Col. Sanjeev Govila (retd) of Hum Fauji Investments answers readers’ queries on investments, taxation and personal finance. Do you have a question you want answered? Email your question to feedback@thefinapolis.com

time-read
4 mins  |
May 2017