Dr Swamy, the only economist amongst Indian parliamentarians, always favours a foreign policy based on transactions because he understands American Lawmakers’ psyche
Indian foreign policy-makers need to make a transitional shift towards transactional based foreign policy. It’s always give and take. Until Indian foreign policy babus and Foreign Ministers understand the importance of transactions for American foreign policy creators, they will continue to make reactionary foreign policy decisions. The reaction is not always good. Responsibility is.
The responsible foreign policy will ideally try to understand American objectives and weigh it against Indian objectives and barter. But a reactionary or irresponsible foreign policy will always jolt Indian foreign ministers and babus into doing something immature.
Dr Swamy, the only economist amongst Indian parliamentarians, always favours a foreign policy based on transactions because he understands American Lawmakers’ psyche. That’s the most pragmatic way to deal with America.
For example, offering Indian ground troops in exchange for hardware in larger interests of India and USA. For example, offering Tech Manpower in exchange of Know-how is always a pragmatic way. Give and take is the most ancient law of peaceful co-existence when both parties need that. Offering 100% tax incentives from both sides on equitable items is a pragmatic way. Offering Indo-US armed treaty in exchange for Indo-Pacific support from USA is the next logical thing.
Sanctions for Sanctions when the Indian economy is growing and needs international support is not the most practical way. I hope Indian foreign policy-makers listen to Dr Swamy and make India greater today.
Areas where India can help the USA
- Military manpower
- Financial markets
- Metals and minerals
- Manufacturing hub
Areas where the USA can help India
- Non-IT Manufacturing innovation
- Technology for agriculture
More is needed to be done from India today. I hope things will not become worse.
1. The views expressed here are those of the author and do not necessarily represent or reflect the views of PGurus.