India has placed third in the Asia Power Index by Lowy Institute, indicating its remarkable rebound from the COVID-19 pandemic. This rise has, in turn, enabled India to outstrip Japan financially speaking and also reflected its rising role as a regional power
Asia Power Index Overview
- Assessing influence and power of 27 countries in Asia-Pacific.
- Factors (military strength, economic resources, diplomatic influence and cultural impact)
- USA Score: 81.7, China Score: 72.7, India Score: 39.1, Japan Score: 39.1, Australia Score: 31.9 & Russia Score: 31.1 are top six countries.
India ranks 4th in Asia Power Index
- Economic Growth: Strong rebound from the COVID-19 pandemic uplifted India's score by 4.2 points
- India = emerging, driven by its population + GDP powers up PPP ranking
- Transformation in the Diplomatic Arena: Post-LAC times have seen India upping its ante internationally especially through an expanded presence on multilateral forums like Quad, and therefore has gained a broader sphere of diplomatic influence.
Leadership and Strategicoice in India
Under Prime-Minister Narendra Modi, India emerged from the shadows and adopted a non-aligned foreign policy, enabling it to navigate difficult geopolitical waters by exerting regional power.
Month: Current Affairs - October 20, 2024
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