Fiscal Deficit: Story of the Magic '3' Per cent (Part I)

Magic 3% Three per cent Fiscal Deficit! This is a dream announcement any finance minister of India would love to make. Fiscal deficit is the excess of payments over receipts of the government. The quantum of fiscal deficit in budgets in Ind....

Strategies for Enhancing India’s Comprehesive National Power

Comprehensive National Power – Concept and Utility National power is defined as the ability of a nation to attain its strategic objectives by directed action. The use of power would be based on the overall national vision based on the asp....

Budget 2016: A Delicate Balancing Task achieved

All budgets are in a sense compromises with different stakeholders. Whether it is a housewife making budget for home or a Chief Finance officer for a company or Finance minister for the Government. The core issue is that expenditure is always larger ....

Interaction with Daniel Pipes, President of the Middle East Forum

OOn 10 February 2016, the VIF invited Daniel Pipes, an internationally acclaimed scholar on radical Islam and the President of the Middle East Forum, for an interaction on Islamism and the politico-religious dimensions of the conflict in the Middle E....

GDP numbers-First time, how reliable?

India’s economic growth for the financial year 2016 has been estimated at 7.6 per cent as compared with the revised estimate of 7.2 per cent in the previous year, aided mostly by growth in the manufacturing sector. However, the GDP growth for th....

Round table Conference on Energy Security on 14-15 May, 2015 - Summary of Recommendations

1.The Round-table recognised that energy access is critical for energy security. It took note of the fact that 80 million households are still to be provided with electricity and energy. This denies them a fair share of economic growt....

Interaction with Dr Thomas Bagger, Head of Policy Planning, German Foreign Office

Dr Thomas Bagger, Head of Policy Planning, German Foreign Office, visited the VIF on February 24, 2016 for an interaction that ranged across a wide and varied geostrategic landscape, inter alia, the future of the European Union, German foreign policy....

Interaction with a Nepalese Business and Trade Delegation

Leading a twelve-member business and trade delegation from Nepal, Mr. Bhanu Bhakta Dhakal, the Chief Whip of CPN-UML (the second largest political party in Nepal’s consensus government) visited the Vivekananda International Foundation on 22 Feb 201....

Defence Budget 2016-17: Needed more Funds and Timely Spending

Unspent Funds At the end of the third quarter of Financial Year (FY) 2015-16, 40 per cent (Rs 37,000 crore out of Rs 93,675 crore) of the capital budget of the armed forces remained unspent. As it will not be possible to spend all of the re....

Breakout Moment for Iran

The Iran Nuclear Deal or Joint Comprehensive Plan of Action (JCPOA) was implemented on 16th January 2016 after Iran completed its obligations for securing suspension of nuclear related sanctions imposed on it. This ends the economic and po....

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