Essay on Role of India in promoting regional co-operation for Class 10, 12, Mains Exam (UPSC, PSC, SSC)
Role of India in promoting regional co-operation Essay : The largest democracy in the world, India is on its way to becoming the world’s third-largest economy by 2027, overtaking Germany and Japan. With its Geographically advantageous location, it shares international trade routes mainly through the Indian Ocean route trading spices and silk from China The East Coast of Africa provided gold.
The Suez Canal has further increased this importance as it has established the trade distance between India and Europe by nearly 7,000 km. India’s emergence as a global economic power has mounted upon it several regional obligations.
India’s Initiatives Of regional integration in South Asia aim at economic prosperity and political stability. The South Asian Association for Regional Cooperation (SAARC) and India’s Neighbourhood First Policy are the two vehicles in this process.
India’s Neighbourhood First Policy embodies India’s vision of building a Vasudhaiva Kutumbakam ( the world as one family).
Development Assistance: India has allocated INR 62,920 million in its budget for 2022-23 for development assistance to countries in India’s neighbouring countries like Bhutan and Myanmar.
India’s vaccine diplomacy (Vaccine Maitri) of India’s Neighbourhood First policy entails India extending help to many neighbouring countries like Bangladesh and Nepal during the Covid-19 pandemic.
Established in 1985, the South Asian Association of Regional Co-operation comprised of India, Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka and Maldives. Afghanistan joined the SAARC in 2007 as the 8th Nation.
As the founding member of the SAARc, India contributes to:
i) Promote the welfare of the people of South Asia and improve their quality of life. As a rapidly developing nation, India acts a catalyst to strengthen cooperation with other SAARC nations like Bhutan to develop at the same rate.
ii) Accelerate economic growth, social progress and cultural development in the region by providing all individuals with the opportunity to live in dignity and their full potential. For instance, Foreign Indian Foreign Minister, S.Jaishankar recently stated that cross-border terrorism, obstruction of trade, and blocking connectivity are the three key challenges that India with the other SAARC nations need to solve.
iii) Promote active collaboration and mutual assistance in economic, social, cultural, scientific and technical fields by contributing to mutual trust, understanding and appreciation of one another’s problems.
iv) Co-operate with international and regional organizations like United Nations and Asia-Pacific Economic Cooperation with similar aims and purposes. For instance, the Ministry Of External affairs promised to supply COVID-19 vaccines to SAARC Nations under grant assistance.
v) India’s major contribution has been to agricultural and rural development. It has worked rigorously towards Human Resource Development and Tourism. SAARC’s expansion of economic trade and finance has been achieved through India’s unrelenting assistance.
In conclusion, India has taken long strides into becoming a major economic power in the world to reckon with. It has gained a prominent status, particularly in the southern Asian region. It has contributed as the founder of the South Asian Association in Regional Co-operation in 1985 with works to develop and maintain political economic and social stability between countries of the Southern Asian regions. India has also significantly contributed to the cultural, linguistic, religious and culinary affinity that defines the South Asian identity.
FAQs on Role of India in promoting regional co-operation
Q1. When and by whom was SAARC created?
Ans: The South Asian Association of Regional Co-operation was founded by India. Pakistan Bangladesh, Bhutan, Nepal, Sri Lanka, and Myanmar in December 1985. Afghanistan joined in 2007.
Q2. How did India contribute regionally during the COVID-19 Pandemic?
Ans: India contributed by providing home-developed Covid-19 vaccines to SAARC nations under the Vaccine Maitri policy.
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