The global framework established after World War II, supported by organizations like the WTO and the UN, is currently experiencing a significant shift.
As Western influence wanes and Asia, particularly India and China, rises in prominence, there is a pressing need to reevaluate multilateralism, trade practices, and global governance structures.
1. Decline of the Post-Colonial Global Framework: The WTO, UN, and similar organizations are losing their credibility and relevance in the current global scenario. The COVID-19 pandemic exposed the G7’s insular approach, diminishing the global North’s moral authority.
2. Rise of Regional and Bilateral Agreements: Bilateral trade agreements are gaining prominence over multilateralism, often at the cost of domestic autonomy. New regional groupings like BRICS+ are emerging to fill the void left by traditional institutions.
3. India’s Strategic Position in Asia: India has a crucial role in collaborating with ASEAN and the African Union to establish a new trade-consumption network. Proposing an Asian Common Market could counterbalance Western trade blocs.
4. Technological and Innovative Opportunities: India has the potential to lead in AI and software innovation, particularly in open-source systems. Companies like Huawei and DeepSeek highlight India’s capabilities in AI and chip design, such as 7nm technology.
5. Learning from the Chinese Model: India should adopt an internally-driven growth model similar to China’s, focusing on reducing electricity costs, enhancing patent output, and fostering home-grown innovation.
1. Formulating Alternative Multilateral Approaches: India should spearhead the development of new global governance frameworks that are inclusive of Asian and African perspectives.
2. Enhancing Research and Development: Significant investment in AI, semiconductor technology, and language models is essential to boost India’s position in these critical areas.
3. Revamping Trade Architecture: India needs to move beyond traditional tariff-based approaches to comprehensive agreements that encompass services, investment, and infrastructure.
4. Promoting Open-Source Technologies: Open-source technology can serve as a tool of soft power for India in the evolving digital landscape, enhancing its global influence.
5. Building Strategic Trade Partnerships: India should focus on forming bilateral trade alliances with regions like ASEAN and Africa, where there is a growing consumer base and rising demand.
The editorial emphasizes the urgent need to balance 'maximum governance' with 'maximum accountability.'
1. Diminishing Role of Legislative Oversight.
2. Underutilization of Parliamentary Mechanisms.
3. Limitations of Parliamentary Committees.
1. Institutionalize Post-Legislative Scrutiny:
2. Increase Public Access and Discourse:
3. Leverage Technology for Effective Oversight:
Strengthening legislative oversight should be seen as a means to enhance governance, not as a challenge to the executive.
As K.R. Narayanan, the Vice President, mentioned during the 1993 launch of DRSCs, these committees are intended to bolster administration, not undermine it.
A well-scrutinized Parliament ensures that governance remains accountable, transparent, and truly representative of the people's interests.
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1. What are the key factors contributing to the shift in the global order as discussed in the editorial? | ![]() |
2. How does strengthening parliamentary oversight in India relate to the global order? | ![]() |
3. What role does public participation play in strengthening parliamentary oversight in India? | ![]() |
4. What are the challenges faced by the Indian Parliament in enhancing its oversight functions? | ![]() |
5. How can technology improve parliamentary oversight in India? | ![]() |