Strategic Consequences of India's Economic Performance

Economic performance and capability certainly constitute the foundation of national security and power for a developing nation like India. India has the military capability to defend her territorial integrity and security; however, it will have to sustain higher rates of economic growth to be able to alter the strategic balance in Asia, and globally, to her developmental advantage. Having said this, the author argues that it is not economic growth by itself that holds the key to India's global profile and power, but the nature of that growth process and the manner in which the economic challenges it faces today are addressed. The threat to what more recently has come to be defined as 'homeland security' is posed by social and economic backwardness, the inequalities and the political uncertainty this generates, and the quality of economic development.