Abstract and Keywords
This chapter first discusses the nature of challenges that natural resources pose to India’s growth and then focuses on four related issues: its resource trade and investment patterns; the global responses its searches for resources and engagements have evoked; the sustainability and equity challenges around resource development for India’s growth; and finally the foreign, trade, and security policy implications of a growing global resource dependence. It posits three scenarios of how India may perceive itself and orient its resources policy in response to the unfolding global and domestic developments. The chapter suggests an urgent need for the Indian state to engage more sharply, effectively, and with greater commitment on the natural resources question. It also suggests the need for international action to attend to allocation, regulation, and sustainability in the global resource economy.
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