Abstract

Paper Title/ Authors Name Download View

INDIA'S FOREIGN AID: SOCIAL RESPONSIBILITY OR HEGEMONIC STRATEGY?

Shailly Nigam


The South–South Cooperation (SSC) is a word used to represent an expansive outline for association among countries of the global South in their economic, socio-cultural, technical and environmental aspects by the exchanging resources, technology, and knowledge. In past, Indian economy had to rely heavily on the official development assistance provided to it by other countries, but even then, it had a characteristic feature of providing the development assistance to the less developed economies. Over time, it has transformed itself into a country which provides substantial aid for the growth and development, especially under SSC. The aid has been beneficial not only for the growth of recipient countries, but also for the reputation of India in global South. This study analyses the aims of the help provided by India under SSC and evaluates the objectives behind it. The paper examines the purpose of the aid provided by India over last decade and scrutinises the basis behind each objective. Though from a bird’s eye view, it seems that India provides a lot of aid to the other countries, a technical investigation into the pattern of the aid, specially that provided in recent years, reveals a focus on development of the regional economies of Indian subcontinent and suggests that it may be a result of desire to increase India’s economic clout in the region.