(Online Course) Contemporary Issues for IAS Mains 2012: India and The World - Look East Policy (LEP)

India & The World

::Look East Policy (LEP)::

Question : What is the fundamental goal of LEP?

Answer :

  • To qualitatively enhance synergies and civilization in East and South East Asian region.

Question : What comprises “East”?

Answer :

  • Part of South Asia, South East Asia and East Asia.
  • India’s “New for east” comprising island nation-states in the pacific, with Fiji being their hub and dominant power.

Question : How Look east policy emerged?

Answer:

  • The end of cold war and downfall of USSR
  • Emergence of unipolar world.
  • Rapid integration of Indian economy with global economy.
  • Expansion of potential India’s trade and investment with the dynamic Asian region.
  • Slow progress in regional integration of South Asia through SAARC.
  • The need to balance China’s rapid rise.

Question : What are the common issues between India and Asian?

Answer:

  • UN reforms
  • Global economic crisis
  • Small and medium enterprise
  • Science and technology.
  • Climate change
  • Maritime security
  • Future of community-building in Asia
  • Issues of national concern such as terrorism

Question : What are the issues regarding revamping look east policy?

Answer :

  • Increase the involvement of businesses in eastern India.
  • Measure to connect NE with rest of India and South Asia.
  • Giving more importance to Myanmar and Bangladesh.
  • Identifying the shortcomings and bottlenecks in sub-Asian level institutions.
  • Focused Attention at administrative as well as entrepreneurial levels.
  • Not just look east, but need to engage east Asia.

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