India's timely response during the economic crises in Sri Lanka and the Maldives reflects its "Neighbourhood First" policy in action. Examine how Indian aid has impacted bilateral ties with these nations. What steps can further be taken to promote sustainable economic cooperation in the Indian Ocean region? (Answer in 250 words)
India's role of first responder in crisis to Sri Lanka in 2022 and Maldives in 2024-25 shows assure of neighbourhood first—non-reciprocal, consultative & outcome oriented approach Impact of Indian aid on Bilateral Ties *Sri Lanka → support with debt restructuring [$billion] and swaps (currency swap-4billion) → supply of essential items like medicine, food etc. Change ) Sri Lanka-India defence cooperation won't allow using of Sri Lankan for anti-India activities
2Awarded highest honour to PM Modi by 6/10 3) Increased bilateral trade & economic relation (Insomallee, east continent) 4) Adopting of 'MARITIME DOCTRINE' and India's role as net security provider for Maldives ⇒ oilpower & goodwill → Aid of Rs 400 crore allocated in Budget ⇒ Non predatory financing → High impact projects like Community Housing and airport (Addu AOU) etc. Concern ) China's incursion spell policy Delay Indian project → delayed due to neighbouring balance, lagoon Bandwagon Limited financial capacity → smaller Indian economy
Steps to Improve sustainable economic cooperation in IOR • Connectivity through Transit based Diplomacy → use of sea lanes of communication for connectivity • Multiple stop points (& Maldive, Vikram, Colombo) • Faster completion of Projects by Days in Housing Project in Maldive and Greater Male Connectivity project • Grant based Aid for soft power and goodwill compared to China • Strengthen Regional Forums BIMSTEC, IORA and IONS • engage in HADR project to support & exercises bagel strategic & Maldagad. for India to develop as net security provider of IOR, support & cooperation with neighbors is necessary.
— Samiksha Dwivedi · AIR 56
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Conclusion
For India to develop as net security provider of IOR, support & cooperation with neighbors is necessary.
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Diagram
Map showing India, neighbouring states in South Asia, and connections