ReferIndia News Why Market Economy Remains India's Best Bet Despite Cold War II Challenges

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Why Market Economy Remains India's Best Bet Despite Cold War II Challenges

Published on: Jan. 12, 2026, 7:35 a.m. | Source: scanx.trade

India's post-COVID economic interventions have proven successful, with infrastructure stimulus and factory subsidies supporting growth amid macroeconomic stability. As global Cold War II tensions drive countries toward increased state intervention, including America's industrial protections against China's rise, India faces strategic choices about economic policy direction. While targeted government support through technology initiatives and strategic interventions can benefit the economy, maintaining market-oriented policies remains crucial for competitiveness and allocative efficiency, with India's post-1991 success demonstrating the importance of flexible, result-focused rather than ideologically driven economic approaches.

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