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Q.Study the picture given below carefully and answer the following questions : [Words printed in the cartoon: “EAST ASIAN NATIONS”; “WE’LL HAVE TO GET USED TO IT...”; “COMPETITION”]

(i) The given image refers to which policy of India since 1991 ?
(ii) Explain the significance of this policy as shown in the image above.
(iii) Evaluate India’s role in ASEAN. [For Visually Impaired Candidates, in lieu of this question: (20.1) What is the full form of ASEAN ? (20.2) Evaluate India’s role in ASEAN. (20.3) What did the Chinese do to break from their economic stagnation ?]
CBSECBSE Class XII Board 2019Subjective· 5mImportance★★★★★
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The image depicts India's "Look East Policy," initiated in 1991, signifying its shift towards economic engagement and competition with dynamic East Asian economies, and its growing strategic partnership with ASEAN.

India's economic landscape underwent a significant transformation in 1991 with the introduction of liberalisation, privatisation, and globalisation (LPG) reforms. This marked a departure from the previous inward-looking, protectionist economic policies. As part of this broader shift, India began to actively seek greater integration with the global economy and forge stronger ties with other nations.

  1. The given image refers to the Look East Policy of India, which was initiated in 1991.
  2. The cartoon, with the phrases "EAST ASIAN NATIONS" and "WE'LL HAVE TO GET USED TO IT... COMPETITION," effectively illustrates the core significance of the Look East Policy. Prior to 1991, India's economic interactions with East Asian countries were limited. The policy was a strategic move to:
  • Diversify Economic Ties: Shift focus from traditional Western partners to the rapidly growing economies of Southeast and East Asia, which were emerging as global economic powerhouses.
  • Embrace Competition: Acknowledge the need to compete with these dynamic economies, learn from their success, and integrate into regional supply chains. The phrase "WE'LL HAVE TO GET USED TO IT... COMPETITION" directly reflects this new mindset of opening up to global market forces.
  • Attract Investment and Technology: Seek foreign direct investment and advanced technology from these developed and developing East Asian nations to fuel India's own economic growth.
  • Enhance Strategic Presence: Beyond economics, the policy also aimed to strengthen India's strategic and security presence in the Asia-Pacific region, which was becoming increasingly important in global geopolitics.
Important

The Look East Policy was a cornerstone of India's post-1991 foreign policy, signalling a fundamental shift from a protectionist to an outward-looking economic and strategic approach.

(iii) India's role in ASEAN (Association of Southeast Asian Nations) has evolved significantly since the inception of the Look East Policy. ASEAN, comprising ten Southeast Asian nations, is a crucial regional bloc for India's engagement with the East.

India's engagement with ASEAN can be evaluated through several key stages and areas of cooperation:

  • Evolution of Partnership:
    • India became a Sectoral Dialogue Partner of ASEAN in 1992, marking the initial step towards formal engagement.
    • This was upgraded to a Full Dialogue Partnership in 1995.
    • In 2002, India became a Summit-level Partner, allowing for direct interaction between the heads of government.
    • The relationship was further elevated to a Strategic Partnership in 2012, underscoring the comprehensive nature of their ties.
  • Economic Cooperation:
    • Trade and investment have been central to the partnership. India and ASEAN signed a Free Trade Agreement (FTA) in goods in 2009, which came into effect in 2010. A similar FTA in services and investment was signed in 2014.
    • This has led to increased bilateral trade and investment flows, though there is still significant potential for growth.
  • Connectivity Initiatives: …

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