Tough Days Ahead for India? The regional economic and political developments may have near-immediate affect on the Indian economy, apart from the internal pressures. The recent regional economic and political crises in south Asia, most of them in immediate neighbours of India, have raised concern amongst the Indian establishment. The economic turbulence in Sri Lanka, Nepal and Maldives and the political turmoil in Pakistan may affect India manifold. The economic impact of the various crises is expected to begin manifesting themselves soon, if governments of those countries fail to address the crises quickly. To accord priority to India’s neighbours in their international activities, programmes and projects, was stressed at the first ever Inter-Ministerial Coordination Group (IMCG) meeting organised on April 12 in New Delhi. Sri Lanka’s economic woes The economic turmoil in Sri Lanka is currently viewed as the most pressing foreign challenge by the MEA w...