MODINOMICS ने सभी को किया FAIL, CREATES $600 BILLION SOVEREIGN FUND | Ep- 1685 | Umesh Agarwal
India and Indonesia: New Age Strategies to Build National Wealth
In a rapidly evolving global economy, nations like India and Indonesia are charting bold paths to maximize their economic potential. With the goal of making their countries wealthier and less reliant on external forces, both nations are focusing on strategic financial instruments, sovereign wealth funds, and digital economic frameworks. These ambitious plans are not just about numbers—they reflect a larger vision of self-reliance and dominance in the global economic arena.
Indonesia’s Bold Leap: Danantara and the $982 Billion Vision
Under the leadership of President Prabowo Subianto, Indonesia has unveiled its grand plan to rival some of the largest sovereign wealth funds in the world, including the Abu Dhabi Investment Authority. Dubbed Daya Anagata Nusantara (Danantara), this fund is set to transform Indonesia’s economic landscape.
Danantara will consolidate assets from state-owned enterprises like Bank Mandiri and Pertamina, managing them under a single umbrella. This fund is projected to expand its portfolio to a staggering $982 billion in a few years—a bold move for a nation looking to break free from the volatility of global markets influenced by U.S. monetary policies and geopolitical tensions.
However, such ambition comes with risks. Critics argue that direct political control over financial institutions could lead to misuse and corruption. The infamous 1MDB scandal in Malaysia serves as a stark reminder of how things can go wrong when governance falters. Yet, Indonesia remains undeterred, believing that centralized management will allow for streamlined decision-making and faster economic growth.
The real question is whether Indonesia can effectively emulate the success of Singapore’s Temasek Holdings, which has consistently delivered annual returns of 7% over two decades. If Danantara succeeds, it will not only bring prosperity to Indonesia but also position it as a major economic powerhouse in Asia.
India’s Sovereign Wealth Fund: A Step Towards Global Infrastructure Dominance
India, too, is making strategic moves to capitalize on its growing economic strength. Reports suggest that the Indian government is considering a sovereign wealth fund aimed at investing in overseas infrastructure projects. The idea aligns with India’s broader vision of becoming a global leader in infrastructure and technology, leveraging its massive reserves to secure long-term growth.
This move is part of a larger strategy to mimic the success of global funds like Temasek and Norway’s Government Pension Fund. By investing in high-return projects abroad, India aims to create a steady revenue stream that can be reinvested in domestic development, reducing dependency on foreign capital and boosting its financial resilience.
But why now? The answer lies in India’s growing confidence on the world stage. With a stable government under Prime Minister Narendra Modi and a strong push towards Atmanirbhar Bharat (Self-Reliant India), the time is ripe for India to deploy its financial strength strategically. If executed well, this fund could redefine India’s economic trajectory.
ASEAN’s Digital Economy Framework: Lessons for India and Indonesia
While sovereign wealth funds grab headlines, the digital economy is quietly emerging as a goldmine for ASEAN nations, including Indonesia. The Digital Economy Framework Agreement (DEFA), set to be finalized in 2025, aims to create a unified digital market across Southeast Asia.
This framework will standardize rules for e-commerce, digital payments, and cross-border data flows, enabling seamless business operations across the region. With the digital economy projected to grow from $300 billion to $1 trillion by 2030, DEFA’s potential is enormous.
For Indonesia, DEFA provides an opportunity to tap into this growth by leveraging its digital infrastructure and startup ecosystem. For India, while not a part of ASEAN, the agreement serves as a blueprint for creating similar frameworks to accelerate its own digital economy
EMAIL: Coffeewithsumeetjain@gmail.com
👉Instagram: [ Ссылка ]==
👉TWITTER: [ Ссылка ]
👉TELEGRAM GROUP [ Ссылка ]
#Sumeetjain #sumitjain #modi #india #bharat #indiashinning #worldorder #China #pakistanreaction #pakistanmediacrying #pakistanfunnyreaction #pakistanarmyfails #ttp #bla #balochistan #pok #boycottcongress #rahulgandi #poledancersonia #geopolitics
#currentaffairs #currentissue #rahulgandhi #congressmuktbharat
