Abstract
This topical imprint analyzes the multifaceted impacts of war on the Indian economy, exploring historical and contemporary conflicts and their economic repercussions.
The first article, authored by Bhavani Bhalla and Sejal Goyal, explores the historical context of warfare in India, tracing its effects from the Vedic period through the Maurya and Gupta empires, the medieval period, colonial rule, and into the post-independence era. The authors illustrate how wars have historically disrupted trade routes, altered economic exchanges, and strained local economies. They highlight significant conflicts such as the Kalinga War and the Anglo-Mysore Wars, emphasizing that warfare has often led to increased taxation on agrarian communities and profound economic transformations.
The second article, authored by Tharun K M, focuses on the economic shockwaves caused by modern conflicts, particularly the Russia-Ukraine war. K M discusses how supply chain disruptions and rising energy costs from such conflicts disproportionately affect developing nations like India. The article outlines how these wars lead to inflationary pressures, infrastructure damage, and food security concerns, ultimately exacerbating vulnerabilities in India’s economy.
The third article, authored by Janvi Allawadhi, Aanya Jain, and Sneha Verma, examines the ongoing geopolitical tensions and their implications for India’s economic stability. The authors argue that modern conflicts have imposed significant costs on India’s economy by diverting resources towards defense spending at the expense of social welfare investments. They analyze how contemporary issues such as terrorism and border tensions with neighboring countries further strain trade relationships and energy security while impacting inflation.

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