The mounting defence pension burden lingered until Agnipath came in 2022. But any steps to cut pension costs now will take 15 years to make an impact as retiring Agniveers reduce annually
In an 'Off The Cuff' conversation with Shekhar Gupta & Manasi Phadke, Mahesh Vyas, also the CEO of Centre for Monitoring Indian Economy, also spoke of bringing reforms in the Indian economy.
Lt Gen Anil Puri, addl secy, Dept of Military Affairs, says govts have wanted to reduce age profile of forces since 1990 & recruitment break caused by Covid gave opportunity for reform.
Indians are refusing to be silent spectators of Modi govt's disruptive policies. Agnipath protests are the latest indicator from a society that won't be muzzled.
Government’s latest Periodic Labour Force Survey, released last week, shows that India’s salaried class has grown 3 percentage points & 1 percentage point in rural & urban areas.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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