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.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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