Lack of expertise, research and interest among parliamentarians, existence of lobbies, political opportunism have led to the current impasse in defence deals.
In all high-ticket defence deals, it may be prudent for the government to brief a compressed Parliamentary Committee for Defence, regarding the nuances of the contract.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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