India's move to abolish its 62 cantonments is expected to release up to 1.61 lakh hectares of land. It will stimulate economic activity and provide welfare to economically weaker sections.
Military area within cantonments will now be converted into a military station, while civilian areas will merge with municipality. There are 62 cantonments in India.
After exuberance, India must now not only take difficult and costly steps toward industrialisation, but also convert growth into geo-economic leverage and military modernisation.
WEF report flags growing erosion of multilateralism, long considered stabilising force. 'Declining trust, heightened protectionism are threatening trade, investment.'
Pakistan lacks capacity to deliver aircraft at pace suggested by its claimed contracts as it depends on China for avionics, electronic warfare, weapons, and on Russia for engines.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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