Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, also accorded approval for indigenous development & production of ammunition for T72 and T90 tanks.
The development is a setback to PM Modi’s $250-billion military modernisation plan to arm India's defense forces with state-of-the-art military hardware at a time when threats from neighbours China and Pakistan are rising.
A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
One can be skeptical and questioning about the announced use of the 2000cr. This budget is said to be for indigenous development and production of ammunition for T72 and T90 tanks by the Indian industry. The T 72 was designed in the mid-1960s. Its effectiveness is mixed. The Indian army has about 2200, T72. The question arises whether it is relevant to continue to focus on this tank. The country’s armament policy must meet its immediate and future security needs. On this side one can be questioning if one examines the park of the tanks of the Indian army. It seems incoherent to invest in outdated models and to show interest in the new Russian T-14 Armata tank. We must introduce rationality at the level of all the components of the army.
One can be skeptical and questioning about the announced use of the 2000cr. This budget is said to be for indigenous development and production of ammunition for T72 and T90 tanks by the Indian industry. The T 72 was designed in the mid-1960s. Its effectiveness is mixed. The Indian army has about 2200, T72. The question arises whether it is relevant to continue to focus on this tank. The country’s armament policy must meet its immediate and future security needs. On this side one can be questioning if one examines the park of the tanks of the Indian army. It seems incoherent to invest in outdated models and to show interest in the new Russian T-14 Armata tank. We must introduce rationality at the level of all the components of the army.
Poor socialist Modi can’t afford 2000 rafale jets.