Politicians must be made to understand that defence expenditure is like an insurance premium on national security, so defence budget needs to be boosted.
Se La tunnel, security for Army bases, war reserves, Make in India, vehicles and surface-to-air missiles are just some important projects that’ll suffer.
Army chief says it’s wrong to say defence expenditure is a burden for nation; Parliament panel informed that threat perception is high after Doklam standoff.
The entry of PSUs into mega tender ‘reserved’ for private industry is a symptom of continued protectionism. It’s a challenge the government has to tackle.
The defence squeeze is particularly difficult to understand because the BJP has traditionally been more security-oriented than other political parties.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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