On 21 April 1975, Godhra MP and founding member of Swatantra Party spoke in the Lok Sabha during a debate on defence expenditure and purchase of arms. 'We have been, especially since the last war with Pakistan, shopping round the world.'
Govt procedures that masquerade as safety nets for minimising financial loss can only stifle innovation. Modi govt's well-intentioned iDEX scheme seems headed that way.
Modi govt's capital budget allocation for 2021-22 is lower than the amount armed forces had sought in 2014-15. But spending more is not the answer, spending right is.
The Parliamentary Standing Committee on Defence can bring much needed clarity on India's national security that Nirmala Sitharaman’s Budget didn’t answer.
PM Modi targets $5 billion in defence exports in next 5 years. If 'Make in India’ reaches its full potential, $10-15 billion is achievable in a decade.
Politicians must be made to understand that defence expenditure is like an insurance premium on national security, so defence budget needs to be boosted.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
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.
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