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.
In an India that was post-Mughal but pre-British Raj, diplomacy, popular religion, and a constellation of genius painters created the most spectacular Ramayana adaptation ever.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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