Draft cabinet note based on ministry’s comments is undergoing inter-ministerial consultations, but Department of Military Affairs had said selling land alone wouldn’t be enough.
Over the last 10 years, the share of the defence budget spent on capital outlay has declined, from a high of 30% in 2011-12 to as low as 22% in 2018-19.
The Parliamentary Standing Committee on Defence can bring much needed clarity on India's national security that Nirmala Sitharaman’s Budget didn’t answer.
When he was asked why he was so loud in his criticisms of Indian industry when his purpose could be better served by a shrewder approach, he said, “Because I am a Punjabi, not a Marwari”.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
The new engine, set to be developed over the next 10 years, will power the second tranche of Advanced Medium Combat Aircraft. First set will be equipped with GE 414 engines.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
Cantonments have Treasure beyond Measure by (1). Special package for Freehold to Leasehold and Old Grant properties (2). Auction of A2 and B4 land (3). Auction of A1 land by shifting of forces to abandoned Military Farms and Aero & Naval Basis to form Integrated Battle Groups under 03 Joint instead of 17 different Commands (
Let us put things straight and say “selling SURPLUS” defence land. Now that this matter of semantics is settled, we have to realise that selling land is the easiest part of the whole exercise. What about the buyers? Do we want to sell the land to some real estate developer, most with foreign capital, who will build tall skyscrapers all around sensitive defence installations?
This is a dangerous game to be played only with full planning and sincere implementation.
Tail piece: Can assets (including vast tracts of land) of religious institutions be monetized and used for the Defence of the Nation. Whose Nation is it anyway?
Cantonments have Treasure beyond Measure by (1). Special package for Freehold to Leasehold and Old Grant properties (2). Auction of A2 and B4 land (3). Auction of A1 land by shifting of forces to abandoned Military Farms and Aero & Naval Basis to form Integrated Battle Groups under 03 Joint instead of 17 different Commands (
India’s Neta-Babus have decided that pawning the family heirlooms is the only way to continue their profligate, self indulgent and incompetent ways.
Let us put things straight and say “selling SURPLUS” defence land. Now that this matter of semantics is settled, we have to realise that selling land is the easiest part of the whole exercise. What about the buyers? Do we want to sell the land to some real estate developer, most with foreign capital, who will build tall skyscrapers all around sensitive defence installations?
This is a dangerous game to be played only with full planning and sincere implementation.
Tail piece: Can assets (including vast tracts of land) of religious institutions be monetized and used for the Defence of the Nation. Whose Nation is it anyway?