Loans from NSSF to PSUs have risen 500% since 2016-17, though some can’t repay them. Critics say this is govt’s way of keeping fiscal deficit in control.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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