Navy is considering leasing equipment and systems to fill critical capability gaps. It is also set on acquiring a third aircraft carrier and will formally move a proposal to govt.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Admiral Singh: “If you are a nation that is aspiration and you want to become a USD 5 trillion economy shortly and you want to do well, you will have to go outwards and seek the world.”
So Singh thinks that by militarizing heavily and owning 3rd a/carrier that will bleed India budget to seizure, it will help propel India from $2.8T to $5T GDP by 2024 as Modi boasted(requiring 20% p.a. growth rate). Wonderful Indian strategy.
China only has its first carrier after achieving $10T GDP. It doesn’t depends on aggressive military posture to grow its economy.
It was after US SCS military threat and USNato bombing of Libya, Sudan and Iraq to plunder China’s tens of $Bils investments, that forced Chinese to acquire carrier as projection force to safeguard its global investments.
Carrier is an expensive toy to maintain, only few wealthy and highly developed nations can afford. Even so they are struggling with upkeeping one carrier, UK has two, France one and Russia one.
Yet 90% poverty India with bottom hunger index and 740Mils still defecating outdoor, is craving for 3 carriers it can illy afford.
With such militarization and expansionism Chanakya statecrafts, India needs no enemy to bring its down fall.
Admiral Singh: “If you are a nation that is aspiration and you want to become a USD 5 trillion economy shortly and you want to do well, you will have to go outwards and seek the world.”
So Singh thinks that by militarizing heavily and owning 3rd a/carrier that will bleed India budget to seizure, it will help propel India from $2.8T to $5T GDP by 2024 as Modi boasted(requiring 20% p.a. growth rate). Wonderful Indian strategy.
China only has its first carrier after achieving $10T GDP. It doesn’t depends on aggressive military posture to grow its economy.
It was after US SCS military threat and USNato bombing of Libya, Sudan and Iraq to plunder China’s tens of $Bils investments, that forced Chinese to acquire carrier as projection force to safeguard its global investments.
Carrier is an expensive toy to maintain, only few wealthy and highly developed nations can afford. Even so they are struggling with upkeeping one carrier, UK has two, France one and Russia one.
Yet 90% poverty India with bottom hunger index and 740Mils still defecating outdoor, is craving for 3 carriers it can illy afford.
With such militarization and expansionism Chanakya statecrafts, India needs no enemy to bring its down fall.