Lack of expertise, research and interest among parliamentarians, existence of lobbies, political opportunism have led to the current impasse in defence deals.
In all high-ticket defence deals, it may be prudent for the government to brief a compressed Parliamentary Committee for Defence, regarding the nuances of the contract.
Party accuses the BJP government of promoting financial interests of ‘crony capitalist friends’, says deal signed with France has caused huge loss to exchequer.
The Narendra Modi government has invested too much time and capital to further its political conquest. Today's crisis shows it may be left with too little time in this term to refocus on governance.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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