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.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
COMMENTS