With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
The biggest curse on our country is socialism. Founding fathers of the constitution sowed the seeds of socialism and now it has become a giant tree which can’t be pruned or uprooted.
The biggest curse on our country is socialism. Founding fathers of the constitution sowed the seeds of socialism and now it has become a giant tree which can’t be pruned or uprooted.