December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
The figure of $ 5 trillion would represent the total output of goods and services in the Indian economy in a financial year. It would help the economy reach that significant milestone if the experts in Niti Aayog can disaggregate this figure into its component parts / sectors, enabling a roadmap to be drawn up. How much would come from agriculture, industry, services. That needs further detailed break ups, how much from software, tourism, power. What would be the approximate level of government – state and Centre – revenues, expenditure, volume of bank deposits, credit to various sectors., foreign trade. Absent such detailed exercises – not that one is recommending a return to state control and planning – the figure will become largely symbolic and inspirational, like the lion logo for Make in India.
The figure of $ 5 trillion would represent the total output of goods and services in the Indian economy in a financial year. It would help the economy reach that significant milestone if the experts in Niti Aayog can disaggregate this figure into its component parts / sectors, enabling a roadmap to be drawn up. How much would come from agriculture, industry, services. That needs further detailed break ups, how much from software, tourism, power. What would be the approximate level of government – state and Centre – revenues, expenditure, volume of bank deposits, credit to various sectors., foreign trade. Absent such detailed exercises – not that one is recommending a return to state control and planning – the figure will become largely symbolic and inspirational, like the lion logo for Make in India.
China started rolling out a red carpet in 1978. We are still talking about removing the red tape in 2019.