The obsessive security associated with Budget preparation, where dozens of Finance Ministry officials are sequestered in North Block days ahead of the presentation, has a huge downside in that there is no informed discussion on the proposed budgetary provisions. Unfortunately, budget proposals are finalised in the rarefied atmosphere of North Block, far removed from the persons and places for whose benefit the whole exercise is undertaken.
July 8, 2019During meeting with US Vice-President Mike Pence in Singapore, the PM expresses concern over mainstreaming of terrorists in Pakistan
November 14, 2018India has become the third Asian country after Japan and South Korea and 37th in the world to get the Strategic Trade Authorisation-1 (STA-1) status when the US issued a federal notification on 4 August to this effect. This clears the way for high technology product sales to New Delhi, particularly in civil space and …
Continue reading "Status enhanced"
August 11, 2018The United States sold military hardware and equipment worth over $38 billion this year, the Pentagon said on Thursday. While a country-wise breakup was not available, according to a State Department official, the sale of military equipment was the maximum in Central Asia and Near East region, which amounted to $22 billion. This was followed …
Continue reading "US sold defence equipment worth over $38 bn in 2017: Pentagon"
November 30, 2017The report by the Comptroller and Auditor-General (CAG), which highlights a serious shortage of ammunition in the Indian Army, has caused considerable concern and raised questions about the preparedness of the armed forces to fight a war. An earlier CAG report had mentioned the poor state of ammunition management in the army for the period …
Continue reading "Ill-equipped for battle"
August 3, 2017Modernisation of defence equipment is the top most priority for the government, Defence Minister Arun Jaitley said on Monday as he addressed the Army Commanders' Conference here. The Defence Minister "complemented the senior military hierarchy" and said "whenever the challenges multiply or their nature changes, Indian Army has always outperformed itself", an official statement said. …
Continue reading "Modernisation of defence equipment top priority: Jaitley"
April 17, 2017