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Showing posts from April, 2018
India a Manufacturing Economy? India is going to formulate policies to encourage Domestic Defence manufacturing as said by Mr. Arun Jaitley. We are the world's largest arms importer, spending some 1.8 per cent of its GDP on defence. We imports about 70 per cent of defence equipment, a proposition which the government wants to change. We are going to cut on import of Combat planes, Ships and Submarines. This clearly proves that the government is not only focusing on the technological tie ups  but also on becoming a MANUFACTURING Economy.

The Doko La Mess

As the Indo - Chinese standoff continues for over a month, let me first dwell what the fuss is all about.In June this year, India accused China of constructing a road in the disputed region of Dokolam plateau, an objection first raised by the Bhutanese Army.This was followed by Indian intervention considering the strategic importance the tri-junction holds. The scuffle soon was highlighted when the Indian pilgrimages to Mount Kailash Mansorvar were stopped as a response to Indian defense.India enjoys a strategic advantage in the region with the help of its strong presence in Bhutan .Both nations are engaged in a game of flag meeting with arguments and counter arguments with the issue extended and the standoff causing an impasse in Indo China ties. The only way out from this fuss can be to go back to status quo since no nation would risk losing face if they were to withdraw.