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North Korea continues to defy the world

True to its planned schedule, North Korea defied warnings from the international community on 5 April 2009, launching a rocket capable of reaching Alaska and Hawaii. As was expected, it stirred a chorus of worldwide criticism. Yet, the emergency meeting of the United National Security Council convened for the specific purpose of debating the North Korean issue remained deadlocked. China armed with veto power remained inflexible in its position and called for “calm and restraint” from the international community in an effort to “safeguard peace and stability of the region”.

Israel’s Iran Dilemma

As the new government headed by Likud leader Benjamin Netanyahu takes charge in Jerusalem, it seems that there are no easy solutions to what Israel perceives to be its central strategic question – how to effectively stop the Iranian nuclear quest. Israel’s leaders across the political spectrum have long maintained that a nuclear capable Iran, coupled with the rhetoric against Israel emanating from Tehran and its help to groups like the Hezbollah and the Hamas, constitutes an existential threat.

Address at the Inaugaral Session of the Seminar on Defence Budget

Defence budget accounts for a significant proportion of the central government expenditure. For the current year, the revenue and capital budgets of defence account for more than 20 and 80 per cent of the entire non-plan revenue and capital budget respectively of the central government. This translates into Rs 57,593 crores as revenue budget and Rs 48,007 crores as capital budget for defence. Allocation for defence has generally been the second largest single head of expenditure in the nonplan segment of the central budget.