AIIB is a Chinese dominated bank and the Chinese excitement about AIIB is based on the control and strategic clout that Beijing, the bank’s main architect, wields over its functioning.
Naga leaders have alleged that Naga villages have been merged with non-Naga areas to form the new districts and that the Manipur Government did not consult all stake holders including the Hill Area Committees before taking the decision.
Isolated statements from China and Pakistan soliciting India’s participation in CPEC could be part of a strategic mind-game. India must consider engaging astutely in this mind-game.
Guterres has to forcefully convey to the new US administration that the US-UN relationship is a two-way street, where both parties need each other to safeguard their respective interests.
While certain changes in the format of the defence Demand for Grants have brought even more complexity to the task of estimating India’s official defence budget, the fact remains that there has only been a meagre increase of 5 per cent which is grossly inadequate to keep the Armed Forces in fighting form.
Suriname’s national army remains critically deficient in terms of air transport and maritime surveillance aircraft. It is an open question whether country’s armed forces will prove equal to the task of combating transnational organised crime.
If the defence expenditure relationship to the GDP of 1.65 per cent is maintained, we may see a budget estimate (BE) for defence expenditure of Rs. 285,000 crores, against the current year BE of Rs. 249,099 crores.
