India

Takeaways for Defence in the Union Budget 2014-15

There are speculations whether the present budget is sufficient to meet expenditure on big ticket items but one has to bear in mind that it is only the advance payment – generally 15% of the contract value – that becomes payable on signing of a new contract. Even if new contracts are signed for say INR 50,000 crore, MoD will require just about INR 7,500 crore for those schemes.

NYT editorial on India’s nuclear policy: A case of inaccurate portrayal and propaganda

The editorial also intrinsically marks the return of the ‘pro-Pakistan’ lobby in the US non-proliferation community, and the American media, which was culpable in encouraging the many indulgences of the Pakistani military and nuclear establishment for many decades and facilitating favourable non-proliferation policies for Pakistan to effectively pursue a clandestine nuclear programme with technological aid from Western companies.