- Protection of Indian investment in Afghanistan
- Continuous monitoring of terrorist activities in the region
- Subdued influence of Pakistan in Afghan politics
- Prevention of the formation of a coalition or alliance of terrorist organizations, which could be adverse to India's security interests
- Rise in global standing and India's emergence as a strong regional power
- Control over China's aggressive maneuvers in Ladakh and other border regions.
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Withdrawal of US troops from Afghanistan and its geo-strategic implications for India
How India's first Prime Minister, Nehru drifted India away from United States after Independence?
CBI Enquiry in Sushant Singh Rajput murder mystery is the need of the hour!
Only after strong public pressure, Mumbai police was forced to initiate investigation in Sushant Singh Rajput's so-called suicide. Nonetheless, Police summons and consequent interrogation of Bollywood biggies looks like an eyewash to douse the rising flames of justice among public.
- The Police shall collect, preserve and inspect all the cell phone data from mobile towers located in the vicinity of Sushant Singh's apartment. Negligence in this regard will result in loss of vital information.
- As per some sources, Mumbai Police didn't even seal Sushant Singh Rajput's apartment after his death. Such a lapse in the investigation process is fraught with risks such as loss of clinching evidence.
- A thorough forensic examination of items such as laptops, smartphones and other gadgets must be done.
Rajiv Gandhi Foundation scam was first exposed by Dr Swamy in 2015
Raghuram Rajan's past conduct as RBI Governor is questionable
Dr Swamy's life is an open book, cynics are playing politics
- Ex-FM, late Arun Jaitley was the son-in-law of Late Congress leader Girdhari Lal Dogra from J&K.
- BJP's law minister, Mr Ravi Shankar Prasad and Mr Rajiv Shukla are close relatives.
- Current FM Nirmala Sitharaman's in-laws have a strong Congress background. Her husband, Parakala Prabhakar, has switched many parties from Congress to BJP and then from BJP to TeluguDesam Party.
MSME sector requires radical policy measures for tangible recovery
Indian MSME sector accounts for 30% of India's GDP and 40% of India's exports. It is a major source of employment in the informal economy of the country. MSME sector was struggling with multiple challenges before Covid-19 crisis, however, the current pandemic only amplified the issues in this sector.
Current state of MSME sector is primarily due to flawed monetary and fiscal policies of the past and present governments. It all started with import of so-called foreign educated Indian origin economists like Raghuram Rajan, who mindlessly applied western economic theories in Indian context.
During his tenure as RBI governor, Rajan had adopted self-defeating monetary measures that triggered stress in the MSME sector. For example, increasing interest rates for business loans while reducing the interest rates on saving schemes like Fixed deposits. This single step adversely impacted the earning capacity of small income households which form the core of MSME sector.
Lockdown undeniably deepened the stress among MSMEs, which led to the emergence of following issues:
- Limited opportunities for revenue generation
- Higher overheads in the form of factory rent, wages of permanent employees & maintenance of machinery
- Higher cost of procuring funds from formal or informal channels of funding
- Delay in payments on receivables from large companies
So far, government measures seem subjective that have failed to address the gap between policy and implementation. Such negligence could result in shutdown of business operations of small enterprises.
Since a large segment of MSME workforce is part of the informal sector, a lot of workers faced the brunt of job losses during lock-down. As the small enterprises were grappling with a changing environment, they were forced to prune their workforce. One more setback to an ailing MSME sector will increase unemployment levels and push a large percentage of unorganized workforce below poverty line.
According to BJP leader Dr Subramanian Swamy, MSME sector can be revived by adopting following measures:
- Lowering interest rates on business loans, which will improve domestic investment levels.
- Print new currency notes and distribute cash among low-income households through direct cash transfers.
- This will provide relief to low income groups and also help to stimulate consumer spending.
- Withdraw GST compliance for one year and abolish income tax to improve sentiment.
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Note:
The above article is inspired by the ideas and suggestions of current BJP leader and eminent economist, Dr Subramanian Swamy. It has also used secondary resources for the purpose of collecting and presenting information.