Naresh Chandra panel recommends military preparedness to deal with 'assertive’ China

July 25, 2012

naresh

New Delhi, July 25: India has to be prepared militarily to deal with an "assertive" China even as it seeks to build bridges of cooperation with Beijing, the Naresh Chandra Task Force on national security has recommended.

The committee's suggestions for the military — details of which have been accessed by TOI — also buries the proposal for a Chief of Defence Staff (CDS), the single point military adviser to the government. Instead, it has recommended that a permanent Chairman Chiefs Of Staff Committee be appointed from among the three service chiefs, allowing India to have four four-star generals.

The panel has given a set of recommendations for reforming the national security architecture, covering both intelligence and military apparatus, as part of its mandate to review it.

It has recommended a re-look at the process of blacklisting truant defence firms, separating the post of DRDO chief and scientific advisor to the defence minister, appointing military officers upto the rank of joint secretary in the ministry of defence (MoD), creating new Special Forces Command etc.

The recommendations of the panel are being studied by individual services and agencies that would be affected by the changes. Their responses are expected to be with the government over the next few weeks.

While conceding that there has been improvement in Sino-Indian relations in recent years, the report has conceded that it is "still clouded in mistrust". The committee, headed by the former cabinet secretary, says, "There is concern about China's policy of "containment" of India, marked by growing Chinese interest in countries of South Asia. China will continue to utilize Pakistan as part of its grand strategy for containing India in a "South Asian box"."

"China's growing assertiveness on the border and in its territorial claims on Arunachal Pradesh has intensified misgivings," the committee says. "The crucial concern is whether China will become militarily more assertive and nationalistic as its economic and military power grows, or whether it will abide by the policies advocated by Deng Xiao Ping," the report says.

More importantly, across Asia there is concern that as Beijing grows "the United states will become more circumspect and accommodating in dealing with China," the panel says.

The committee has recommended that the government take an immediate decision on the existing recommendation that the Army be given management of Sino-Indian borders, and retain operational control over forces deployed in the areas.

On Pakistan, the committee suggests that it "remains both unable and unwilling to set its house in order, or put in place economic policies that can increase or sustain growth". And there is "nothing to suggest that the Pakistani military has given up the use of radical Islamic groups to promote terrorism in both India and Afghanistan." But its biggest concern is Pakistan's ambition to use Afghanistan for strategic depth. The panel has recommended that India "should spare no effort, politically, diplomatically, economically and through military assistance to ensure that Pakistani efforts to convert Afghanistan into an extremist run, pliant and client state are frustrated".

Calling for better coordination between the ministries of defence and foreign affairs, the panel recommends that the MoD set up a bureau of politico-military affairs. "The primary role of this Bureau would be liaison with the ministry of external affairs (MEA) on issues and actions having foreign policy applications," the committee says.

It has recommended that MEA affairs also consider accepting officials from civil services and armed forces on short duration (five years) deputations.

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Agencies
June 13,2020

New Delhi, Jun 13: In a bid to provide relief to small businesses amid the coronavirus pandemic, the GST Council on Friday decided to halve the interest rate on late filing of GSTR-3B returns for the period of February, March and April 2020.

The interest rate on late return filing will be 9% from the usual 18% till September 30, 2020. The benefit will be available for small taxpayers with aggregate turnover of up to Rs 5 crore.

For the three months, small taxpayers will not be charged any interest till the notified dates for relief and thereafter 9% interest will be charged till September 30, a Finance Ministry statement said.

"For small taxpayers (aggregate turnover upto Rs 5 crore), for the supplies effected in the month of February, March and April 2020, the rate of interest for late furnishing of return for the said months beyond specified dates (staggered upto 6th July 2020) is reduced from 18 per cent per annum to 9 per cent per annum till 30.09.2020," said the statement.

The Council has also extended relief to small taxpayers for subsequent period of 2020 through waiver of late fees and interest if the returns in Form GSTR-3B for the supplies effected in the months of May, June and July are furnished by September 2020.

It has also decided to reduce the late fee on the filing of GSTR-3B returns for the period between July 2017 and January 2020. The late fee has been capped at Rs 500, but interest will be charged at the existing rate on the due tax liability.

Speaking to the media in New Delhi after a GST Council meet through videoconference, Union Finance Minister Nirmala Sitharaman said that those entities with no tax liability will not have to submit the late fee for the period.

For entities with tax liability but which have not filed returns or have filed returns late, the late fee has been capped at Rs 500 without interest. Interest will, however, be payable on the tax component at the applicable rate for delays.

To facilitate taxpayers who could not get their cancelled GST registrations restored in time, the Council has provided an opportunity for filing of application for revocation of cancellation of registration up to September 30, 2020, in all cases where registrations have been cancelled till June 12, 2020.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
June 2,2020

New Delhi, Jun 2: India on Tuesday reported 8,171 more COVID-19 cases and 204 deaths in the last 24 hours as the country's virus count inches closer to two lakh, according to the Union Ministry of Health and Family Welfare.

The total number of cases in the country now stands at 1,98,706 including 97,581 active cases, 95,527 cured/discharged/migrated and 5,598 deaths.

Cases in Maharashtra have crossed 70,000 including over 30,000 recovered while Tamil Nadu's COVID-19 tally jumped to 23,495.

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