PM calls for reorientation of country's strategic thinking

May 23, 2013

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Gurgaon, May 23: India faces an entire spectrum of security challenges and there is need for reorientation of the country's strategic thinking and reappraisal of its higher defence organisations, Prime Minister Manmohan Singh said Thursday.

Stating that India was situated at the strategic crossroads of Asia and astride one of busiest sea lanes of the world, the prime minister said: "It is imperative that the country's defence professionals remain abreast of the complex environment we face and the avenues that are available as a result of the enormous transition taking place in India."

He was addressing a gathering after laying the foundation stone for the Indian National Defence University (INDU) in Binola, Gurgaon, near the Indian capital.

The prime minister said India's security had never been stronger than it was today.

"India faces entire spectrum of security challenges and this is inevitable as we live in a difficult neighbourhood which holds the full range of conventional, strategic and non-traditional challenges," he said.

"Taken together these challenges and opportunities should prompt reorientation of our strategic thinking and a reappraisal of our highest defence organisation," he said.

He said the government was making defence acquisition less vulnerable to unethical practices.

"We have been guided by the objective of making defence acquisition transparent, smooth, efficient and less vulnerable to unethical practices. We will continue to seek the highest standards of the probity in defence acquisition," he said.

The defence university, Manmohan Singh said, would be a unique autonomous institution of national importance.

"It is meant to ensure that the country, government armed forces benefit from the best military advise that is available. It is also meant to provide our defence professionals with a deep understanding of the inter play between all attributes of national power," he added.

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Agencies
August 4,2020

Lucknow, Aug 4: Rashtriya Swayamsewak Sangh (RSS) Chief Mohan Bhagwat on Tuesday left for Ayodhya to attend foundation laying ceremony of Ram Temple tomorrow.

The Prime Minister is scheduled to lay the foundation stone of the Ram temple in Ayodhya on August 5. The construction of Ram temple will begin in Ayodhya after the said ceremony in which various dignitaries from political and religious fields are scheduled to participate.

Bhagwat, along with PM Modi, Uttar Pradesh Chief Minister Yogi Adityanath, Governor Anandiben Patel and President of Ram Mandir Trust, Nitya Gopal Das will be present on stage for the event.

Supreme Court, on November 9 last year, had directed the Central government to hand over the site at Ayodhya for the construction of a Ram temple.

The formation of Shri Ram Janmabhoomi Teertha Kshetra Trust was announced on February 5 for the construction of Ram temple at Ayodhya. The Trust has been mandated by the Central government to oversee the construction of Ram temple in Ayodhya.

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News Network
May 8,2020

New Delhi, May 8: India's count of COVID-19 cases on Friday rose to 56,342 including 1,886 deaths, according to the Ministry of Health and Family Welfare.

Currently, there are 37,916 active cases while 16,539 COVID-19 positive patients have been cured/discharged and one has migrated.

Maharashtra has the highest number of cases with 18,120 followed by Gujarat with 7,013 cases and Delhi with 5,980 cases.

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Agencies
February 29,2020

New Delhi, Feb 29: Former RBI governor Raghuram Rajan has said slowdown in growth is due to the current government focussing more on meeting its political and social agenda rather than paying attention to the economy.

India can still reverse its slowing economic growth by paying attention to key issues, he said. "It's a sad story, I think most recently, it is politics," Rajan said in response to a question on what was stopping India's growth which remains below potential.

In an interview to Bloomberg TV, Rajan said unfortunately the current government after a massive election win has "focussed more on fulfilling its political and social agenda rather than paying attention to the economic growth".

"Unfortunately, this drift has continued a pace of slowing growth, which was precipitated initially by some actions the government took such as the demonetisation and a poorly rolled out Goods and Services Tax (GST) reform," Rajan said.

India's GDP growth hit nearly 7-year low of 4.7 per cent in the December quarter, as per official data released on Friday.

The GDP growth for the quarter is the lowest since January-March of 2012-13.

In the interview, which was telecast before the official numbers were released, Rajan said India has not paid sufficient attention to cleaning up the financial sector and unfortunately, that is leading to the slowing growth.

"These are things that they can change if attention is paid to them and appropriate actions are taken," Rajan, Professor of Finance at University of Chicago Booth School of Business, said.

On being asked about the spread of the coronavirus globally and its impact, he said there will certainly be some legacy issues in terms of business rethinking in the global supply chain.

"If it is disrupted anywhere, the entire supply chain is held ransom and companies are going to start rethinking that should we actually have these really spread out global supply chain or to bring them back closer home and how much diversification should we have. Should we have multiple production sites across the world rather than have it focussed primarily in Asia," he said.

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