Coronavirus hit China’s economy shrank 6.8% in the first quarter of 2020 compared with a year earlier. China’s defence spending in 2020 will rise 6.6% from 2019, according to a report issued at the opening of the country’s annual meeting of parliament on 21 May 2020. The growth is slower than last year, 2019, whenContinue reading “China’s Economy Shrinks, Defence Budget 2020 Up 6.6%”
Tag Archives: COVID
Covid, Revenue Cuts, Import Restrictions – IAF Operations
Path breaking defence reforms were announced by the Finance Minister Nirmala Sitharaman on Saturday. As per media reports it has been confirmed that the first four Rafale will arrive in India by end July 2020. Meanwhile, in a web interaction with the defence think-tank, ‘Manohar Parrikar Institute for Defence Studies and Analyses‘, Indian Army Chief General NaravaneContinue reading “Covid, Revenue Cuts, Import Restrictions – IAF Operations”
Time to Clear Civil Flights With COVID-19 Protection
Indian Prime Minister Modi just announced a 2 million Crore special economic package to restart the economy despite the fact that COVID-19 continues to spread unabated. Till date the PM has maintaining a cautious and graded approach. In his initial speech, he said “Jaan hai to Jahaan hai”. As lockdown was greatly affecting individual life,Continue reading “Time to Clear Civil Flights With COVID-19 Protection”
Post COVID Strategy India
National Security Adviser (NSA) Ajit Doval has reportedly asked policy think tank NITI Aayog to prepare a list of goods and services that are likely to be in demand in international markets once the covid-19 pandemic subsides. There is a global sentiment among major foreign corporations to move out of China. The falling oil pricesContinue reading “Post COVID Strategy India”