CrystallizingViews

  In the current global geopolitical climate, India's defence expenditure has become a critical issue. With the emergence of new challenges and threats, it has become imperative for India to increase its defence budget. India needs to be prepared to safeguard its economic interests globally and provide stability to the region while dealing with rising China, which is slowly unbecoming India's Ocean. In this blog post, we will explore the reasons why India should increase its defence expenditure.   Protecting Economic Interests Globally India's economy is growing at a rapid pace, and it has emerged as a major economic power in recent years. As India's economic interests expand globally, it becomes essential to safeguard them. A robust defence system is necessary to secure trade routes, ensure the safety of investments, and protect economic interests globally.   Provide Stability to the Region India is the dominant player in South Asia and has a significant role in mainta...

    Courtesy- The Indian Wire D o you get a good price for any product of horticulture in India? Yes, I said 'any crop'. There are few crops which offer a reasonable price, but all others don’t. An almost negligible amount of horticulture produce is sold to the government and covered under the hailed MSP scheme.  Then where do our marginal farmers sell it? The answer is- anywhere in open mandis, to any random private player ( Dalal ) and at any trivial price with no security in place. If this was not the case, farmers from our very own ‘protesting Punjab and Haryana’ would have never thrown their capsicum and cauliflower on roads and it was more visible when farmers in Maharashtra protested against extremely low prices of tomato and onions. If these were open for free trade, without the restriction of district and state boundaries, probably these events might not have occurred. Open markets lead to greater prices in case of good quality produce. MSP (Minimum Support Pric...

Photo credit - www.shutterstock.com   D ear Self@2020,  What’s up? I hope you are keeping up well. It is indeed great to tell you that I have completed my post-graduation and am presently working in a firm dealing in Automated Vehicles. Yes, you read it right, automated vehicles. Nobody controls them and they think and operate on their own. Here I am going to share my experiences of 2030. That’s really fantastic, just wait and work.  When I look back, I find you there, standing with a smartphone all the time to do very general activities. Today, I don’t find any smartphones here rather all have a piece of smart glass and that is a master device for everything. I use details stored on Cloud and do everything from that glass as there exist almost three trillion such devices connected in a network called the Internet of Things. A small chip is installed in my body which acts as a transmitter and all my devices are connected to it, including my home. What I think of is d...

Boasting the world’s largest economy, aggregations of the multinationals and an array of top-notch global knowledge centres, the United States of America seems to be drifting away from the goal of ‘The Great America’ at a   time when President Donald Trump wants to bolster this pitch. Yes, the term 'The Third World Nation' sounds a bit too alien while we refer to the US, but the downfall of the world’s largest economy seems inevitable. Indeed, its journey till now has been an example for the rest of the world, but the idea of ‘developed country’ for the US appears faded. It will be apt to term it an ‘economically and militarily powerful nation’ than to make it the leader of the developed world. Over the last few months of this Covid-19 pandemic, anomalies of the healthcare system of the so-called most advanced country has been exposed. Its policies and readiness to tackle the pandemic could not even match some of the middle- or lower-income countries with limited ...

                                                  A resurgent economy with expanding global interests – India stands all set to rise into ‘New India’ carving its niche. India is the world’s most youthful nation in the world and it becomes a necessity for India to improve its stature as a key player in the world affairs and to promote and secure its self-interests. India’s rise is not free of hurdles and requires deep planning to withstand various global headwinds. As the world gears up for more bilateral and trilateral version, away from its target of creating a ‘global village’, India needs a strategy that can keep it safe from these volatile situations. A good grip over the resource rich neighborhood is a long term and strategically safe solution to it. India should focus on strengthening its relations with neighbors by g...