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...