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India gets a new Defence Minister in Smt Nirmala Sitharaman

Elevation of Smt Nirmala Sitharaman to the post of the Defence Minister is a master Stroke in Modi’s strategy. Defence industry is the major ailment  of the defence sector suffers in its road to progress. The Synergy between the Ministry of External Affairs,  Ministry of Commerce and industry and the Defence Ministry would ensure harmony In International relationships and a show of strength on the military diplomacy. For a democracy it is essential to optimise international relationships with an element of military diplomacy and that’s exactly what the Modi government is doing.  We cannot but appreciate the choice of the Defence Minister at this point in time when many programs are held up and the newly announced strategic partnerships policy is ailing. The path to success will be pinned on the initiatives from Nirmala Sitharaman to push the strategic partnerships towards logical conclusion and conclude the contracts before October 2018.  Major programs and inviting of foreign direct investment into the Defence sector is one of the key areas that the Prime Minister was looking at.  This can be achieved if at all,  only by Nirmala Sitharaman. We are in for good times and interesting times. – Col K V Kuber

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Impact of Demonitization and its effects on Defence

Impact of Demonetisation(De-Mon) in the Defence Sector

Jan’17

If there was one event that attracted attention it was the big announcement of November 8th 2016, viz, Demonetisation. It assumed centre-stage as year 2016 came to close after the announcement of phasing out of existing denominations of INR 500 and 1000. This was a rude shock to many delivered in a gentle manner through an announcement that was to bring about a revolutionary change in terms of curbing black money and regaining a control over the economy in a very subtle manner.

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