The 19th August amendment to the Defence Procurement Procedure of 2013 extends the provision of exchange rate variation to Indian vendors under all the procurement categories of capital acquisition.
It was not in Pakistan’s interest that the NSA meeting should take place. It is to their credit that they managed to do that by waving a red flag at the Indians through their first briefing on the planned NSA talks by mentioning their invitation to the Hurriyat leaders for a meeting in Delhi prior to the NSA talks.
Chinese stakes in Gilgit Baltistan could propel Pakistan to introduce a stop gap provincial arrangement that would contain popular resistance, promote greater stability, and deflate India’s objections to CPEC.
A growing Sino-Russian-Pakistani maritime nexus in the IOR poses a challenge to India’s influence in the Indian Ocean and heralds a potential change in the Asian balance of maritime power.
This fresh move on the Indian Prime Minister’s part is perhaps meant to signal to Pakistan that if the latter continues with its hostilities and political rhetoric towards India, then India and other countries may consider an alternative arrangement.
FIPIC-2 has added substantially to the package of projects and activities. This has now to be matched by delivery and implementation, which are challenging tasks for the Indian government.
A dissatisfied military is not in the interest of India which has to contend with multiple internal and external security issues. The nation at large and the political leadership must be alive to the prevailing sentiments and act appropriately.
Modi’s visit to UAE needs to be seen in the larger context of strengthening ties and further widening the scope of India’s engagement with the Gulf region.
