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Showing posts from June, 2020

GALWAN VALLEY DEBACLE STILL A MYSTERY

The majority of political leaders are street breed. I do not know how the educated ones become bhakts. What do these politicians think? Are we fools? I can bet on any thing that had any politician been in opposition he would have been on the street with his party jokers the same way as Rahul Gandhi today.  Modi's statement that there was not an inch of Chinese infiltration in Indian territory has been taken by China to say that evenB the PM of India has confirmed China did not enter 2, 3 or 4 km inside Indian territory anywhere as claimed by various sources and face off was just border skirmishes. Modi saab, क्या बोल गये?? बरी कर दिया चीन को। Where our 20 soldiers were martyred? Just keep away for a while from your "friendship" with Chinese President Xi Jinping and your "village connection" since Xuanzang (pronounce as Hyun Sang), famous Chinese traveller who made pilgrimage to your village in India. Please name the location of violent face-off between Indian an

GIG ECONOMY OF INDIA IS DERAILED

Predicting a “sharp but short” recession, the Morgan Stanley  economists said they expect global GDP growth will be lowest at -8.6% year on year in the second quarter and recover to 3.0% by the first quarter of 2021. Whatever be Morgan Stanley's findings, I don't dispute that. It is for sure India currently faces notable  challenges, due to unmanageable COVID-19 and the preceding slowdown of the informal economy. Eyes of global investors are set on India's big consumer market but the outlook of the the current economic situation is depressing enough to paralyse investors will. The day dreaming response from India's policymakers contributing nothing to ease the current situation that is grim and somber. There is nothing to attract investors into current areas than to wait and watch for an opportunity with focus on calculated long-term themes in India. It is also disheartening that the government has turned her ears deaf not to listen to the experts the world over

INDIAN AND CHINESE TROOPS STANDOFF IN LADAKH

As Indian and Chinese troops are in a tense standoff in several areas along the Line of Actual Control (LOA) in mountainous eastern Ladakh for close to four weeks it is for India and China to resolve the row bilaterally and there is no role for any other country. Both the countries are holding talks at military and diplomatic levels to resolve the dispute. The skirmishes between Indian and Chinese soldiers in Ladakh and Sikkim are far more serious than what we have seen in recent years because they involve a sizeable number of Chinese soldiers who have occupied Indian territory. Last week, US President Donald Trump offered to mediate between India and China to end the face-off. However, both India and China rejected the offer, saying they have bilateral mechanisms to resolve the dispute. However growing assertiveness of China in South China Sea as well as China's plan to enforce a security law in Hong Kong notwithstanding the widespread protests by its citizens are of se