Author
Manish Kumar Jha is an Associate Editor, BW BUSINESSWORLD & BW DEFENCE. He writes on the Foreign affairs, International Trade & Defence. His global coverage-on the ground- spans more than 25 countries worldwide. Received International Press Fellowship award.
Nearly a day-long meeting of the GST Council chaired by Finance Minister Nirmala Sitharaman took a number of important decisions including continued exemption of GST on some select COVID-19 supplies till 31st August 2021, creation of GoM to seek any further exemptions and its modalities, Relaxation of GST Return filing for small tax payers among others
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From manufacturing armoured vehicles for the Indian military, Mahindra Defence has expanded into surveillance solutions including aircraft mobile surveillance, and modern defence equipment for the armed forces. It is brimming with confidence in the wake of its collaboration with global OEMs like Boeing, Airbus, and Hindustan Aeronautics (HAL) for multi-role fighter jets and advanced naval helicopters. S.P. Shukla, Chairman, Mahindra Defence and Mahindra Aerospace & Group President (Defence, Aero & Agri), Mahindra & Mahindra, talks to BW Businessworld’s Manish Kumar Jha about the the strategic partnership model, the group’s R&D and design capability and the need for investments. Excerpts:
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Israel has managed to successfully control the Covid-19 pandemic, whereas India is battling a second wave of the pandemic. Mutations of the virus have perplexed the scientists in the country and raised concern over the efficacy of vaccine against Covid. Israel’s story is important for their approach. Dr. Boaz Lev, Israel’s head of Advisory Committee for Corona Vaccines and Epidemic Control and former Director General of its Administration of Health, in an exclusive interaction with BW Businessworld’s Manish Kumar Jha, talks about his country’s approach and it managed overcome the issues surrounding the pandemic. Excerpts:
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Amid the exploding Covid19 cases in country, DCGI approves anti-COVID drug developed by DRDO for emergency use. As per Institute of Nuclear Medicine and Allied Sciences, clinical trial results have shown that this molecule helps in faster recovery of hospitalised patients and reduces supplemental oxygen dependence. Higher proportion of patients treated with 2-DG showed RT-PCR negative conversion in COVID patients.
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Additional Chief Secretary of Gujarat, Manoj Kumar Das speaks with BW Businessworld on the steps taken to address the current Covid19 crisis. In charge of industrial growth of the Gujarat, he talks about the measures that government has already taken-- the Rs 5000 cr land allocation to MSEMs. While the economy seems to be retracting due to the national crisis, Das says Gujarat is still on growth trajectory and robust FDI continues last month as per the latest data.
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Taiwan is working hard to provide much needed oxygen cylinder to India. Baushuan Ger, Taiwan’s ambassador to India told BW Businessworld that a committee is set up to expedite the process. “We are deliberating the quantity as how much can be sent to India quickly. Earlier Taiwan President Tsai Ing-wen conveyed solidarity with India and offered assistance as Covid 19 induced pandemic’s second wave has choked Indian health infrastructure to its limit.
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The HMS Queen Elizabeth Carrier of the Royal Navy will sail to India. Resulting from the cognition of Indo-Pacific tilt in the UK’s foreign policy, Strike Group will be loaded with destroyers, anti-submarine frigates and notably 5th generation F 35 entering Indian water first time. In the spirit of such maritime exercise, both nations must move ahead jointly on advance military projects beyond announcement. On the flight deck there will be eight F-35B Lightning II fast jets, four Wildcat maritime attack helicopters, seven Merlin Mk2 anti-submarine and airborne early warning helicopters, and three Merlin Mk4 commando helicopters.
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India and France are set for high tempo bilateral exercise ‘VARUNA-2021’ in the Arabian Sea from 25th to 27th April 2021. How strategic is the three day exercise in the Indian Ocean is evident with flagship Aircraft carrier Charles-de-Gaulle with Rafale-M fighter in action with Indian navy at sea, including advanced air defence and anti-submarine exercises, intense flying operations, tactical manoeuvres, surface and anti-air weapon firings, underway replenishment and other maritime security operations.
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Defence is as about security as crucial it is for the economy and technology. The inherent opportunity and challenges both lie in building capabilities for our industry and so the armed forces. India marks at the threshold of such breakthroughs in defense & aerospace--if the policies set forth rightly and implemented in spirit. India's Defence Secretary, Dr Ajay Kumar with his tech background is at the crucial juncture to drive policies within the complexity of defence industrial ecosystem that India must not loose the momentum at any cost. BW Businessworld's Defence Editor Manish Kumar Jha interacts with Defence Secretary on such policies issues exclusively. Interaction touches upon: Defence Export, Startups, Offsets, SP Model, MMRCA-2, OFs, NUH and crucial aero engine among others.
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Indian Naval Air Squadron (INAS) 323, the first unit of the indigenously built ALH Mk III aircraft, was commissioned into the Indian Navy. The squadron will operate three state-of-the-art ALH Mk III, a multirole helicopter with Shakti engine manufactured by Hindustan Aeronautics Limited (HAL). This will pave the way for Indian navy's naval utility helicopters under the indigenous effort.
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