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India’s ‘Vicious Cycle of Debt Traps’ Warning At UN Meet Presided By China

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India’s ‘Vicious Cycle of Debt Traps’ Warning At UN Meet Presided By China


We should work on transparent and equitable financing and be vigilant with respect to the dangers of unsustainable financing, India told the UN Security Council. The meeting was held under China’s Presidency of Security Council for November

United Nations: In a veiled attack on China, India said that the international community should work on transparent and equitable financing and be vigilant towards the dangers of unsustainable financing which leads to a vicious cycle of debt traps.

“Peace is elusive and development a distant dream if resource crunch continues to exist. Hence, India in various fora, including in its current G20 presidency has worked towards reforms of International Financial Institutions,” Counsellor in India’s Permanent Mission to the UN R Madhu Sudan said.

She made the remark on Monday at the UN Security Council’s open debate on ‘Maintenance of International Peace and Security: Promoting Sustaining Peace through Common Development’, held under China’s Presidency of the 15-nation UN body for the month of November.

Madhu Sudan said that as the concept paper of the meeting suggests, “We should work on transparent and equitable financing and be vigilant with respect to the dangers of unsustainable financing which leads to the vicious cycle of debt traps.”

He further noted that similarly, peace is “elusive as in our lived experiences where the UN representing the international community struggled to restrain the vaccine apartheid during Covid or the rising inflation of food, fuel and fertilizers which unjustly affect the Global South. It is reflective enough that the voice of the Global South is lost and forgotten without representation.”

India has been urging countries in the Indian Ocean region to effectively address the development challenges as it warned them to be clear of the dangers of “hidden agendas” in unviable projects or unsustainable debt, in an apparent reference to China which is accused by the West of “debt trap” diplomacy.

Speaking at the 23rd Council of Ministers Meeting of the Indian Ocean Rim Association in Colombo recently, External Affairs Minister S Jaishankar said that it is important to maintain vigil against hidden agendas in unviable projects or in unsustainable debt.

The Hambantota port, which was funded by a Chinese loan, was leased to Beijing in a 99-year debt-for-equity swap in 2017 after Sri Lanka failed to pay off the debt.

India further underscored that a UN befitting the aspirations and needs of the 21st century is only possible through a sustained, reformed multilateralism, especially through the expansion of both categories of membership of the Security Council.

“Choosing peace, co-operation and multilateralism is essential for building our collective future free of wars, conflicts, terrorism, space race and the threats from new and emerging technologies amongst others,” Madhu Sudan said.

He added that while a comprehensive vision of international security must encompass the interdependence of the UN system’s three pillars–peace and security, development, and human rights–it is important to remember that this does not imply that the Security Council should assume all these functions.

“Security is indeed multi-dimensional, but the Security Council’s involvement in every aspect including those mandated to other UN bodies might not be advisable,” he said.

India told the Council that maintaining international peace and security is one of the key mandates of the UN Security Council, reiterating that maintaining peace is weighty, nuanced and multidimensional and is not just linked to “common development.”

“Our leaders met recently to assess global progress on the SDGs and concurred that urgent measures are necessary to reverse the concerning trend of faltering on these goals. My delegation reiterates that we do not lose focus by diluting or cherry picking, in name or substance, from Agenda 2030 for Sustainable Development,” he said.

Global leaders met for the 2023 SDG Summit that took place in September during the high-level UN General Assembly session. The summit began a new phase of accelerated progress towards the Sustainable Development Goals with high-level political guidance on transformative and accelerated actions leading up to 2030.





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INS Arihant’s Nuke-Capable K-4 Submarine-Launched Ballistic Missile ‘Ready To Roll’

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INS Arihant’s Nuke-Capable K-4 Submarine-Launched Ballistic Missile ‘Ready To Roll’


NEW DELHI: India tested its nuclear capable K-4 submarine-launched ballistic missile (SLBM), designed to have a strike range of 3,500 km, for the second time in six days on Friday. The missile test, as the one conducted on January 19, was undertaken from an undersea platform in the shape of a submersible pontoon off the coast of Andhra Pradesh according to a report by Rajat Pandit of TOI.

The solid-fuelled K-4 missile is being developed by DRDO to arm the country’s nuclear-powered submarines in the shape of INS Arihant and its under-development sister vessels. INS Arihant, which became fully operational in November 2018 to complete India’s nuclear triad, is currently armed with the much shorter K-15 missiles with a 750 km range.

“The K-4 is now virtually ready for its serial production to kick-off. The two tests have demonstrated its capability to emerge straight from underwater and undertake its parabolic trajectory,” said a source.

India has the land-based Agni missiles, with the over 5,000-km Agni-V inter-continental ballistic missile now in the process of being inducted, and fighter jets jury-rigged to deliver nuclear weapons. But INS Arihant gives the country’s deterrence posture much more credibility because nuclear-powered submarines armed with nuclear-tipped missiles are considered the most secure, survivable and potent platforms for retaliatory strikes.

Once the K-4 missiles are inducted, they will help India narrow the gap with countries like the US, Russia and China, which have over 5,000-km range SLBMs. The K-4 missiles are to be followed by the K-5 and K-6 missiles in the 5,000-6,000 km range class.

The 6,000-ton INS Arihant, which is propelled by an 83 MW pressurised light-water reactor at its core, in turn, is to be followed by INS Arighat, which was launched in 2017. The next generation of nuclear submarines, currently called S-4 and S-4*, will be much larger in size.





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After Upgradation, Sukhoi Su-30MKI Indigenisation To Reach 78%

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After Upgradation, Sukhoi Su-30MKI Indigenisation To Reach 78%


India has received clearance to upgrade 84 Sukhoi Su-30MKI fighter jets, which will result in 78% indigenization after the upgrade

In a significant step towards bolstering its military might with indigenously developed technology, India is poised to witness its Russian-origin Sukhoi Su-30MKI fighter jets evolve into a domestic platform. Speaking at a recent lecture.

The upgrade program is being led by Hindustan Aeronautics Limited (HAL) in partnership with the Indian Air Force and other partners. The upgrade is expected to cost US$7.5 billion.

The Defence Acquisition Council (DAC) granted Acceptance of Necessity (AoN) for the upgrade. The upgrade is part of India’s efforts to improve the capabilities of its primary fighter aircraft, it refers to as the “Super Sukhoi”.

This initiative is a part of a larger effort by the Indian Air Force to modernize its ageing fleet. Air Chief Marshal Chaudhari asserted the critical role of an offensive air force as demonstrated in current global conflicts and emphasized India’s move towards an indigenized arsenal. To this end, the IAF has been proactive, from upgrading its Mirage 2000 to enhancing its MiG-29 fleet.

In summary, the IAF’s commitment to updating their combat forces with the latest technology, including shifting to fifth-generation fighter jets, ensures operational preparedness and a strong deterrence capability. The gradual indigenization of its air fleet marks a pivotal shift in India’s defence landscape, reducing dependency on foreign imports and fostering technological sovereignty.





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Akash Weapon System Exports For The Armenian Armed Forces Gathers Pace

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Akash Weapon System Exports For The Armenian Armed Forces Gathers Pace


According to unconfirmed reports, Armenia is a top contender for an export order for Akash SAM system manufactured by Bharat Dynamics Limited (BDL).

While there is no official confirmation because of the sensitivities involved, documents suggest that the order for the same has already been placed the report further added.
There are nine countries, in turn, which have shown interest in the indigenously-developed Akash missile systems, which can intercept hostile aircraft, helicopters, drones and subsonic cruise missiles at a range of 25-km. They are Kenya, Philippines, Indonesia, UAE, Bahrain, Saudi Arabia, Egypt, Vietnam and Algeria reported TOI.

The Akash export version will also be slightly different from the one inducted by the armed forces. The 100-km range air-to-air Astra missiles, now entering production after successful trials from Sukhoi-30MKI fighters, also have “good export potential”, said sources.

Akash is a “tried, tested and successfully inducted systems”. Indian armed forces have ordered Akash systems worth Rs 24,000 crore over the years, and MoD inked a contract in Mar 2023 of over Rs 9,100 crores for improved Akash Weapon System

BDL is a government enterprise under the Ministry of Defence that was established in 1970. BDL manufactures surface-to-air missiles and delivers them to the Indian Army. BDL also offers its products for export.

Akash Weapon System

The AWS is a Short Range Surface to Air Missile (SRSAM) Air Defence System, indigenously designed and developed by Defence Research and Development Organisation (DRDO). In order to meet aerial threats, two additional Regiments of AWS with Upgradation are being procured for Indian Army for the Northern borders. Improved AWS has Seeker Technology, Reduced Foot Print, 360° Engagement Capability and improved environmental parameters.

The project will give a boost to the Indian missile manufacturing industry in particular and the indigenous defence manufacturing ecosystem as a whole. The project has overall indigenous content of 82% which will be increased to 93% by 2026-27.

The induction of the improved AWS into the Indian Army will increase India’s self-reliance in Short Range Missile capability. This project will play a role in boosting the overall economy by avoiding outgo of precious foreign exchange to other countries, increasing employment avenues in India and encouraging Indian MSMEs through components manufacturing. Around 60% of the project cost will be awarded to the private industry, including MSMEs, in maintaining the supply chain of the weapon system, thereby creating large scale of direct and indirect employment.





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