Category Centres

Agnipath Scheme: Paving Way to Atmanirbhar Bharat

On the 14th of June, 2022, the Defense Minister, Rajanath Singh launched the Agnipath Scheme (Agnipath Yojana) as a tour-of-duty style scheme for the recruitment of youths as soldiers into the three services of the armed forces as Agniveers for four years period. It follows a Pan India merit-based recruitment where the youths are even given an opportunity to apply for enrolment in a regular cadre, wherein up to 25% of the Agniveers can be selected as regular cadre through a central, transparent, and regular system after four years. These youths are subject to attractive monthly emoluments and a handsome “Seva Nidhi” package.

Strategies for India to maintain satisfactory economic expansion amidst a global slowdown

The World Bank has forecast slower world growth, for the current year and the next, at 2.9% and 3%, respectively. Emerging markets and developing economies, which normally gallop ahead of the rest of the world, are expected to grow at just 3.4% this year, with Covid- and zero-Covid-afflicted China growing at a rate slower than the US for the first time in 40 years or so. Does this cripple India's chance of growing at least 7%? It does not, and not because the World Bank pegs India's growth rate at 7.5%, higher than the Reserve Bank of India's own estimate of 7.2%.

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