Aadi and I had a fascinating discussion on the state of the Chinese Ponzis. The Q&A session was great. It is indeed an honour to be on a channel which is rated as on of the best in the business. The discussion is based on my article on Chinas Ponzi schemes @ https://www.gunnersshot.com/2022/07/chinas-twin-ponzis-turn-fire-breathing.html?m=1
As per reports the government is set to finalise the ‘Agnipath’ nee ‘Tour of Duty’ recruitment scheme, under which youth can enlist in the Army for three /five years and be known as ‘Agnivirs’. It is being envisaged that 25% of them would serve for three years and 25% for five years, the remaining 50% would serve for the full term till they reach the retirement age. This major reform is expected to significantly reduce the age profile of the Armed forces. This reform will also result in significant reduction of pensions. It will curb the ballooning salary and pension bills that are adversely impacting military modernization. Under this arrangement, after completing 3 or 5 years of service, the Army will help the soldier/officer to be recruited in other services. The soldiers would be given a pay-out along with priority in recruitment to certain government jobs, including the central armed police forces. An effort is also on to nudge corporate India into hiring such ...
Rational and informative as always!!
ReplyDelete👍👍👍... Congratulations to you & Aadi, sir! Yours is a series of discussion which is based on facts already in the public domain supplemented by views know only to domain experts. For me the most refreshing aspect is that these talks steer clear of any partisan political comment and unnecessary jingonistic chest-thumping. The sprinkling of some sparkling humour by both the host, Achint and you, adds hugely to the appeal!👏👏👏
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