Progress on restoring April 2020 status quo ante in Ladakh, was interrupted by IA thwarting 2 aggressive PLA patrols across LOC & Xi's fear of ultra-nationalist reaction (before elevation to top pantheon of CCP), resumes. 60% probability of PLA, Hot-spring withdrawal, by Dec 31
3/pla Traditionally #PLA#Creeping#Acquisition has been attempted between the dotted lines(👇🏼). Since August 2020 all such attempts have been #successfully#resisted. All reported construction is in areas under PLA control for decades(ie btwn top line & next dotted line)
4/pla My understanding is, that in Sept '20- Feb '21, #PRC agreed to withdraw from all areas in Ladakh patrolled by both IA & PLA for decades (grey areas btwn dotted lines 👆🏼), & convert into no-mans land(neither will patrol henceforth)! [Ambiguity if dotted line changed 2010-19]
5/inch Completion of 👆🏼, is likely to b followed by drawdown of 60th troops on each side of Ladakh border. Serious border talks, will likely follow drawdown. Each stage is liable to b interrupted & partially reversed if Nationalists attack Xi for softness(or we show weakness)
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An efficient #GST with high boyancy, needs uniform 15% rate on 3/4th of Goods & services, exemption(0%) on basic food, drugs, health services & education(~1/10 of G&S), & higher rates (avg 30% inclusive of cess) on cigarettes & Autos(~1/10th). Drop higher revenue/rate obsession
2/gst The #GSTcouncil's obsession with immediate revenue raising by increasing rates, is damaging macro economy, by negatively impacting MSME/informal employment, income & consumption, and doing long term damage to inclusive growth and sustained higher revenues for development
3/gst Though in normal circumstances I recommend revenue neutral reform, in current depressed environment, revenue negative reform of GST is preferable to revenue positive GST reform, because it will provide a demand stimulus which will quickly recover the short term revenue loss
52/ru My view: "All farm subsidies must eventually be #integrated into a direct cash transfer (#DCT) system, which delivers subsidy directly into the mobile wallet of every farmer, farm laborer & farm household!" indianexpress.com/article/opinio…
Let there be no mistake about it(Ilusion/delusion): #USA lost to #Pakistan its first 21st century #Hybrid#war. #Taliban was merely an instrument! This defeat should by a case study on how to win a Hybrid war against a (powerful) democracy!
The #Pakistan#Army learned the lessons from the #Vietnam war and carefully controlled the Western #narrative and the level of aggression in Afghanistan, the #US military apparently didn't, and lived in an imaginary wonderland created by its friends in Pakistan!
2/usa #BeAware: Unless #US foreign policy experts learn the correct lessons from the US post-war experience in the Indian sub-continent (& Asia more generally), they cannot be trusted to give sensible advise on S Asia to the US congress and US govt
3/usa This is solid competition for #CCP🤡, but #PRC will still win hands down! 🤓
In my judgement, the political correction started 3-6 months ago, so it's just a matter of spelling it out in diplomatic language, to the US Govt and Congress!
2/indus #PM's message is very clear: We can discuss shared values, including differences & nuances as friends/equals; But just as you resent foreign interference in your democratic processes, we resent foreign interference even more, because of our colonial history.
3/indus Greater effort to understand each other's views on issues on which there is a lot of ideological-political differences within each democracy (rather than to lecture from one perspective in one country to a different perspective in the other country)? 🧐🤔