Although India has established a formal mechanism for implementation of the defence offset policy, the structure and procedures lack the thrust to fulfil the objective of energizing the Indian defence industry. Besides, the policy is not supported by the existing Foreign Direct Investment (FDI) and licensing policies. While evidence suggests that domestic industry can absorb offsets, what India needs is an effective body to handle offsets, liberal FDI and licensing policies, and a better banking provision.
The Indian culture and civilization embodies a unique blend of peace and conflict trajectories. This historical legacy has indubitably moulded the course of our policy and action. However, there are aspects which are queried and contested. For instance, how do we reconcile the ambiguities and opposing claims on peacefulness in Indian lineage? The paper reflects afresh on some of these lingering contestations and decodes the historical transferences in the subcontinental thinking and popular imagination.
