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Biden Administration Combats Super-Pollutants and Bolsters Domestic Manufacturing with New Programs and Historic Commitments
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Richtprijs voor landbouwgewassen gewenst
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X-Raying Oragwu's Suggestions on Nigeria's Science and Technology Dilemma (3)
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Contract for indigenously designed Light Combat Helicopter likely to be signed soon: Rajnath ANI | Updated: Feb 22, 2021 23:40 IST
New Delhi [India], February 22 (ANI): Noting that India plans to spend USD 130 billion on military modernization in the next five years, Defence Minister Rajnath Singh said on Monday that orders for 83 LCA MK1A worth Rs 48,000 crore have been awarded to HAL recently and the contract for indigenously designed Light Combat Helicopter is likely to be signed soon.
He also said that the Ministry is working on bringing down delays in timelines of capital acquisition and efforts will be made to complete the defence acquisition within two years, instead of the existing three-four years being taken on the average.
John Bellamy Foster is the editor of
Monthly Review and a professor of sociology at the University of Oregon. R. Jamil Jonna is associate editor for communications and production at
Monthly Review. Brett Clark is associate editor of
Monthly Review and a professor of sociology at the University of Utah.
The authors thank John Mage, Craig Medlen, and Fred Magdoff for their assistance.
The U.S. economy and society at the start of 2021 is more polarized than it has been at any point since the Civil War. The wealthy are awash in a flood of riches, marked by a booming stock market, while the underlying population exists in a state of relative, and in some cases even absolute, misery and decline. The result is two national economies as perceived, respectively, by the top and the bottom of society: one of prosperity, the other of precariousness. At the level of production, economic stagnation is diminishing the life expectations of the vast majority. At the same time, financializatio