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IDF Chief quits
The Statesman Bhubaneswar
|January 24, 2025
The resignation of Lt. Gen. Herzi Halevi as the head of the Israel Defense Forces (IDF) serves as a striking example of leadership accountability in the wake of a national security failure.
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As Delhi gears up for its elections, the political discourse has once again been dominated by promises of handouts. From cash incentives for women and the elderly to subsidized cooking gas and free electricity, political parties are doubling down on populist measures to secure votes. While such strategies may yield short-term electoral gains, the long-term implications for governance, fiscal stability, and democratic integrity are profound and troubling.
The Bharatiya Janata Party (BJP), aiming to reclaim power in Delhi after nearly three decades, has unveiled a slew of promises that echo the strategies employed by its main rival, the Aam Aadmi Party (AAP). AAP's governance model over the past decade has been defined by populism, with free water, electricity, and bus services forming the backbone of its voter outreach. While these measures have undoubtedly provided relief to the city's underprivileged, they have also strained Delhi's finances, reducing its revenue surplus significantly in recent years.
What is concerning is the escalation of this competition. Political parties are not merely matching each other's promises but outbidding them, leading to a race that risks undermining fiscal prudence. If either party's new promises are implemented, subsidies could rise to nearly 20 per cent of Delhi's budget, diverting resources from critical areas like healthcare, education, and infrastructure. This trend, far from being limited to Delhi, is becoming a norm across India. The Reserve Bank of India has repeatedly cautioned against fiscal repercussions of such giveaways, highlighting how they erode states' ability to invest in long-term development.
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The Statesman Bhubaneswar
Chhath festival begins in UP
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The Statesman Bhubaneswar
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The Statesman Bhubaneswar
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The Statesman Bhubaneswar
Illegal commercial complex razed in Meerut on SC orders
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The Statesman Bhubaneswar
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The Statesman Bhubaneswar
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3 mins
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The Statesman Bhubaneswar
Centre to set up 10 new IICTs to boost media, digital sectors
In a move to strengthen India's creative, entertainment, and digital industries, the Ministry of Information and Broadcasting has announced plans to establish 10 new Indian Institutes of Creative Technologies (IICTs) across the country over the next decade, offering specialised, industry-oriented courses in these sectors.
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The Statesman Bhubaneswar
Malda traders seek extension for Income Tax return filing
The Malda Merchants' Chamber of Commerce and Industry (MMCCI) has urged Union finance minister Nirmala Sitharaman to extend the deadline for filing Income Tax Returns (Audit) for the Assessment Year 2025-26.
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The Statesman Bhubaneswar
LIC rejects Washington Post allegations, Cong demands JPC probe
The Life Insurance Corporation of India on Saturday strongly refuted recent reports published by The Washington Post alleging irregularities in its investment practices even as the Opposition Congress demanded a Joint Parliamentary Committee (JPC) investigation into the matter
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The Statesman Bhubaneswar
Naval commanders’ meet focuses on readiness, security
Naval Commanders deliberated on issues of operational preparedness, maritime security, capability development, and Tri-Service integration during the second edition of the biannual Naval Commanders' Conference 2025 which concluded at the Nausena Bhawan, here on Friday.
1 min
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