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By:

Abhijit Mulye

21 August 2024 at 11:29:11 am

Fadnavis writes off Rs 48,000 crore

Mumbai: In a clear indication that the Maharashtra government is leaving no stone unturned to keep the state’s agrarian base happy, Chief Minister Devendra Fadnavis has unleashed yet another massive populist measure. Hot on the heels of relaxing the eligibility criteria to ensure a blanket farm loan waiver, the Chief Minister announced a sweeping Rs 48,000 crore waiver on the pending electricity bills of farmers across the state. Addressing a ‘Krutadnyata Sohala’ (gratitude ceremony)...

Fadnavis writes off Rs 48,000 crore

Mumbai: In a clear indication that the Maharashtra government is leaving no stone unturned to keep the state’s agrarian base happy, Chief Minister Devendra Fadnavis has unleashed yet another massive populist measure. Hot on the heels of relaxing the eligibility criteria to ensure a blanket farm loan waiver, the Chief Minister announced a sweeping Rs 48,000 crore waiver on the pending electricity bills of farmers across the state. Addressing a ‘Krutadnyata Sohala’ (gratitude ceremony) organized by the BJP Kisan Morcha at Mumbai’s Yashwantrao Chavan Pratishthan on Wednesday, Fadnavis declared that farmers using agricultural pumps of up to 7.5 horsepower will see their historical electricity dues completely wiped out. The announcement was met with the traditional sounding of the Tutari and thunderous applause from hundreds of farmers who had gathered from every corner of the state. The Chief Minister framed the mega-sop as a necessary step to “wipe the farmers’ slate clean,” enabling them to write a new chapter of prosperity. Calculated Pitch The timing and scale of the announcement underscore a government that is boldly embracing populist economics to solidify its political footprint in rural Maharashtra. While Fadnavis maintained that these decisions were taken purely in the interest of the farmers—pointing out that the original loan waiver was announced when no elections were in sight—the political undertones were unmistakable. Taking a sharp dig at the opposition, the Chief Minister accused rival parties of running “political shops” in the name of farmer agitations without understanding the government’s genuine intent. Asserting his grassroots connection, Fadnavis proudly claimed, “I do not make decisions sitting in my house. I am a farmer myself, a man of the soil.” He openly defended the government’s recent move to strip away the stringent conditions attached to the blanket farm loan waiver, signaling that his administration will not hesitate to clear bureaucratic hurdles if it means putting money directly into the hands of the rural voter. Balancing Sops Even as he rained freebies, the Chief Minister attempted to balance the populist optics with a dose of economic pragmatism. He acknowledged that handing out repeated loan waivers is a symptom of deep-rooted agrarian distress, not a permanent cure. Pointing to the Rs 95,000 crore in aid currently being pumped into the agricultural sector by the state and central governments, Fadnavis outlined his administration’s shift toward an investment-driven agricultural model. He championed the success of schemes like ‘Jalyukt Shivar’ and ‘Magel Tyala Shettale’ (farm ponds on demand), claiming these initiatives have already empowered farmers to harvest multiple crops a year. Addressing the core issue of farming costs, he noted that the government already subsidises power to the tune of Rs 25,000 crore annually. By coupling this with a push for solar pumps and solar agricultural feeders, he promised that 100 percent of the state’s farmers would receive uninterrupted daytime electricity by the end of the year. Infra Dream Looking beyond immediate financial relief, the Chief Minister laid out a grandiose vision to permanently drought-proof Maharashtra’s most vulnerable regions. A staggering Rs 6 lakh crore infrastructure pipeline is being planned to ensure the next generation never witnesses a drought. Fadnavis detailed ambitious river-linking projects, including the Wainganga-Nalganga link, to divert excess floodwaters to parched regions. The state plans to construct 24 new dams and raise the height of 16 existing ones to ensure not a single district in Vidarbha faces water scarcity. Furthermore, massive engineering feats are on the drawing board to divert 200 TMC of floodwater from Western Maharashtra to Marathwada, and lift 275 TMC of wasted water from the Ulhas basin to quench the thirst of North Maharashtra and Marathwada. By marrying immediate, massive debt relief with long-term infrastructure promises, the Fadnavis administration is aggressively cementing its pro-farmer narrative. As the Yashwantrao Chavan auditorium echoed with whistles and cheers, it became highly evident that the government’s strategy of pairing mega populist waivers with big-ticket rural dreams is striking a powerful chord with the state’s agrarian voters.

72 Hours in May: India’s Defence Ecosystem Comes of Age

Last month saw three major indigenous defence breakthroughs in three days, underscoring India’s growing ability to build strategic technologies at home.

AI generated image
AI generated image

For most of its post-independence history, India’s strategic establishment has had a peculiar relationship with military power. Major acquisitions were announced in press conferences. Sophisticated platforms were purchased abroad. The long years of design work, testing and technological development often occurred out of public view, frequently in partnership with a Soviet and later Russian supplier, and were judged only by results that emerged decades later. India’s defence story, for much of that history, was one of patient procurement. In recent years, it has begun to look rather different.


Significant Milestones

Between May 7 and May 9, the Defence Research and Development Organisation (DRDO) conducted three separate tests of three distinct technologies. While any one of them would ordinarily have commanded headlines of its own, the tests were three significant milestones in a span of seventy-two hours.


On May 7, off the Odisha coast, an Indian Air Force Jaguar dropped a 500-kilogram bomb fitted with what the Ministry of Defence calls India’s first indigenous glide weapon system, the Tactical Advanced Range Augmentation kit, or TARA. The technology is deceptively modest. It converts conventional unguided bombs already held in large numbers by the Air Force into stand-off, precision-guided munitions, reducing dependence on imported systems such as the Israeli SPICE-2000 and moving India closer to the capability long provided by America’s JDAM family of kits.


A day later, from the Dr. APJ Abdul Kalam Island, India conducted a successful flight trial of an Advanced Agni missile equipped with a Multiple Independently Targeted Re-entry Vehicle (MIRV) system. The Ministry stated that multiple payloads were delivered to distinct targets distributed across a wide area of the Indian Ocean. While the missile variant has not been formally identified, defence reporting has suggested it may be the long-anticipated Agni-VI. Whatever its nomenclature, the test marked a significant progression beyond Mission Divyastra of March 2024, which first demonstrated India’s MIRV capability.


Then, on May 9 in Hyderabad, DRDO’s Defence Research and Development Laboratory successfully ran a full-scale scramjet combustor continuously for more than 1,200 seconds. Twenty minutes of sustained supersonic combustion may sound esoteric, but it represents one of the essential building blocks of a future hypersonic cruise missile. Defence Minister Rajnath Singh described the achievement as laying “a solid foundation” for India’s Hypersonic Cruise Missile Development Programme.


Viewed individually, none of these tests fundamentally alters the strategic balance. India had already demonstrated MIRV technology. It had previously conducted a full-scale scramjet burn. Stand-off precision munitions have been under development for years. What is new is the clustering.


The timing falls within a particularly significant calendar in India’s recent strategic history. Roughly a year earlier, during the first week of May 2025, India launched Operation Sindoor against terrorist infrastructure in Pakistan. For the first time, indigenous systems including BrahMos missiles, domestic air-defence networks and a growing inventory of Indian precision weapons were employed at scale under combat conditions.


Since then, the Indian government has repeatedly framed Sindoor not merely as a military operation but as a symbol of India’s political, social and strategic will. The coincidence of these three tests with the operation’s anniversary is hardly accidental.


The tests also occurred amid a more complicated geopolitical backdrop. Over the past year, New Delhi has grappled with renewed tensions with Washington over tariffs, Russian oil imports and the continuing shadow of potential CAATSA-related sanctions. For decades, Russia supplied many of India's most important military platforms, from Sukhoi fighters and T-90 tanks to S-400 systems and the jointly developed BrahMos missile. Recent geopolitical turbulence has served as a reminder that excessive dependence on any single supplier carries strategic risks.


Against that backdrop, the scramjet milestone deserves particularly close attention. Nearly every major Indian hypersonic headline of the past two decades has been BrahMos-derived, which is to say it has rested on technology co-developed with Moscow's NPO Mashinostroyeniya. The combustor that ran for twenty minutes in Hyderabad, by contrast, is a Defence Research and Development Laboratory design, fuelled by indigenous hydrocarbon chemistry and supported by industry partners drawn from India's domestic supply chain.


It is the first major brick in India’s hypersonic wall laid without a Russian hand on the trowel. The BrahMos-II programme, originally conceived as a Russian-assisted hypersonic successor, has reportedly progressed more slowly than anticipated owing to cost and developmental challenges. Increasingly, the architecture being pursued by DRDO appears to be the one now undergoing testing in Hyderabad.


The strategic significance is difficult to overstate. For the first time, India is developing a critical-path hypersonic capability whose progress cannot be halted, delayed or conditioned by a foreign partner.


Industrial Backbone

India’s defence production crossed Rs. 1.51 lakh crore in 2024-25, an all-time high and an increase of 18 percent over the previous year. Defence exports reached Rs. 23,622 crore, more than thirty times their level a decade earlier, while nearly 16,000 micro, small and medium enterprises now participate in the country's defence manufacturing ecosystem.


Behind those figures lies a series of policy interventions whose effects are only now becoming visible. Programmes such as Innovations for Defence Excellence (iDEX), the ADITI initiative and the Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu have sought to connect laboratories, start-ups, private manufacturers and the armed forces into a single innovation ecosystem.


The BrahMos Integration and Testing Facility in Lucknow, inaugurated in 2025, has become a particularly visible symbol of this transformation. The objective is to build increasingly sophisticated technologies within the country itself.


The TARA glide kit offers a useful example. Developed by Research Centre Imarat in Hyderabad through the Development-cum-Production Partner model, it brings together DRDO laboratories and private-sector manufacturing. The Advanced Agni programme similarly rests upon a network of indigenous suppliers specialising in metallurgy, guidance systems, electronics and rocketry. The scramjet combustor, meanwhile, was designed by DRDL and realised through domestic industrial partnerships.


Progress Without Illusion

None of this is to exaggerate India’s current position. The TARA kit arrives years after comparable Western systems entered service. The Advanced Agni's warhead count and effective range remain undisclosed. The scramjet achievement, impressive as it is, still remains a ground test. China and Russia already field operational hypersonic weapons, while the United States has begun deploying its own.


So, while the gap remains real, the significance of the seventy-two hours between May 7 and May 9 lies in what the cluster reveals about the state of India’s defence-industrial base.


Three indigenous systems, spanning precision-strike capability, strategic deterrence and future hypersonic warfare, reached important milestones within days of one another. They emerged from different laboratories and drew upon different industrial networks. Yet all reflected that India’s strategic technology ecosystem has reached a level of maturity at which meaningful advances increasingly emerge on its own timetable.


The message is directed not only at Beijing and Islamabad, but also at Washington and Moscow. India’s strategic capabilities will continue to benefit from international partnerships. But the country’s most consequential military technologies are increasingly being designed, tested and produced at home.


When Rajnath Singh flagged off the first batch of Indian-built BrahMos missiles in Lucknow in October last year, he observed that India had moved into the role of “a giver, not just a taker.” The phrase was intended to describe defence exports. So, while the era of patient procurement is not exactly over, it certainly is no longer the whole story.


(The writer is Assistant Professor at the Ajeenkya D.Y. Patil University and a doctoral scholar in geopolitics. Views personal.)

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