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Darras's avatar

Beautiful analysis.

But their is a very big lobbi in India, oligarchs and a big part of deep state and army, which don't give a shit of India sovereignty or agenda of greatness.

This very powerful faction only want to be rich and powerful compradores , never mind if it weaken, impoverish and even burst India. They consider themselves USA as a second homeland. They exactly are like the notables of colonized land of Roman empire. Wealth and imperial citizenship are enough for them, even at the cost of the destruction and enslavement of their compatriots. We have the same in Europe, and they currently rule.

Will they succeed?

Modi is not Indira Gandhi.

Paul Jurczak's avatar

"Discounted Russian Energy Accelerates India’s Economic Rise"

It's not only a direct economic impact of the oil India buys from Russia. It is also the investment Russia is forced to make into Indian economy, with rupees for oil being held by Reserve Bank of India, hard to repatriate or exchange for a different currency. On the other hand, RBI allows for investment in local government bonds, stocks, equities, and loans. See: https://www.asianews.it/news-en/Delhi-pays-for-Russian-oil-in-rupees%2C-which-Moscow-reinvests-in-India-60711.html

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