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India - central Asia policy

Background The central Asia region consists of the 5 countries Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, Tajikistan. All this countries were formerly the part of USSR ( Soviet union ). They share key border with Russia, China, Europe, the Caspian sea , Iran , Afghanistan and Pakistan. It is this the geostrategic location of central Asian countries which makes them a critical partner for India. Apart from the strategic importance the central Asian republic is also blessed with natural resources ranging from oil and gas, uranium, and precious metal. This important characteristics of the region makes the region very important for India and other major super power in the world.  India however has shared very close relationship with the region. Since, the days of the Soviet era. India had a trading relationship with the central Asian countries many defence equipments imported from USSR were developed in the factories which today are based in CAR ( Central Asian region ).
Recent posts

Reason for high taxation on Crypto income

  Tax on Crypto income During the recent budget it was proposed that a flat 30% tax will be imposed on all income generated through the transactions of virtual digital asset which include crypto currencies. They have decided for this high tax to keep small investors away and protect them from the volatility of this market which is of very high risk. Budget also says that any losses on a crypto transactions cannot be offset against the profit to claim tax reductions. This feature is however is offered when you suffer losses in your investment in stock market. Then it also propose a TDS of 1% on all the crypto transactions so that the transactions can be captured at the source itself which will help the tax authorities to monitor tax compliance in this regard. The budget also made it very clear that crypto currency will never be adopted as legal tender. Instead the government has proposed a introduction of digital rupee based on block chain technology and this will be issued and maintain

FUTURE OF CRYPTO MARKET IN INDIA

The crypto currency and crypto market have always been controversial right from the beginning. Mainly, because the crypto currencies like Bitcoin, Ethereum and other they are decentralised currencies based on the block chain technology and a result they fall outside the regulation of the government and Central Bank. While many believe that the crypto currency are the future of transactions and mean while they consider it as a good hedge against inflation. The government's and Central banks around the world on other hand are of the view that crypto currencies cannot be treated as a legal tender as they are not only volatile, but also very risky due to its decentralised & anonymous nature which also makes it vulnerable for misuse by organise criminals and those who are involved in money laundering. So due to all these factors most government and Central banks Around the world have taken stand against the crypto currency India's stand on this The RBI in past as we

RUSSIA AND UKRAINE CRISES

Current situation Russia mobilized around 1 lakh troops near ukraine border this attempt was made to send western countries a message that Russia is trying to make an invasion on ukraine. Reasons 1. Russia wants to prevents it's fear of influence in the eastern European countries ( which are neighbours of Russia) which is on decline through the years as many of this European countries have joined NATO which is led by USA. During cold war era this countries were part of Soviet union which got disintegrated as the cold war came to an end in 1991. 2. NATO is a military alliance led by USA & western European countries formed in 1949. The main motive was to protect any member country , which is facing any military aggression from any other country. 3. Since, then Russia is treating NATO as it may damage its influence in the neighbouring countries. And that is what happened .Then in 2014 Russia captured crimean Peninsula of Ukraine(important strategic place) surrounded by

Closing up of schools in Covid , not a good decision

The reason why schools were closed because the politician's thought that this is the easiest way for them to show the public that they are doing something to constraints the spread of covid. We can't ignore the fact that there was no other way to restrict this virus. The point is that when it comes to re-opening of school the government is least interested in this matter. Where as all other public sector offices are now running as they were use to before covid. As of now no studies have shown that the childrens were at at much higher risk to the infection of covid Infact the people below the age of 25 have more risk to their life while walking on roads means if they are going out on ride or walk then they have much more risk to their life instead of covid Country like Sweden never closed the school for children's under the age of 16. The simple argument is if the banks are not being closed, nor the railways , airports or any other public sector office then why a