SHARE

Sunday, June 15, 2025

Sri Lanka Army chief visits Jaipur-India

 'This place forges bonds for a lifetime': Ex-cadet returns to IMA as Sri Lankan Army chief

Lt Gen Lasantha Rodrigo reminded the officer cadets that they now belong to an unbroken chain of patriots and warriors, urging them to wear the uniform not just with pride, but with purpose.
Lieutenant (Lt) General (Gen) BKGM Lasantha Rodrigo at the Indian Military Academy.
Lieutenant (Lt) General (Gen) BKGM Lasantha Rodrigo at the Indian Military Academy. Photo | Special Arrangement
Updated on: 
NEW DELHI: It was an emotional homecoming for Lieutenant General BKGM Lasantha Rodrigo when he arrived at the hallowed portals of the Indian Military Academy.

Now the Commander of the Sri Lankan Army, he returned as the Reviewing Officer for the Passing Out Parade, witnessing the commissioning of a new generation of officers, including foreign cadets from Sri Lanka.

It was in December 1990 that General Rodrigo was commissioned as part of the 87th IMA Course and rose to command one of the most battle hardened armies in the sub-continent.

While addressing the passing out course, General Rodrigo said, "I am deeply honoured and moved to the point of tears to stand before you as the first IMA alumnus to return as the Commander of the Sri Lanka Army and review this parade."

"Looking at your faces, I see my younger self. This place doesn't just train officers; it forges bonds that last a lifetime," he added. He thanked General Upendra Dwivedi and the Indian Army for the invitation.

The Sri Lankan Army chief reflected on how his journey, like that of the officer cadets present, had begun with a simple haircut in the barber chair of the Indian Military Academy.

Reflecting on his own journey, he reminded the cadets that commissioning into the armed forces is not just about earning a rank, but embracing a lifelong way of service, responsibility, and leadership.

Quoting the IMA Credo, the General Officer highlighted the three unshakable responsibilities that every officer must uphold. First, to the nation, second, to their soldiers, and third, to the families of our bravehearts, the Army added.

The General Officer reminded the officer cadets that they now belong to an unbroken chain of patriots and warriors, urging them to wear the uniform not just with pride, but with purpose.

The chief of the Sri Lanka Army said the IMA has not only shaped soldiers but also future guardians of the nation. As their real journey begins, he urges them to lead with wisdom, fight for what's right, and carry the hopes of a billion with pride.

Gen Rodrigo was on a four-day official visit to India, from 11th to 14th June 2025, reinforcing the longstanding and robust military ties between the two Armies.

A total of 451 Officer Cadets of 156 Regular Course, 45 Technical Entry Scheme and 139 Technical Graduate Course, Special Commissioned Officers (SCO-54) including 32 Officer Cadets from nine friendly foreign countries successfully passed out from the portals of the Indian Military Academy.

The institutionalised India-Sri Lanka military ties have not only been able to build professional competence "but also deepened interpersonal and institutional bonds between the two Armies," the Indian Army in a statement said.

India and Sri Lanka conduct bilateral exercise "Mitra Shakti", the flagship Army-level counter-insurgency and counter-terrorism training initiative between the two nations. The 10th edition of the exercise was held in Sri Lanka in August 2024, and it continues to serve as a cornerstone for operational synergy and trust-building between the Armies.

At any given time, approximately 700 Sri Lankan Army personnel are undergoing training at various Indian Army establishments, making Sri Lanka Army the largest foreign participant in Indian military training programmes.

These include prestigious institutions such as the Defence Services Staff College, Infantry School, Counter-Insurgency and Jungle Warfare School, Army Air Defence College, School of Artillery, Armoured Corps Centre and School, Mechanised Infantry Centre and School; and the Indian Military Academy itself.

The commissioning on Saturday took the total number of Sri Lankan Army officers commissioned from IMA to 296, highlighting India's continued role in shaping the leadership of friendly foreign forces.

The Army said, "During his address to the cadets, the General Officer expressed deep honour in reviewing the Passing Out Parade at IMA, calling it a profoundly emotional homecoming."

During his visit, Lieutenant General Rodrigo held detailed discussions with senior leadership of the Indian Army including Vice Chief of Army Staff Lt Gen NS Raja Subramani and GOC-in-C, South Western Command, Lt Gen Manjinder Singh focusing on enhancing professional military cooperation, joint training, and regional security frameworks.

General Rodrigo's visit continues a tradition of regular Army-to-Army engagements between the two nations.

The Commander's visit symbolised more than a routine military engagement. The Army said, "It was a celebration of shared values, mutual trust, and enduring friendship. From reviewing the parade at IMA to holding strategic discussions in Delhi and Jaipur, the visit reflected the Indian Army's pivotal role in building strong defence ties across the Indian Ocean region."🔺

Tuesday, June 10, 2025

An ever riskier world economy -Martin Wolf FT

Opinion Global economic growth 

An ever riskier world economy 

Trump’s tariff war brings with it unpredictability and a consequent loss of confidence 

 MARTIN WOLF FT 10-06-2025 

 We are living in the early stages of a revolution — the attempted conversion of the American republic into an arbitrary dictatorship. Whether Donald Trump will succeed in this attempt is, as yet, unclear. But what he wants to do seems self-evident. His way of governing — lawless, unpredictable, anti-intellectual, nationalist — will have the greatest impact on the US itself. But it is, inevitably, having a huge impact on the rest of the world, too, given the hegemonic role of the US since the second world war. No other country or group of countries can — or wants — to take its place. This revolution threatens chaos. 

It is far too early to know what the full consequences will be. But it is not too early to make informed guesses on some aspects, notably the unpredictability and consequent loss of confidence being created by Trump’s tariff war. This loss of confidence was the theme of a podcast I did recently with Paul Krugman. Without predictable policies, a market economy cannot function well. If the uncertainty comes from the hegemon, the world economy as a whole will not function well either. 


In its latest Global Economic Prospects, the World Bank has analysed just this. Its conclusions are inevitably provisional, but the direction of travel must be correct. It starts from the assumption that the tariffs in place in late May will remain over its forecast horizon. This might be too optimistic or too pessimistic. Nobody, perhaps not even Trump, knows. “In this context”, it judges, “global growth is projected to slow markedly to 2.3 per cent in 2025 [0.4 percentage points below the January 2025 forecast]— the slowest pace since 2008, aside from two years of outright global recession in 2009 and 2020. Over 2026-27, a pick-up in domestic demand is expected to lift global growth to a still subdued 2.5 per cent — far below the pre-pandemic decadal average of 3.1 per cent.” 

Line chart of US tariff rate (customs duty revenue as a % of goods imports*) showing The current US average tariff rate is at levels last seen in the 1930s

 All this is bad enough. But risks seem overwhelmingly to the downside. Thus, the uncertainty created by Trump’s trade war could lead to far greater declines in trade and investment than projected. Certainly, it will be hard to trust in any supposed “deals” now announced. Again, lower growth will increase social, political and fiscal fragility, so raising perceptions of risk in markets. This might create a doom-loop, with higher costs of finance increasing risk and lowering growth. Weak borrowers, private and public, might be driven into default. Shocks from natural disasters or conflict would then be even more economically damaging.

Column chart of Uncertainty index across emerging market and developing economies  showing A measure of uncertainty is soaring in emerging and developing economies

Upsides can be imagined. New trade deals might be reached, in which many might, courageously, trust. AI-fairy-dust might cause a surge in global productivity and investment. Also, everything might just calm down. A difficulty for this is that today’s Trump shock comes after almost two decades of shocks: global and Eurozone financial crises; pandemic; post-pandemic inflation; and Ukraine-Russia war. Animal spirits must have been impaired. Alas, as Indermit Gill, World Bank chief economist, stresses in his foreword, “the poorest countries will suffer the most”. “By 2027, the per capita GDP of high-income economies will be roughly where it had been expected to be before the Covid-19 pandemic. But developing economies would be worse off, with per capita GDP levels 6 per cent lower.” With the exception of China, it might take two decades for these countries to recoup their losses of the 2020s. 

 This is not just a result of recent shocks. Thus, “Growth in developing economies has been ratcheting downward for three decades in a row — from an average of 5.9 per cent in the 2000s, to 5.1 per cent in the 2010s to 3.7 per cent in the 2020s.” This tracks the declining growth of world trade, from an average of 5.1 per cent in the 2000s to 4.6 per cent in the 2010s to 2.6 per cent in the 2020s. Meanwhile, debt is piling up. In the long run, it will not help that Trump insists climate change is a myth, too. 

Column chart of Average annual reduction in extreme poverty rates* (%) showing Progress in reducing poverty has stalled in the 2020s

 So, what is to be done? First, liberalise trade. While developing countries have liberalised substantially in recent years, most of them still have far higher tariffs than high-income economies. Targeted infant-industry promotion can work. But if a country has little international leverage, the best policy remains one of free trade, coupled with the best possible policies for attracting investment, improving human capital and preserving economic stability. In a bad environment, as now, this is even more important than in a benign one. 

Line chart of CPI inflation (%) showing Inflation is coming under control after the post-pandemic surge

 The choices for bigger powers — China, the EU, Japan, India, the UK and others — are more complex. First, they, too, need to improve their own policies to the greatest possible extent. They also need to co-operate in trying to sustain global rules among themselves, not least on trade. Some powers need to recognise that global imbalances are indeed a significant issue, though they are not about trade policy but rather global macroeconomic imbalances. 

Line chart of Geopolitical Fragmentation Index (higher = greater fragmentation) showing The world is becoming more fragmented, especially politically

 This is far from all. As the US retreats from its historic role, others are having greatness thrust upon them. Continued progress on addressing the challenges of climate change and economic development depend on these powers. A better way to resolve excessive debts is necessary, for example. That requires going against today’s trend towards ever greater suspicion of one another. It is possible — even likely — that we are witnessing the withering away of a great effort to promote a more prosperous and co-operative world. Some people will say that such an ending would just signal healthy “realism”. But it would be a folly: we share one planet; and so our destinies are intertwined. Modern technology has made this inescapable. We are at a turning point: we must choose wisely.🔴

--------------------------------------------------------

🟠________________________________________________  © நமது இணையத்தில் பதிப்புரிமைக் குறியிடப்பட்டுள்ள ஆக்கங்களை பகிர்வதற்கு, ஆக்கங்களின் அடியில் அல்லது வலது பக்கத்தில் உள்ள பகிர் குறி வழியாகக் காணப்படும் இணைப்புகளைப் பயன்படுத்தவும்.  ஆக்கங்கள் எவற்றையும்  பகுதியாகவோ அல்லது முழுமையாகவோ நகலெடுப்பது enbweb.co `விதிமுறை- நிபந்தனை`கள் மற்றும் பதிப்புரிமைக் கொள்கையை மீறுவதாகும்.Please use the sharing tools found via the share button at the bottom or right side of articles. Copying articles in part or full to share with others is a breach of enbweb.co T&Cs and Copyright Policy. ENB Admin-நிர்வாகம் 

காலநிலை அறிவிப்பு-பேராசிரியர் நா.பிரதீபராஜா

https://www.facebook.com/Piratheeparajah 03.12.2025 புதன்கிழமை பிற்பகல் 3.30 மணி விழிப்பூட்டும் முன்னறிவிப்பு இன்று வடக்கு மற்றும் கிழக்கு ம...