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BUDGET 2025 AT A GLANCE||| SOME KEY PROVISIONS

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  BUDGET 2025 AT A GLANCE SOME KEY PROVISIONS SARASIJ MAJUMDER   1.       10,000 additional seats to be inculcated in Medical Institutes in one year; 75,000 additional   medical seats will be created in next 5 years. 2.       100 GW target for Nuclear Power Generation by 2047. 3.       40,000 new houses will be added under Swayam Housing scheme. 4.       50 New Tourists’ destination will be developed by next year . 5.       A Maritime Development Fund with a corpus of ₹ 25,000 crore to be set up, with up to 49 per cent contribution by the Government, and the balance from ports and private sector. 6.       Atal Tinkering Labs (ATL) : 50,000 such labs are to be set up in government schools in 5 years. This is a part of Atal Innovation Mission (AIM). Comment: In my opinion, t...
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MATTALA  INTERNATIONAL AIRPORT

SRI LANKA

CONTROLLED BY INDIA+ RUSSIA

SARASIJ MAJUMDER

 




Q==Why India bought an economically nonviable AIRPORT in SRI LANKA??

Actually, the above question was asked by many PUNDITS, called themselves “Economists”

ANSWER:- LOOK AT THE IMAGE SHARED BELOW.

IMAGE 1:--



Above is the image of China Belt and road initiative. I want you to concentrate on the Indian ocean area, the Maritime Route.

You may sometime,  somewhere heard about  “STRING OF PEARLS” and  or  “SAGAR MALA”. I will discuss about both in a different BLOG.

This is a strategic move by India to prevent the attacks/threats from China on INDIA’s only sea route., or rather countering only one pearl of the  ‘String of Pearls’.

China by its OBOR initiative have surrounded  India in all STRATEGIC  directions. One  dot in the image is Sri Lanka’s  Hambantota port. When, and if there is a  war in  tomorrow between India, & CHINA,  China can stop all the supplies to India via sea route and also restrain India’s exports just by strategically placing its Military and Naval resources in the Bangladesh and Sri Lanka. The relationship between India and Pakistan is well known already. Pakistan is also  an ally of Chinese government. So, movement of export/import of  products for, and by India will be attempted to be  stopped by Pakistan. India would have huge economic impact and would be surrounded in all directions by enemy.

This is where India came with a counter strategy. The Mattala Rajapaksa International Airport is just 25 minutes away(30km) from the Hambantota port . See image 2 below.

IMAGE-2:

A joint venture between an Indian and a Russian Companies has been awarded the management of Sri Lanka's Mattala Rajapaksa International Airport in Hambantota. The $209 million facility was once dubbed the "world's emptiest airport" due to a lack of flights.

The airport has a 12,000 square meter terminal building, 12 check-in counters, two gates, a runway long enough to handle the largest commercial jets, and capacity for one million passengers per year.

All above can be used for defence purpose, by India.

Now I will tell you why it failed commercially. I think, China betrayed Sri Lanka here. They could jolly well know that it would fail, from its location point of view.

The Mattala airport is in the middle of a migratory route for birds and several aircraft were forced to ground after striking airborne AVIANS. Sri Lanka's military was once forced to deploy hundreds of troops to clear Deer, Wild Buffalo and Elephants off the airport's runway so that  it could continue operations.

Since 2016, the government has been looking for commercial partners to manage the airport as it was making heavy losses.

CHINA’S DEBT: The project was funded through Chinese commercial loans availed at high-interest. It was built for $209 million, with $190 million coming as a high-interest loan from the Exim Bank of China.

The first foreign airline to operate out of the facility was Air Arabia in 2013 but they pulled out after six weeks of scheduled services.

Fly Dubai quit in June 2018 without providing a reason, but officials said poor passenger traffic may have spurred the budget carrier to abandoned.

National carrier Sri Lankan Airlines stopped flying to Mattala in 2015 soon after Rajapaksa was defeated in the that year's presidential election. The company later said it saved $18 million annually by not flying to the isolated airport.

Since India gains control of the airport, it will install RADARs which will certainly scan the HAMBANTOTA port and render it’s military angle sufficiently compromised, if not useless for the Chinese navy. Just in the same  way THAAD in South Korea is compromising Chinese naval secrecy.

Operating this airport in losses India can gain the control of the strategic location nearby and can even have combat measure to counter the China during crisis times. This will also keep a check to China’s ambitions of creating a naval base in Hambantota port.

India was a  little slow to react,  on the PORT,  but have realized the Chinese plan in the Indian ocean. Next China would have moved to get hold of the airport. No county will ever want an enemy eyes, and installations in its own backyard having naval and air superiority over it. So, India has quickly moved to get access to the airport and make it as an airbase in times of crisis/war. Already Chinese are manipulating other regions of Indian ocean like Maldives and Seychelles. It is indeed a very good counter move by India to stalemate China in SRI LANKA..

China actually cheated Sri Lanka and bought its Hambantota port by DECEIT, as usual,  by bribing RAJAPAKSHA. Thats a different story for another BLOG,  DEAR WATSON!

REFERENCES:--

1.0 https://www.airport.lk/mria/index

2.0 https://www.thehindu.com/news/international/indian-russian-firms-awarded-management-of-sri-lankas-matta-international-airport/article68109983.ece

3.0 https://www.thehindubusinessline.com/news/world/sri-lankas-mattala-airport-to-enter-30-year-agreement-with-indian-and-russian-firms/article68111742.ece

4.0https://www.businesstoday.in/world/story/sri-lanka-leases-hambantota-airport-built-with-chinese-loans-to-indian-russian-firms-427199-2024-04-27

5.0 https://www.forbes.com/sites/wadeshepard/2016/05/28/the-story-behind-the-worlds-emptiest-international-airport-sri-lankas-mattala-rajapaksa/

IMAGES:-- GOOGLE- and references listed

 

 

 

 

 

 

 

 

 

 

 


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