39 Indians held captive in Iraq since Jun' 14 alive: Sushma

March 9, 2016

New Delhi, Mar 9: The 39 Indians, who have been held as captives by the dreaded ISIS in Iraq since June 2014, are believed to be still alive, External Affairs Minister Sushma Swaraj told Lok Sabha today, as she asserted the government is making all efforts to bring them back.sushama

Out of the 40 Indians from Punjab who were kidnapped by ISIS militants from a construction site in Mosul in June 2014, one of them escaped and made a claim that the remaining captives might have been killed. The Indian government had however denied the claim.

During the Question Hour, Swaraj referred to a recent meeting in which foreign ministers from Arab countries and 15 ministers participated and said the leaders of two major nations had told her that the abducted Indians were alive.

Swaraj said that if the Indians were stranded, the government would have brought them long back but they are in the captivity of terrorists.

"I completely don't believe that those people are dead ... If we believed that boy's version then I would have told this House that all are dead. But we don't believe the boy's claim and that is why we are searching for the people," she said.

Swaraj also said there has been no "big exodus" of Indians from foreign countries in the wake of steep fall in crude oil prices which has adversely affected job prospects.

She was responding to a query on what action the government plans to take as many companies overseas were sending back Indians amid decline in oil prices, a matter of concern to Kerala that has a large number of NRIs.

This is a future problem and the government is aware about it, Swaraj said.
Emphasising that welfare of Indians living abroad was a priority for the government, Swaraj said it is working from all sides to address problems faced by them.

Whenever such problems are brought to her notice, "I look at it personally and in case of emergency situations, we try to address the issue within 24 hours", she said.

In such situations, "I don't look at a person's language, state or religion. For me, they all are Indians," Swaraj said while expressing confidence that such problems would be resolved completely.

The Minister came in for praise from some members in the House for the handling of problems faced by Indians abroad, including rescuing them and ensuring their return home.

BJD and AAP members appreciated Swaraj for her efforts. BJD's Baijayant Panda said the response from the Ministry has been "outstanding" and there has been a dramatic improvement in this regard.

Besides thumping of desks by members from Treasury benches, BJD's Baijayant Panda and AAP members Dharamvir Gandhi and Bhagwant Mann appreciated the Minister for helping Indians facing difficulties in foreign countries.

The AAP members thanked her for taking speedy action in ensuring the rescue and return of around 19 people, hailing from Punjab, from Saudi Arabia.

Opposition members, including those from the Left, were also seen thumping benches.
In response, Swaraj said she thanked the members for their sentiments. Speaker Sumitra Mahajan too was heard saying that it was the Minister's day today.

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News Network
April 20,2020

London, Apr 20 : Embattled liquor baron Vijay Mallya, who is wanted in India on alleged fraud and money laundering charges amounting to an estimated ₹9,000 crore, today lost a High Court appeal in UK against his extradition order to India.

A consortium of Indian public sector banks led by the State Bank of India had sought a bankruptcy order against Mallya as part of efforts to recoup around GBP 1.145 billion of unpaid loans from Mallya.

The 64-year-old former Kingfisher Airlines boss had appealed to the High Court against his extradition to India at a hearing in February this year.

Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench at the Royal Courts of Justice in London presiding over the appeal, dismissed the appeal in a judgment handed down remotely due to the current coronavirus lockdown.

"We consider that while the scope of the prima facie case found by the SDJ [Senior District Judge] is in some respects wider than that alleged by the Respondent in India [Central Bureau of Investigation (CBI) and Enforcement Directorate (ED)], there is a prima facie case which, in seven important respects, coincides with the allegations in India," the judges ruled.

Earlier this month, the High Court in London had deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover their loan from him.

Justice Michael Briggs of the insolvency division of the High Court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka High Court be determined, allowing him time to repay his debts to the banks in full.

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Agencies
June 8,2020

Lucknow, Jun 8: The coronavirus which has now been assigned a gender, is being worshipped in Uttar Pradesh also after Bihar as superstition run deep. Women in some villages in Tumkuhiraj, Kasia, Hata, Captanganj and Khadda tehsil in Kushinagar district have started worshipping 'Corona Mai' and are pleading with her to spare lives.

These women have dug a small pit in the field, filled it with water and each one offers nine cloves and nine 'laddoos' to 'Corona Mai' to appease her.

Women from adjoining villages are now flocking to the 'temple' to pray to 'Corona Mai'.

Some local people have appealed to the district administration to stop such activities which spread superstition and misinformation.

Radhey Lal, a school teacher in Kasia, said, "The authorities must stop such activities which promote superstition. Everyone knows that there is no cure for corona and this kind of activities must be stopped."

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Agencies
January 9,2020

The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the next year.

India's growth rate is forecast to be only 5 per cent for the current fiscal year, weighed down by a growth of only 4.5 per cent in the July-September quarter, according to the 2020 Global Economic Prospects report released on Wednesday.

"In India, [economic] activity was constrained by insufficient credit availability, as well as by subdued private consumption," the Bank said.

The growth rate is forecast by the Bank to pick up to 5.8 per cent in the next fiscal year and to 6.1 per cent in 2021-22.

India's growth rate was 6.8 per cent in 2018-19.

The 5 per cent growth rate projection for the current financial year is a sharp cut of 2.5 per cent from the 7.5 per cent forecast made by the Bank in January last year, toppling it from the rank of the world's fastest growing economy.

India's performance follows a global trend of lowered growth weighed down by developed economies.

The report estimated world economic growth rate to be only 2.4 per cent last year and forecast it to edge up 0.1 per cent to 2.5 per cent in the current year.

Even with the lower growth rate of 5 per cent in the current fiscal year and 5.8 per cent forecast for the next, India holds the second rank among large economies, behind only China with an estimated growth rate of 6.1 per cent for 2019 and 5.9 per cent this year.

The report blamed "weak confidence, liquidity issues in the financial sector" and "weakness in credit from non-bank financial companies" for India's slowdown.

The Bank predicated India's recovery to 5.8 per cent in the coming financial year for India but "on the monetary policy stance remaining accommodative" and the assumption that "the stimulative fiscal and structural measures already taken will begin to pay off."

It also warned that sharper-than-expected slowdown in major external markets such as United States and Europe, would affect South Asia through trade, financial, and confidence channels, especially for countries with strong trade links to these economies."

The Bank said that the growth of advanced economies was 1.6 per cent last year and "is anticipated to slip to 1.4 per cent in 2020 in part due to continued softness in manufacturing."

In contrast the growth of emerging market and developing countries is expected to accelerate from 3.5 per cent last year to 4.1 per cent this year, the report said.

In South Asia, Bangladesh is estimated to have the highest growth rate of 7.2 per cent in the current fiscal year, although down from 8.1 per cent last fiscal year.

But its higher regional growth rates are coming off a lower base with a per capital gross domestic product of $1,698 compared to $2,010 for India.

Bangladesh is expected to grow by 7.3 per cent in the next financial year.

Pakistan's growth rate is estimated at only 2.4 per cent in the current fiscal year and is projected to rise to 3 per cent in the next, according to the Bank.

The Bank blamed monetary tightening in Pakistan for a sharp deceleration in fixed investment and a considerable softening in private consumption for the fall in growth rate from 3.3 per cent in the 2018-19 fiscal year.

Sri Lanka's growth rate was estimated to be 2.7 per cent last year and forecast to grow to 3.3 per cent this year.

Nepal grew by an estimated 6.4 per cent in the current fiscal year and will rise to 6.5 per cent in the next.

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