African leaders praise Mahatma Gandhi, Nehru, Indira

October 30, 2015

New Delhi, Oct 30: Mahatma Gandhi and former prime ministers Jawaharlal Nehru and his daughter Indira Gandhi today came in for fulsome praise by many top African leaders as they recalled the historic ties Africa shared with India.Zuma

South African President Jacob Zuma and Zimbabwean President Robert Mugabe were among those who mentioned, during their speeches at India-Africa Forum Summit here, the contribution of the Gandhi and Nehru families in strengthening ties between the continent and India.

"We would like to recall the historical ties that bind us over the last century, emphasising particularly the role of two of your visionary prime ministers, Jawaharlal Nehru and his daughter, Indira Gandhi," said Zuma as he addressed the summit, attended by 54 African countries.

Calling Nehru an active participant at the famous Bandung Conference in Indonesia in 1955 and subsequently a founding member of the Non Aligned Movement in 1961, he said the principles enshrined in the Non-Aligned Movement were reflected in our South-South solidarity interactions in today's challenging times.

"Indira Gandhi, in her first 11 years in office from 1966 to 1977, changed India's African policy through the introduction of the Africa-India Development Cooperation and India's support for liberation struggles in Africa, including South Africa.

"The actions of these two Indian visionaries have created the base of strong solidarity between African member states and the Republic of India," he said.

In his address, Mugabe said Mahatma Gandhi and Nehru led the way through non-violence and showed the path to rid India and Africa of colonialism.

The 91-year-old Mugabe also termed the Indian National Congress as a "great party" as he recalled Africa's ties to Gandhi and the Congress.

Moroccan King Mohamed VI noted that his grandfather and "great" Nehru worked together in anti-colonial struggle in Africa.

Congress leaders including Sonia Gandhi and Manmohan Singh had last night stayed away from the dinner hosted by Prime Minister Narendra Modi for African leaders, apparently sending a message that it was outraged over the "insult" to the legacy of Nehru.

Noting that calling such conference of African leaders was the idea floated by the Congress-led UPA way back in 2006, a senior Congress leader said the Prime Minister was projecting it as his "original idea".

Kwame Nkrumah, Haille Sellasie and many other great leaders established a solidarity that led in 1961 to the formation of the NAM based on the principles of South-South cooperation.

Lesotho Prime Minister Bethuel Pakalitha Mosisili said Mahatma Gandhi inspired India and Africa to destroy colonialism.

"It is truly befitting that we are gathered here today, representing the peoples of Africa and India, during this month of October, which is the month in which Bapu Mahatma Gandhi was born," he said.

Mosisili said that with his peaceful demeanor and strategy, Gandhi set an example for independence and civil rights movements across the world.

"His vision and philosophy of devotion to the truth, non-violence in the fight against all forms of discrimination and peaceful co-existence among peoples should continue to inspire and guide us and future generations," he said.

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News Network
August 8,2020

Nagpur, Aug 8: "He was a great son and always the first one to help others in need. He sacrificed his life for the country," said Neela Sathe, the mother of late captain DV Sathe, who was flying the Air India flight that crash-landed at Kozhikode airport on Friday, claiming 18 lives.

Indian Army Retired Colonel Vasant Sathe and his wife Neela lost both their sons in line of duty. The couple is originally from Nagpur, Maharashtra.

Speaking to news agency, Neela broke into tears and said, "He was a great son and always the first one to help others in need. 

His teachers still appreciate him. During the Ahmedabad floods, he saved the children of the soldiers by lifting them in his arms. I wish God would have called us instead of him."

"Both our children sacrificed their lives for the country," she added.

Remembering DV Sathe's childhood, Neela talked about every that moment when he made his parents proud.

Neela told with great pride that Captain DV Sathe had received the Sword of Honor and had also won eight medals in the Air Force.

Neela last talked to DV Sathe over phone call a few days ago during which captain told her mother not to go out of the house amid COVID-19 crisis as if something happens to her, he won't be able to bear that.

Vasant, captain's father retired as a colonel after serving in the Army for 30 years, following the footsteps of their father, both his sons joined too the Army.

Their elder son Vikas, was in the Army, and at the age of 22, he was martyred in an accident in Ferozepur in 1981. Their younger son Deepak (DV Sathe), who served as a pilot in Air India after serving in the Indian Air Force, died in the plane crash on Friday.

An Air India Express plane carrying 190 passengers including 10 infants skidded while landing at Karipur Airport in Kozhikode on Friday evening.

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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News Network
February 27,2020

New Delhi, Feb 27: An Indian Air Force aircraft on Thursday evacuated 76 Indians and 36 foreign nationals from the coronavirus-hit Chinese city of Wuhan.

The C-17 Globemaster III transport aircraft was sent to Wuhan on Wednesday and it carried 15 tonnes of medical supplies for coronavirus-affected people in China.

On its return, the aircraft brought back 112 people, including 23 citizens from Bangladesh, six from China, two each from Myanmar and the Maldives and one each from South Africa, the US and Madagascar.

Earlier, India had evacuated around 650 Indians from Wuhan in two Air India flights.

“In all 723 Indian nationals and 43 foreign nationals have been evacuated from Wuhan, China, in these three flights,” the Ministry of External Affairs (MEA) said.

On the medical supplies delivered by India to China, the MEA said they would help augment the country’s efforts to control the coronavirus outbreak which had been declared as a public health emergency by the World Health Organisation.

“The assistance is also a mark of friendship and solidarity from the people of India towards the people of China as the two countries also celebrate 70th anniversary of establishment of diplomatic relations this year,” it said.

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