Army destroys 3 terror camps in PoK, six to ten Pakistan soldiers dead

Agencies
October 21, 2019

New Delhi, Oct 21: Six to ten soldiers of the Pakistan Army were killed and three terror camps destroyed in a retaliatory action by the Indian Army opposite the Tangdhar sector in Jammu & Kashmir, Army chief General Bipin Rawat said on Sunday.

Talking to reporters on the sidelines of an event, he said another terror camp was severely damaged in the action by the Indian forces and the retaliation had caused substantial harm to the terror infrastructure across the Line of Control (LoC).

Defence Minister Rajnath Singh was briefed about the retaliatory action, the Army chief said. “Ever since the abrogation of special provisions (for Jammu & Kashmir), we are getting repeated inputs about infiltration by terrorists from across the border,” he added. “So far, according to the information available with us, 6-10 Pakistani soldiers have been killed and nearly as many terrorists,” General Rawat said, adding that more information on terrorist casualty was being obtained.

“Three terror camps have been destroyed and on the fourth one also, we have caused severe damage,” he said.

If Pakistan continued with such activities, the Indian Army would not hesitate to retaliate, the Army chief asserted.

Recently, the Army received information that terrorists were coming closer to camps in the forward areas, General Rawat said.

In the last one month, repeated infiltration attempts were made from the Gurez, Keran, Machil sectors and south of Pir Panjal, he said, adding that Pakistani soldiers were resorting to ceasefire violation to provide support to the infiltration bids by terrorists. “Last evening, an attempt was made in Tangdhar to infiltrate...where we retaliated...Pakistan, at the same time, carried out some firing at the post, in which we did suffer as two of our soldiers got killed and one civilian also died,” General Rawat said. “All this (firing) was done to ensure that they can push in the terrorists,” he said.

General Rawat said terror camps across the border were targeted as the Army had definitive information. “The festival season is approaching, Diwali is round the corner, we had picked up a definitive signal that some of the terror camps north of Pir Panjal were active. Terrorists had arrived in these camps and that they were likely to infiltrate.

Lashing out at Pakistan, General Rawat said the other side was desperate as the first snow had fallen and advised the neighbouring country to “not perpetrate terror in the territory” on the Indian side. “Three days ago, we had foiled an infiltration bid in the Machil sector and recovered a rucksack and other equipment,” he said.

On the artillery action, the Army chief said as of now, there was a kind of "radio silence" on the other side and “we are not even able to pick up any mobile communication from across (the LoC), which implies that there have been casualty, damage, which the Pakistan Army does not want to highlight”.

“They do not want to highlight or project this damage as the world will know that no action had been taken (by them) to curtain the acts of terrorism from across the border. They are trying to keep it under the wraps. But, definitely, as and when we get it, we will provide you with more evidence,” he said.

On the situation in Jammu and Kashmir after the abrogation of Article 370 of the Constitution, which gave a special status to the state, the Army chief said while Indian forces were trying to restore normalcy in the Valley, attempts were being made from elements across the border to disrupt peace.

“Ever since the abrogation of special provisions (for Jammu and Kashmir), we are getting repeated inputs about infiltration by terrorists from across the border,” he added.

“Gradually, things are returning to normal in the valley, but obviously somebody is working behind the scenes, at the behest of terrorists and agencies, some within and some outside Pakistan and PoK, to disrupt the peaceful atmosphere,” he said. Asked if Defence Minister Rajnath Singh was briefed by him on the Tangdhar incident, the Army chief answered in the affirmative. "He (Singh) has been briefed regularly," he said. “The defence minister has regularly been in contact with me on this issue,” General Rawat said.

“As I said earlier, the political leadership and the military are working in close coordination and that is continuing... The political leadership is fully backing us on countering terror in whatever way and no restriction has been put. The mutual consultation goes on regularly,” he added.

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News Network
May 3,2020

New Delhi, May 3: Union Health and Family Welfare Minister Dr Harsh Vardhan on Sunday said that India's COVID-19 mortality rate of 3.2 per cent is the lowest in the world and over 10,000 coronavirus patients have been discharged from hospitals after recovering from the disease so far.

"Today more than 10,000 COVID-19 patients have been discharged. Those still admitted at hospitals are on the road to recovery. If in last 14 days doubling rate was 10.5 days, then today it is around 12 days," the Minister told ANI after visiting Lady Hardinge Hospital.

"Our mortality rate of 3.2 per cent is the lowest in the world," he said.

With 2,644 more COVID-19 cases and 83 deaths in the last 24 hours, the number of people infected from coronavirus in the country has reached 39,980 including 1,301 deaths, said the Union Ministry of Health and Family Welfare on Sunday.

Currently, there are 28,046 active cases while 10,633 COVID-19 positive patients have been cured/discharged.

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News Network
February 18,2020

New Delhi, Feb 18: Election strategist-turned-politician Prashant Kishor on Tuesday questioned the Nitish Kumar government's development model, even as he sneered at the chief minister for making ideological compromises to stay in an alliance with the BJP.

Kishor, who has been vocal about his opposition to the Citizenship (Amendment) Act (CAA), said Kumar needs to spell out whether he is with the ideals of Mahatma Gandhi or those who support Nathu Ram Godse.

"Nitish ji has always said that he cannot leave the ideals of Gandhi, JP and Lohiya... At the same time, how can he be with the people who support the ideology of Godse? Both cannot go together. If you want to stay with the BJP, I don't have any problem with it but you cannot be on both sides," he said.

"There has been a lot of discussion between me and Nitish-ji on this. He has his thought process and I have mine. There have been differences between him and me that the ideologies of Godse and Gandhi cannot stand together. As the leader of the party you have to say which side you are on," he added.

In a direct assault on Kumar's model of governance, Kishor said Bihar was the poorest state in 2005 and continues to be so.

"There has been development in Bihar during the last 15 years, but the pace has not been as it should have," he added.

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News Network
May 4,2020

Munbai/New Delhi, May 4: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers said.

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

"There is a considered view in the government that bank non-performing assets (NPAs) could double to 18-20% by the end of the fiscal year, as 20-25% of outstanding loans face a risk of default," the official with direct knowledge of the matter said.

A fresh surge in bad debt could hit credit growth and delay India's recovery from the coronavirus pandemic.

"These are unprecedented times and the way it's going we can expect banks to report double the amount of NPAs from what we've seen in earlier quarters," the finance head of a top public sector bank told Reuters.

The official and bankers declined to be named as they were not officially authorized to discuss the matter with media.

India's finance ministry declined to comment, while the Reserve Bank of India and Indian Banks' Association, the main industry body, did not immediately respond to emails seeking comment.

The Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases.

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus.

India has so far recorded nearly 40,000 cases of the coronavirus and more than 1,300 deaths from COVID-19, the respiratory disease caused by the coronavirus.

'RIDING THE TIGER'

Bankers fear it is unlikely that the economy will fully open up before June or July, and loans, especially those to small- and medium-sized businesses which constitute nearly 20% of overall credit, may be among the worst affected.

This is because all 10 of India's largest cities fall in high-risk red zones, where restrictions will remain stringent.

A report by Axis Bank said that these red zones, which contribute significantly to India's economy, account for roughly 83% of the overall loans made by its banks as of December.

One of the sources, an executive director of a public sector bank, said that economic growth had been sluggish and risks had been heightened, even ahead of the coronavirus crisis.

"Now we have this Black Swan event which means without any meaningful government stimulus, the economy will be in tatters for several more quarters," he said.

McKinsey & Co last month forecast India's economy could contract by around 20% in the three months through June, if the lockdown was extended to mid-May, and growth in the fiscal year was likely to fall 2% to 3%.

Bankers say the only way to stem the steep rise in bad loans is if the RBI significantly relaxes bad asset recognition rules.

Banks have asked the central bank to allow all loans to be categorized as NPAs only after 180 days, which is double the current 90-day window.

"The lockdown is like riding the tiger, once we get off it we'll be in a difficult position," a senior private sector banker said.

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