Chinese Army spotted along LoC in Pak-occupied Kashmir

March 13, 2016

Srinagar, March 13: After frequent incursions in Ladakh area, Chinese People's Liberation Army (PLA) troops have been spotted at forward posts along the Line of Control (LoC) on the Pakistani side of Kashmir, ringing alarm bells in the security grid.chinese-army

The Army has spotted presence of senior PLA officials at the forward posts opposite Nowgam sector in North Kashmir after which some intercepts of Pakistani army officers suggested that the Chinese troops have come to create some infrastructure along the LoC, sources in the know of developments said today.

Army has officially maintained complete silence on the issue but have been constantly updating various intelligence agencies about the presence of PLA troops along the Line of Control, the sources said.

The PLA troops were first spotted in the later part of the last year and ever since their presence was witnessed opposite Tangdhar sector as well. In this area, Chinese government-owned China Gezhouba Group Company Limited has been building a Jhelum-Neelum 970 MW Hydel power project.

The hydel project is being built in response to India's Kishanganga power project being built in Bandipore of North Kashmir. The Indian project is designed to divert water from the Kishanganga River to a power plant in the Jhelum River basin and will have an installed capacity of 330 MW. Construction on the project began in 2007 and is expected to be complete this year.

The intercepts also suggested that Chinese PLA would be digging some tunnels in Leepa Valley, located in Pakistan-occupied Kashmir (PoK), to build an all-weather road which will serve as an alternate route to reach Karakoram Highway.

The visit by PLA officials is seen by experts as part of Beijing's 46 billion dollar China-Pakistan-Economic Corridor (CPEC) under which Gwadar port in Karachi is linked to Chinese Xinjiang province through Karakoram highway, an area under illegal occupation of China.

As the CPEC project was given final shape, India had last year registered its protest against the presence of Chinese troops in Gilgit and Baltistan, an area in PoK, saying that it was unacceptable to India.

In the meantime, some of the experts in the nation's security grid have been giving serious thoughts to the presence of PLA in close proximity with Pakistani army officials. Chinese officials have maintained that CPEC was an economical package to link Asia with Eurasia.

Srikanth Kondapalli, Professor in Chinese Studies at Jawaharlal Nehru University, who has been part of think-tank on Indian policy towards China, feels that the over growing presence of Chinese PLA was a cause of worry for India.

"What we know is that China is going to raise three divisions of its PLA under a local name in PoK that will guard the Chinese interests in occupied Kashmir. One needs to understand the game plan of Beijing," he said.

Reports emerging from PoK were suggesting that PLA under a local name will establish a security wing in the PoK so that India does not protest. The new three divisions, around 30,000 men, will be deployed in and around the installations built by the Chinese firms, the sources said, adding this way Beijing can also justify its presence along the LoC in northern part of Kashmir.

Comments

ali
 - 
Sunday, 13 Mar 2016

Indian media will not highlight this issue, because our current government is not able to face stronger countries like china. They can fight against poor countries like Pakistan, Bangladesh or Nepal

PK
 - 
Sunday, 13 Mar 2016

Instead of fighting our own indian. the Cheddiwalas should go there and show their patriots to the country by defending from chinese advancement..

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News Network
February 2,2020

Feb 2: Prime Minister Narendra Modi’s second budget in seven months disappointed investors who were hoping for big-bang stimulus to revive growth in Asia’s third-largest economy.

The fiscal plan -- delivered by Finance Minister Nirmala Sitharaman on Saturday -- proposed tax cuts for individuals and wider deficit targets but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and create jobs. Stocks slumped as a proposal to scrap the dividend distribution tax for companies failed to impress investors.

"Far from being a game changer, the budget provides little in terms of short-term growth stimulus,” said Priyanka Kishore, head of India and South East Asia economics at Oxford Economics Ltd. in Singapore. “While income tax cuts will provide some relief on the consumption front, the multiplier effect is low and the overall stance of the budget is not expansionary."

India has gone from being the world’s fastest-growing major economy three years ago, expanding at 8%, to posting its weakest performance in more than a decade this fiscal year, estimated at 5%.

While the government has taken a number of steps in recent months to spur growth, they’ve fallen short of spurring demand in the consumption-driven economy. Saturday’s budget just added to the glum sentiment.

Okay Budget

“It’s an okay budget but not firing on all cylinders that the market was hoping for,” said Andrew Holland, chief executive officer at Avendus Capital Alternate Strategies in Mumbai.

The government had limited scope for a large stimulus given a huge shortfall in revenues in the current year. The slippage induced Sitharaman to invoke a never-used provision in fiscal laws, allowing the government to exceed the budget gap by 0.5 percentage points. The result: the deficit for the year ending March was widened to 3.8% of gross domestic product from a planned 3.3%.

On Friday, India’s chief economic adviser Krishnamurthy Subramanian said reviving economic growth was an “urgent priority” and deficit goals could be relaxed to achieve that. The adviser’s Economic Survey estimated growth will rebound to 6%-6.5% in the year starting April.

The fiscal gap will narrow to 3.5% next year, as the government budgeted for gross market borrowing to rise marginally to 7.8 trillion rupees from 7.1 trillion rupees in the current year. A plan to earn 2.1 trillion rupees by selling state-owned assets in the year starting April will also help plug the deficit.

Total spending in the coming fiscal year will increase to 30.4 trillion rupees, representing a 13% increase from the current year’s budget, according to latest data.

Key highlights from the budget:

* Tax on annual income up to 1.25 million rupees pared, with riders

* Dividend distribution tax to be levied on investors, instead of companies

* Farm sector budget raised 28%, transport infrastructure gets 7% more

* Spending on education raised 5%

* Fertilizer subsidy cut 10%

Analysts said the muted spending plan to keep the deficit in check will lead to more downside risks to growth in the coming months.

“It is very doubtful that the increase in expenditure will push demand much,” Chakravarthy Rangarajan, former governor at the Reserve Bank of India told BloombergQuint, adding that achieving next year’s budget deficit goal of 3.5% of GDP was doubtful.

With the government sticking to a conservative fiscal path, the focus will now turn to central bank, which is set to review monetary policy on Feb. 6. Given inflation has surged to a five-year high of 7.35%, the RBI is unlikely to lower interest rates.

What Bloomberg’s Economists Say:

The burden of recovery now falls solely on the Reserve Bank of India. With inflation breaching RBI’s target at present, any rate cuts by the central bank are likely to be delayed and contingent upon inflation falling below the upper end of its 2%-6% target range.

-- Abhishek Gupta, India economist

Governor Shaktikanta Das may instead focus on unconventional policy tools such as the Federal Reserve-style Operation Twist -- buying long-end debt while selling short-tenor bonds -- to keep borrowing costs down.

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News Network
April 16,2020

Kochi, Apr 16: As many as 268 British citizens stranded in Kerala due to the nationwide lockdown were airlifted by British Airways on Wednesday from Thiruvananthapuram and Cochin International Airports.

The flight took off from Thiruvananthapuram to London's Heathrow Airport with 110 passengers at 7.30 pm. Later, 158 more passengers boarded the flight from Cochin airport at 10.07 pm.
A medical team, including four doctors, screened the passengers at the Thiruvananthapuram airport before they boarded the flight.

Earlier this month, the first charter flight from India reached London's Stansted with 317 British nationals on board from Goa.

The British government had earlier announced the operation of 19 chartered flights to evacuate its nationals who are stranded in India amid travel restrictions owing to the coronavirus crisis.

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News Network
February 24,2020

New Delhi, Feb 24: India and the US are committed to defend their people from radical islamic terrorism, resolved to significantly expand defence ties and are working on a "fantastic" trade deal, said US President Donald Trump on Monday while asserting that his country "loves" and is "loyal" to India.

Addressing a huge crowd at 'Namaste Trump' event at the Motera stadium here, the US president, accompanied by his wife Melania and Prime Minister Narendra Modi, talked about India's great tradition of embracing individual freedom, rule of law, dignity of every human being and where people worship side-by-side in harmony.

On his maiden visit, Trump, who was welcomed by Modi on his arrival here, said his country will remain a "loyal" friend of India and called the Prime Minister an "exceptional leader" who works day and night for the country.

"India and the US are committed to fight terrorists and their ideology; that is why my government is working with Pakistan to crack down on terror groups," Trump said in the presence of his family -- daughter Ivanka, son-in-law Jared Kushner-- and top brass of his administration.

"The US will always be faithful and loyal friend of India. Thank you for the spectacular welcome," he added.

He also announced that the two countries will firm up defence deals worth USD 3 billion on Tuesday and that the US will become India's premier defence partner.

"India and US have natural and enduring friendship," Trump said to a cheering crowd.

"We are quickly revitalising our alliances all around world," he said.

Trump said both countries are working on a "fantastic trade" deal, and observed that Modi is a "tough negotiator".

The US president also heaped praises on Modi, saying the Prime Minister is a "living proof" of what an Indian can achieve with hard work as Trump referred to his humble background as a tea-seller, who had a landslide win in the 2019 Lok Sabha polls.

On his part, Modi welcomed Trump to "world's largest democracy" and said a "new history" was being created.

Modi also praised Trump's leadership in containing terrorism.

Trump said as the world's largest economy, India gives hope to all humanity and has become an economic giant.

"There is a difference between a nation that rises by coercion and one that rises by setting its people free -- that is India. India and the US have natural and enduring friendship," he said.

He also touched on India's cultural diversity and riches as he highlighted the success of its blockbuster movies like DDLJ (Dilwale Dulhania Le Jayenge) and Sholay, and its sporting icons like Sachin Tedulkar and Virat Kohli.

He highlighted the boom in the US economy under his presidency and added that India will soon be home to the biggest middle class as it will eliminate extreme poverty in in next 10 years.

On his part, Modi said ties between India and the US are no longer just another partnership but have touched far greater heights.

Welcoming Trump, he said a "new history" is being created.

Visit of President Trump to India with his family shows strong ties between India and the US, said Modi.

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