China moving ahead, talking about temples and mosques will waste our time: Ex-Navy chief

Agencies
August 12, 2019

New Delhi, Aug 12: China is moving ahead in areas like artificial intelligence (AI) and robotics and it would be a waste of time if India distracts itself by talking about temples and mosques, former Navy chief Arun Prakash said on Sunday.

However, Arun Prakash expressed hope that the abrogation provision of Article 370 and the change in the status of Jammu and Kashmir will bring peace and help foster integration and economic development in the region.

"For our whole existence as an independent nation, we have seen and suffered from these fissures - linguistic, religious, caste, etc. These conflicts have continued throughout our independent existence," Admiral Arun Prakash (Retd), while delivering Prem Bhatia Memorial Lecture in New Delhi, said.

"What we need to do is to try and tamp them rather than to exploit them. China is talking about artificial intelligence, robotics and machine learning and all that. And if we are going to talk about temples and mosques and so on, then obviously we are going to waste time," Arun Prakash added.

Curious to know whether anyone from the 'Raghuvansha' (descendants of Lord Ram) was still residing in Ayodhya, the Supreme Court on Friday had put this query to 'Ram Lalla Virajman', the deity and one of the parties in the politically sensitive Ram Janmabhoomi-Babri Masjid land dispute case.

Fourteen appeals have been filed in the apex court against the 2010 Allahabad High Court judgment, delivered in four civil suits, that the 2.77-acre land in Ayodhya be partitioned equally among the three parties -- the Sunni Waqf Board, the Nirmohi Akhara and Ram Lalla.

Arun Prakash, who served as the chief of Naval staff from July 2004 to October 2006, said on Sunday, "It is in key interest of national security to ensure peace and tranquillity domestically before even looking outside."

"So to take away the half front, which the Army Chief [Bipin Rawat] mentions, we need to ensure domestic peace, harmony, etc. Therefore, the issues that are of a divisive nature need to be minimised rather than exploited," Arun Prakash added.

In June this year, Army Chief Bipin Rawat said that Indian armed forces are ready for a "two-and-a-half-front war". Bipin Rawat was referring to Pakistan and China as two fronts and internal security threats as the half front.

Arun Prakash said Sunday, "Our actual preparation should have been to ward off Chinese pressure. They don't have to fire a bullet. There are many other ways of pushing India. And if we prepare to counter China, then Pakistan would automatically be taken care of."

Talking about recent situation in Jammu and Kashmir, Arun Prakash said, "One hopes that the recent abrogation of Article 370 and the changes in the status of erstwhile J&K [Jammu and Kashmir] will bring peace and help foster integration and economic development."

Earlier this week, the government revoked provisions of Article 370 of the Constitution, withdrawing special status to Jammu and Kashmir, and split the state into two Union Territories -- Jammu and Kashmir, and Ladakh.

"If we are to debunk Jinnah's two-nation theory and convince the Muslim majority Union Territory (UT) of J&K that they made the right choice in 1947, then we need to reflect seriously on some larger issues," Arun Prakash said.

"One, whether the pursuit of majoritarianism of any kind is a good idea for a multi-religious, multi-ethnic and multi-lingual country like India. Two, whether in generating insecurity amongst any section of our people will enhance India's security or undermine it," Arun Prakash added.

Comments

Mr Frank
 - 
Tuesday, 13 Aug 2019

When china products in every field available globally India is lagging far behind filled with hate crime and polarisation and rapings..development remains only a slogan.

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Agencies
August 1,2020

New Delhi, Aug 1: Rajya Sabha MP and former Samajwadi Party leader Amar Singh has died in Singapore where he was undergoing treatment.

Amar Singh, 64, had undergone kidney transplant in 2011 and was not keeping well for a long time.

“Saddened to know about the death of senior leader and parliamentarian Amar Singh,” Defence Minister Rajnath Singh tweeted.

Earlier in the day, the former Samajwadi leader had posted messages on Twitter, paying tributes to Bal Gangadhar Tilak on his 100th death anniversary and also wishing people on Eid.

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News Network
January 10,2020

New Delhi, Jan 10: An IPS officer's thumb was bitten by a woman protester when he was pushing back agitators, who were trying to march towards the Rashtrapati Bhawan here on Thursday, police sources said.

The protesters had gathered after a call was given by JNU Students' Union president Aishe Ghosh to march towards President's House to demand the removal of University's Vice Chancellor, M Jagadesh Kumar.

Ingit Pratap Singh, a 2011 batch officer, who is currently posted as the additional deputy commissioner of the southwest district, was injured in the attack.

According to sources, Singh was trying to pull a male protester when the woman, in a bid to shield her friend, bit Singh's left thumb.

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News Network
July 16,2020

New Delhi, Jul 16: With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick in near-term inflation could give the central bank's Monetary Policy Committee reason to pause for now.

Having cut its key lending rate by an aggressive 115 basis points (bps) in 2020, on top of 135 bps cuts in 2019, the RBI so far has had little success in spurring credit growth amid varying degrees of lockdowns across India.

Some economists and market insiders argue it may be prudent for the MPC, the policy committee, to hold its fire when it meets early next month.

"It's probably too early to administer a demand stimulus. The RBI still has room to cut rates, but we probably want to be more cautious of the timing," said Venkat Pasupuleti, portfolio manager at Dalton Investments.

"Maybe they should wait a quarter to see how things pan out once the lockdown situation is eased further."

Market participants have factored in at least a 25 bps rate cut by the MPC on August 6 while analysts are predicting a total 50-75 bps cuts over the rest of the fiscal year that runs to March 31.

The spike in the retail inflation rate above the RBI's mandated 2%-4% target range is another reason for the central bank to take a breather, analysts say.

Annual retail inflation rose to 6.09% in June, compared to 5.84% in March and sharply above a 5.30% median forecast in a Reuters poll of economists.

Rahul Bajoria, an economist at Barclays, said the spike in both consumer and wholesale prices "could lead to a tempering in enthusiasm for material front-loaded policy support from here on."

Almost all economists however agreed the RBI cannot move away from its accommodative stance or call an end to the rate cutting cycle just yet.

India's economy grew at 3.1% in the March quarter - an eight year low - and some economists have predicted a contraction of more than 20% in the June quarter and a contraction of up to 5% in the fiscal year.

"Even in the event of a pause, we think the RBI and MPC would want to hold out the promise of more cuts," said A. Prasanna, economist with ICICI Securities.

RBI Governor Shaktikanta Das said in a recent speech the need of the hour is to restore confidence, preserve financial stability, revive growth and recover stronger, suggesting inflation concerns are unlikely to deter the downward trajectory for rates too soon.

"The August policy decision would boil down to a judgment call over whether RBI can maintain easy monetary and financial conditions without the aid of a token rate cut," Prasanna said. 

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