Commitment to peace as strong as commitment to territory: PM Modi

Agencies
April 12, 2018

Thiruvidanthai, Apr 12: Prime Minister Narendra Modi on Thursday said India's commitment to peace is just as strong as its commitment to protecting the country's territory and asserted that his government is ready to take all necessary measures to equip the armed forces to bolster their strength.

The prime minister's comments, after formally inaugurating the Defence Expo here, comes in the backdrop of increasing Chinese activities along the nearly 4,000 km border with India as well as Beijing's efforts to expand its influence in the Indo-Pacific region.

Listing his government's initiatives to promote defence production in India, Modi also accused the previous UPA government of policy paralysis in the defence sector, which he said affected the country's military preparedness.

"There was a time when the critical issue of defence preparedness was hampered by policy paralysis. We have seen the damage such laziness, incompetence or perhaps some hidden motives can cause to the nation. Not now, not anymore, never again," Modi said in the presence of top executives of foreign as well as domestic defence firms.

Though the four-day Defence Expo, India's biennial exhibition of military platforms and weapons, began yesterday, it was formally inaugurated by the prime minister today. The event was also attended by Defence Minister Nirmala Sitharaman, Tamil Nadu Governor Banwarilal Purohit, state Chief Minister Edappadi K Palaniswami, Deputy Chief Minister O Panneerselvam and representatives of a number of countries.

"Our commitment to peace is just as strong as our commitment to protecting our people and our territory. For this we are ready to take all necessary measures to equip our armed forces," the prime minister said.

The prime minister -- whose visit to Tamil Nadu comes amid widespread protests in the state over the Cauvery river waters issue -- also discussed modernisation of the armed forces and the long-drawn but unsuccessful initiative of the previous UPA regime to procure 126 Medium Multi-Role Combat Aircraft (MMRCA) .

"You would recall the long-drawn process of procurement of fighter aircraft that never reached any conclusion. We've not only taken bold action to meet our immediate critical requirements but have also initiated a new process to procure 110 fighter aircrafts," Modi said.

The government last week began the process to procure around 110 fighter jets by issuing an RFI (Request for Information) or initial tender. It is the first mega procurement initiative for fighter jets after the government scrapped the process to acquire 126 MMRCA for the IAF around five years ago.

Referring to India's quest for peace and stability, Modi discussed the sacrifices of Indian soldiers in World War II and said the country had always contributed towards global peace, unity and harmony.

"India has believed in winning hearts," he said.

Emphasising the government's focus on military modernisation, Modi said the government has launched the 'Innovation for Defence Excellence' scheme" under which 'Defence Innovation Hubs' will be set up throughout the country to provide necessary incubation and infrastructure support to start-ups in the defence sector.

"In May 2014, the total number of defence export permission granted stood at 118, for a total value of 577 million dollars. In less than four years, we have issued 794 more export permissions, for a total value of over 1.3 billion dollars," he said.

He also said the 'Defence Procurement Procedure' has been revised with many specific provisions for stimulating growth of the domestic defence industry. "We have also de-notified some items earlier made exclusively by ordnance factories, so that the private sector, especially MSMEs (micro, small and medium enterprises) can enter this space," he said.

"Over the last few years, we have made a humble beginning. On defence manufacturing licenses, on defence offsets, on defence exports clearances, on Foreign Direct Investment in defence manufacturing, and on reforming our defence procurement, we have taken many steps," he added.

The prime minister said his government was "conscious" that defence manufacturing is unique in terms of government involvement.

"You need the government to grant a license to manufacture. Since the government is almost the only buyer, you need the government to grant an order. You need the government to even to grant permission to export."

It is wonderful to see that over 500 Indian companies and over 150 foreign companies were participating in the exhibition, he said. More than 40 countries had also sent their official delegations as well, he pointed out.

Modi described Thiruvidanthai and the near-by region as the land of India's "glorious maritime legacy".

"This is the land from where India Looked East and Acted East thousands of years ago," he said.

"I am delighted and overwhelmed to see an enthusiastic gathering in this historic region of Kanchipuram in the great state of Tamil Nadu. I am very happy to be here in the land of the great Cholas who established India's historical civilization links through trade and education," he said.

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News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

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News Network
March 11,2020

Mar 11: In a bid to keep its flock together, the crisis-hit Madhya Pradesh Congress has decided to shift its 92 MLAs either to Jaipur or some other place.

The move comes after 22 Congress MLAs loyal to former Union minister Jyotiraditya Scindia resigned on Tuesday, pushing the 15-month-old Kamal Nath government to the brink of collapse.

"We are going to take our 92 MLAs and those supporting our Madhya Pradesh government to a hotel," a senior Congress leader said on Wednesday.

The legislators would be taken either to Jaipur or some other Congress-ruled state like Chhattisgarh, a party source said.

Apart from its own MLAs, the Congress is also keeping a close watch on four Independents who are supporting the party-led state government.

On Tuesday, 22 Congress MLAs from Madhya Pradesh resigned soon after Scindia quit the party.

The development reduced the Congress government in the state to minority.

The state Congress unit is now making all efforts to save the Kamal Nath-led government.

The BJP on Tuesday night shifted its MLAs to Manesar at Gurugram in Haryana, sources in the saffron party said.

The Congress, whose tally before the rebellion was 114, has a wafer-thin majority in the Madhya Pradesh Assembly whose current effective strength is 228.

It also has the support of four Independents, two BSP legislators and one SP MLA, but some of them are now likely to switch sides to the BJP.

The BJP has 107 seats in the state Assembly.

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News Network
March 7,2020

New Delhi, Mar 7: Prime Minister Narendra Modi turned emotional on Saturday when a woman beneficiary of his government's generic medicine programme told him that she had seen God in him.

Dehradun-resident Deepa Shah, who suffered paralysis in 2011, was interacting with the prime minister through video-conference on the occasion of Jan Aushadhi Diwas.

"I have not seen god, but I have seen God in you," she said, tears rolling down her eyes.

Modi was visibly emotional as the woman repeated her remark.

She also thanked the Uttarakhand chief minister and others who had helped her all along and said doctors had once told her that she cannot be cured.

"But on hearing your voice I have become better," she told Modi while profusely thanking the prime minister for his efforts to reduce the cost of medicines.

An emotional prime minister paused for a moment before telling her that it was her courage that had won over her disease and that she must carry on with the spirit.

Shah was expressing her plight and how she had suffered due to high cost of medicines after she suffered from paralysis in 2011 and has now started saving Rs 3,500 every month after benefitting from the government's low-cost generic medicines programme.

Soon after Shah rose to express her views, Modi asked her to sit and speak as he said she was uncomfortable while standing.

"You have defeated disease with your own will power. Your courage is your god and that same courage has given you the strength to emerge from such a big crisis. You should carry on this confidence in you," Modi told her.

He said some people still keep spreading rumours about generic medicines, going by their past experience, wondering how can medicines be available so cheap and that there must be something wrong with the medicine.

"But, by seeing you countrymen would gain confidence that there is nothing wrong in generic medicines. These medicines are not at all of inferior quality than any other medicine. These medicines have been certified by the best laboratories. These medicines are made in India and is 'Make in India' and are cheap," the prime minister said.

He said there is demand for generic medicines from India across the world and the government has made it mandatory for doctors to prescribe generic medicines to patients, unless necessary.

Comments

Sameeksha
 - 
Monday, 9 Mar 2020

Wowww so emotional... Lol .really god in you??? Drama king and queen

angry indian
 - 
Sunday, 8 Mar 2020

in 2002 riot we have seen shaitan in you..how come shaitan become GOD...

 

did he put atleat one tear for his mother, did he feel sad when pregnant muslim woman brutally murdered..

this guy is 21st century dajjal..

Suresh SS
 - 
Sunday, 8 Mar 2020

Big Nautanki, Dramebaz

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