Global infra hub soon

November 17, 2014

Brisbane1Brisbane, Nov 16: Leaders of the G20 nations on Sunday decided to set up a Global Infrastructure Hub which will help reduce barriers to investment and improve information sharing for channelising funds into the sector.

Located in Sydney, the Hub will contribute to developing a knowledge-sharing platform and network between governments, the private sector, development banks and other international organisations.

“The Hub will foster collaboration among these groups to improve the functioning and financing of infrastructure markets,” said the communique released at the end of two-day G20 meeting here. “With a four year mandate, the Hub will work internationally to help countries improve their general investment climates, reduce barriers to investment, grow their project pipelines and help match investors with projects,” according to Australia, which holds the G20 Presidency.

The B20, a grouping of business leaders of G20 nations, have estimated that the Hub could help unlock an additional $2 trillion in global infrastructure capacity by 2030.

Countries like the UK, China, Saudi Arabia, New Zealand, Korea, Mexico and Singapore have given their financial commitment for establishing the Hub. Stressing on the need for global investment in infrastructure to boost growth and job creation, the G20 said it will work with the multilateral lending agencies and encourage national banks to provide additional lending to the sector.

Earlier in the day, US President Barack Obama, Australian Prime Minister Tony Abbott and Japanese premier Shinzo Abe lined up against Russia, vowing to oppose what they called Moscow’s efforts to destabilise Ukraine. “At this point the sanctions we have in place are biting plenty good,” Obama said.

India’s infrastructure sector will require an estimated $1 trillion in 12th Plan period ending 2017 and half of it is expected to come from the private sector.

On climate change, the US and other nations overrode Australia’s attempts to keep climate change off the formal agenda. Australia is one of the world’s biggest carbon emitters per capita. The final communique called for strong and effective action to address climate change with the aim of adopting a protocol, with legal force, at a UN climate conference in Paris in 2015.

“The most difficult discussion was on climate change,” an EU official told reporters on condition of anonymity.

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Agencies
June 2,2020

Lucknow, Jun 2: Bahujan Samaj Party chief Mayawati on Tuesday said protests in the US after the death of George Floyd, an African-American man, is a clear message to the world that a common man's life has value.

She said this is also guaranteed by the India Constitution, but the governments don't follow it, resulting in the current plight of migrants workers.

Floyd, a 46-year-old restaurant worker from Houston, died in Minneapolis on Monday after a white police officer pinned him to the ground. Video footage showed the officer kneeling on Floyd's neck as he gasped for breath, sparking widespread protests across the US.

"Floyd's killing by police and the 'Black lives matter' agitation in the US have given a clear message to the world that a common man's life has value and it should not be taken for granted," Mayawati said in a tweet in Hindi.

"India's constitution guarantees independence, security, self-respect and pride and governments should give special attention to it. If it was followed, crores of migrants labourers would not have to witness such bad days," she added.

She also demanded better coordination between states to check the spread of coronavirus and said Centre should intervene.

"While coronavirus patients are rising, there is lack of coordination between states and with the Centre, and allegation and counter-allegations are going on and sealing of state borders is unjustified and it is weakening the fight against the virus.  The Centre should intervene," she said in a separate tweet.

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News Network
February 1,2020

New Delhi, Feb 1: Activist Sharjeel Imam's mobile phone and laptop along with some anti-CAA posters have been seized from his house in Bihar's Jehanabad and rented flat in Vasant Kunj, police said on Friday.

Imam was arrested by the Delhi Police's Crime Branch from Jehanabad in a sedition case and he is being questioned by police for his alleged inflammatory speeches in Aligarh and at the Jamia Millia Islamia University here.

During investigation, a laptop and a desktop belonging to Imam were recovered from his rented flat at Vasant Kunj, Deputy Commissioner of Police (Crime) Rajesh Deo said.

His mobile phone was recovered from his house at his native place in Jehanabad's Kako area on the instance of his brother, he said.

Imam had prepared anti-CAA and anti-NRC pamphlets with "misleading and intimidating facts" and then distributed them in various mosques, the copy of which have been recovered, police said.

The shop from where he made photocopies of the pamphlets has also been identified, they added.

Imam was arrested on Tuesday. He was brought to Delhi on Wednesday and produced at the residence of Chief Metropolitan Magistrate Purushottam Pathak in the evening amid tight security after which police were granted his five-day custody.

The PhD scholar at the Jawaharlal Nehru University's Centre for Historical Studies has been booked for sedition and other charges in several states after videos of his alleged inflammatory speeches, made during protests against the Citizenship (Amendment) Act (CAA), were circulated on the social media.

An FIR was registered against Imam by the Delhi Police on January 25 under IPC sections 124A (sedition) and 153A (promoting or attempting to promote disharmony or feelings of enmity on grounds of religion, race, place of birth, residence, language, caste or community or any other ground whatsoever) among others.

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News Network
January 30,2020

Mumbai, Jan 30: Speaking at an event, Samajwadi Party (SP) leader Abu Azmi's son and businessman, Farhan Azmi said that if CM Uddhav Thackeray will build lord Ram's Temple at Ayodhya then he will build Babri Masjid there. He said, "My problem is with Uddhav Thackeray.

I respect him a lot and if in Shiv Sena somebody really deserves respect, then it is no other than Uddhav Thackeray. He never runs a government and I don't think he is running his party correctly.

If being the Chief Minister, Uddhav Thackeray says he is going to Ayodhya on 7th March, I will also go with him. He will build lord Ram's Temple and we will build Babri Masjid."

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