How India, China do would fundamentally shape the world: Rahul

Agencies
September 20, 2017

Princeton, Sept 20: Congress vice-president Rahul Gandhi today said that notwithstanding the path chosen by them, the performance of India and China would determine how the world would fundamentally be reshaped.

Gandhi, who was interacting with students at the Princeton University noted that there was "a lot of synergies" between India and the United States. "There are two large migrations taking place - one is completely free and the other is centrally controlled. The systems respond differently. India and China are two huge countries that are transforming from agricultural countries to urban modern model countries. And that's a huge chunk of the world population," Gandhi said in his interaction at the Princeton University.

"And how these two countries do is going to fundamentally reshape the world. It's not my place to say that China should be democratic or not. They have chosen their path and we have chosen ours," he said.

But there is "cooperation and there is competition" between the two most populous countries of the world. "We have to figure out how to get our jobs. We have to basically compete with China," he said, adding that frankly, India is not doing that well. China, he said, is entering spaces with One Belt, One Road (OBOR) venture.

"And China has a particular vision of the world. It's very clear. And from their perspective it's a very powerful vision," he said. Gandhi also raised a series of questions for India that he sought to be answered.

"Does India has a similar vision? What does that vision look like? How much cooperation is going to be between us and them? These are basically the fundamental questions going forward. But the thing to realise is that China is moving with tremendous power and we have to work with that," he said.

Gandhi said there's a lot of space for cooperation between the United States and India in the creation of jobs and in the education sector. "So I think a lot of synergy between the two countries. Also historically India has maintained balance (in a relationship). So India has had a relationship with China and has had a relationship with Russia. It has had a relationship with the US and both the countries. To me the strategic relationship with the United States is important," he said.

The scion of the Nehru-Gandhi family underscored the need for a balance (of relationship) in terms of all the other countries. "But balance is also important in terms of all the other countries. So I would say there is a slight difference between us and the government," Gandhi said in response to a question.

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coastaldigest.com web desk
June 27,2020

New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.

The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.

However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.

“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.

Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.

However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.

The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.

“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.

Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."

Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.

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News Network
June 10,2020

Chennai, Jun 10: DMK MLA J Anbazhagan who had tested positive for coronavirus and was on ventilator support from June 3 passed away at a hospital in Chennai on Wednesday.

Coincidently, today is the 62nd birthday of the MLA.

"Anbazhagan J, who has been fighting for his life with severe COVID 19 pneumonia rapidly deteriorated early this morning. In spite of full medical support including mechanical ventilation at our COVID facility, he succumbed to his illness. He was declared dead at 08:05 hours on the 10th of June 2020," the hospital said in a statement.

In 2001, Anbazhagan was elected from T Nagar Assembly constituency. He served for five years.

Later in 2011, he was elected to Tamil Nadu Assembly from Chepauk-Thiruvallikeni seat. The DMK leader was re-elected from the same constituency in 2016.

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News Network
June 24,2020

Jun 24: The coronavirus tally in Pakistan reached 188,926 with the detection of 3,892 new cases in the last 24 hours, the health ministry said on Wednesday.

Sixty more people died due to the viral infection, taking the death toll to 3,755.

As many as 3,337 patients are in critical condition across the country, the ministry said.

With the detection of 3,892 new cases in the last 24 hours, the coronavirus tally in the country now stands at 188,926, it said.

Sindh reported the maximum number of 72,656 cases, followed by 69,536 in Punjab, 23,388 in Khyber-Pakhtunkhwa, 11,483 in Islamabad, 9,634 in Balochistan, 1,337 in Gilgit-Baltistan and 892 in Pakistan-occupied Kashmir (Pok).

Health authorities have so far conducted 1,150,141 coronavirus tests, including 23,380 in the last 24 hours.

A total of 77,754 patients have recovered so far from the disease.

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