'Indian dream of isolating Pak will never be fulfilled'

Agencies
February 26, 2019

Islamabad, Feb 26: Pakistan Foreign Minister Shah Mahmood Qureshi said on Monday that India's "dream" of isolating Pakistan will never be fulfilled, amidst simmering tensions between the two countries following the Pulwama terror attack that killed 40 CRPF soldiers.

Forty Central Reserve Police Force (CRPF) personnel were killed on February 14 in Jammu and Kashmir when a suicide bomber of Pakistan-based terror group Jaish-e-Mohammad (JeM) rammed an explosive-laden vehicle into their bus in Pulwama district, sparking outrage in the country.

Addressing a conference on Kashmir in Islamabad, Qureshi said a number of foreign dignitaries were scheduled to visit Pakistan in near future.

Malaysian Prime Minister Mahathir Muhammad will be the chief guest on Pakistan Day Parade on March 23, he said.

He said German Foreign Minister Heiko Maas will pay the visit on March 12 and the EU High Representative will also visit Islamabad soon.

Qureshi said India's "dream" of isolating Pakistan will never be fulfilled.

India launched a major diplomatic offensive against Islamabad after the Pulwama attack and highlighted Pakistan's role in using terrorism as an instrument of state policy.

The international community led by the US pressed Pakistan to deny safe haven to terror groups operating form its soil and bring the perpetrators of the Pulwama attack to justice.

Qureshi said Pakistan was not in favour any conflict with India.

Talking about the heightened tensions after the Pulwama attack, he said India's response was predictable.

"It behaved in the same manner as it did after Mumbai attacks," he said.

The Foreign Minister said Prime Minister Imran Khan offered help in probe the sucide attack and also announced that Pakistan would not allow its soil to be used against any country.

He said Prime Minister Pakistan has made it clear that Islamabad would retaliate to any action by New Delhi.

Qureshi said action was being taken against extremists in the light of National Action Plan, a 20-point agenda to eliminate militancy.

India has asked Pakistan to take immediate and verifiable action against terrorists and terror groups operating from territories under its control.

New Delhi also announced the withdrawal of the Most Favoured Nation status for Pakistan and hiked the customs duty by 200 per cent on goods originating from Pakistan.

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Agencies
May 23,2020

New Delhi, May 23: India will try to restart a good percentage of international passenger flights before August, Civil Aviation Minister Hardeep Singh Puri said on Saturday, three days after announcing resumption of domestic flights from May 25.

All scheduled commercial passenger flights have been suspended in India since March 25 when the Modi government imposed a lockdown to contain the novel coronavirus pandemic.

"I am fully hopeful that before August or September, we will try to start a good percentage of international civil aviation operations, if not complete international operations," Puri said during a Facebook live session.

"I can't put a date on it (restarting international flights). But if somebody says can it be done by August or September, my response is why not earlier depending on what is the situation," he said.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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News Network
February 22,2020

New Delhi, Feb 22: China is delaying grant of clearance to India's proposal to send an Indian Air Force flight to carry relief material for people affected by coronavirus in the neighbouring country and bring back Indians from its city of Wuhan, official sources said Saturday.

India was to send a C-17 military transport aircraft to Wuhan, the epicentre of the coronavirus outbreak, on February 20 but the plane could not take off as permission was not granted for the flight.

"China is deliberately delaying grant of clearance for the evacuation flight," a high-level source said.

The aircraft was to carry a large consignment of medical supplies to China and bring back more Indians from Wuhan.

Sources said the Chinese side continued to maintain that there was no delay in granting permission for the flight to go, but "inexplicably" the clearance has not been given.

In a letter to President Xi Jinping earlier this month, Prime Minister Narendra Modi conveyed India's solidarity to the people and government of China in meeting the challenge of the coronavirus outbreak and offered to provide assistance to the country.

India then put together relief supplies in pursuance of Modi's commitment as a token of India's solidarity, particularly in the 70th year of the anniversary of diplomatic relations between the two countries.

"These supplies have been offered even as India faces tremendous shortage itself, given our ethos of helping others in their hour of need," said a source aware of the issue.

The items being supplied are gloves, surgical masks, feeding pumps and defibrillators based on the requirements as indicated by the Chinese side.

India's national carrier Air India has already evacuated around 640 Indians from Wuhan in two separate flights.

According to estimates, over 100 Indians are still living in Wuhan. A sizeable number of countries have evacuated their citizens from China and restricted movement of people and goods to and from the country in view of the massive outbreak of coronavirus there.

Indian nationals in Wuhan continue their long wait for the flight. The delay is causing them and their family members in India tremendous mental anguish, said the sources.

They said relief and evacuation flights from other countries including by France are allowed to operate by China but the permission has not come through in India's case.

"Are they not interested in Indian aid provided as our token of support? Why are they creating roadblock in evacuating our nationals from Wuhan and putting them under hardship and mental agony?" said a person aware of the issue.

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