India's bid to join US alliance could irk China, Pak: media

August 30, 2016

Beijing, Aug 30: Attempts by India to join US' alliance could "irritate" China, Pakistan or even Russia and bring "strategic troubles" to New Delhi while making it a centre of geopolitical rivalries in Asia, China's state-run media commented today.

indusIn an editorial written ahead of Defence Minister Manohar Parrikar and US Defence Secretary Ashton Carter signing a logistics agreement, state-run Global Times said India may loose strategic independence if it leans towards the US.

The Logistics Exchange Memorandum of Agreement (LEMOA) allows India and US militaries to access each other's military facilities for refuelling and replenishment.

"This is undoubtedly a leap forward in US-India military cooperation. US media highly applauded this deal, with Forbes hailing it as a 'war pact' and believing that India is shifting away from Russia, its Cold War ally, toward a new alliance with the US," the editorial said.

"If India hastily joins the US alliance system, it may irritate China, Pakistan or even Russia. It may not make India feel safer, but will bring strategic troubles to itself and make itself a centre of geopolitical rivalries in Asia," it said.

"India holds dear its independence and sovereignty after squeezing out of the UK's colonialism. It views itself as a major power and is developing on the wave of the emerging countries," the editorial said.

While India has adopted a prudent attitude so far refraining from joining US alliance, some defence analysts expressed worries that India may lose strategic independence and warned that the pact may render New Delhi a "follower" of Washington, it said.

Observing that India attaches high importance to national security, the editorial said, "It feels it is an urgent task because its defence levels are a necessary condition of being a major power, rather than out of a sense of crisis that requires an intimacy to the US."

Due to its non-alignment policy, India has been given attention from all the major powers such as the US, Japan, China and Russia in recent years, it noted.

"However, in recent years, Washington has deliberately wooed New Delhi to become its quasi ally so as to impose geopolitical pressure on China. It is possible that the (Narendra) Modi administration is trying an unconventional way to lean toward the US with the logistics agreement," the editorial said.

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REALITY
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Tuesday, 30 Aug 2016

Liars will join hand with Liars...
Cheaters with cheaters
The world knows now that USA cheated its own people in 9/11..
The world knows now that USA cheated its own people on Iraq war..
Our indian politician are digging our own grave by joining the LIARS masters Club..

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News Network
February 16,2020

Varanasi, Feb 16: Amidst continuing protests against the amended citizenship law, Prime Minister Narendra Modi on Sunday said his government stood by the decision despite all pressure.

"Be it the decision on Article 370 or the Citizenship Amendment Act, it was necessary in the interest of the country. Despite pressure, we stand by our decision and will remain so," he said.

Modi was addressing a public meeting in his Lok Sabha constituency.

Prime Minister Narendra Modi also asserted that the trust set up for construction of the Ram temple in Ayodhya will work "rapidly".

"A trust has been formed for construction of a grand Ram temple in Ayodhya. This trust will work rapidly," he said at a public meeting during his day-long visit to his Lok Sabha constituency.

The government had recently set up the Shri Ram Janmabhoomi Teerth Kshetra on the Supreme Court's directive to the Union government to form a trust that can look into the construction and management of the temple.

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News Network
February 1,2020

New Delhi, Feb 1: India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak.

It did not give a reason for the ban but it reported its first case of the new coronavirus on Thursday, a woman in Kerala who was a student of Wuhan University in China.

The central Chinese city of Wuhan is the epicentre of the outbreak, and the virus has since spread to more than 9,800 people globally and killed 213 people in China.

Several Indian citizens living in Wuhan will arrive in India by plane on Saturday and be taken to a quarantine centre on the outskirts of the capital New Delhi.

India, the world’s second most heavily populated country after China, has taken measures to ensure that all people arriving from China report to health authorities.

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News Network
March 29,2020

New Delhi, Mar 29 : Notwithstanding the 21-day coronavirus lockdown, the Reserve Bank of India (RBI) has decided to go ahead with the merger plan of ten state-run banks into four larger bank from April 1. The apex bank has issued four separate releases announcing that the branches of merging banks will operate as of the banks in which these have been amalgamated from next month.

RBI's statement comes after Finance Minister Nirmala Sitharaman's clarification on Thursday that the mega bank consolidation plan was very much on track and would take effect from April 1.

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector.

Bank officers' unions, however, earlier this week wrote to the prime minister seeking to defer the merger schemes of lenders due to the lockdown triggered by coronavirus outbreak.

As per the scheme, Oriental Bank of Commerce and United Bank of India will be merged into Punjab National Bank; Syndicate Bank into Canara Bank; Allahabad Bank into Indian Bank; and Andhra and Corporation banks into Union Bank of India.

Under this, the branches of Oriental Bank of Commerce and United Bank of India will operate as branches of Punjab National Bank from April 1, 2020, and branches of Syndicate Bank as that of Canara Bank, the RBI said in a separate releases.

Allahabad Bank branches will operate as those of Indian Bank while the branches of Andhra Bank and Corporation Bank will function as the branches of Union Bank of India from the beginning of next fiscal year 2020-21, the RBI said.

"The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India... The scheme comes into force on the 1st day of April 2020," RBI said.

Customers, including depositors of merging banks will be treated as customers of the banks in which these banks have been merged with effect from April 1, 2020, the RBI noted.

Banking services across the country are impacted due to the effect of COVID-19 as a near shut down is being observed across the country.

In a letter written to the Prime Minister on March 25, the All India Bank Officers'' Confederation (AIBOC) said, "The finance minister yesterday announced a slew of measures in view of the deleterious effect of the contagion. We are also expecting an extension of closing related activities and the revision of the closing date itself from March 31 to June 30, which is the need of the hour."

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