Modi to get US President-like reception in Israel; terrorism, economic ties on agenda

Agencies
July 4, 2017

New Delhi, Jul 4: Prime Minister Narendra Modi's historic visit to Israel, beginning on Tuesday, will see discussions between him and his Israeli counterpart Benjamin Netanyahu exploring ways to enhance cooperation in key strategic areas.

netanyahu

His visit will be the first by an Indian PM to Israel.

This year, India and Israel are marking 25 years of their diplomatic relations.

The two sides are expected to sign number of agreements in the field of innovation, development, science and technology and space.

Apart from boosting cooperation in the water and agriculture sectors, India and Israel will also discuss ways to strengthen people-to-people contact, air connectivity and investments.

During the visit, a deal with the Uttar Pradesh government is also likely to be signed to clean-up a patch of river Ganges apart from setting up of industrial research and development fund of USD 40 million.

Before the visit, the Ministry of External Affairs ministry in New Delhi said it will provide an impetus for deeper bilateral engagement in areas of mutual interest, as per news agency.

PM Modi's schedule:

PM Modi will be received by Netanyahu at the airport. This is a special gesture only accorded to the Pope or the US president.

The Israeli PM will also host a dinner for PM Modi.

Netanyahu will accompany him to most of the events, including the community reception on July 5.

PM Modi will pay homage to Indian soldiers at the Indian Cemetery in Haifa.

He will meet 26/11 Mumbai terror attack survivor Holtzberg Moshe, who was only two when he was saved by his Indian nanny Sandra Samuel.

Moshe's father Rabbi Gavriel and mother Rivkah were among eight Israeli nationals killed in the 2008 terror strike.

On the eve of his visit to Israel, PM Modi on Monday said he will discuss with Netanyahu common challenges like terrorism and ways to boost the economic ties.

"Tomorrow, I begin a historic visit to Israel, a very special partner of India's. As the first Indian PM to do so, I am greatly looking forward to this unprecedented visit that will bring our two countries and people closer," he said in a statement.

"I look forward to holding extensive talks with my friend, Israeli PM Netanyahu, who shares a commitment for vibrant India-Israel ties," he tweeted.

The PM said he will have 'in-depth talks' with Netanyahu "on the full spectrum of our partnership and strengthening it in diverse fields for mutual benefit. We will also have the chance to discuss major common challenges like terrorism."

"My programme during the visit gives me an opportunity to engage with a cross-section of Israeli society. I am particularly looking forward to interacting with the large vibrant Indian diaspora in Israel that represents an enduring link between our two peoples," PM Modi added.

On the economic side, he said, "I will join with leading Indian and Israeli CEOs and start-ups to discuss our shared priority of expanding business and investment collaboration on the ground."

In addition, he said, "I hope to get insights into Israel's accomplishments in technology and innovation through on-site visits."

On July 6, PM Modi will travel to Hamburg for the G-20 Summit being hosted by Germany on July 7-8.

Netanyahu hails PM Modi's visit to Israel as a 'very significant step'

Earlier, the Israeli premier had hailed PM Modi's visit as a "very significant step" in strengthening bilateral relations that are on a "constant upswing".

"Next week, the Indian Prime Minister, my friend, Narendra Modi will arrive in Israel, This is a historic visit to Israel. In the 70 years of the country's existence, no Indian Prime Minister has ever visited and this is further expression of the state of Israel's military, economic and diplomatic strength," Netanyahu had said.

"This is a very significant step in strengthening relations between the two countries," he had added.

The two leaders have already met twice on foreign soil on the sidelines of UN-related events and are said to be constantly in touch with each other over the phone.

PM Modi would also be meeting Israeli President Reuven Rivlin and the leader of Opposition Isaac Herzog on July 5.

He will not travelling to neighbouring Palestine during the visit, a clear signal of de-hyphenation of its ties with the two West Asian nations.

President Pranab Mukherjee in 2015 and External Affairs Minister Sushma Swaraj in 2016 visited both the countries.

Israeli Prime Minister Ariel Sharon and President Ezer Weizman visited India in 2003 and 1997 respectively.

Israeli President Reuven Rivlin had also paid a visit to India in November last year.

Comments

Muhammed Rafique
 - 
Friday, 7 Jul 2017

Viren, Your comments doesn't even deserve any response

but the matter of fact is you are such a sick and communal person who encourage riot and disrupt peace.The current situation in DK is bcos of people like u, instigated by Padil and Kalladka

Viren Kotian
 - 
Friday, 7 Jul 2017

RIP Sharat. Your blood will not be wasted. nationalist forces will soon eliminate anti-national forces, fanatics and terrorists.

Hara Hara Mahaadev!

Abdul
 - 
Friday, 7 Jul 2017

So called nationalists, breaking section , ohh DK & Udupi MPs spotted again , they will disappear when real culprits get caught ( like Karthik raj case)

Mohammad Beary
 - 
Tuesday, 4 Jul 2017

Lynchist with terrorist...

NOOR
 - 
Tuesday, 4 Jul 2017

For a muslims, Everything happens with the will of ALLAH...
ALLAH the creator of all that exists, Knows well of all that is happening around the globe...
ALLAH is the best of Planners...
ALhamudllillah.. Thanks to ALLAH for making us Muslims.

Fear ALLAH, the creator..
and Never Fear the Creations of ALLAH. U will be successful

abdul
 - 
Tuesday, 4 Jul 2017

both from the same creed & creature-anti human

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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Agencies
January 16,2020

New Delhi, Jan 16: The Arvind Kejriwal-led Delhi government on Thursday rejected the mercy plea of Mukesh, one of the convicts in the 2012 Nirbhaya case.

The mercy plea was then forwarded to Lieutenant Governor, who has now sent it to Union Ministry of Home Affairs.

The convicts were sentenced to death for raping a 23-year-old woman in a moving bus in the national capital on the intervening night of December 16-17, 2012.

The victim, who was later given the name Nirbhaya, had succumbed to injuries at a hospital in Singapore where she had been airlifted for medical treatment.

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News Network
January 20,2020

New Delhi, Jan 20: Surging inflation and slowing growth are raising serious concerns about the future growth prospects of the economy and as a remedial measure the government should resolve supply-side hurdles and ensure more stringent governance norms, a report said on Monday.

According to the Dun and Bradstreet Economy forecast, even though the Index of Industrial Production (IIP) turned positive in November 2019, it is likely to remain subdued.

"Slowdown in consumption and investment along with high inflationary pressures, geopolitical issues and uncertainty over the recovery of the economic growth are likely to keep IIP subdued," the report noted.

Dun and Bradstreet expect IIP to remain around 1.5-2.0 percent during December 2019.

As per government data, industrial output grew 1.8 percent in November, turning positive after three months of contraction, on account of growth in the manufacturing sector.

On the price front, uneven rainfall along with floods in many states and geopolitical issues have led to a surge in headline inflation even as demand remains muted.

The Consumer Price Index (CPI) in December rose to about five-and-half year high of 7.35 percent from 5.54 percent in November, mainly driven by high vegetable prices.

"The sharp rise in inflation has constrained monetary policy stimulus while revenue shortfall has placed limits on the government expenditure," Dun & Bradstreet India Chief Economist Arun Singh said.

According to Singh, growth-supporting measures and deceleration in growth are likely to cause slippage in fiscal deficit target by a wider margin.

"The government should focus on taking small steps to address the slowdown; in particular, resolve the supply-side hurdles and ensure more stringent governance norms," Singh said.

Unless these concerns are addressed through a comprehensive policy framework, it will not be easy for India to clock a sustainable growth rate to become a USD 5 trillion economy, he added.

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