Need to teach lessons to the rogue: Parrikar on Pakistan

December 12, 2014

New Delhi, Dec 12: Even as India will try to use diplomatic steps to avoid a confrontation with Pakistan, one needs to teach lessons to "those who are rogue", Defence Minister Manohar Parrikar said Friday.Defence Minister Manohar Parrikar

Asked at the Aaj Tak-2014 conclave about the disturbances created by Pakistan along the border, he said India was not closing any options for "harsh measures".

"We are always prepared with counter measures. Eye for eye or 'eent ka jawab pathhar se' (befitting reply) appears to be an offensive statement. But ultimately, you have to teach a lesson to those who are rouge. "How do we do it is a part of strategy, and I won't reveal it here. But I am definitely not closing any ... harsh measures," Parrikar said. He, however, added that this was not the only option and India would also try diplomatic measures like exerting political and diplomatic pressure. "I know some people will say these have failed, have not yielded results, with a state like Pakistan where there is hardly any control by the political leadership. "These might have some meaning but I think there are some effective measures that can be preventive.

"There cannot be always defensive measures. We can have preventive measures. We need not wait for someone to attack," the minister said. Parrikar said the response from India had been strong and terrorists have been neutralised. "This year the number of neutralised terrorists is 102 compared to 66 last year. You can understand the level of engagements." He was asked about the risks of a nuclear conflict between India and Pakistan."Nuclear doctrine (advocates) restraint. I don't think any state can resort to it. A full-scale war can be linked to the nuclear aspect of it, but if there are places where you get terrorists across, there are people who do it. Those people will have to be pressurised," he said. "I am not talking about going across the border. Why not use the same people who attack us, as we say 'gun ka barrel ghuma do' (turn the barrel of the gun around)," he said.

The minister added that increasing the morale of the security forces and providing them better equipment was a priority. "The soldiers who neutralise terrorists at a height of 14,000 feet... Equip them properly. If we can give good boots to soldiers in Siachen, why not to these soldiers? "When they go on vacation after two years, are you aware there is not enough space to get them back in the aircraft available? "When you expect them to fight (at the border), their battle at home should be taken care of by the ministry," he said.

Observing that blacklisting was not the only solution, the Defence Minister said Italian defence multinational Finmeccanica, which was blacklisted, has so many subsidiaries and wondered was it viable not to buy arms from any one of them.

Expressing concern over death of army personnel in various accidents, Parrikar said he will not allow any carelessness.

"Give me sometime I will establish accountability. I cannot lose soldiers while loading the gun. Definitely no."

Asked whether the last 10 years were a lost decade in terms of modernisation of armed forces, he said, "It was a lost decade for defence forces but it was gain decade for many others."

On his predecessor A K Antony, Parrikar, who is an IIT graduate, said, "There is no solution only by remaining honest.

"I agree that Antony may have a clean image that does mean the reflection of cleanliness in the actual procurement.

"To remove dirt, you have to step into it," Parrikar said, adding he reads all the files and his engineering background at times helps him in understanding technical issues.

"I do not know how many ministers read files. I read files and raise many queries. I have been habitual reader. I can isolate the good part of it. I think once you have clean intentions or proper reasoning for all judgements, there can be no question of quality of the judgement," he added.

On implementation of the 'One Rank, One Pension' policy, Parrikar said an announcement will be made within next 4-8 weeks.

"I will not drag the issue for long. I will sort it out at the earliest. If I could take the satisfaction level (of the former armed personnel) to 80-90 per cent, that should be a good enough solution," he said.

'One Rank, One Pension' has been a long-standing demand of the over two million ex-servicemen of India. It seeks to ensure that a uniform pension is paid to the defence personnel retiring at the same rank with the same length of service, irrespective of their date of retirement.

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News Network
January 24,2020

Jan 24: India’s economy appears to be shaking off a slump, as activity in the services and manufacturing sectors expanded for a second straight month in December.

The needle on a gauge measuring so-called animal spirits signaled the economy may be taking a turn for the better, as five of the eight high-frequency indicators tracked by Bloomberg News came in stronger last month. The dial was last at the current position in August.

“Animal spirits” is a term coined by British economist John Maynard Keynes to refer to investors’ confidence in taking action, and the gauge uses the three-month weighted average to smooth out volatility in the single-month numbers.

The nascent recovery would need a helping hand, with expectations building that Finance Minister Nirmala Sitharaman will provide some stimulus when she presents the budget Feb. 1. Official forecasts show the economy is set to expand at 5% in the year ending March 2020 -- the weakest pace in more than a decade.

Here are the details of the dashboard:

Business Activity

The dominant services index rose to the highest level in five months in December as improving new work orders helped boost activity. The seasonally adjusted Markit India Services PMI index climbed to 53.3 from 52.7 in November, helping post a strong end to the calendar year.

India’s manufacturing PMI also rose -- to 52.7 from 51.2 a month ago -- boosted by the fastest increase in new orders since July. A reading above 50 means expansion while anything below that signals contraction.

The uptick in business confidence was accompanied by a rise in inflationary pressures, the survey showed. That trend may keep monetary policy makers from resuming interest-rate cuts anytime soon, leaving most of the heavy-lifting to boost growth with the government.

“The relative stability in macro indicators over the past two months suggests that the worst is behind, but the recovery is likely to be prolonged,” said Teresa John, an economist at Nirmal Bang Equities Pvt. in Mumbai. “Still, sluggish growth and rising inflation indicate that India may well remain in stagflation for most of 2020.”

Exports

Exports remained a laggard, falling 1.8% in December from a year ago. The drag was mainly because of a fall in export of engineering goods, which constitute a third of India’s non-oil exports.

Capital goods imports continued to contract and was lower by 16.5% year-on-year in December after a 22% drop in November. This was the seventh consecutive month of continuous decline, underscoring the weakness in the capex cycle, according to IDFC First Bank.

Consumer Activity

Weakness in demand for passenger vehicles persisted, with local sales falling 1.2% in December from a year ago, according to the Society of Indian Automobile Manufacturers. That capped the worst yearly passenger vehicle sales on record. A Nielsen study on demand for fast-moving consumer goods showed volume growth dropped to 3.5% in the last quarter of 2019 from 3.9% in the same period of 2018.

Funding conditions held out hope, showing considerable improvement in December, according to the Citi India Financial Conditions Index. Credit growth remained tardy though, with demand for loans rising at a slower 7.1% pace from a year ago compared with a nearly 8% growth in November.

Industrial Activity

Industrial output rose for the first time in four months in November. The pick up was broad-based, led by mining, manufacturing and electricity. Mining and manufacturing, in particular, posted a second month of sequential growth. Production of consumer goods also rose after a few months of contraction.

The index of eight core infrastructure industries, which feeds into the index of industrial production, however, declined 1.5% in November from a year ago -- the fourth straight month of contraction. That was on account of shrinking production of electricity, steel, coal, natural gas and crude oil. Both the core sector and industrial output numbers are reported with a one-month lag.

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News Network
March 23,2020

New Delhi, Mar 23: The central government has asked state governments to take strict action against violators of the coronavirus lockdown being enforced in 80 districts across the country.

An official statement released on Monday said there will be a total lockdown in 80 districts where coronavirus cases have been reported. The shutdown will end on March 31.

Delhi's borders will remain sealed during the lockdown, but essential services related to health, food, water and power supply will continue, and 25 per cent of the DTC buses will run to transport people associated with essential services.

Prime Minister Narendra Modi earlier on Monday appealed to state governments to ensure that rules and regulations of the coronavirus lockdown are enforced as he noted that many people were not taking the measure seriously.

"Many people are still not taking the lockdown seriously. Please save yourself, save your family, follow the instructions seriously. I request state governments to ensure rules and laws are followed," he said in a tweet in Hindi.

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Agencies
January 26,2020

Guwahati, Jan 26: Four powerful grenade explosions--three in Dibrugarh and one in Charaideo districts--rocked Assam Sunday morning as the country celebrated Republic Day, police said.

In Dibrugarh district, an explosion took place at Graham Bazar and another beside a gurudwara on A T Road, both under Dibrugarh police station.

Another explosion rocked the oil town of Duliajan whose details are still awaited, police said.

Another explosion rocked Teok Ghat under Sonari police station of Charaideo district, they said.

Senior officials have rushed to the explosion sites and details of casualty are awaited, police added.

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