President Pratibha Patil defends her foreign trips, says they were crucial for building ties

April 29, 2012

patil

On Board President's Special Aircraft, April 29: As she embarked on her last tour abroad as President, Pratibha Patil today dismissed criticism over a large number of foreign visits undertaken by her, insisting that they were not on her own volition but at the request of the government to promote India's relations.

"Government wanted me to visit two-three more countries, but it was not possible due to paucity of time," she told reporters accompanying her in her state visits to Seychelles and South Africa as part of "our efforts to further consolidate our ties with Africa...(which) occupies an important place in India's foreign policy".

Patil's term as President is ending on July 25. The President's refrain was that in an interdependent world, no country can remain in its own cocoon and it was necessary for countries to increase engagement with others.

Noting that India was elected as non-Permanent member of the UN Security Council with an "overwhelming majority", she said that for this it was "very necessary" to make new friends and promote ties with the old ones.

Asked as to how would she describe her 22 foreign visits so far, she remarked that they have been "very successful" in promoting India's growing image abroad and strengthen the country's ties with those nations which she visited.

Elaborating on the different kind of ties in a fast changing world, she said the relations between countries were no longer only political in nature, but have different aspects like economic, educational and cultural.

She said that in such a scenario, high-level visits help in strengthening and furthering ties.

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January 27,2020

New Delhi, Jan 27: The government on Monday issued the preliminary information memorandum for 100 per cent stake sale in national carrier Air India. As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low cost airline Air India Express and 50 per cent shareholding in joint venture AISATS, as per the bid document issued on Monday.

Management control of the airline would also be transferred to the successful bidder.

The government has set March 17 as the deadline for submitting the Expression of Interest (EoI).

EY is the transaction adviser for Air India disinvestment process.

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News Network
May 30,2020

Coronavirus lockdown in India has been extended till June 30 with more relaxations.

While the lockdown has been extended in containment zones, relaxations outside containment zones include reopening of religious places for public  from June 8. 

Hotels, restaurants and shopping malls also to open from June 8. Decision on opening educational institutions to be taken in July.
 

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News Network
March 16,2020

New Delhi, Mar 16: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.

The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date.

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

Finance Minister Nirmala Sitharaman had said in a March 6 press conference that the Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Officials said promoters of all the big companies who had taken large loans from the beleaguered bank which later turned bad are being summoned for questioning in the case to take investigation forward.

Ambani's statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, they said.

Kapoor, 62, is at present in ED custody after he was arrested by the central probe agency early this month.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.

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