Aligned on non-proliferation but energy ties guided by national interests, PM tells Hillary

May 8, 2012
Hill_IndraNew Delhi, May 8: Prime Minister Manmohan Singh on Monday told U.S. Secretary of State Hillary Clinton that India was aligned with the international community on checking the spread of nuclear weapons but would be guided by its national interests on securing its energy supplies.

India's stand on non-proliferation and approach to importing oil was reiterated during an 80-minute unstructured meeting between Ms. Clinton and Dr. Singh that was described by informed sources as “cordial'' during which “a lot of issues were discussed.''

The meeting preceded an address by Ms. Clinton in Kolkata where she dwelt on specific U.S. expectations from India in dealing with the Iranian nuclear issue. “The reason why India, China and Japan and European countries are being asked to lower their supplies is to keep the pressure on Iran,” she said while commending Japan for doing so despite last year's tsunami and a shutdown of its nuclear programme.

But during her interaction with Dr. Singh, Ms. Clinton dwelt on the “broader regional and global implications'' if the U.S. pressure through sanctions on Iran did not force it to completely open up its nuclear programme for inspections. The Indian delegation was in a listening mode while Ms. Clinton spoke of attempts by the P5 + 1 grouping to engage with Iran and apprehensions among the neighbours about its recalcitrant behaviour.

The meeting did not see Ms. Clinton seeking a further reduction in Indian purchase of Iranian oil and this task is likely to be entrusted to U.S. Special Envoy for global energy issues Carlos Pasqat, who will visit Delhi later this month during a swing through the region to convince countries such as India that import a substantial quantity of oil from Iran.

The two leaders also discussed how both nations could contribute to sustaining Afghanistan after the 2014 withdrawal of western forces.

Ms. Clinton also told the Prime Minister about last week's U.S.-China strategic dialogue.

Under the bilateral rubric, India mentioned the seven indigenously designed nuclear plants it was putting up and reiterated its commitment to providing civil nuclear business to U.S. companies.

In Kolkata, Ms. Clinton expressed her reservations about the limited nuclear liability legislation: “We have made it clear that under the legislation that was passed it will be difficult for U.S. companies to participate because we have private companies that are in the market place whereas other nuclear companies are backed up by their governments.''

But according to officials privy to the meeting and who will be at delegation-level talks on Tuesday, Westinghouse is moving ahead with the project to set up six reactors in Gujarat and a team had visited the site. They intend going full steam ahead once legislation and rules relating to the liability on suppliers in case of an accident go through the no-objection process in Parliament.

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News Network
June 11,2020

New Delhi, Jun 11: The death toll due to COVID-19 rose to 8,102 and the number of cases climbed to 2,86,579 in the country after it registered the highest single-day spike of 357 fatalities and 9,996 cases till Thursday 8 AM, according to the Union Health Ministry data.

The number of recoveries remained more than the active novel coronavirus cases for the second consecutive day.

The number of active cases stands at 1,37,448 while 1,41,028 people have recovered and one patient has migrated to another country, as per the data.   

"Thus, around 49.21 per cent patients have recovered so far," an official said.

The total number of confirmed cases include foreigners.

Of the 357 new deaths reported till Thursday morning, 149 were in Maharashtra, 79 in Delhi, 34 in Gujarat, 20 in Uttar Pradesh, 19 in Tamil Nadu, 17 in West Bengal, eight in Telangana, seven each in Madhya Pradesh and Haryana, four in Rajasthan, three each in Jammu and Kashmir and Karnataka, two each in Kerala and Uttarakhand, one each in Andhra Pradesh, Bihar and Himachal Pradesh.

Out of the total 8,102 fatalities, Maharashtra tops the tally with 3,438 deaths followed by Gujarat with 1,347 deaths, Delhi with 984, Madhya Pradesh with 427, West Bengal with 432, Tamil Nadu with 326, Uttar Pradesh with 321, Rajasthan with 259 and Telangana with 156 deaths.

The death toll reached 78 in Andhra Pradesh, 69 in Karnataka and 55 in Punjab. Jammu and Kashmir has reported 51 fatalities due to the coronavirus disease, while 52 deaths have been reported from Haryana, 33 from Bihar, 18 from Kerala, 15 from Uttarakhand, nine from Odisha and eight from Jharkhand.

Chhattisgarh and Himachal Pradesh have registered six COVID-19 fatalities each, Chandigarh has five while Assam has recorded four deaths so far. Meghalaya, Tripura and Ladakh have reported one COVID-19 fatality each, according to the ministry's data.

More than 70 per cent of the deaths are due to comorbidities, the ministry's website stated.

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News Network
March 4,2020

New Delhi, Mar 4: The government on Wednesday permitted NRIs to own up to 100 per cent stake in disinvestment-bound Air India.

The decision comes at a time when the government is looking to sell 100 per cent stake sale in the national carrier.

Union minister Prakash Javadekar said the Cabinet has approved allowing Non-Residents Indians (NRIs) to hold up to 100 per cent stake in Air India.

Allowing 100 per cent investment by Non-Resident Indians (NRIs) in the carrier would also not be in violation of SOEC norms. NRI investments would be treated as domestic investments.

Under the Substantial Ownership and Effective Control (SOEC) framework, which is followed in the airline industry globally, a carrier that flies overseas from a particular country should be substantially owned by that country's government or its nationals.

Currently, NRIs can acquire only 49 per cent in Air India. Foreign Direct Investment (FDI) in the airline is also 49 per cent through the government approval route.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines.

In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

On January 27, the government came out witha Preliminary Information Memorandum (PIM) for Air India disinvestment. It has proposed selling 100 per cent stake in Air India along with budget airline Air India Express and the national carrier's 50 per cent stake in AISATS, an equal joint venture with Singapore Airlines.

Under the latest disinvestment plan, the successful bidder would have to take over only debt worth Rs 23,286.5 crore while the liabilities would be decided depending on current assets at the time of closing of the transaction.

This is the second attempt by the government in as many years to divest Air India, which has been in the red for long.

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News Network
March 5,2020

Mar 5: The Kerala government has given its nod to a proposal aimed at encouraging students aged between 18 and 25 years to take up part-time jobs while pursuing education so as to help them gain work experience and hone their skills.

The government has decided to accept the proposal as a policy decision at the Cabinet meeting held on Wednesday, an official press release said.

The aim is to ensure that in a fiscal, 90 days of work is assured for students in government departments, local body organisations, PSUs and private companies.

This will help in developing a work culture among students.

Honorariums will be given to students by the organisations employing them part-time, the release said.

Students aged between 18 and 25 years will be permitted to become part of the scheme which will help them to gain work experience and hone their skills, the release added.

In another decision, the government decided to release Rs 26 crore from the Chief Minister's disaster relief fund for providing compensation to farmers who suffered crop loss during the 2018 floods.

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