Manmohan Singh explains to Hillary Clinton India’s need to engage Iran for its energy security

May 8, 2012

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New DelhI/Kolkata, May 8: India wants Iran to fulfill international obligations with regard to its nuclear programme, but New Delhi cannot lose sight of its energy security needs, Prime Minister Manmohan Singh told US secretary of state Hillary Clinton during a wide-ranging discussion here on Monday.

Iran was an important aspect of Hillary's meeting with Singh on Monday evening as she made it clear that US expects India to "do more" and be part of the international effort to curb Iran's reported bid to acquire nuclear weapons by defying inspection regimes.

The PM is understood to have said that India shared concerns over proliferation but needed to work out its responses at a time when fuel prices are high and the global economic situation worrisome. In comments ahead of the meeting, Hillary said India's has more options on energy than it had earlier.

The meeting, according to official sources, did not hit a bump on Iran despite both leaders outlining their views and Singh dwelling on the need to engage Tehran. The discussion lasted around 80 minutes, about half an hour more than what was scheduled, as the leaders went over Pakistan, Afghanistan, China, trade, security and the Indo-US civil nuclear agreement.

While both sides committed to strengthen their strategic partnership, tangible outcomes may take a while to be fully evident with the relationship seen to be in need of fresh momentum despite substantial convergence of interests.

US is keen on India moving on some reforms like liberalizing FDI in retail, a detail expected to have figured during Hillary's meeting with West Bengal chief minister Mamata Banerjee in Kolkata earlier in the day where she spoke of making the state a partner in US investment.

The meeting with Banerjee was significant as the US looks at West Bengal with new eyes after the state was "off bounds" during Left rule. The attempt to size up the new dispensation saw Banerjee also using the occasion to claim that Bengal was now investor-friendly.

After Hillary's meeting with Singh, sources said "The full gamut of bilateral relations came up for discussion." On Iran, the PM is also believed to have laid out India's reasons to continue to engage the state. Hillary had already indicated earlier in the day that she would press India to further reduce oil imports from Iran, although she acknowledged reduction in some imports. She stressed Iran's nuclear ambitions would have an adverse effect on the region.

On the security front, Afghanistan, China and Pakistan figured prominently in the talks. But the PM used the opportunity to tell the top US official American investment in infrastructure while the leaders also had an elaborate discussion on the state of the global economy.

Earlier in Kolkata, contentious issues, including the Teesta water-sharing agreement with Bangladesh, were kept under wraps. "There were certain strategic issues that came up in course of discussion, but I cannot reveal them because of political compulsion," Banerjee said after Hillary left for Delhi.

"They (the US) spoke of making Bengal a partner state for investment here," the Bengal CM said. "For a long time, there was hardly US investment in Bengal due to political reasons. But, now the situation has changed and is congenial for investment," she added.

Banerjee welcomed private investment in sectors such as information technology, education, healthcare and deep sea ports. At an interactive session at La Martinere for Girls' before her meeting with Banerjee, Hillary was clear about what she wanted to discuss. "I intend talking about investment ... and the Teesta water agreement with chief minister Mamata Banerjee. But I would be primarily interested in her vision for Bengal and the east. I would like to know what she wants to achieve. I have come here with a belief that India can compete. But you understand that there are political compulsions. So, a few things might have to wait," Hillary added.

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News Network
January 1,2020

New Delhi, Jan 1: In the backdrop of huge losses borne by airlines, Aviation Minister Hardeep Singh Puri has said the government is concerned that more airlines will shut down if predatory pricing continues. "Some predatory pricing is taking place" in airfares, the minister told reporters on Tuesday. Mr Puri however ruled out any plan by the government to regulate airfares. The remarks come amid high competition in the country's aviation sector, struggling against high fuel prices and other operating costs.

"The interesting thing that we have observed is that on Delhi-Mumbai route 20 years ago, the average fare was Rs 5,100. Today, the average fare is Rs 4,600. Some predatory pricing is taking place. It means people are selling tickets below their cost," he said.

"One of our concerns is that if there is predatory pricing, then the airlines will stop functioning. This is not Air India's problem only. Jet Airways got shut down. Before that, it was Kingfisher airline," he said.

IndiGo and SpiceJet - two of the country's biggest airlines - reported losses of Rs 1,062 crore and Rs 463 crore respectively in the second quarter of 2019-20. Other airlines have also reported losses in the quarter that ended on September 30, 2019.

Asked if predatory pricing is the reason for the ill health of the airlines, the minister said, "No, there are many reasons... Predatory pricing is one of the factors. But the profitability of an airline is dependent on (a) number of things."

Asked if the trend of predatory pricing has come down after regular discussion with the airlines, he said, "Yes, absolutely."

"It is (a) constant battle. An ideal situation from an airline's point of view is that they grow and they are also able to charge more fares. What fares they charge is their business. Our advice to them is to charge realistic fares," he added. "It should not be too high. And it is not in your business interests if you are imposing predatory fares."

The minister also said that the government is not planning to regulate fares. "No regulation. It has to be done within deregulation system.... If I put a cap on fare, the airline will start charging that cap only... that cap will become the normal fare... So, within a deregulated structure, we have to bring about an equilibrium," the minister said.

"Government, periodically, at my level or at secretary''s level, we sit down with the main aircraft operators and tell them it is in your interest not to allow such practices which undermine the civil aviation sector."

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News Network
June 24,2020

New Delhi, Jun 24: In a stinging attack on the Gandhi family of the Congress, BJP president J P Nadda on Wednesday said a dynasty and its courtiers have "grand delusions" of the opposition being about itself and stated that a "rejected and ejected" family is not equal to the entire opposition.

In his tweets, Nadda said it was the time for unity and solidarity, and the "relaunch of the scion for the nth time can wait", an apparent dig at Rahul Gandhi, who has been aggressive in his attacks on Prime Minister Narendra Modi for his handling of the border row with China.

Nadda said India lost thousands of square kilometres of land due to the "misadventures of one dynasty" and claimed that the Siachen glacier, where the Indian Army has a strong presence, was almost gone. No wonder India has rejected them, he said.'

The BJP president posted a news report to back his assertions about Siachen.

"One 'royal' dynasty and their 'loyal' courtiers have grand delusions of the Opposition being about one dynasty. A dynast throws tantrums and his courtiers peddle that fake narrative. The latest one relates to the Opposition asking questions to the Government," Nadda said.

Though he did not directly name the Gandhi family or any of its members, the reference was clear.

He said it was the opposition's right to ask questions and added that the all-party meeting called by Prime Minister Narendra Modi saw healthy deliberations, with several opposition leaders giving their valuable inputs.

They also fully supported the Centre in determining the way ahead, Nadda said.

"One family was an exception. Any guesses who," he asked.

Targeting the Gandhis, the BJP president said, "One rejected and ejected dynasty is NOT equal to the entire Opposition. One dynasty's interests are not India's interests. Today, the nation is united and supportive of our armed forces. This is the time for unity and solidarity. Relaunch of 'the scion' for the nth time can wait."

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News Network
April 22,2020

Thiruvananthapuram, Apr 22: Eleven more people tested positive for COVID-19 in Kerala with totalpositive cases in the State touching 437on Wednesday.

Two house surgeonsof the Kozhikode Medical college are among those who have tested positive for the virus.

The two had travelled outside the state,Chief Minister Pinarayi Vijayan told reporters.

Kannur reported seven cases, Kozhikode two, while one case each was reported from the districts of Kottayam and Malappuram.

Only one person tested negative.

The state has 127 active cases and 29,000 people are under observation, including 346 in hospitals.

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