Back off, angry govt tells Obama

July 17, 2012
angry_obama

New Delhi, July 17: A day after US President Barack Obama's call for lifting of foreign investment curbs by India, the government on Monday shot back asking Washington not to meddle with the country's internal affairs and suggested that the world's largest economy should lead the fight against protectionism. The statement came amid protests from the Opposition, which asked the government not succumb to US pressure.

"He (Obama) has every right to convey what his perceptions are but the policymaking is a sovereign decision and India's FDI policy regime is investor-friendly," commerce and industry minister Anand Sharma said at a press conference while referring to various reports to argue that India remained one of the most attractive investment destinations.

"...by all indications it is the regime, the climate that we have created in India through various policy measures, reforms, simplification, rationalization. We have followed a calibrated approach in following the path of economic reforms," the minister said.

By evening the Prime Minister's Office too got into the act and pulled out a recent Unctad report to make the same points that Sharma had made earlier on Monday. "India is the third most desirable destination for Foreign Direct Investment (FDI)- UNCTAD World Investmnent (sic) Report 2012," the PMO tweeted. It then went on to say that China and India saw inflows rise 8% and 31%, respectively.

Interestingly, when the UNCTAD report was released earlier this month, it went largely unnoticed with only corporate affairs minister Veerappa Moily talking about it.

In an interview, Obama had said that that India prohibits foreign investment in too many sectors such as retail and endorsed another wave of economic reforms. "It is still too hard to invest in India. In too many sectors, such as retail, India limits or prohibits the foreign investment...which is necessary for India to continue to grow," he had said.

Interestingly, in contrast to government's angry retaliation, Congress came up with a stoic response, advising all "not to get hot under collar".

The BJP reacted strongly with former finance minister Yashwant Sinha describing it as irresponsible and said the country did not need his advice on the investment climate or FDI in multi-brand retail. "If we have a problem it will be sorted out among ourselves. As far as FDI in multi-brand retail is concerned, his advice is completely unsolicited. He has not strengthened the cause by making such remarks," he said.

On its part, CPM termed the US president's statement as "a brazen attempt" to pressurize the UPA government. Asking the government not to succumb to this "pressure", the CPI(M) politburo said the party "objects to the remarks made by Obama that India open the doors to Wal-Mart for retail trade and other American investments in India."

The government, which has been pushing for allowing retail chains to set up multi-brand stores in the country, did not comment on it but asked the US to focus on removing barriers to trade such as a hike in visa fees.

"We would rather urge the US to demonstrate leadership in bringing down barriers, encouraging capital flows and trade in the world which is good for every economy. The US should be leading the fight against protectionism and taking forward the stalled Doha Development Round of the WTO to a meaningful conclusion," Sharma added.

Congress said there was "no need to get hot under the collar" over Obama's remarks on "deteriorating" investment climate in India, contending that a mature democracy should take the observations in its stride and move on.

"I think the one thing the world understood in the past 62 years is that whatever decision India takes ...it takes in its own enlightened national interest," party spokesman Manish Tewari told reporters.

He said there was "no need to get hot under the collar" if certain statements are made by certain distinguished people or even if comments are made by certain newspapers and magazines.

"If at all there is any need to clarify, those clarifications have been given.....and I think as a matured democracy we should factor these observations in our stride and move on", Tewari added.


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Agencies
January 24,2020

Indore, Jan 24: Around 80 Muslim leaders of the BJP in Madhya Pradesh on Friday resigned from the primary membership of the party in protest over the Citizenship (Amendment) Act, calling it a "divisive" measure.

One of the leaders, Rajik Qureshi Farshiwala, said around 80 Muslim partymen have resigned from the BJP's primary membership after writing to the newly-appointed national president, J P Nadda, on Thursday.

These leaders, who dubbed the CAA "a divisive provision made on religious grounds", include several office- bearers of the BJP's minority cell, he said.

"It was becoming increasingly difficult for us to participate in our community's events after the CAA came into existence (in December 2019).

"At these events, people used to curse us and ask us how long we plan to keep quiet on a divisive law like the CAA?" he said.

"Persecuted refugees of any community should get Indian citizenship. You cannot decide that a particular person is an intruder or a terrorist merely on the basis of religion," Farshiwala added.

In their letter, the Muslim leaders stated, "Citizens have right to equality under Article 14 of the Indian Constitution. But the BJP-led Central Government is implementing the CAA on religious grounds.

"This is an act of dividing the country and against the basic spirit of the Constitution."

Some of the leaders who have resigned are considered close to BJP general secretary Kailash Vijayvargiya.

When asked about the development, Vijayvargiya on Thursday evening said, "I am not aware of the matter. But we will explain (about the CAA) if a person is being misled."

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News Network
May 20,2020

Kolkata, May 20: Cyclone 'Amphan' lay centred about 240 km south of Digha in West Bengal on Wednesday morning as an extremely severe cyclonic storm, the Met department said here.

The intensity near the centre of the storm was 170 to 180 kmph gusting to 200 kmph, the Met said.

'Amphan' is very likely to move north-northeastwards and cross West Bengal-Bangladesh coast between Digha and Hatiya, close to the Sunderbans during the afternoon to evening of Wednesday with a wind speed of 155 to 165 kmph gusting to 185 kmph as a 'very severe cyclonic storm', the Met department said.

West Bengal has evacuated more than three lakh people to safer places as the cyclonic storm 'Amphan' roared towards the coastal areas of the state, officials said.

The Met department, which has issued an "orange message" for West Bengal, warned of extensive damage in Kolkata, Hooghly, Howrah, South and North 24 Parganas and East Midnapore districts.

The Met department has advised that all establishments and markets remain closed in Kolkata and adjoining areas and movement of people be restricted on May 20.

There is likely to be disruption of rail and road link at several places, uprooting of communication and power poles, extensive damage to all types of 'kutcha' houses and some damage to "old badly managed pucca" structures and potential threat from flying objects, the weatherman warned.

There is also likelihood of extensive damage to standing crops, plantations and orchards and blowing down of palm and coconut trees, the Met said.

The weatherman has advised diversion or suspension of rail and road traffic in the districts which are likely to be affected.

The Eastern Railway (ER) has cancelled the departure of Howrah-New Delhi AC Special Express for Wednesday.

The departure of 02301 Howrah-New Delhi AC Special Express on Wednesday and 02302 New Delhi-Howrah AC Special Express on May 21 would remain cancelled, the ER said.

Wind speed along and off the coastal areas of West Bengal will reach 75 to 85 kmph with gusts up to 95 kmph from Wednesday morning along and off districts of North and South 24 Parganas, East and West Midnapore, Kolkata, Howrah and Hooghly, Regional Met director G K Das said.

"It will gradually increase thereafter becoming 110 to 120 kmph gusting to 130 kmph over West Midnapore, Howrah, Hooghly, Kolkata and wind speed of 155 to 165 kmph gusting to 185 kmph over the districts of North and South 24 Parganas and East Midnapore of West Bengal from the afternoon to night of May 20," he said.

Under its impact rainfall will occur in most places over the districts of Gangetic West Bengal on Wednesday, with heavy to very heavy downpour with extremely heavy rain at a few places in Kolkata, Howrah, East Midnapore, North and South 24 Parganas and Hooghly districts, he said.

"Storm surge of 4 to 5 metres above astronomical tide is likely to inundate low lying areas of South and North 24 Parganas and about 3 to 4 metres over low lying areas of East Midnapore district of West Bengal during the time of landfall," he said.

The Indian Navy has dispatched a diving team for providing assistance to the West Bengal government in relief operations, a Defence official said.

The diving team from Vishakhapatnam has brought specialised equipment along with them which can be used for rescue in case of flooding and have been positioned at the Naval Service Selection Board at Diamond Harbour in South 24 Parganas district, the official said.

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News Network
May 10,2020

May 10: Delhi recorded five more deaths due to coronavirus, while 381 fresh cases of the virus were reported, the city government said on Sunday.

With the fresh cases, the virus tally in the national capital has climbed to 6,923.

Between midnight of May 8 and midnight of May 9, five fresh fatalities due to the virus were reported, taking the death toll to 73, the government said in its health bulletin.

While there are 4,781 active cases of the virus in the city, 2069 patients have so far recovered from COVID-19.

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