I am making way for younger blood: Krishna

October 27, 2012

krishna

New Delhi, October 27: S M Krishna, who resigned as External Affairs Minister, on Saturday said it was “time up” for him to make way for younger blood and appeared to keep his options open on playing a role in Karnataka politics.

“...the flavour of the season is that youngsters must take over the reins of responsibility and I felt that it was time up for me to make way for younger blood to take over. I am glad that this initiative has been by and large appreciated,” he told reporters after meeting Prime Minister Manmohan Singh, a day after he quit the government.

Asked whether it was the Prime Minister or he himself who decided to step down as Union Minister, Mr. Krishna said, “The decision came from within. And my wife had a major role to play in the decision making.”

He also said that his decision to make way for younger blood does not denigrate the importance of experience.

“This in no way denigrates the importance of experience. I think experience is an important attribute. And particularly in pursuing the foreign relations with other countries there has to be patience and patience abundantly and also perseverance,” he said.

Asked about his statement that his resignation does not denigrate experience and whether he would play a role for the party in Karnataka where assembly elections are due next year, he said, “Well, I said youngsters should lead. And then we are there to support the youngsters in their efforts to forge ahead.”

To a suggestion that his stint in the MEA was short, the former Karnataka Chief Minister said his tenure was for a “respectable” period.

Mr. Krishna said he had also met Congress president Sonia Gandhi who appreciated his work as the External Affairs Minister. “She wanted me to continue in whatever I am going to do as member of Parliament,” he said.

On his tenure in the Ministry, he said there has been an all-round improvement in India’s relations both with its immediate neighbours and the immediate neighbourhood.

“Nobody can claim that all the issues have been resolved with our neighbours. But statesmanship lies in the fact that how well you manage those issues which seem to be confronting you all the time...whether it is in reference to China or Pakistan, I think the last three years has seen quite a bit of improvement in our relationship,” Mr. Krishna said.

He said New Delhi had issues with China on border front but it did not affect the overall relationship that India has pursued to have with Beijing.

“It is the same case with Pakistan. I think under the direction of the Prime Minister, we took up the initiative and I made two trips to Islamabad and my counterpart Hina Rabbani Khar came to Delhi. That certainly did help improve the relationship between our two countries,” he said.

He said Pakistan and China are two classic cases where Indian interests have always with theirs.

“But we have been able to manage with both the countries and today I can say with a sense of conviction that we have a manageable relationship with both the countries,” he said.

He said there are “so many” regrets on what he was unable to do as External Affairs Minister. “Foreign affairs is not two plus two...such easy deductions are not possible but one should keep working towards that.”

He said transparency is one issue on which he was a stickler to the irritation of his colleagues. He said transparency was an unstoppable trend in the light of whatever is happening around. “It is the only effective answer to those who criticise government.”

He said in the field of Haj and passports, the ministry have achieved a lot by doing a “remarkable” work.


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News Network
January 30,2020

Jan 30: BJP leader and West Bengal party head, Dilip Ghosh has yet again made a controversial statement. He said that one has to go to jail in order to gain respect or become a political leader.

"You will not be a leader if you don't go to jail, if Police don't take you, then you must go there yourself. If they don't give you any scope, you do something to go to jail, only then will people respect you. There is no place for soft people in politics," ANI quoted Ghosh as saying.

Earlier, Ghosh had triggered a controversy by saying that anti-CAA protestors in Assam and Uttar Pradesh were shot dead "like dogs", and similar punishment should be given to protestors in Bengal.

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News Network
May 14,2020

May 14: Customs officials on Wednesday intercepted China-bound consignments of raw material for masks, misdeclared as packing materials for pouches, in large quantities, a senior official said.

It has also seized multiple shipments containing 5.08 lakh masks, 57 litres of sanitiser and 952 PPE kits bound for the US, the UK and the UAE, the official said.

The export of such goods is prohibited by the government in the wake of the COVID-19 pandemic.

"On the basis of specific intelligence, 2,480 kg of raw material for masks was intercepted by air cargo export, Delhi Customs. The goods were misdeclared as packing materials for pouches and were being illegally attempted to be smuggled/ exported to China," he said. 

These goods are prohibited for export as per the latest guidelines issued by the Directorate General of Foreign trade (DGFT), he said, adding that investigation into the case is under progress.

In another catch, the air cargo officers intercepted multiple shipments containing 5.08 lakh masks, 57 litres of sanitiser in 950 bottles and 952 PPE kits at the courier terminal in New Delhi. These were attempted to be smuggled or exported out of the country, the official said.

"These goods are also prohibited for export," he added. 

These items were being illegally exported to the United States, United Kingdom and the United Arab Emirates. "No arrests have been made so far," the official said.

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Agencies
May 17,2020

New Delhi, May 17: Following the COVID-19-induced economic disruptions, up to 135 million jobs could be lost and 120 million people might be pushed back into poverty in India, all of which will have a hit on consumer income, spending and savings, says a report.

According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP).

"Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.

India's COVID-19 tally has crossed 90,000 and the nationwide death toll has touched nearly 2,800 so far.

The report titled "India: Surmounting the economic challenges posed by COVID-19: A 10-point programme to revive and power India's post-COVID economy" said the 'collateral damage' of the forecasted GDP slowdown, will be felt most acutely in employment, poverty alleviation, per-capita income and overall nominal GDP.

"Unemployment may rise to 35 per cent from 7.6 per cent resulting in 136 million jobs lost and a total of 174 million unemployed. Poverty alleviation will receive a set-back, significantly changing the fortunes of many, putting 120 million people into poverty and 40 million into abject poverty," the report said.

"India is headed towards a W-shaped economic recovery with a potential GDP contraction of 10.8 per cent in FY21. An opportunity loss of USD 1 trillion is staring India in its face," said Barnik Chitran Maitra, lead author of the report and Managing Partner & CEO of Arthur D Little, India and South Asia.

Maitra further said "for its USD 5 trillion vision, a radical economic approach is needed, centred on an immediate stimulus and structural reforms. The Prime Minister's visionary 'Atma Nirbhar Bharat Abhiyan' is a good start to this new approach."

The report lauded the steps taken by the government and the Reserve Bank of India, but said a far more assertive approach may be required given the magnitude of the adverse economic output.

The report suggested a 10-point programme to accelerate the recovery which include strengthening the 'safety net' significantly for the most vulnerable, enable survival of small and medium businesses, restarting the rural economy and providing targeted assistance to at-risk sectors.

It further said the government should launch "Make in India 2.0" to capture global opportunities, build 'Modern India', accelerate Digital India and Innovation, strengthen global investment corridors with the US, UAE, Saudi Arabia, Japan and the UK, debottleneck land and labour and transform banking and financial markets in a bid to secure a sustainable economic future for 1.3 billion Indians. 

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