India won't remain passive if attacked: Army chief

January 14, 2013

army_chiefNew Delhi, Jan 14: Terming as "unpardonable" the beheading of a soldier by Pakistan on the Line of Control, Army chief Gen Bikram Singh on Monday warned that India's military will retaliate aggressively in case of any further provocation.

Talking tough, he said the killing of two Indian soldiers on the LoC in Mendhar area of Jammu and Kashmir on January 6 was a pre-planned and pre-meditated action by Pakistani troops and India reserves the right to retaliate at "time and place of its choice".

Addressing a press conference here on the eve of Army Day, Gen Singh said India's response to Pakistani firing at its posts in LoC in J and K is measured and perfect.

He said the ceasefire, in place since November 2003, has been holding except for "some aberrations" for which he squarely blamed Pakistan.

"Beheading (of Lance Naik Hemraj) is unacceptable and unpardonable," the Army chief said about the incident in which Pakistan soldiers crossed into the Indian territory to attack Indian Army patrol party.

"It (the attack) was stage-managed and pre-planned (by Pakistan). They (Pakistan) have planted lies to justify what they have done," he said.

He said the attack was carried out by Pakistan army personnel but did not rule out the possibility of Lashkar-e-Taiba terrorists being associated with it.

Gen Singh said while the issue is being taken up with Pakistan at government and military levels, directions have been given to Army commanders to respond immediately if provoked.

"India reserves its right to retaliate at the time and place of its choice. We won't remain passive when attacked," he said, adding he expected "commanders to be aggressive and offensive."

Hitting out that the Pakistan army, Gen Singh said beheading is against all rules of engagement.

At the same time, he said there were some "tactical errors" on part of the local unit which will be looked into later as an inquiry at the moment will affect the morale of the forces.

"Our teams should be balanced to take on the onslaught of the enemy," the Army chief said.

Putting the onus of maintaining the ceasefire on Pakistan, the Army chief said India will uphold it as long as the "adversary" does.

He applauded the Indian Army Commanders at the LoC, saying they did a "great job". Gen Singh discounted the possibility of the skirmish leading to a full-fledged war and was dismissive of Pakistan's nuclear blackmail, saying it had no relation to the local conflict. "Indicators does not show upping the ante," he said.

On any response to the Pakistani action, he said it has to be the decision of the government.

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News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

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News Network
March 25,2020

New Delhi, Mar 25: The total number of positive coronavirus cases in India have climbed to 606, said Ministry of Health and Family Welfare on Wednesday.
The total number of active COVID-19 cases in the country so far stands at 553, while the number of people who have been cured or discharged stands at 42.
Ten people have died from the disease while one case has migrated, the Ministry further informed.
Meanwhile, Prime Minister Narendra Modi on Tuesday announced a 21-day lockdown in the entire country to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.
In a televised address to the nation, Prime Minister Modi said that it is vital to break the chain of the disease and experts have said that at least 21 days are needed for it.

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Agencies
May 12,2020

New Delhi, May 13: Prime Minister Narendra on Tuesday announced Rs 20 lakh crore special economic package for the country to be 'self-reliant' and deal with COVID-19.

"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore. This is 10 per cent of India's GDP," said Prime Minister Modi in his address to the nation. The Prime Minister said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.

"We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward," he said.

Talking about the gravity of the virus, Modi said: "It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them."

"Today when the entire world is in crisis, we will have to further firm our resolve," he added.

The Prime Minister on Monday held a video conference meeting with Chief Ministers of all states to discuss the road ahead in India's fight against COVID-19 and noted that he was of the firm view that measures needed during the third phase of lockdown will not be needed in the fourth phase.

Prime Minister Modi had said the need was to reduce the transmission rate of the disease and to increase public activity gradually while adhering to all the guidelines and efforts to be made towards achieving both these objectives.

The phase three of the lockdown is coming to an end on May 17.

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