Li arrives; to hold talks with PM on boundary, water issues

May 19, 2013

li

New Delhi, May 19: Nearly 27 years after he made his last trip to India, Chinese Premier Li Keqiang arrived here today on his first overseas official visit and will hold talks with his Indian counterpart Manmohan Singh on all contentious issues, including the boundary dispute later this evening.

Li, accompanied by a senior-level delegation comprising government officials and businessmen, arrived around 3 PM and was received by Minister of State for External Affairs E Ahamed and senior ministry officials including Foreign Secretary Ranjan Mathai.

Shortly after his arrival on a three-day visit to India, which is his first overseas stop after assuming office in March, Li will be holding restricted talks with Singh, who will also host a dinner for the visiting dignitary at his official residence which will be attended by among others members of major political parties, including BJP and SP.

Ahead of his visit, Li had said the fond memories from the visit, which he made 27 years back, also made him choose India for his first overseas visit.

Recalling his visit to India over two-and-a-half decades ago, he said, "What I saw and felt during that trip, visiting the Taj Mahal and prestigious Indian universities, research institutes, and the warmth and hospitality of the Indian people, left a lasting impact on me."

"In a few days' time I will make India the first stop of my first overseas visit as a premier of China. I have made this decision not just because India is an important neighbour and one of the populous countries of the world but also because of the seeds of friendship sown during my own youth," he had said.

Asserting that India thinks "very highly" of Li's gesture of making the country his first overseas stop after assuming charge, Spokesperson in the Ministry of External Affairs Syed Akbaruddin said such high-level exchanges are aimed at enhancing trust and understanding as well "exhibit sensitivity" to each other's concerns.

Earlier:

Chinese premier to hold talks with PM on contentious issues

New Delhi, May 19: On his first overseas visit after assuming office, Chinese Premier Li Keqiang will arrive here today and will hold talks with Prime Minister Manmohan Singh on all contentious issues, including the boundary dispute.

Shortly after his arrival, Li will be holding restricted talks with Singh, who will also host a dinner for the visiting dignitary at his official residence which will be attended among others by members of major political parties, including BJP and SP.

Asserting that India thinks "very highly" of Li's gesture of making the country his first overseas stop after assuming charge, Spokesperson in the Ministry of External Affairs Syed Akbaruddin said such high-level exchanges are aimed at enhancing trust and understanding as well as "exhibiting sensitivity" towards each other's concerns.

Giving details of Li's programme, he said the Chinese Premier, who will arrive in the afternoon, will hold restricted meeting with Singh followed by dinner.

Tomorrow, the two leaders, accompanied by high-level delegations, will hold comprehensive talks on key international, regional and bilateral issues.

On the specific issues to be discussed between the leaders of the two countries, which

are witnessing differences on various crucial matters including boundary, water and on market access under economic ties, JS (East Asia) Gautam Bambawale said, "Everything is on the table."

"The two Prime Ministers would talk about these subjects. Since it (incursion) being the recent occurrence (will be discussed)," Bambawale said.

Sources said the issue of breach of status quo in Ladakh region will also be discussed and India will press that the Special Representatives of India and China, who are scheduled to meet in next few months, take it up the matter in detail to avoid such occurrences in future.

India has been pressing for clarification and confirmation on LAC in the India-China border areas pending a final settlement.

Noting that in the agreements worked out in 1993 and 1996 there were clarifications on the differing perceptions on LAC and exchanges on it, the sources said somehow in later years, this went off the table from the Chinese side, probably because there was a sense that it may be taken as a default boundary.

"There is a need to revive this particular subject to prevent incidents of this nature. Clarifications we really seek are imperative and are required. (Otherwise) this (Depsang incursion) kind of incident could recur. This is something we would certainly flag," the sources said.

Asked if there was any progress made on the Chinese proposal on Border Defence Cooperation Agreement, to which India has also submitted a counter proposal, Bambawale said that these proposals were currently being discussed but refused to divulge further details.

On the economic front, Bambawale said India will continue to press for access to the Chinese market.

In 2012, bilateral trade was USD 66 billion, a decline over the USD 74 billion mark in 2011. The two countries have set a target of USD 100 billion by 2015 for bilateral trade.

India faces a growing trade deficit vis-a-vis China. By the end of 2011, India's trade deficit was USD 27 billion. According to Chinese trade figures released in January 2013, the figure had expanded to USD 29 billion by 2012.

Apart from trade, India is also the largest market for project exports from China. Currently, projects under execution are estimated at over USD 55 billion. As per Chinese figures, cumulative Chinese investments in India till December 2011 stood at USD 575.70 million while Indian investments in China were USD 441.70 million.

Another issue which is expected to be raised by India is its concern over the Chinese proposal to construct three more dams across the Brahmaputra river. India has been pressing China to have either a water commission or an inter- governmental dialogue to deal with water issues as under the current Expert Level Mechanism (ELM), the two countries only share hydrological information.

On his second-leg of journey,, officials said Li will attend a meeting with business leaders in Mumbai and visit Tata Consultancy Services facility.

The Chinese Premier will also meet family members of late Dwarkanath Shantaram Kotnis, an Indian physician dispatched to China to provide medical assistance during the Second Sino-Japanese War in 1938.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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Agencies
February 25,2020

Agra, Feb 25: The architectural grandeur of 17th century Taj Mahal and the story of its construction by Mughal Emperor Shah Jahan left US President Donald Trump "impressed" during his visit to the famed mausoleum, according to the guide who accompanied him.

Nitin Kumar, an Agra-based guide, said the first word the president said after laying his eyes on the marble marvel was "incredible".

He and First Lady Melania Trump visited on Monday the iconic Taj Mahal in Agra, the second stop on his little less than 36-hour-long trip of India, and marvelled at the Mughal-era mausoleum built as a monument of love.

After Dwight David Eisenhower (1959) and Bill Clinton (2000), he became the third US president to visit the architectural icon.

"I told them the story of the Taj Mahal, the construction, and the story behind it. President Trump got very emotional after knowing the story of Shah Jahan and his wife Mumtaz Mahal. How he was kept under house arrest by his own son Aurangzeb, and buried here at Taj, next to Mumtaz's grave, after his death," Kumar told reporters.

The couple was left speechless on the first sight of the monument, and showed interest when they were told about the history and architecture of the dome, and the design details, Kumar said.

"Melania Trump asked about the mud-pack treatment and was amazed when she got to know the details of the process," he said.

One of the most photographed sites in the world, it is always high on the itinerary of head of states visiting India.

The monument was built over a period of nearly 20 years by Shah Jahan in memory of his wife after her death in 1631.

"The Taj Mahal inspires awe, a timeless testament to the rich and diverse beauty of Indian Culture!' Thank You, India," the US President and First Lady jointly wrote in the visitors' book before signing it.

According to Mohammed Zafar, who lives close to Taj Mahal complex, Nitin has been conducting guided tours for many years. "He was selected for this VVIP visit," he said.

"Many people were taking selfies with him, after the end of the visit. So, many media persons interacted with him. He has got some instant fame of sorts," Zafar said.

Authorities at Archaeological Survey of India had "advanced the dates" for mud-pack treatment for the graves of Shah Jahan and Mumtaz Mahal at Taj Mahal in view of the US President Trump's visit to Taj, a senior official had earlier said.

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News Network
May 9,2020

May 9: Union Home Minister Amit Shah has said the West Bengal government is not allowing trains with migrant workers to reach the state that may further create hardship for the labourers.

In a letter to West Bengal Chief Minister Mamata Banerjee, Shah said not allowing trains to reach West Bengal is "injustice" to the migrant workers from the state.

Referring to the 'Shramik Special' trains being run by the central government to facilitate transport of migrant workers from different parts of the country to various destinations, the home minister said in the letter that the Centre has facilitated more than two lakh migrants workers to reach home.

Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services.

"But we are not getting expected support from the West Bengal. The state government of West Bengal is not allowing the trains reaching to West Bengal. This is injustice with West Bengal migrant labourers. This will create further hardship for them," Shah wrote.

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