No question of ceding any part of Indian territory to China: Antony

September 6, 2013

AK_AntonyNew Delhi, Sep 6: Rubbishing reports that China has occupied Indian territory in Ladakh, defence minister A K Antony on Friday asserted that there is no question of ceding any part of the country and all steps are being taken to safeguard national security.

His statement in Lok Sabha came amidst attack by opposition BJP and UPA ally Samajwadi Party members, who said a high-level committee of the government had reported that China had occupied 640 sq km of Indian territory in Ladakh sector.

The members were not satisfied with Antony's statement and created uproar. While BJP members were on their feet, SP members trooped into the well, creating din which led Speaker Meira Kumar to adjourn the House for an hour.

Antony said National Security Advisory Board chairman Shyam Saran had visited Ladakh from August 2 to 9 and submitted a report on the border infrastructure there.

"I would like to categorically state that Saran has not stated in his report that China has occupied, or has denied access to India to any part of Indian territory. I would like to assure the House that there is no question of India ceding to China any part of Indian territory," Antony said.

He said the government has taken "all necessary measures to safeguard India's security and would continue to strengthen our capabilities in border areas to protect our national interest."

The report by Saran, Antony said, focuses on border infrastructure but also deals with several aspects relating to the region covering a broad spectrum of activities and requirements.

He said Saran's report also deals with requirement of air facilities in Ladakh region along with matters relating to land acquisition and environmental and wildlife clearances.

"The report reviews the progress in development of border infrastructure required to ensure connectivity between Ladakh and neighbouring areas. In this context, issues such as availability of

modern machinery for construction and maintenance and upgradation of roads, tunneling and alternate alignments," Antony said.

"Matters such as employment opportunities to local youth, tourism, mobile and internet connectivity, law and order, better equipment and facilities for ITBP, certain grievances of local people, among others have been covered in the report," he said.

Immediately after Antony read out the statement, SP members trooped into the well and BJP members were on their feet in protest, terming the contents as "incorrect".

The Speaker repeatedly told the agitated members that a discussion could be held if they gave proper notice. "I have to follow the rules and the rules say there will be no discussion."

In the din, BJP leader Yashwant Sinha and SP chief Mulayam Singh Yadav tried to say something but could not be heard. As the protests continued, Kumar adjourned the House for over an hour.

Earlier, Sinha while demanding a statement on the issue said, "This is a serious matter of national security. We had demanded that the defence minister make a statement on the Chinese incursions."

The SP chief also expressed concern over the issue and charged the government with being "coward" and "good for nothing".

"For last 14 years, I have been saying inside and outside Parliament that China will attack India. It had betrayed Jawaharlal Nehru and this shock had led to his death. You discuss the issue of border security and we will be satisfied and not raise economic and price rise issues," he said.

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News Network
January 15,2020

Jan 15: Amazon.com Inc Chief Executive Officer Jeff Bezos is facing a bitter welcome during his India visit this week as the country’s antitrust regulator initiated a formal investigation just hours before his arrival and trader bodies comprising millions of infuriated small store owners announced demonstrations.

Bezos is in New Delhi for the Smbhav summit, an Amazon India event for small and medium businesses. The billionaire is scheduled to conduct a fireside chat with Amazon India chief Amit Agarwal, anchoring an event that also features Infosys Ltd. co-founder Narayana Murthy and retail billionaire Kishore Biyani, who recently sold a stake in his retail group to Amazon. Ahead of the event, Bezos paid his respects at Mahatma Gandhi’s memorial, wearing a white tunic and a rust-colored Indian vest.

The small businesses that Amazon’s CEO is hoping to endear himself to, however, are organizing in opposition. The Confederation of All India Traders announced that members of its affiliate bodies across the country would stage sit-ins and public rallies in 300 cities to raise a war cry against the world’s largest online retailer. In a letter to Prime Minister Narendra Modi last week, the confederation’s Secretary General Praveen Khandelwal alleged that Amazon, much like Walmart Inc.-owned Flipkart, was an “economic terrorist” who engaged in predatory pricing that deprived the government of tax revenue and “compelled the closure of thousands of small traders.”

India’s e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia’s richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and Walmart directly. The latter’s Flipkart Online Services Pvt is also delving deeper into the countryside in its pursuit for more customers. Amazon, for its part, opened a huge office complex in the southern city of Hyderabad in September, underscoring its commitment to the country.

The Competition Commission of India said it would probe the deep discounts, preferential listings and exclusionary tactics that Amazon and Flipkart are alleged to have used as anti-competitive levers. India’s trade bodies have long argued that both retail giants were flouting rules by promoting sales and discounts through their favoured sellers, many of whom they have preexisting commercial arrangements. The regulator has ordered for the investigation to be completed within two months.

Bezos last visited India in 2014 under starkly different circumstances. During that trip, the Amazon founder wore local festive garb, rode atop a festooned truck for a photo opp and presented Amazon’s Indian unit with a giant check for $2 billion. Since then, Amazon has pledged a further $3.5 billion to expand in the country.

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Agencies
January 12,2020

Lucknow, Jan 12: The controversy over renowned Pakistani poet Faiz Ahmad Faiz's iconic poem 'Hum dekhenge' may have caused an upheaval in the literary world but it has also helped in resurrecting the famous poet for the young generations.

Students and young professionals are making a beeline for books on Faiz, his biography and his poems and book sellers are ordering supplies of Faiz books.

"Earlier, we sold hardly one book in a month or on Faiz but after the controversy, people are curious to know more about the poet and his poems. We have placed orders for the entire literary range on Faiz Ahmad Faiz," said a leading book seller in Hazratganj in Lucknow.

The bookseller said that the highest demand was for books written in Devnagri script.

"Not many in the young generation can read or write Urdu so they prefer Devnagri," the book seller said.

In Kanpur, most of the leading bookshops have already run out of stocks and book stalls in the ongoing Handloom Expo are drawing huge crowds for Faiz books.

Suchita Srivastava, B.Ed student in Kanpur said, "I have never been fond of Urdu poetry because I do not understand much of the language but after the controversy, I want to read poems of Faiz to understand what he wanted to say. I am taking help of Google to understand difficult words in Urdu."

Krishna Rao, another student at the Chandra Shekhar Azad University of Agriculture and Technology, said that since books on Faiz had been sold out, he had ordered a Kindle edition and was reading them.

"Reading his poems actually widens one's perspective of things and becomes even more precious if you take into account the time and context in which they were written," he said.

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Agencies
March 12,2020

Mumbai, Mar 12: In what appears to be the worst trading session in the Indian stock markets, the benchmark BSE Sensex crashed over 2900 points to end below the 33,000-mark.

The Sensex crashed 2,919.26 points to end at 32,778.14. So far it has touched an intra-day low of 32,530.05 points.

The Nifty50 on the National Stock Exchange also lost nearly 850 points so far. It plunged 868.25 points to 9,590.15.

The plunge was in line with the global markets as all Asian indices also traded in the red after the World Health Organization (WHO) declared coronavirus a global pandemic following which the Dow Jones Industrial Average also slumped significantly on Wednesday.

The bear run in both the global and domestic markets has continued off late on concerns of the coronavirus outbreak severely impacting the global economy. It has also raised calls for government intervention and support.

Central banks in several countries, including the US Federal Reserve have announced emergency rate cuts to boost sentiments. However, the concerns have only deepened in the past few days as the number of COVID-19 cases across the world has increased.

Further, following the rout in the global markets oil prices also fell on Thursday with the Brent crude trading around $34 per barrel.

The Indian rupee also felt the pressure and touched a 17-month low of 74.34 per dollar in its initial trade.

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