Obama arrives in India, PM Modi receives him

January 25, 2015

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New Delhi, Jan 25: US President Barack Obama today arrived here on a three-day visit during which both sides will seek to break the deadlock in operationalising the civil nuclear pact, firm up a defence cooperation agreement besides broadening ties in areas like trade and investment.

In a departure from protocol, Prime Minister Narendra Modi received Obama, who was accompanied by his wife Michelle and a high-level delegation, at the Palam airport. Modi and Obama hugged each other, reflecting their personal chemistry.

Obama will be the first US President to grace the Republic Day parade as the Chief Guest tomorrow.

He will hold extensive talks with Modi on a number of strategic issues including ways to break the impasse in implementation of the civil nuclear deal and enhancing defence and economic ties.

Both countries are working hard to have "excellent" outcomes from the visit of Obama.

The two countries will also deliberate on ways to boost trade and economic ties as well as the crucial issue of climate change.

Both countries are working hard to have "excellent" outcomes during the visit.

Officials said "progress has been made" on the nuclear issue and India was looking forward to "effectively" work with the US in the "extremely important" field.

The Indian liability law holds the suppliers directly liable in case of a nuclear accident while countries like France and the US have asked India to follow global norms under which the primary liability is with the operator.

Since all the nuclear power plants in the country are run by the government-owned Nuclear Power Corporation of India Ltd, following international norms will mean the government would have to pay the damages in case of an accident.

Earlier this week, American Ambassador Richard Verma had noted that bilateral trade had grown five fold to USD 100 billion in the past decade, and added that, "We believe there is no reason it can't grow another five-fold, to USD 500 billion by 2020."

Climate change issue is also expected to figure prominently in talks between Modi and Obama.

Both Obama and Modi are also likely to discuss issues relating to India's neighbourhood as well as global issues.

Curtailing his India-visit, Obama had decided to skip a trip to Agra to see iconic Taj Mahal to be able to fly directly from New Delhi to Saudi Arabia following the death of King Abdullah.

An unprecedented security arrangement, comprising Delhi Police and para-military forces, has been put in place in the city.

Snipers of Delhi Police and National Security Guards occupied all high-rise buildings on the routes which Obama will be travelling.

Central Delhi has turned into a virtual fortress with security agencies partly or completely shutting down nearly 71 buildings. Even bonafide citizens of this area, including MPs and officers of the Armed Forces, have been either issued special passes or have to establish their identities to enter the zone.

A joint team of the US Secret Services and sleuths of central security agencies were monitoring specially established control rooms which are connected to freshly installed CCTVs for the VVIP.

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Barack Obama arrives in India: 6 top points

Obama arrives

New Delhi, Jan 25: U.S. President Barack Obama arrives in India on Sunday for the second time, to build on what he calls one of the defining relationships of the 21st Century. Following are some key areas likely to be discussed during his visit:

Strategic Importance

India’s size, location, fast-growing economy and potential as a democratic counterbalance to China makes the South Asian nation an increasingly important element of U.S. military and commercial strategy. Prime Minister Narendra Modi’s assertiveness in the region has already aligned India more with Washington, but they do not see eye-to-eye on Pakistan, and India is worried about the exit of U.S. troops from Afghanistan. India wants greater cooperation on terrorism and access to high-technology goods for civilian and military use.

Defence

The United States overtook Russia as the biggest weapons supplier to India, the Indian government said in August. India is the world’s biggest weapons importer. U.S. officials confidently predict deals will be unveiled on the trip, including possibly joint production of Raven drones and systems for Lockheed’s C-130 transport planes. Standing in the way of closer ties are Indian curbs on foreign companies owning majority stakes in defence companies and U.S. curbs on exporting certain technologies.

Civil Nuclear

U.S. and Indian officials are trying to unblock billions of dollars of potential trade in nuclear energy, but it’s not clear if an agreement can be reached in time for Obama’s visit. The two sides signed a landmark civilian nuclear deal in 2008. Holding up the trade is India’s reluctance to pass legislation shielding suppliers from liability in the event of a nuclear accident, a deviation from international norms.

Climate Change

The United States and India are expected to announce efforts to work together to combat climate change ahead of key global talks in Paris later this year. India, the world’s third largest carbon emitter, is reluctant to follow the United States and China in committing to a peak year for emissions on the grounds it needs economic growth to alleviate poverty. Instead, India is likely to trumpet its plans for a rapid expansion of renewable energy, for which it needs U.S. investment and technology, and improving energy efficiency.

Renewable Energy

India wants U.S. companies to help lead investments of $100 billion in renewable energy. Modi promised to help renewable energy companies overcome entry to the Indian market during his trip to Washington last year. A barrier to investment is a requirement that foreign companies make much of the equipment within India, which business leaders say will push up costs.

Economic Ties

Modi and Obama last year targeted a five-fold increase in annual trade to $500 billion. But U.S. business leaders have been frustrated by limits on their access to the Indian market, and battles over intellectual property protection. India and the United States have also filed several cases against each other at the World Trade Organisation over protection of their domestic steel, poultry and solar industries. India is trying to shed an image of arbitrary taxation on foreign companies and may be close to a bilateral tax deal with Washington.

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News Network
March 30,2020

Thiruvananthapuram, Mar 30: Kerala reported 32

fresh cases of coronavirus on Monday, with the worst affected Kasaragod district alone accounting for 17 cases.

Kannur reported 15 cases, while Wayanad and Idukki reported two each, Chief Minister Pinarayi Vijayan told reporters here after a COVID-19 review meeting.

Of the 32 cases, 17 had come from abroad and 15 had been infected through contact.

A total of 213 people are presently under treatment in Kerala.

At least 1.50 lakh people are under surveillance in the state and 623 are in isolation wards of various hospitals.

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News Network
May 29,2020

New Delhi, May 29: More than 38,000 doctors, including those retired from the Armed Forces Medical Services, have volunteered to help the government in its fight against COVID-19 pandemic, a senior official said on Friday.

On March 25, the government had made an appeal to doctors, including the retired ones, to come forward and join the efforts to fight the pandemic.

"38,162 volunteer doctors, including retired government, Armed Forces Medical Services, public sector undertaking or private doctors have signed up with the government to battle COVID-19 pandemic," the official said.

The official further said Niti Aayog has sent a list of names of these doctors to Ministry of Health and Family Welfare and National Disaster Management Authority (NDMA).

In a statement posted on Niti Aayog's website on March 25, the government had said those who wish to contribute to this noble mission may register themselves through a link provided on the Aayog's website.

"The Government of India requests for volunteer doctors who are fit and willing to be available for providing their services in the public health facilities and the training hospitals in the near future.

"We appeal to such doctors to come forward at this hour of need. You could also be a retired government, Armed Forces Medical Services, public sector undertaking or a private doctor," the statement had said.

It had noted that in case the outbreak leads to a high number of infected individuals, India's public health facilities will face tremendous load to take care of a large number of patients.

Many countries, including the US, Italy, the UK and Vietnam, had also urged retired health workers to come back to work amid the pandemic.

The number of COVID-19 cases in India has climbed to 1,65,799, making it the world's ninth worst-hit country by the coronavirus pandemic.

The Health Ministry on Friday said the death toll due to COVID-19 rose to 4,706 in the country.

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News Network
April 28,2020

New Delhi, Apr 28: Outstanding loans amounting to Rs 68,607 crore of top 50 wilful bank loan defaulters in the country including firms of Mehul Choksi and Vijay Mallya have been technically written off till September 30, 2019, the Reserve Bank of India said in a RTI reply.

Absconding dimantaire Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of Rs 5,492 crore, according to the list.

This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore.

Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies.

Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

Forever Precious Jewellery and Diamonds Private Limited has loans of Rs 1,962 crore written off while Deccan Chronicle Holdings Limited have Rs 1915 crore written off loans.

Choksi's other firms Gili India and Nakshatra Brands also have loans of Rs 1,447 and Rs 1109 crore respectively written off.

REI Agro of Jhunjhunwala brothers is already under the scanner of ED. The CBI and ED are also probing alleged fraud by the owners of Winsome Diamonds.

Vikram Kothari's Rotomac is the fourth in the list. He and his son Rahul Kothari were arrested by the CBI for bank loan default.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

"The information on top 50 wilful defaulters and their sum of funded amount outstanding and amount technically/prudentially written off as on September 30, 2019 reported in CRILC by banks, is provided," the RBI said in its written response dated April 24.

In his application, RTI activist Saket Gokhale had sought the list of defaulters as on February 16, but the RBI said the requested information is not available.

The RBI said that according to section 8 (1)(a) of RTI Act 2005 read with para 77 of Supreme Court judgement of December 16, 2015 in Jayantilal N Mistry case, information on overseas borrowers is exempted from public disclosure.

"Data is as reported by banks and RBI will not be held responsibly or accountable for any misreporting and/or incorrect reporting by the reporting entities," the RBI said in the written reply to the RTI query.

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