PM embarks on 10-day tour to attend key summits

November 11, 2014

PM key summitsNew Delhi, Nov 11: Asserting that ASEAN is at the core of India's 'Act East' policy, Prime Minister Narendra Modi today headed to Myanmar to attend the Summit with the ten-nation grouping and the East Asia Summit.

Modi left by a special Air India plane for Nay Pyi Taw on the first leg of his 10-day, three-nation tour that will also take him to Australia, where he will attend the G-20 meet, and Fiji.

"ASEAN is at the core of our Act East Policy and at the centre of our dream of an Asian century, characterised by cooperation and integration," the Prime Minister said before his departure.

Modi said he was looking forward to discussing with ASEAN leaders how to take "our relationship to a new level, which will supplement our deepening bilateral ties with each member".

The Prime Minister will meet over 40 leaders from countries in Asia, Africa, Europe, North America, South America and Pacific Region during the India-ASEAN and East Asia summits on November 12-13 in Myanmar's capital Nay Pyi Taw, the G 20 Summit in Brisbane and the visit to Fiji Islands.

Noting that no other region in the world embodies so much dynamism or faces so many challenges as the region spanning the Indian Ocean, continental Asia and Pacific Ocean, he said the East Asia Summit has the potential to shape this region and the world's future.

"At the East Asia Summit, I look forward to discussing with ASEAN and seven global leaders how we can strengthen regional institutions, international norms and regional cooperation in pursuit of peace, stability and prosperity," the Prime Minister said in a statement.

On the sidelines of the international summits in Myanmar, Modi is slated to meet Russian Prime Minister Dmitry Medvedev, South Korean President Park Geun-hye and Singapore President Tony Tan, besides the host President Thein Sein.

The ASEAN members are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, Philippines and Vietnam, while the EAS members 10 ASEAN nations and Australia, China, Japan, New Zealand, South Korea, Russia and the US.

At the G-20 Summit, the Prime Minister said, highlighting the importance of international cooperation against black money would be a key issue.

He will also discuss with other leaders ways to accelerate the creation of next generation infrastructure, which also includes digital infrastructure, and ensure access to clean and affordable energy.

The Prime Minister noted that G-20 countries account for 85 per cent of the world's economic output and it is a key forum to coordinate activities and pursue collective action to support global economic growth and stability, stable financial markets and global trading regimes and employment generation.

Modi will also have bilateral talks with Australian Prime Minister Tony Abbott in Canberra after the G20 summit. He will be the first Indian Prime Minister to visit Australia in 28 years since Rajiv Gandhi in 1986.

"While we have much in common with Australia, our political, strategic and economic relations have been below potential," he said.

Pitching for closer strategic partnership with Australia, he said it will support India's economic goals, "promote our security interests, including maritime security, and reinforce our efforts to foster a climate of peace and stability in our extended continental and maritime neighbourhood."

The four-city, three-day visit from November 16 covers Melbourne and Sydney besides Melbourne and Canberra.

Referring to his day-long visit to Fiji on November 19, Modi said it will be his privilege to visit that country, with which India shares "historical and ethnic links', soon after the return of democracy in September this year.

"We also owe them a debt of gratitude for hosting our scientists on the island in support of our Mars Mission," Modi, who will be meeting leaders and representatives of 12 Pacific Island nations, said.

Modi will be the first Indian Prime Minister to visit Fiji after a gap of 33 years, the first being Indira Gandhi in 1981. He will have talks with Premier Frank Bainimarama.

Out of the 849,000 population in Fiji, 37 per cent people are of Indian origin. Many Indians arrived in Fiji as indentured labour in the 19th century.

He said said he was looking forward to a future of regular engagement and more robust cooperation with Fiji and other Pacific Island countries.

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News Network
May 22,2020

New Delhi, May 22: Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.

In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020.

Accordingly, the repayment schedule and all subsequent due dates, as also the tenor for such loans, were shifted across the board by three months.

As a result of this moratorium, individuals’ EMI repayments of loans taken were not deducted from their bank accounts, providing much-needed liquidity.

The EMI payments will restart only once the moratorium time period expires on August 31.

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News Network
March 10,2020

New Delhi, Mar 10: Minutes after Jyotiraditya Scindia submitted his resignation to the party membership to Congress chief Sonia Gandhi, the Congress expelled him for anti-party activities after reports emerged that he had met PM Modi and Amit Shah.

Disgruntled Congress leader Jyotiraditya Scindia met Prime Minister Narendra Modi on Tuesday amid indications that he might join hands with the BJP to topple the Madhya Pradesh government.

Sources said Scindia first met Union Home Minister Amit Shah, and then the two leaders met Modi at the prime minister's residence.

Legislators loyal to Scindia, who has been upset with the Congress leadership with his marginalisation in the affairs of the Madhya Pradesh Congress, are likely to quit the party to reduce the Kamal Nath-led government to a minority.

It is likely to be followed by the Bharatiya Janata Party staking claim to form the government in the state.

The Congress President has approved the expulsion of Jyotiraditya Scindia from the Indian National Congress with immediate effect for "anti-party activities," said KC Venugopal, General Secretary Congress.

No person is, nor will be greater than the party: Congress youth wing chief

Indian Youth Congress (IYC) chief Srinivas B V on Tuesday slammed Jyotiraditya Scindia, who has announced his resignation from the primary membership of the Congress, and thanked party chief Sonia Gandhi for expelling the former Guna MP "who was promoting anti-party activities and factionalism".

"The history of 1857 and 1967 was once again repeated," Srinivas B V said, referring to the 1857 Revolt against East India Company and the role of the Scindia royals back then as well as Vijayaraje Scindia's switch from the Congress to the Jana Sangh in 1967.

"I would like to thank Congress president Sonia Gandhiji for taking the strong steps to expel the leader who was promoting anti-party activities and factionalism," the IYC chief said.

"No person is, nor will be greater than the party," he added.

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News Network
July 17,2020

New Delhi, Jul 17: With the highest single-day spike of 34,956 cases, and 687 deaths, India's COVID-19 positive cases crossed the 10 lakh mark on Friday, according to the Union Ministry of Health and Family Welfare.

The total positive cases stand at 10,03,832 including 3,42,473 active cases, 6,35,757 cured/discharged/migrated and 25,602 deaths, according to the Ministry.

As per the Ministry, Maharashtra -- the worst-affected state from the infection -- has a total of 2,84,281 COVID-19 cases and 11,194 fatalities.

While Tamil Nadu has a tally of 1,56,369 cases and 2,236 deaths due to COVID-19.
Delhi has reported a total of 1,18,645 cases and 3,545 deaths due to COVID-19. 

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