PM Modi arrives in B'desh; Hasina receives him at airport

June 6, 2015

Dhaka, Jun 6: Prime Minister Narendra Modi today arrived here to a red carpet welcome on his maiden visit which is expected to put ties with Bangladesh in a new trajectory, as the two sides will firm up a number of pacts to boost cooperation besides ratifying the long-pending Land Boundary Agreement.

Modi BdeshIn a special gesture, Modi was received at the Hazrat Shahjalal International Airport by Prime Minister Sheikh Hasina and a number of her Ministerial colleagues including Finance Minister AMA Muhith, Commerce Minister Tofail Ahmed and Agriculture Minister Moti Choudhury.

Prime Minister Modi was given a guard of honour at the airport.

Reflecting high expectations from the visit, the capital has been decked up with big hoardings carrying photographs of Modi besides life-size cutouts of him, West Bengal Chief Minister Mamata Banerjee and Hasina. Banerjee arrived here last night.

"Leaving for Bangladesh. This visit is going to strengthen the bond between our Nations, benefitting people of our countries & our region," Modi had tweeted ahead of his departure from New Delhi.

During his two-day visit, part of his policy to deepen engagement with India's immediate neighbourhood, Modi will hold wide-ranging talks with Hasina on the whole gamut of ties and ways to move forward further.

In Dhaka, the Prime Minister is expected to send a strong message to strengthen the hand of his Bangladesh counterpart who has been steadfastly helping India in curbing various Northeast militant groups who used to take refuge in that country besides coming down hard on radical Muslim outfits.

Ahead of the visit, Modi had lauded Hasina for playing an "important role" in making the bilateral ties "strong" and said, "I am certain my visit will be beneficial for the people of both our nations and in the larger good of the South Asian neighbourhood."

Bangladesh and India share a 4096-km-long border, most of which is porous, and both the countries are likely to try and find ways to enhance security cooperation, particularly to further contain northeast insurgent groups.

Ratification of the Land Boundary Agreement will be a major highlight of Modi's visit to Dhaka.

Earlier this month, Parliament had passed a historic constitution amendment bill seeking to settle India's 41-year-old border issue with Bangladesh. The bill paved way for operationalisation of the 1974 India-Bangladesh Land Boundary Agreement (LBA) that provides for exchange of 161 enclaves between the two countries.

Enhancing rail, road and water connectivity and boosting economic engagement will find priority and a number of pacts are likely to be signed in these areas. A pact to supply diesel to Bangladesh has also been finalised and would be inked.

Bangladesh is an important trading partner for India. The two-way trade in 2012-2013 was USD 5.34 billion with India's exports to Bangladesh accounting for USD 4.776 billion and imports USD 0.564 million.

Modi, Banerjee and Hasina will flag off bus service between Kolkata and Agartala via Dhaka and the Dhaka-Shillong-Guwahati bus service.

The two countries are keen to strengthen railway connectivity, particularly to revive railway links which were in existence prior to 1965. They are also set to sign a coastal shipping agreement to facilitate sailing of small vessels from India to various ports in Bangladesh which now go through Singapore.

India will also push for involvement of Indian companies in setting up of ports in that country.

The issue of Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicle Agreement is also likely to figure in the talks Modi will have with Hasina. India feels improving connectivity with Bangladesh will help linking the Northeastern region with Southeast Asia.

On the trade front, there will be efforts to spur Indian investment in Bangladesh and an enabling MoU may be signed to facilitate setting up of Special Economic Zones by Indian companies in that country.

India has already announced that the long-pending Teesta water-sharing pact with Bangladesh will not be signed during the visit. However, issues relating to sharing of other river waters and waterways was expected to figure in the talks.

The Teesta deal was set to be inked during the then Prime Minister Manmohan Singh's visit to Bangladesh in September 2011 but was postponed at the last minute due to objections by Banerjee, who had also dropped out of the Prime Ministerial delegation.

Teesta water is crucial for Bangladesh, especially in the leanest period from December to March when the water flow often temporarily comes down to less than 1,000 cusecs from 5,000 cusecs.

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News Network
January 14,2020

Chennai/New Delhi, Jan 14: India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy.

India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of growth since a 1% uptick seen in 2013. The power demand growth slowdown in 2013 was preceded by three strong years of consumption growth of 8% or more.

In December, the country's power demand fell 0.5% from the year-earlier period, representing the fifth straight month of decline, compared with a 4.3% fall in November.

But in India's western states of Maharashtra and Gujarat, two of India's most industrialised provinces, monthly demand increased.

In October, power demand had fallen 13.2% from a year earlier, its steepest monthly decline in more than 12 years, as a slowdown in Asia's third-largest economy deepened.

Industry accounts for more than two-fifths of India's annual electricity consumption, while homes account for nearly a fourth and agriculture more than a sixth.

The slower demand growth is a blow for many debt-laden power producers, who are facing financial stress and are owed over $11 billion by state-run distribution companies.

India's overall economic growth slowed to 4.5% in the July-September quarter, government data released in November showed, the weakest pace since 2013 as consumer demand and private investment fell.

The government has estimated growth in the current financial year that runs through to March will be the slowest since the 2008 global crisis.

"This reflects overall economic slowdown, because if you look at other high frequency data like diesel consumption, everywhere you are seeing contraction," Rupa Rege Nitsure, chief economist at L&T Financial Holdings.

But India's central bank will not have much scope to cut rates to stimulate the economy because inflation has been rising sharply and reached 7.35% in December compared with 1.97% in January last year.

Economists say India's growth will continue to hover around 4.5% levels in the Oct-Dec quarter.

"In the Oct-Dec quarter as well growth (GDP) will be around the same level as July-September. My estimate for the full year is around 4.7% growth," Nitsure said.

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News Network
June 11,2020

New Delhi, Jun 11: Union Minister Kiren Rijiju on Thursday said the religious and constitutional rights of minorities are absolutely safe in India and it does not need any certificate from anyone as communal harmony and tolerance are in the DNA of the country and its majority community.

Comments of Rijiju, a Buddhist, came after a top Trump administration official has said that the US is very concerned about what is happening in India in terms of religious freedom.

"India doesn't need certificate on communal harmony and tolerance which is in the DNA of India and the majority community in India," Rijiju, who holds the charge of the Union minister of state for minority affairs besides being the union sports minister, said in a statement.

Rijiju said the social, religious and constitutional rights of minorities are absolutely safe in the country.

"A few politically intolerant people are trying to create an atmosphere of fear and intolerance. As a member of the minority community, I feel India is the best country in the world for the minorities," he said.

Samuel Brownback, the US Ambassador-at-Large for International Religious Freedom, said on Wednesday that India has been a country area that spawned four major religions itself.

"We do remain very concerned about what's taking place in India. It's historically just been a very tolerant, respectful country of religions, of all religions," he said.

The trendlines have been troubling in India because it is such a religious subcontinent and seeing a lot more communal violence, Brownback said.

His comments came after the release of the '2019 International Religious Freedom Report'.

Mandated by the US Congress, the report documenting major instances of the violation of religious freedom across the world was released by Secretary of State Mike Pompeo at the State Department.

India has previously rejected the US religious freedom report, saying it sees no locus standi for a foreign government to pronounce on the state of its citizens' constitutionally protected rights.

"India is proud of its secular credentials, its status as the largest democracy and a pluralistic society with a longstanding commitment to tolerance and inclusion", the government had said earlier.

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Agencies
May 25,2020

New Delhi, May 25: Union Home Minister Amit Shah on Monday extended his greetings on the occasion of Eid-ul-Fitr and wished that the festival will bring peace and happiness to all.

"Extend my warm greetings on the occasion of Eid-ul-Fitr. May this festival bring peace and happiness in everyone's life," Shah tweeted.

Eid-ul-Fitr is being celebrated across the country on Monday.

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