Some countries still use terror as state policy instrument: PM

November 16, 2015

Antalya, Nov 16: Pressing for the need to delink terror from religion, Prime Minister Narendra Modi has said some countries still use terrorism as "an instrument of state policy" and the world must act against radicalisation without any political consideration.

madModi said terrorism is the main global challenge today and "from regions in conflict to the streets of distant cities, terrorism extracts a deadly price".

Speaking here at the G20 Summit, being held against the backdrop of deadly Paris attacks, the Prime Minister said, "Old structures of terrorism remain. There are countries that still use it as an instrument of state policy."

"The world must speak in one voice and act in unison against terrorism, without any political considerations. There should be no distinction between terrorist groups or discrimination between states.

"We must isolate those who support and sponsor terrorism; and, stand with those who share our values of humanism. We need to restructure the international legal framework to deal with the unique challenges of terrorism," he said.

He was making an intervention at G-20 Working Dinner last night on the issue of 'Global Challenges – Terrorism and Refugee Crisis'.

Modi said the world is seeing a changing character of terrorism with "global links, franchise relations, home-grown terrorism and use of cyber space for recruitment and propaganda".

While there is a new level of threat to pluralist and open societies, the territory of recruitment and the target of attacks are the same, and that is society, he added.
Modi said the global framework for security was defined for another era and for other security challenges and there was no comprehensive global strategy to combat terrorism.

"And, we tend to be selective in using the instruments that we have," he said and asked G20 leaders to adopt a Comprehensive Convention on International Terrorism "without any delay".

He also pressed for increased international cooperation in intelligence and counter-terrorism.
"We should strengthen efforts to prevent supply of arms to terrorists, disrupt terrorist movements, and curb and criminalise terror financing.

"We have to help each other secure our cyber space, and minimise use of the Internet and social media for terrorist activities," he added.

Modi also called for involving religious leaders, thinkers and opinion makers for a social movement against extremism, particularly addressed to the youth.

"This is needed most in countries where it is most prevalent. We need to delink terror and religion and work together to counter radicalisation.

"It is equally important to promote broader peace and stability in West Asia and Africa," he said while adding this was also required for addressing the current refugee crisis.

Stating that there were an estimated 60 million people in need of protection worldwide, Modi said the West Asian crisis has directed global attention to this acute humanitarian challenge.

"It also has wide-ranging impact in receiving countries. We thank the countries that have opened their borders and shelters. We also need a long-term approach and a stronger role for the United Nations in dealing with one of our greatest human challenges across the world," he added.

Modi raised the issue of terror on various occasions on the first day of the two-day G20 Summit yesterday.

Besides, he also held bilateral meetings on the sidelines, including with Australian Prime Minister Malcolm Turnbull.

The two Prime Ministers announced completion of procedures for the India Australia Civil Nuclear Agreement to bring the pact into force.

Modi also met Donald Tusk, President of the European Council, and Jean Claude Juncker, President of the European Commission, on the margins of G20 Summit, which ends today.

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News Network
March 16,2020

New Delhi, Mar 16: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.

The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date.

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

Finance Minister Nirmala Sitharaman had said in a March 6 press conference that the Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Officials said promoters of all the big companies who had taken large loans from the beleaguered bank which later turned bad are being summoned for questioning in the case to take investigation forward.

Ambani's statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, they said.

Kapoor, 62, is at present in ED custody after he was arrested by the central probe agency early this month.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.

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News Network
May 18,2020

May 18: Goldman Sachs expects India will experience its deepest recession ever after a poor run of data underscored the damaging economic impact of lockdowns in the world’s second-most populous nation.

Gross domestic product will contract by an annualized 45% in the second quarter from the prior three months, compared with Goldman’s previous forecast of a 20% slump. A stronger rebound of 20% is now seen for the third quarter, while projections for the fourth quarter and first of next year are unchanged at 14% and 6.5%.

Those estimates imply that real GDP will fall by 5% in the 2021 fiscal year, which would be deeper than any other recession India has ever experienced, Goldman economists Prachi Mishra and Andrew Tilton wrote in a note dated May 17.

India’s government has extended its nationwide lockdown until May 31, while further easing restrictions in certain sectors to boost economic activity, as coronavirus cases escalate across the country. The announcement followed Finance Minister Nirmala Sitharaman’s fifth briefing in as many days, in which she outlined details of the country’s $265 billion virus rescue package, which is equivalent to 10% of India’s GDP.

 “There have been a series of structural reform announcements across several sectors over the past few days,” the Goldman economists wrote. “These reforms are more medium-term in nature, and we, therefore, do not expect these to have an immediate impact on reviving growth. We will continue to monitor their implementation to gauge their effect on the medium-term outlook.”

Infections are surging across the South Asian nation of 1.3 billion people, with more than 91,300 infections, including 2,897 deaths as of Sunday, according to data from Johns Hopkins University.

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News Network
July 1,2020

Mumbai, Jul 1: Mumbai police on Wednesday imposed section 144 of CrPC prohibiting the movement of people in public places and gatherings, to prevent the spread of Covid-19, an official said.

The prohibitory order, issued by a senior police official, says restrictions on the movement of residents for non- essential work will remain in force till July 15.

The order prohibits "presence or movement of one or more persons in public places or gathering of any sort", the official said.

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