Terrorism one of the foremost threats to global peace, says Sushma

Agencies
April 5, 2018

Baku, Apr 5: Terrorism is one of the foremost threats to international peace and security as it maims and kills "our citizens", and undermines the ability to attain development goals, External Affairs Minister Sushma Swaraj said on Thursday.

Addressing the 18th mid-term ministerial meeting of the Non-Aligned Movement (NAM) here, Sushma also pushed for reforms of the United Nations Security Council.

She said that no effort to reform the UN will be complete without reforms of the United Nations Security Council.

India had been strongly pushing for completing the long-pending reforms of the powerful Security Council.

Sushma said that terrorism is one of the foremost threats to international peace and security.

"It maims and kills our citizens and undermines our ability to attain our development goals.

"Unfortunately, the talks about combating terrorism have not been matched by our actions. The strengthening and implementation, without double standards of existing international laws and mechanisms to fight the menace of terrorism is an imperative," the minister said.

The meeting was chaired by Jorge Arreaza, Foreign Minister of the Bolivarian Republic of Venezuela.

In 1996, India proposed a Comprehensive Convention on International Terrorism (CCIT) as a way to strengthen the existing legal framework. Yet after more than two decades, discussions have made little progress even while terrorists continue to operate with greater impunity and inhumanity, the minister said.

"As a first step, let us renew our commitment to finalise the CCIT. NAM countries must galvanise the international community towards this goal," Sushma said.

At the last UN General Assembly High Level segment, a strong desire was voiced by the international community for change and reforms at the United Nations, she said.

"To date, the Inter-Governmental Negotiation process, has been carefully nurtured into a credible collective process for negotiation on this important subject.

"The time has come to move to the next phase and commence text-based negotiations a demand made by an overwhelming majority of UN members including most NAM members," she said.

"India's support to the Palestinian cause has been a reference point of our foreign policy. At this juncture, this would be a good way for NAM to manifest its solidarity with the Palestinian people," Sushma said.

At the recent meeting in Rome to deal with the financial crisis faced by the United Nations Relief and Works Agency (UNRWA), India decided to increase its contribution to the UNRWA budget from $1 million to $ 5 million, on a multiple year basis, in view of the dire financial crisis that this body now faces.

"The challenges we face today such as nuclear escalation, armed conflict, refugee flows, terrorism, poverty and worsening environmental degradation all require more effective multilateralism. The fundamental values and principles on which the Non Aligned Movement is based are, therefore, even more relevant today.

"In 2015, we adopted the Sustainable Development Goals (SDGs) to find solutions of the developmental challenges we face. We also promised that no one will be left behind. Genuine global partnerships have to be forged if the SDGs are to be achieved. Financing for Development is, therefore, of utmost importance to NAM countries," Sushma said.

Protecting the environment of the planet is a moral responsibility. Global action on the basis of the principle of common but differentiated responsibilities and respective capabilities is now an even greater imperative, she said.

India along with France launched the International Solar Alliance through which more than 60 countries have joined to promote greater use of solar energy, she said.

"Finding energy sources that are cost-effective, environmentally sustainable will be vital for achieving our SDGs, while ensuring that we protect mother Earth for future generations," Sushma said.

NAM has been a votary of universal, non-discriminatory and verifiable nuclear disarmament and of pursuit of that goal through multilateralism.

India remains committed to the shared goal of the global elimination of nuclear weapons, Sushma added.

Comments

Abdullah
 - 
Thursday, 5 Apr 2018

Modi & RSS Terrprists are the Threat to Indian peace.

Wellwisher
 - 
Thursday, 5 Apr 2018

Mr.Sushma you are correct,  Please  brief your opinion and knowledge about terroris.

1. What is th meaning of terrorism

2. To whom you will call a terrorist

3. What to call the groups, which always ignite communal clash and attacke one inncoents

Hope you will give a respectful  explanation.

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Agencies
March 8,2020

Mumbai, Mar 8: A day after the Enforcement Directorate registered a money laundering case against Yes Bank founder Rana Kapoor and raided his premises, he was taken to the agency's office in Mumbai on Saturday for further questioning.

Kapoor, who was grilled by central agency's officials on Friday night at his Samudra Mahal residence in Mumbai, was shifted to the ED office in the metropolis around 12.30 pm.

ED officials said Kapoor was questioned throughout the night, with some rest time.

A senior ED official connected with the probe told IANS: "Kapoor will be questioned about Yes Bank loans to Dewan Housing Finance Limited (DHFL)."

The official said that during searches a lot of incriminating documents were found and the agency wanted to grill him on his links with DHFL promoters and other companies.

Kapoor's alleged role in the disbursal of loan to a corporate entity and kickbacks reportedly received in his wife's bank account are also under probe.

The ED had filed the money laundering case against Kapoor and raided his residence, apart from issuing a look-out circular so that he does not flee the country.

The ED registered a money laundering case against Kapoor as a continuation of its probe against the DHFL wherein it was allegedly found that Rs 12,500 crore was diverted to 80 shell companies using one lakh fake borrowers. The transactions with these shell companies date back to 2015.

An ED official in New Delhi told IANS that the DHFL probe revealed that funds diverted by the DHFL originated from Yes Bank.

He said that the searches at Kapoor's residence on Friday night were meant to find out any irregularity in grant of loans to the DHFL by the Yes Bank.

The ED has accused Kapil and Dheeraj Wadhawan of DHFL of purchasing shares in five firms -- Faith Realtors, Marvel Township, Abe Realty, Poseidon Realty, and Random Realtors -- after which they were amalgamated with Sunblink.

The outstanding loans of these five firms, totalling around Rs 2,186 crore till July 2019, were allegedly appropriated onto the books of Sunblink to cover up the diversion of loans acquired from DHFL.

The ED's action comes after the RBI superseded Yes Bank Board for 30 days and appointed an administrator, putting a cap of Rs 50,000 on withdrawals by account holders for a month.

The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank".

Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank, which has over 1,000 branches and 1,800-plus ATMs across the country.

On Thursday, Union Finance Minister Nirmala Sitharaman said that the bank was on watch since 2017 and developments relating to it were monitored on a day-to-day basis.

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News Network
June 27,2020

New Delhi, Jun 27: Prime Minister Narendra Modi on Saturday said that India fared much better compared to some other countries in the fight against the COVID-19 pandemic. The PM made this observation while delivering the inaugural address to mark the 90th birth anniversary celebrations of Reverend Dr Joseph Mar Thoma Metropolitan.

"Earlier this year, some people had predicted that the impact of the virus in India would be very severe. Due to lockdown, many initiatives have been taken by the Government and in this people-driven fight, India is much better placed than many other nations. India's recovery rate is rising," Modi said in his virtual address.

He further warned that the time was not apt to "let our guard down".

The prime minister greeted the Mar Thoma Metropolitan and wished him a "long life and best health."

"Dr Joseph Mar Thoma has devoted his life for the betterment of our society and nation. He has been particularly passionate about the removal of poverty and women empowerment," the prime minister said.

Praising the Mar Thoma Church for its contributions to the country the Prime Minister added that it has worked to bring a positive difference in the lives of people in the country in areas of healthcare and education.

"The Mar Thoma Church is closely linked with the noble ideals of Saint Thomas, the Apostle of Lord Christ. India has always been open to spiritual influences from many sources. It is with this spirit of humility that the Mar Thoma Church has worked to bring a positive difference in the lives of our fellow Indians," Modi said.

Followers of the Mar Thoma Church from India and abroad participated in the programme through video conference.

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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