Modi in Thimphu: Honoured to have a friend like Bhutan

Agencies
August 18, 2019

Aug 18: India’s ‘Neighbourhood First’ policy was evident on Saturday with Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering holding wide-ranging talks in Thimphu to further energise ties and Modi declaring that India was honoured to have a friend like Bhutan. The two countries signed 10 MoUs after the talks in the field of space research, aviation, IT, power and education.

The two leaders jointly inaugurated the ground earth station and Satcom network, developed with assistance from Isro for utilisation of South Asia Satellite in Bhutan. “We had a comprehensive meeting, where we deliberated on the relations between India and Bhutan. There is great scope to further improve economic and cultural ties,” Modi said.

On ties with India, Bhutanese PM Tshering said, “India and Bhutan may vary in size but our beliefs, values and motivation are common. Today, I am overwhelmed with the sense pride that the two countries are living the definition of true friendship. This is the truth. This is the way forward.”

Modi also launched RuPay Card in Bhutan by making a purchase at Simtokha Dzong, built in 1629 by Shabdrung Namgyal, which functions as a monastic and administrative centre and is one of the oldest dzongs (fortified building).

“I am very happy that today we have launched RuPay card in Bhutan. This will further enhance our relationship in digital payments, and trade and tourism. Our shared spiritual heritage and strong people-to-people relationship are key of our relations,” said Modi, who is on his first visit since his re-election in May. He also inaugurated the 740 MW Mangdechhu hydroelectric power plant and launched stamps to commemorate five decades of India-Bhutan hydropower cooperation.

“I am very happy to come to Bhutan at the beginning of my second term,” Modi said in a joint press statement after delegation-level talks with his Bhutanese counterpart Lotay Tshering at Simtokha Dzong. “The relations between India and Bhutan are based on the common interests of progress, prosperity and security of the people of both countries,” Modi said as he described Bhutan as “special friend” of India.

“Today, we have achieved another historic milestone of this journey with the inauguration of the Mangdechhu project. With the cooperation of both countries, hydro-power generation capacity in Bhutan has crossed 2,000 MW. I am confident that we will also take other projects forward very fast,” he said. On increasing the currency swap limit for Bhutan under the Saarc currency swap framework, Modi said India’s approach was “positive”. He said an additional $100 million will be available to Bhutan under a standby swap arrangement to meet the foreign exchange requirement.

On ties with India, Tshering said, “On his (PM Modi) first visit to Bhutan in 2014, I remember him saying that Bhutan and India are close not because we have open borders, but because we have opened our hearts to each other. Your visit this time shows how much you meant it.”

“It is a privilege for India to be a major partner in the development of Bhutan. India’s cooperation in Bhutan’s five-year plans will continue,” Modi said. He also announced to increase the supply of LPG from India from 700 to 1,000 MT per month to meet the growing needs of the people of Bhutan.

Isro funded Saarc satellite ground station in Thimphu

The satellite ground station in Thimphu, which PM Modi inaugurated on Saturday, is part of the South Asia Satellite or Saarc satellite programme. India had launched the Rs 405-crore satellite on May 5, 2017 as a “free gift” to Saarc members — minus Pakistan. Isro chairman K Sivan told TOI, “The station was set up by Isro with its funds.” He said Isro had conducted a workshop last year and provided information needed to set up the station.

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News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

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News Network
July 18,2020

Washington, Jul 18: The government of India has agreed to allow US air carriers to resume passenger services in the US-India market starting July 23, the US Transportation Department said on Friday.

The Indian government, citing the coronavirus, had banned all scheduled services, prompting the US Transportation Department in June to accuse India of engaging in "unfair and discriminatory practices" on charter air carriers serving India.

The Transportation Department said it was withdrawing an order it had issued requiring Indian air carriers to apply for authorization prior to conducting charter flights, and said it had approved an Air India application for passenger charter flights between the United States and India.

A group representing major US airlines and the Indian Embassy in Washington did not immediately comment on Friday.

India's Ministry of Civil Aviation said on Twitter it was moving to "further expand our international civil aviation operations" and arrangements from some flights "with US, UAE, France & Germany are being put in place while similar arrangements are also being worked out with several other countries."

"Under this arrangement," it added, "airlines from the concerned countries will be able to operate flights from & to India along with Indian carriers."

The US Transportation Department order was set to take effect next week. The Trump administration said in June it wanted "to restore a level playing field for US airlines" under the US-India Air Transport Agreement. The Indian government had banned all scheduled services and failed to approve US carriers for charter operations, it added.

The US government said in June that Air India had been operating "repatriation" charter flights between India and the United States in both directions since May 7.

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Agencies
June 20,2020

Lucknow, Jun 20: A media body on Saturday described as "an act of intimidation" the filing of an FIR in Uttar Pradesh against a journalist over a report on the impact of the lockdown on a village, saying it was part of an "established pattern" of harassment of independent scribes.

In a statement, the Media Foundation put on record its strong protest over the FIR filed by the Uttar Pradesh government against Supriya Sharma, executive editor of news portal Scroll.in.

The case was filed against Sharma for allegedly misrepresenting facts in a report on the impact of the lockdown in a village adopted by Prime Minister Narendra Modi, police sources had said on Thursday.

The FIR against Sharma and the Scroll editor-in-chief is an "an act of intimidation and a case of abuse of process", intended to discourage honest and critical reporting, the Media Foundation said.

The Media Foundation was started in 1979 with the aim of upholding freedom of speech, expression and information.

The FIR against Sharma is only the latest instance of similar coercive actions against professional journalists, part of "an established pattern of harassment and humiliation of independent journalists", it said,

"It is an unacceptable encroachment on press freedom," said the foundation, whose chairperson is veteran journalist Harish Khare.

The Media Foundation called upon the judiciary, and central and state governments to uphold the spirit of freedom of speech and expression as guaranteed in the Constitution.

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True Indian
 - 
Sunday, 21 Jun 2020

people who speak truth will be send to jail and the people who speak lie will get award..we dont understant which religion they following...may be they following devil religion of RSS.....hindu brother must come out from deep sleep to protect the real value of hindusim...today all evil people in BJP will take protection for their evil deed by using hindu gods...

 

God clearely said in the quran, dont worship material bcoz one day some evil people will come and use this to control you and destroy you..

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