Driving to Thailand from India could be a reality by 2016

May 29, 2012

drive

Nay Pyi Daw, May 29: As India sought to expedite its infrastructural projects in Myanmar, PM Manmohan Singh and President U Thein Sein for the first time set a deadline, 2016, for trilateral road connectivity which will make it possible to drive right up to Thailand from India via Myanmar. After the PM's "restricted" meeting with Thein Sein, who received Singh at his resplendent palace wearing the traditional Burmese gaung baung head gear, foreign secretary Ranjan Mathai announced that "efforts would be made to establish seamless trilateral connectivity by 2016".

Singh, who had a one-on-one with Thein Sein before the delegation talks, said India would undertake the repair of 71 bridges on the Tamu-Kalewa Friendship Road. India had earlier helped Myanmar build this road and the plan now is to link it with a place called Yargyi which will effectively link Moreh in India to Mae Sot in Thailand.

"The two leaders decided that India would undertake upgradation of the Kalewa-Yargyi road segment to highway standard while Myanmar would undertake upgradation of the Yargyi-Monywa stretch to highway standard by 2016," Mathai said, adding that the two leaders welcomed the revival of the Joint Task Force on the trilateral highway. Indian officials believe that this highway will truly become the bridge between India and Asean countries and place it at the heart of India's Look East policy. Myanmar is the only Asean country with which India shares land boundary.

The two leaders decided to constitute a Joint Working Group to determine the technical and commercial feasibility of cross-border rail links and the commercial feasibility of direct shipping links between the two countries. The two sides also discussed the possibility of Indian participation in development of key infrastructure projects like the Dawei port in Myanmar.

However, one of India's most ambitious projects in Myanmar, Kaladan Multimodal Transport Project which will also link India's northeast with the mainland through Sittwe port in Myanmar, barely found a mention in the joint statement. "They expressed satisfaction at the steady progress being made on the Kaladan Multimodal Transit Transport Project," it said. It is well known though that the road component of the project leading to south Mizoram is getting delayed.

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Agencies
April 23,2020

New Delhi, Apr 23: With an increase of 1,229 new COVID-19 cases in the last 24 hours, the total number of cases reached 21,700, said the Union Ministry of Health and Family Welfare on Thursday.

The tally is inclusive of 16,689 active cases, 4,325 patients have been cured/discharged and migrated, while 686 patients who have died due to the deadly virus.

According to the ministry's data, Maharashtra is on the top of the list with most COVID-19 cases, 5,652 cases of which 789 patients have recovered and 269 patients succumbing to coronavirus.

Gujarat and Delhi are second and third on the list respectively with Gujarat having 2407 cases of which 179 patients have recovered and 103 deaths. Meanwhile, in Delhi, the tally stands at 2248 cases of which 724 patients have recovered and 49 patients have died from COVID-19.

Rajasthan's tally stands at 1,890 cases with 230 patients cured while 27 deaths have been reported as of Thursday.

Madhya Pradesh has 1695 cases of which 148 patients have recovered and 81 deaths reported. Tamil Nadu, on the other hand, stands with 1629 cases of which 662 patients have recovered and 18 have died due to the deadly virus.

Goa has seven cases reported of which all seven patients have recovered from the coronavirus.

Prime Minister Narendra Modi announced on April 14, that the nationwide lockdown would be extended to May 3.

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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News Network
June 3,2020

New Delhi, Jun 3: India registered its highest single-day spike in COVID-19 cases on Wednesday with 8,909 more cases reported in the last 24 hours, taking the country's tally to 2,07,615, while the death toll rose to 5,815 according to the Union Health and Family Welfare Ministry.

The number of active COVID-19 cases stood to 1,01,497 while 1,00,303 people have been cured/discharged/migrated.

According to the Union Health and Family Welfare Ministry, out of all the states, Maharashtra has recorded the highest number of coronavirus cases with 72,300 patients followed by Tamil Nadu with 24,586 cases.

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