'Legacy & sanctions made Rao decide against nuke tests'

February 23, 2013

Narasimha_RaoWashington, Feb 23: The prospect of a crippling economic sanctions, "improving" electoral chances and his "desire" to be noted as the architect of India's economic revolution might have prevented the then Prime Minister Narasimha Rao from going for nuclear tests in the winter of 1995-96.

This was the conclusion that the Clinton Administration had arrived which for weeks in December and then in January mounted pressure on India by itself and through its allies warning New Delhi against going ahead with nuclear tests in Pokharan, in support of which it provided satellite imageries to the Indian Government.

According to the classified American cables released yesterday by the National Security Archive, which it obtained from the federal government under the freedom of information act, it was by December 10, 1995 that US intelligence agencies informed the Clinton administration about an impending Indian nuclear tests at Pokharan resulting in a flurry of activities by the US. And it was by January 24, 1996, the Clinton Administration concluded that Rao has decided against conducting the nuclear tests.

"Prime Minister Rao probably will not authorise a nuclear test in the near future despite indications that a site in western India is being upgraded for that purpose," a State Department cable concluded on January 24, 1996.

"Though a nuclear test might boost his re-election prospects in April, it would almost certainly provoke international sanctions against India and further jeopardise his government's economic liberalisation program," the cable said.

The Clinton Administration, it said, first became aware of the increased activity at Pokhran in November 1995, adding that the activities included improved perimeter security, other infrastructural upgrades and placement of a large amount of dirt – believed to be stemming material to cover a device once it has been lowered down a test hole – next to drill shafts.

The cable explains why Rao apparently decided against the nuclear test. "Even without a nuclear test, there are indications that Rao's electoral prospects are beginning to improve. Recent allegations that many of Rao's opponents, both inside and outside the Congress party, may have been involved in a major corruption scandal, have given him a tactical advantage as the campaign commences," the secret document said.

According to the cables, the analysts then predicted that Congress party will win sufficient seats in the new parliament to cobble together a coalition government designed to exclude the BJP from power.

"His last hurrah. As he prepares to fight an aggressive election campaign, Rao probably has one eye on posterity. A reluctant Prime Minister even in 1991, Rao is nearly 75 years old and in indifferent health. He almost certainly hopes he will be remembered for his most important contribution, the liberalisation of India's economy.

"For the economy to continue and grow and attract foreign investment, Rao must avoid provoking the west in particular the United States – which would seek to restrict international aid and investment to India in the event of a test. These hard realities, coupled with his natural caution, probably will constrain him from approving a test," the secret US document concluded.

In another classified US document, which was prepared to respond to the questions from US lawmakers on this issues, Narasimha Rao is described as someone who does not take rash actions. "PM Rao is by temperament and character a cautious and practical man not given to rash action. There is no direct evidence he has made a decision to test," said the document.

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News Network
May 3,2020

New Delhi, May 3: Union Health and Family Welfare Minister Dr Harsh Vardhan on Sunday said that India's COVID-19 mortality rate of 3.2 per cent is the lowest in the world and over 10,000 coronavirus patients have been discharged from hospitals after recovering from the disease so far.

"Today more than 10,000 COVID-19 patients have been discharged. Those still admitted at hospitals are on the road to recovery. If in last 14 days doubling rate was 10.5 days, then today it is around 12 days," the Minister told ANI after visiting Lady Hardinge Hospital.

"Our mortality rate of 3.2 per cent is the lowest in the world," he said.

With 2,644 more COVID-19 cases and 83 deaths in the last 24 hours, the number of people infected from coronavirus in the country has reached 39,980 including 1,301 deaths, said the Union Ministry of Health and Family Welfare on Sunday.

Currently, there are 28,046 active cases while 10,633 COVID-19 positive patients have been cured/discharged.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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May 29,2020

May 29: Over 45,000 stranded Indians were brought back home from abroad under the Vande Bharat mission and another 1,00,000 will be evacuated till June 13, the Ministry of External Affairs said on Thursday.

The mega evacuation mission was launched on May 7.

MEA Spokesperson Anurag Srivastava said the government is also assisting return of stranded Indians from remote locations in Latin America and Caribbean, Africa, and parts of Europe.

"This is being done by taking advantage of foreign carriers flying to India primarily for evacuation of their nationals," he said during an online media briefing.

He said a total of 45,216 Indians were brought back till Thursday afternoon and they include 8,069 migrant workers, 7,656 students and 5,107 professionals.

About 5,000 Indians have returned through land border from Nepal and Bangladesh.

In the first phase of the mission from May 7 to 15, the government evacuated around 15,000 people from 12 countries. The second phase of the evacuation mission was scheduled from May 17 to 22. However, the government has extended it till June 13.

Srivastava said a total of 3,08,200 people have registered their request with Indian missions abroad for repatriation to India on compelling grounds.

"During the phase two, a total of 429 Air India flights (311 international flights + 118 feeder flights) from 60 countries are scheduled to land in India. The Indian Navy will be making four more sorties to bring back returnees from Iran, Sri Lanka and the Maldives," Srivastava said.

The MEA spokesperson said the government is targeting to bring back 1,00,000 people from 60 countries by the end of phase two of the Vande Bharat mission.

"Preparations for third phase of Vande Bharat Mission are well underway," he said.

As per the government's policy for evacuation, Indians having "compelling reasons" to return like pregnant women, elderly people, students and those facing the prospect of deportation are being brought back home.

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