Respect Indian sense of national pride: Chinese media

May 20, 2013

Chinese_mediaBeijing, May 20: Underlining that China's "surrounding environment" will suffer if India becomes another Japan or Philippines in confronting it, Chinese media today called for understanding and respect for "Indian sense of national pride".

As Chinese Premier Li Keqiang kicks off second day of his India tour, the Chinese official media is full of reports and analysis of Sino-India ties with one tabloid daily, the Global Times, came out with editorial, saying that 'Sino-India ties transcend media hype'.

"There are many weaknesses in the bilateral relationship which can be exploited by outsiders. Without mutual respect, small frictions can be exaggerated," it said, apparently referring to a recent military stand off at the Daulat Beig Old in Ladakh area after Chinese troops intruded 19 kms inside Indian territory.

"The Indian sense of national pride is very strong but Chinese society doesn't want to adapt. Chinese people lack understanding and respect toward India. They tend to judge it according to ill-conceived preconceptions," it said.

"However, China's surrounding environment will suffer if India, a country which has the prospect of running neck-and- neck with China, becomes another Japan or Philippines in terms of its policies toward China," it said, noting that the situation at the Sino-Indian border is much better than the disputed islands with Japan or South China Sea, where Beijing is locked up in maritime disputes.

However, the relationship is at its "best period in decades despite mutual suspicion".

"Both China and India should bear the primary responsibility for cultivating the bilateral relationship. They should create more 'good news' to counter media hype. Not only determination, but also wisdom is needed to develop Sino-Indian strategic ties," it said.

"Grumbling about media coverage doesn't help. Governments should also play a role in guiding public opinion," it said.

Referring to Li's choice to make India the first stop of his maiden foreign tour, it said, "his selection of India for his first overseas trip has widely been interpreted as a sign that China is attaching greater importance and respect to this large neighbour".

Stating that the bilateral ties are plagued by negative news causing more negative public opinion "than the reality warrants", the editorial referred to the "tent confrontation" between the two sides that made headlines.

"It's difficult to simply judge Sino-Indian relations as 'good' or 'bad'. New conflicts initiated by border disputes may break out at any time, according to worst-case scenarios.

"Both sides have been trying to divert the focus of the bilateral relationship from border disputes to other areas. In spite of media hype, both sides share a common will in terms of preventing border problems from impeding Sino-Indian ties," it said, adding that "such rationality is commendable in present-day Asia where nationalism runs rampant".

Being two large emerging countries, India and China have many common interests on major issues such as the global financial order and climate change, which means that the two countries must seek cooperation, it said.

"China and India's combined potential are large enough to make the West anxious. Internal dissension between China and India meets Western interests," it said.

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News Network
February 29,2020

New Delhi, Feb 29: India’s economy expanded at its slowest pace in more than six years in the last three months of 2019, with analysts predicting further deceleration as the global Covid 19 coronavirus outbreak stifles growth in Asia’s third-largest economy.

The gross domestic product (GDP) data released yesterday showed government spending, private investment and exports slowing down, while there is a slight upturn in consumer spending and improvement in rural demand lent support.

The quarterly figure of 4.7% growth matched the consensus in a Reuters poll of analysts but was below a revised - and greatly increased - 5.1% rate for the previous quarter.

The central bank has warned that downside risks to global growth have increased as a result of the coronavirus epidemic, the full effects of which are still unfolding.

Prime minister Narendra Modi’s government has taken several steps to bolster economic growth, including a privatisation push and increased state spending, after cutting corporate tax rates last September.

In its annual budget presented this month, the government estimated that annual economic growth in the financial year to March 31 would be 5%, its lowest for last 11 years.

Modi’s government is targeting a slight recovery in growth to 6% for 2020/21, still far below the level needed to generate jobs for millions of young Indians entering the labour market each month.

The annual GDP figure for the September quarter was ramped up from an earlier estimate of 4.5%, while the April-June reading was similarly lifted to 5.6% from 5%, data released by the Ministry of Statistics showed on Friday.

Capital Investment Drop

In the December quarter, private investment grew 5.9%, up from 5.6% in the previous quarter, while government spending rose by 11.8%, against 13.2% in the previous three months.

However, corporate capital investment contracted by 5.2% after a 4.1% decline in the previous quarter, indicating that interest rate cuts by the central bank have failed to encourage new investment. Manufacturing, meanwhile, contracted by 0.2%.

“It appears growth slowdown is not just cyclical but more entrenched with consumption secularly joining the slowdown bandwagon even as the investment story continues to languish,” said Madhavi Arora of Edelweiss Securities in Mumbai.

Many economists said that the government stimulus could take four to six quarters of time before lifting the economy and the impact of those efforts could be outweighed by the global fallout from the coronavirus epidemic that began in China.

“The coronavirus remains the critical risk as India depends on China for both demand and supply of inputs,” said Abheek Barua, chief economist at HDFC Bank.

Indian shares sank on Friday for a sixth session running, capping their worst week in more than a decade. The NSE Nifty 50 index shed 7.3% over the week, while the Sensex dropped 6.8%, the worst weekly declines since the 2008-09 financial crisis.

Separately, India’s infrastructure output rose 2.2% year on year in January, data showed on Friday.

A spike in inflation to a more than 5-1/2 year high of 7.59% in January is expected to make the RBI hold off from further cuts to interest rates for now, while keeping its monetary stance accommodative.

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News Network
January 13,2020

New Delhi, Jan 13: The Jawaharlal Nehru University Students' Union (JNUSU) has alleged that the varsity administration has blocked the registration of 300 students on the basis of 'fake Proctor inquiries'.

The union had on Saturday asked students of the university to pay their academic tuition fee but not the hiked hostel fee.

"Today the Vice Chancellor first blocked the fee payment portal and then blocked the payment of tuition fees. It is clear that the VC was lying through the teeth when he said students want to register but are not being allowed to by protesters," JNUSU president Aishe Ghosh said.

She said the VC has also blocked the registration of 300 students based on fake proctor enquiries which are not even completed.

"The truth is that it is the administration which does not want students to register and is blocking their registration," she said.

JNUSU vice president Saket Moon said that in the meetings held in HRD ministry, it was decided that the administration would take a lenient view on the students' protest and not take action against them.

He said many students, who opened the portal for registration found they had been academically suspended and could not register.

He said the JNUSU had softened its stand by saying that they would register by paying the old fees but that has been kept on hold.

On Sunday, the administration extended the date for the winter semester registration till January 15.

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News Network
February 16,2020

New Delhi, Feb 16: RSS chief Mohan Bhagwat on Saturday said everyone is unhappy in the society and constantly agitating notwithstanding a "many-fold rise" in materialistic comforts and pleasures.

Addressing a gathering of Sangh workers and intellectuals here in Gujarat, Mr Bhagwat also said that even political parties who are not in power are also agitating.

"Inspite of increase in comforts and materialistic pleasures, everyone is unhappy and is staging agitations. Be it owner or servant, a party in opposition, the common man students, teachers, everyone is unhappy and dissatisfied," the Rashtriya Swayamsewak Sangh (RSS) chief said.

He was speaking on the topic "India's Role in the Present World Context".

Mr Bhagwat further said that bigotry, violence and terrorism are on the rise in the present world.

"India has to give 'dharma'  (wisdom) to the world so that knowledge spreads but humans do not become robotic. We have always talked about the concept of global family but not global market," he said.

The lecture was organised by "Madhav Smruti Nyas", an organisation backed by the RSS.

"To think that we are living in a better world is a half truth. Facilities are not evenly distributed. Rule of Jungle is prevailing. A capable person is crushing the weak to climb up. Knowledge is used more for the destruction of the world," the Sangh chief said.

Mr Bhagwat said people are also misusing social media by spreading "false information" to create controversies.

He also stated that trying to put "everyone into one uniform" is also a form of bigotry.

"US and Russia are super powers. China would become a super power too. Now, what super power nations did to others? They just took control of other countries for their own selfish agenda. These super powers gave it back only when they were asked to do so. Otherwise, they never gave anything to others," said Mr Bhagwat.

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