by admin | May 25, 2021 | Business Summit, Events, News, Politics
Davos : Citing global climate change as one of the biggest global challenges, Prime Minister Narendra Modi on Tuesday said India will host the first summit of the International Solar Alliance (IAS) in March.
“In 2016, India and France jointly envisioned a new international treaty based organisation. This revolutionary step has now changed into a successful experiment,” Modi told the plenary session of the World Economic Forum.
“As a International Solar Alliance, it is now a reality after the necessary treaty ratification. I am happy that in March, French President (Emmanuel) Macron and leaders of member countries of the Alliance will participate in the first summit of the Alliance, which will be held in New Delhi on my joint invitation.”
Addressing world leaders and global corporate honchos at the plenary session of the WEF — the second Indian Prime Minister to do so in 21 years — Modi took the opportunity to elaborate on the threat of climate change.
On India’s efforts to generate more renewable power, Modi said: “To save the environment and to counter climate change, a huge campaign, a very big goal my government has placed in front of the country.
“By 2022 we have to produce 175 GW renewable energy in India. In last three years, we have achieved more than one-third of the target.”
—IANS
by admin | May 25, 2021 | News, Politics
By Arul Louis,
New York : As an upstart candidate aiming for the highest office in the United States, Donald Trump promised an election rally of Indians that they “will have a true friend in the White House” and “we are going to be best friends” with India.
In his first year as President, Trump has stuck to the promise, appointing for the first time an Indian-American, Nikki Haley, to the cabinet and giving India a “leadership role” in Washington’s global strategy across a broad geographic swath.
Prime Minister Narendra Modi, a man of humble origins, and Trump, a billionaire and a flamboyant reality TV personality, have struck an unlikely friendship.
During a White House visit in June, their hitherto phone friendship was sealed with hugs. “The relationship between India and the US has never been stronger, never been better,” Trump declared. “I am thrilled to salute you, Prime Minister Modi, and the Indian people for all you are accomplishing together.”
The ties have been growing strong under the previous three administrations of Presidents Bill Clinton, George W. Bush and Barack Obama, and Trump has moved it to a higher trajectory given its preoccupations with China and Afghanistan.
Global security has emerged as the centrepiece of Trump’s approach to India.
“We welcome India’s emergence as a leading global power and stronger strategic and defence partner,” said his national strategy unveiled last month, with a view to making New Delhi a counter-balance to Beijing in the Indo-Pacific region.
And Modi had said in October that India-US ties were growing with a “great deal of speed”.
While Indian-Americans are overwhelmingly Democrat — a Pew Research Center survey said 65 percent support that party — Trump has given members of the community some top administration jobs.
Trump appointed Haley to the high profile US cabinet rank post as UN Permanent Representative in which she is often the face of Trump’s hardline foreign policy.
Ajit Pai became the Chairman of the Federal Communication Commission, a position with a vast portfolio overseeing of the Internet, mobile phones, airwaves, broadcast and communications. He took the administration’s controversial decision to end net neutrality.
Trump appointed Raj Shah as his deputy adviser and principal deputy press secretary. Uttam Dhillon, another deputy adviser, is also his deputy counsel.
Others include Seema Verma, administrator of the health insurance programmes for seniors and the poor; Neomi Rao, administrator of the Office of Information and Regulatory Affairs; Vishal J. Amin, White House’s intellectual property enforcement official, and Neil Chatterjee, a member of the Federal Energy Regulatory Commission. They all shape and implement Trump’s controversial policies.
But there have also been areas of friction with India, with immigration as the most contentious. The Trump administration — and his campaign — have signalled plans to fundamentally change the H-1B visa programme for professionals that overwhelmingly benefits Indians. But so far it hasn’t, although it has tightened the scrutiny of the visas.
It also backed off a threat to make H1-B visa holders in line for Green Cards return home while they wait out the years for their permanent residencies.
He has also announced that he wants to end the immigration of relatives beyond the immediate family, categories that mean a lot to Indians. But his proposed reforms also include a points system to rank applicants on the basis of their qualifications, which could benefit Indians.
On the economic front, Trump’s “America First” and Modi’s “Make in India” are likely to come into conflict as each seek manufacturing, jobs and investments in their own economies, and Trump threatening nations with which the US has a trade deficit.
The five Indian Americans in the Congress opposed Trump on most issues. The first Senator of Indian-American ancestry, Democrat Kamala Harris, has emerged as one of the fiercest critics of Trump. She is pushing the Senator Judiciary Committee enquiry into Trump campaign’s alleged links to Russia and has called for his resignation over charges of sexual harassment.
But Trump’s India policy “transcends partisanship” and the party supports his initiatives to strengthen it further, according to Democratic Congressman Raja Krishnamoorthi.
An important area of convergence for the two countries is the fight against terrorism. “Both our nations have been struck by the evils of terrorism and we are both determined to destroy terrorist organisations and the radical ideology that drives them,” Trump said during Modi’s visit to the White House in June.
After several warnings to Pakistan that it “has much to lose” by supporting terrorists, the Trump administration tightened the screws on Islamabad by suspending security assistance this month.
The administration has added Hizb-ul-Mujahideen, which carries out attacks in Jammu and Kashmir, and its leader Mohammad Yusuf Shah to the lists of global terrorist organisations and individuals to choke off financial and other support.
In the South Asia region, where Trump’s main focus is on stabilizing Afghanistan and ending terrorism there, Trump said in his August strategy speech, a “critical part of the South Asia strategy for America is to further develop its strategic partnership with India – the world’s largest democracy and a key security and economic partner of the US”.
He asked India “to help us more with Afghanistan”.
But the truly transformational prospects are in the Indo-Pacific region where the US and its allies see a growing threat from China – and for Washington a challenge to its global status.
In his National Strategy document Trump declared: “We will deepen our strategic partnership with India and support its leadership role in Indian Ocean security and throughout the broader region.
“We will seek to increase quadrilateral cooperation with Japan, Australia, and India.”
(Arul Louis can be reached at arul.l@ians.in)
—IANS
by admin | May 25, 2021 | Corporate, Corporate Governance, News, Politics
Jaipur : Prime Minister Narendra Modi will launch the commencement of work of an oil refinery in Rajasthan’s Barmer district on Tuesday.
The launch will be at 12.30 p.m, after which he will address a public rally.
Modi had earlier said in a tweet: “Looking forward to visiting Rajasthan. Will attend a programme to mark the commencement of work for the Rajasthan Refinery at Pachpadra, in Barmer and will also address a public meeting.”
“The Rajasthan refinery will be the first in the state, which is blessed with immense oil and gas reserves. This refinery will benefit Rajasthan, especially the industrious youth of the state,” Modi said.
Modi will land at Uttarlai Airforce Station at 11.40 a.m. from where he will board a helicopter at 11.45 am to reach Pachpadra.
Elaborate arrangements have been made in and around Barmer.
Once ready in four years, the refinery will income of Rs 34,000 crore for the state. It is Rajasthan’s only refinery and involves an investment of over Rs 43,000 crore.
—IANS
by admin | May 25, 2021 | Corporate, Corporate Governance, Economy, Entrepreneurship, News, Politics, Startup Basics
New Delhi : India and Israel on Monday pledged to fight terror as the two countries sought to broadbase their relationship on the silver jubilee of establishment of their diplomatic ties with Prime Minister Narendra Modi inviting Israeli companies to take advantage of the liberalised FDI regime in defence sector and to make more in India.
The two countries also underlined the the need for working towards Free Trade and Bilateral Investment treaties.
On the second day of his six-day visit to India, Israel Prime Minister Benjamin Netanyahu held talks with Prime Minister Narendra Modi, both one-on-one and delegation level, after which the two sides reached agreements in various fields including a Memorandum of Understanding on Cyber Security Cooperation.
Netanyahu showered praise on Modi saying he is a “revolutionary” leader who has catapulted India into the future.
A joint statement issued later said the two Prime Ministers agreed that renewed efforts were required to realise the full potential for bilateral trade and investment and noted that the next round of bilateral discussions will be held next month in Israel.
The Prime Ministers urged the private sector to actively explore investment opportunities in both countries, including through India’s flagship programmes such as Make in India, Start-Up India and Digital India.
Both sides noted the readiness of Israeli companies to enter into joint ventures with Indian companies in the defence sector under the Make in India initiative. They consider it important to set the direction for developing more business models and partnerships for joint ventures and joint manufacturing including transfer of technology as well as research and development in defence security fields.
Recognising the grave threat terrorism poses to peace and security including from non-state actors, Modi and Netanyahu reiterated that there can be no justification for acts of terror on any grounds whatsoever and advocated strong measures against terrorists, terror organisations, those who sponsor, encourage or finance terrorism or provide sanctuary to terrorists and terror groups.
They also noted with satisfaction that the next meeting of the joint working groups on homeland and public security will he held next month. They reiterated the importance of building comprehensive cooperation in counter-terrorism, including cyber-space and welcomed the signing of the Memorandum of Understanding on Cooperation in Cyber Security between India and Israel.
At a media briefing later, Vijay Gokhale, Secretary (Economic Relations) in the External Affairs Ministry, said both countries shared similarities in their approach to tackling terrorism. “The two countries have said we will not tolerate terrorism in any manner,” he said.
In reply to a question on not naming Pakistan in the document, he said it was not necessary to name countries each time. There was no divergence of views on the issue, he added.
To a question on cancellation by India of a deal with Israel for the purchase of 8,000 Spike anti-tank guided missiles, he said defence cooperation was discussed between the two leaders but he was not in a position to comment beyond that.
On bilateral investment treaty, Gokhale said there was need to negotiate on the issue for a second round of discussions.
At the interaction with the media, Modi said there were three ways of scaling up bilateral partnership. First, he said, it can be done by strengthening the existing pillars of cooperation in agriculture, science and technology and security.
He said the second way of enhancing bilateral cooperation is by “venturing into less explored areas of cooperation, such as oil and gas, cyber security, films, and start-ups”.
“Several of these areas are indicative of our desire to diversify and broad-base engagement,” he said.
The third way, Modi said, to boost ties would be by “facilitating the flow of people and ideas between our geographies”.
“We are working with Israel to make it easier for our people to work and visit each other’s countries, including for longer work durations. To bring people closer on both sides, an Indian Cultural Center will soon open in Israel.”
The Indian Prime Minister also said that both sides have decided to start an annual exchange of bilateral visits by 100 young people from science-related educational streams.
India and Israel signed nine agreements following the talks, including two memorandums of understanding (MoUs) on cooperation in the areas of oil and gas and cyber security, and two letters of intent between Indian Oil and two Israeli entities on metal-air batteries and solar thermal technologies.
On bilateral economic relations, Modi said that “thriving two-way trade and investment is an integral part of our vision for a strong partnership”.
Modi expressed hope and optimism about India-Israel ties, and said: “In Prime Minister Netanyahu, I have a counterpart who is equally committed to taking the India-Israel relationship to soaring new heights.”
Netanyahu said Modi’s historic visit to Israel last July, the first by an Indian Prime Minister, “excited all Israelis and of course many Israelis of Indian descent and origin”.
“Jews in India have never witnessed anti-Semitism like in some other countries,” he stated. “This is a tribute to India’s great civilisation, tolerance and democracy.”
“We remember the horrific savagery in Mumbai (2008 terror attacks), we will never give in and will fight back,” Netanyahu said.
The two sides also discussed the situation in West Asia and UN Security Council reforms but Iran’s nuclear programme did not figure.
The personal chemistry Modi and Netanyahu share was again evident in the address to the media when the two leaders warmly hugged each other.
Earlier on Monday, the Israeli Prime Minister was accorded a ceremonial welcome at the Rashtrapati Bhavan here.
Netanyahu, accompanied by a 130-member business delegation, arrived here on Sunday on a six-day visit to India that will also see him going to Agra, Ahmedabad and Mumbai.
This is the first Prime Ministerial visit from Israel to India in 15 years after that of Ariel Sharon in 2003.
—IANS
by admin | May 25, 2021 | Opinions
By C. Uday Bhaskar,
The visit of Israeli Prime Minister Benjamin Netanyahu to India (January 14-19) commemorates the 25th anniversary of the opening of an Indian embassy in Tel Aviv in 1992 and will further consolidate an important and strategically distinctive bilateral relationship for both nations. It has had a chequered past since the post-World War II birth of both countries but is poised for a pragmatic future trajectory based on shared interests.
With a population below nine million and a GDP of $350 billion, Israel is relatively small compared to the Indian behemoth with a population of 1.25 billion and a GDP of $2.5 trillion. Yet Israel occupies a very special niche in India’s security framework and has been a supplier of critical military technology. This was illustrated during the 1999 Kargil War, when precision-guided ordnance was obtained from Tel Aviv.
That India is among the world’s largest importers of military inventory and that Israel is a major arms exporter also provides a natural complementarity to the bilateral relationship. Over the last two decades, the quantum of military-related imports from Israel has steadily increased. It is estimated that India, which buys almost $1 billion worth annually, accounts for over 40 percent of Israeli defence exports.
The Netanyahu visit reciprocates that of Prime Minister Narendra Modi in July 2017, the first by an Indian Prime Minister to Israel. The Modi-Netanyahu personal chemistry was on display during that visit which was reciprocated as Modi personally received the Israeli leader at the airport when he arrived Sunday afternoon. The two leaders share many characteristics, including a visible political resolve in relation to Islamic radicalism and terrorism. Netanyahu will also get the Gujarat-special status, a detour to Ahmedabad, which Modi accords to certain leaders.
During the July visit, Modi said, “Israel and India live in complex geographies. We are aware of strategic threats to regional peace and stability. Prime Minister Netanyahu and I agreed to do much more together to protect our strategic interests.” The joint statement also added: “There can be no justification of acts of terror on any grounds whatsoever.”
While the bilateral with Israel has been described as a “strategic partnership”, India’s relations with Israel cannot be divorced from the larger West Asian geopolitical canvas where Palestine is a major factor.
The Jewish quest for a permanent homeland goes back a long way. Mahatma Gandhi had opined in 1931: “I can understand the longing of a Jew to return to Palestine, and he can do so if he can without the help of bayonets, whether his own or those of Britain… in perfect friendliness with the Arabs.” This sentiment shapes the Indian approach to the complex and tangled Palestine issue.
India has traditionally supported the Palestine cause on the international stage and has sought to maintain a fine balance regarding its bilateral with Israel in the competing regional politics of West Asia. It appeared that the Modi dispensation government had taken a bold decision to remove the hyphenation between Israel and Palestine, but it would be misleading to infer that the government has uncritically cast its weight totally with Israel and the US.
The recent vote at the UN over the Trump declaration about Jerusalem saw Delhi voting with the larger global consensus that censured the US over its announcement. Netanyahu, on the eve of his India visit, said this vote would not materially affect the bilateral. India and Israel are keen to expand the current bandwidth of the trade and economic relations to move beyond military sales and include energy, cyber security and innovation in desert/arid land agriculture, among other sectors.
The last leg of the Netanyahu visit will take him to Mumbai. The enormity of the November 2008 terror attack that targeted Chabad House will be recalled, though justice for the innocent victims — Indian, Israeli and other nationalities, remains elusive.
(C. Uday Bhaskar is Director, Society for Policy Studies, New Delhi. The article is in special arrangement with South Asia Monitor. He can be contacted at cudayb@gmail.com)
—IANS