Operation Green to overhaul agriculture: Jaitley focuses on strengthening the rural sector

Announcing a ₹500 crore Operation Green for the development of the agricultural sector Finance Minister ArunJaitley has reinforced the focus of the government in increasing the income of farmers and raising the minimum support price.
Presenting the Union Budget for the fiscal year 2018-19, the minister proposed an Agri-Market Development Fund with a corpus of Rs 2000 crore and the upgradation of rural haats to Grameen agricultural markets. In increasing the Minimum Support Price of all cropsto at least 1.5 times that of the production cost, he promised the full support of the government in ensuring the payment of full MSP even if farmers sell below MSP. He proposed the introduction of Kishan credit cards.

Read More

India@69: President Kovind bats for a cohesive India where you can disagree

Unveiling his vision of a tolerant and modern India, India’s President Ram Nath Kovind batted for right “to disagree with another viewpoint” in his Republic Day eve address and called for a robust nation-building process that would contribute of a “composite and cohesive world”.
Speaking on the eve of India’s 69th Republic Day, the president spoke about many facets of a nation – one of happy and equal-opportunity, innovation, civic-mindedness, selflessness, cultural vibrancy, discipline and moral uprightness – that together make up a “modern India that is both a land of talent – and a land of unlimited opportunities for that talent”.
In a veiled allusion to a raging controversy around the screening of the film Padmaavat which has triggered violence in parts of India, President Kovind underscored the need to maintain harmony through respect of one another’s viewpoint, as against the divisiveness that marks the society at present. “Where one can disagree with another viewpoint – or even with a historical context – without mocking a fellow citizen’s dignity and personal space. This is fraternity in action”, he said.

Read More

With an eye on China, ASEAN calls for bigger India role in Indo-Pacific

Amid China’s increasing economic and military stranglehold in East Asia, ASEAN countries have pitched for a bigger role for India in the Asia-Pacific region, with Prime Minister Narendra Modi putting maritime security on the forefront of the India-ASEAN agenda.
In his opening speech at the plenary of the special commemorative summit to mark the silver jubilee of India-ASEAN partnership, Mr Modi termed maritime cooperation as a key focus area for India and ASEAN in the Indo-Pacific region and underlined that maintaining freedom of navigation will remain critical in days to come.
The overarching thrust of the special summit in Delhi, which is being attended by all the 10 leaders of ASEAN countries, is to raise India’s profile in the region with a larger strategic vision to pitch India as a credible balancing force in the region. The 10 leaders of ASEAN countries are also be guests of honour at the Republic Day celebrations, a unique and unprecedented gesture by India that underscores the centrality of ASEAN region in its geopolitical calculus in the region.

Read More

Vietnam envoy pitches for real code of conduct in South China Sea (Interview)

The Special Commemorative Summit is poised to open a new chapter in the history of India-ASEAN relations. With India and ASEAN emerging as the fastest growing region in the world, there are enormous possibilities for expanding and diversifying this mutually energising relationship across the spectrum.
In this interview with Manish Chand, Editor-in-Chief, India and World, Vietnam’s Ambassador to India Ton Sinh Thanh argues that given India’s close historical and cultural connections and its growing economy, India should play a bigger role in the extended Indo-Pacific region. To fructify this huge potential, enhancing connectivity will be a potential game-changer in taking India-ASEAN strategic partnership to new heights.
Amid the churn in the South China Sea, the Vietnamese envoy also pitches for a real and abiding enforceable code of conduct and argues that the sea of Southeast Asia is an open sea of all countries, including India.

Read More

The Power of 11: An Asian Century

Call it the Power of 11, if you will.
The soaring dream of an Asian Century is poised to acquire new wings as the leaders of India and 10 ASEAN countries participate in a special commemorative summit in New Delhi, marking the silver jubilee anniversary of their multi-faceted partnership. In a captivating spectacle, the 10 ASEAN leaders will also be Guests of Honour at India’s Republic Day celebrations on January 26, 2018, the first time the leaders of a region have been bestowed such a singular honour by New Delhi, underscoring the increasing salience of the region in India’s foreign policy calculus.
In many ways, it’s time for multiple celebrations for India and ASEAN, which are conjoined by “Shared Values, Common Destiny” – the master-theme of the summit, as they toast the 25th anniversary of their dialogue partnership, 15 years of summit-level interaction and 5 years of Strategic Partnership. The intersection of the golden jubilee of the establishment of ASEAN and the silver jubilee of India-ASEAN partnership has only heightened a sense of festivity and pride in what has been achieved so far and what’s yet to come.

Read More

Modi chants New India ‘open for business’ mantra at Davos

DAVOS: With occasional references to Sanskrit shlokas, Prime Minister Narendra Modi renewed the global spotlight on a ‘New India’ shaping under his watch in front of the global elite in the Swiss resort of Davos and underlined his commitment to globalisation amid growing walls of protectionism.

In his keynote speech at the plenary session of the World Economic Forum, the Indian leader upheld a ‘New India’s’ unique role in guiding the world through its ancient liberal values and unique democratic experiment. Weaving India’s growth story with its spiritual ethos, Mr Modi welcomed the world to partake in India’s robust growth and the opportunities and solutions that it has to offer.

Assuming the mantle of globalisation, a role Chinese President Xi Jinping claimed to don in his speech at Davos amid US’ insular turn under the Trump presidency, Mr Modi said that while protectionism and trade barriers were rising, India was marching confidently towards a $5 trillion economy by 2025.

Read More

After Australia Group, NSG next frontier for India

After gaining entry to two non-proliferation groups, MTCR (Missile Technology Control Regime) and the Wassenaar Arrangement, India has become the 43rd member of another, the Australia Group (AG). With this membership India is expected to further push its demand for an entry into the NSG (Nuclear Suppliers Group) that has been stalled due to Chinese protests.
“India’s entry into the Group would be mutually beneficial and further contribute to international security and non-proliferation objectives” India’s External Affairs Ministry spokesperson Raveesh Kumar said in a statement.

Read More

Modi to showcase India Growth Story at Davos

Buoyed by India’s growing economy and its rising global profile, Prime Minister Narendra Modi is poised to pitch the India growth story to international political and financial elite at the World Economic Forum in Davos.Mr Modi’s overarching message at Davos will be “India is open for business,” also the theme of the promotional campaign India has launched in Davos. Mr Modi will speak on the theme for the 2018 WEF, “Creating a Shared Future in a Fractured World,” and India’s role in the world. In his plenary speech, PM Modi is expected to highlight pathbreaking economic reforms taken by his government which have led to enhanced ease of doing business. India jumped 42 places in the World Bank’s Ease of Doing Business last year.
“In recent years, India’s engagement with the outside world has become truly and effectively multi-dimensional covering the political, economic, people to people, security and other spheres… At Davos, I look forward to sharing my vision for India’s future engagement with the international community,” Mr Modi said ahead of his visit to the picturesque Alpine town of Davos that holds the annual meet.

Read More

Business Bonding: Fusing India’s size & scale with Israel’s sharpness & edge

India-Israel economic relations are poised for a decisive transformation, with the fusion of India’s size and scale with Israel’s sharpness and edge.Pitching economic ties onto a higher trajectory, India and Israel jointly launched the ‘I4Fund Call for Proposal’ website as part of the maiden call for the joint research and development (R&D) initiative. Under this $40 million fund, both sides will pursue technological innovations in areas such as water, agriculture, energy and digital technologies and create a support structure to convert “know-how” into “show-how”.
Speaking at the India-Israel Business Summit in New Delhi, which included 100 delegates from 74 Israeli companies, India’s Prime Minister Narendra Modi praised Israel’s “remarkable spirit of innovation, enterprise and perseverance” and underlined the shared commitment to connect the talent pool of both sides towards achieving path-breaking technological advances.

Read More

India, Israel map promising future amid Modi-Bibi bonhomie

India-Israel relations moved onto a higher trajectory on a crisp wintry afternoon in Delhi as the two countries signed nine pacts in diverse areas and their leaders speaking in one voice about scaling this vital partnership to new heights.
Hailing it as a historic moment in the relationship between India and Israel, India’s Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu renewed their shared commitment in taking their multi-faceted partnership to a wholly different level by fusing Israel’s technological prowess and innovation with India’s skills and ingenuity.

Read More