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5 minute read
A WIN-WIN DEAL TAKES WINGS
Sabri in the Parliament the usable FOREX are just $50 million. Similarly Pakistan’s FOREX are also only $ 4.5 billion, which can pay only three weeks of import bills. China has flatly refused to re-structure its loans to provide further financial assistance to these countries facing severe economic and food crisis. In such unprecedented crisis India has written a new chapter of deepening relations by support and huge financial assistance to Nepal, Sri Lanka and Maldives.
Significantly, in the past years with the help of its conspiratorial economic policies, China has been successful in creating an unexpectedly anti-India aura in neighbouring countries. Nepal, which is considered to be an integral friend of India but in the KP Oli regime the baseless issue of border dispute raised and the long –term ‘ROTI-BETI’ relationship were badly affected. The then President of Sri Lanka, Gotabaya Rajapaksa, preferred China by forgetting India and pushed the country into severe economic- food crisis. Similarly, former President of Maldives, Abdulla Yameen, openly opposed and launched the ‘INDIA OUT CAMPAIGN’. But the current scenario has changed the attitude of the people and rulers of these neighbouring countries. China has left these countries in the lurch in the midst of a difficult period of severe crisis.
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In such a situation, India
In the world’s biggest single multinational deal for 470 aircraft, Air India has not only made history but has also helped the United States face its huge unemployment problem. President Joe Biden admitted this in as many words, Air India’s “purchase of 200 planes through a historic agreement” with Boeing “will support over one million American jobs across 44 states”. The purchase of Airbus aircraft from France is expected to silence the West which was critical of India’s dependence on Russian supplies.
The massive deal for planes manufactured by two giant business rivals Boeing and Airbus was reached with has given financial assistance and support to these countries by moving on its unique ‘SUPPORTIVE DIPLOMACY’. External Affairs Minister, S Jaishankar recently introduced India’s ‘NEIGHBOURHOOD FIRST POLICY’ to both the countries on his Maldives and Sri Lanka visit. During Sri Lanka visit by announced $ 2.4 billion help and make a renewable energy hub in Trincomalee. Along with this a proposal to provide oil credit of 500 million dollars. India provided more than $4 billion in aid by way of loans, grants, loans and extension of old debt last year.
China’s debt-trap has affected India’s neighbours and China has flatly refused to re-structure its loans to provide further financial assistance to these countries facing economic and food crisis. In such unprecedented crisis India has written a new chapter of deepening relations by support and huge financial assistance to Nepal, Sri Lanka and Maldives.
Similarly with Maldives, India recently signed bilateral agreements in the ScienceTechnology as well as housing projects and assured more
Air India has not only made history but has also helped the United States solve its huge unemployment problem. This massive deal for planes, manufactured by two giant business rivals Boeing and Airbus was possible with PM Narendra Modi’s blessings the blessings of Prime Minister Narendra Modi who was deservedly thanked by President Emmanuel Macron of France and Joe Biden of the US. With Airbus A350s being powered by the British-made Rolls Royce engines, Prime
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To counter India’s growing influence in neighboring countries, China has also given financial assurance to Sri Lanka not only to continue the $2.9 billion bailout package given by the IMF and started sending high level delegations to provide economic assistance. So influence can be restored. Notably that the general elections are also to be held in these countries this year, in such a situation, India tried its best that major political parties and people in favour, those who had started speaking Chinese language under the influence of China in the past. It is the result of India’s cooperativediplomacy that there has been such a big change in China’s attitude and has taken steps for financial assistance, keeping a soft attitude towards the debtor countries, otherwise in the critical phase of the crisis last year, Sri Lanka had to pay $ 6.8 million under the pressure of the Chinese government in lieu of the cancelled deal of the Chinese firm Qingdao Shirin Biotech. While, India had helped Sri Lanka in a big way during that crisis. Anyway, India’s Supportive - Diplomacy has been of double benefit to these neighbouring countries. On the other hand, these countries bound in the Chinese love-loop, even under compulsion, have made a radical change in their attitude towards India, which will write a new chapter in the changing geo-political scenario.
It should be hoped that Pakistan, which is on the verge of bankruptcy after taking lessons from neighboring countries, will soon understand the reality of China and abandoning its policy of violence and terror towards India.
THE VIEWS EXPRESSED BY THE AUTHOR ARE PERSONAL
Minister Rishi Sunak is no less happy. The Boeing 777s and 787s will be equipped with engines from GE Aerospace of the US.
For the Tata Group, the owners of Air India, the acquisition of the new aircraft will make them proud owners of the biggest fleet in the country where the civil aviation sector is expanding rapidly. It is also expected to revive the fortunes of an airline which reported a net loss of Rs 9556.5 crore on a revenue of Rs 19,815.9 crore as on March 31, 2022. The net loss in 2021 was 7,017.4 crore. The aircraft purchase has made Air India the biggest airline in terms of numbers and will decidedly help it to augment its fleets on international and domestic routes.
When it comes to hate speech, Karnataka BJP president Nalin Kumar Kateel seems unstoppable. Kateel famously said that “small issues” like roads and drains were not priority issues in elections. Instead, he appealed to the people to give priority to love jihad in the coming assembly elections. His statements strengthened the opposition’s charge that the BJP was resorting to communal politics to win the election.
Kateel made a more outrageous statement on Wednesday when he reportedly said that “all ardent” followers of Tipu Sultan should be “sent back home”. He is reported to have said further that “those who are ardent followers should not remain alive on this soil”.
In an already divided society
Kateel’s provocative speeches would deepen the communal divide. Kateel has repeatedly thrown Supreme Court’s warnings to the wind. In a recent observation the SC said that hate speech was a “complete menace” that, if left unchecked, could become a monster. Government’s inaction in these cases continues.
Spiritual Speak
No one who does good work will ever come to a bad end, either here or in the world to come.
Bhagavad Gita
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