Posts tagged ‘Narendra Modi’

11/06/2014

China Tries to Woo India’s Prime Minister Narendra Modi – Businessweek

China is courting Narendra Modi. The Indian leader became prime minister last month after his Hindu nationalist party won a landslide victory, and in his campaign he promised to take a tougher stand toward China. India says China occupies 38,000 square kilometers (about 15,000 square miles) of its territory in the northern state of Jammu and Kashmir. China says no, India is the guilty party because 90,000 sq. km. of land in the Indian state of Arunachal Pradesh are actually Chinese.

China Tries to Woo India's Prime Minister Narendra Modi

China made progress toward settling the dispute under Modi’s predecessor, the Congress Party’s Manmohan Singh. Following Congress’s humiliating defeat in the elections, the Chinese need to work harder to prevent relations from deteriorating anew.  Hence the glowing words from Foreign Minister Wang Yi on Monday in New Delhi. “China-India cooperation is like a massive buried treasure waiting to be discovered,” he said, telling reporters the two sides are close to a deal on the border. “We are prepared to reach a final settlement,” said Wang.

Any deal would provide a much-needed diplomatic victory for China. With Chinese and Vietnamese ships ramming one another in the South China Sea and Chinese and Japanese planes confronting each other in the skies over the East China Sea, the Chinese government has enough territorial disputes threatening to escalate into full-blown crises. Yesterday, China appealed to United Nations Secretary-General Ban Ki-moon regarding what the Chinese called “Vietnam’s provocation” against a Chinese company’s offshore oil rig. China wants “to tell the international community the truth and set straight their understanding on the issue,” deputy permanent representative Wang Min said.

via China Tries to Woo India’s Prime Minister Narendra Modi – Businessweek.

10/06/2014

Indian PM Modi meets with Chinese FM – Xinhua | English.news.cn

Indian Prime Minister Narendra Modi Monday met here with visiting Chinese Foreign Minister Wang Yi, the special envoy of Chinese President Xi Jinping.

INDIA-NEW DELHI-PM-CHINA-WANG YI-MEETING

During the meeting, Wang conveyed greetings and messages from President Xi and Chinese Premier Li Keqiang to Prime Minister Modi.

The Chinese president said in his message that he believes India will obtain greater development and progress under the leadership of Prime Minister Modi.

The Chinese president said that as two important forces in the process of multi-polarization of the world, China and India share far more common interests than differences and that the two countries are long-term strategic cooperative partners rather than adversaries.

The Chinese president pointed out that the dreams of both China and India to build a strong nation and to upgrade the living standards of their people have a lot of commonalities and the two countries should make an in-depth convergence of their development strategy, support each other with their respective strengths, build a close development partnership, and hold hands to realize peaceful development, cooperative development, and inclusive development, in order to benefit their people and enhance peace, stability and prosperity of Asia and the whole world.

Prime Minister Modi said that the important message from President Xi Jinping has given a clear guidance for developing bilateral relations.

Modi said he highly appreciates the achievements in the field of development made by China and personally cherishes a friendly feeling toward China.

Modi said India’s new government is willing to join China to give a clear signal to the world that the two countries are dedicated to common development.

He suggested that the two countries maintain exchange of high- level visits, consolidate strategic trust, and use each other’s strengths to deepen cooperation in the fields of infrastructure, manufacturing, and IT industry.

Modi also said that India and China should develop their resources of two ancient civilizations to enhance cooperation and increase exchanges in humanity.

On the boundary issue, he said the two countries should commonly maintain peace and tranquility on the border areas in order to provide guarantees to the development of bilateral relations.

Foreign Minister Wang said that China and India are now standing at a new historical starting point of developing their relations and in the meantime are faced with important opportunities of their own development.

He said that China is ready to realize convergence with India in the fields of development theories and ideas, exchange and learn from each other in practice and theories of governance.

Wang said China is also willing to realize convergence of development strategies with India and let the “Look East” policy of India meet and confluence with China’s acceleration of opening its western regions.

The two countries should also use their respective strong points to support and supplement each other in their respective development, he said.

Wang said as the two ancient civilizations, China and India should join each other to make new contributions to human civilization and progress. He also suggested that the two countries properly control and manage their boundary problem to seek a mutually acceptable, fair and reasonable solution to the boundary issue.

via Indian PM Modi meets with Chinese FM – Xinhua | English.news.cn.

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10/06/2014

India’s Modi calls for greater cooperation with China | Reuters

Indian Prime Minister Narendra Modi urged greater cooperation with China on Monday and said he planned to visit Beijing soon, underlining his administration’s promise to make a new beginning with the country’s giant neighbor.

India's Prime Minister Narendra Modi comes out of a meeting room to receive his Bhutanese counterpart Tshering Tobgay before the start of their bilateral meeting in New Delhi May 27, 2014.   REUTERS/Adnan Abidi

India and China have rapidly expanded commercial relations in recent years but political ties remain difficult, after a dispute over their Himalayan border that led to a war in 1962.

But Modi, who took power last month, is seeking to engage with India’s neighbors, including China. A peaceful and stable neighborhood would help him pursue his economic goals at home.

On Monday, he met Chinese Foreign Minister Wang Yin, who was visiting India as a special envoy of China’s president to build ties with the new administration in New Delhi.

On Sunday, Wang had a meeting with his Indian counterpart, Sushi Sward, that lasted more than three hours. It was the first high-level engagement between the two countries since Modi assumed office.

“The two sides will remain in touch through the diplomatic channel to make necessary arrangements for these visits and for other meetings and exchanges of leaders on the sidelines of multilateral summits,” the Indian foreign office said in a statement after Wang’s meeting with Modi.

It gave no other details. Modi has already invited Chinese President Xi Jin ping to visit New Delhi later this year.

India was once viewed as a rival to China’s economic juggernaut. Both the economies have slowed in the past two years, but India’s slowdown has been dramatic.

Asia’s third-largest economy grew 4.7 percent in the fiscal year that ended in March. That was the second straight year of sub-5 percent growth, the longest slowdown in more than a quarter of a century.

Modi, who last month won the strongest parliamentary majority in the past 30 years on a promise of economic revival and jobs, wants to push infrastructure and skill development – a model followed by China to boost economic growth – to promote a turnaround.

“Scale, skill and speed. If these three strengths we can stress upon, then we can rise to the challenge of competing with China,” he said at a book launch event on Sunday.

via India’s Modi calls for greater cooperation with China | Reuters.

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08/06/2014

Chinese foreign minister Wang Yi holds talks with Sushma Swaraj – The Times of India

In the first high-level interaction with the new dispensation here, Chinese foreign minister Wang Yi on Sunday held talks with his Indian counterpart Sushma Swaraj and discussed ways to strengthen cooperation in key areas including trade and investment.

Wang, who is special envoy of Chinese President Xi Jinping, arrived in the wee hours to establish political contacts with the new Indian government amid hopes of an upswing in bilateral ties due to Prime Minister Narendra Modi‘s familiarity with China.

Both Wang and Swaraj were assisted by their delegations which comprised of senior officials from the foreign ministry.

via Chinese foreign minister Wang Yi holds talks with Sushma Swaraj – The Times of India.

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06/06/2014

Modi govt to promote civilian settlements along India-China border – The Times of India

The Narendra Modi government may not only strengthen ITBP deployment and infrastructure along the India-China border, but also promote civilian settlements in border areas.

China-India Map

Unlike the UPA regime that was reluctant to undertake aggressive deployment of troops in stretches close to the India-China border, the Union home ministry may now go for a formal survey of the border gaps and come up with a fresh deployment plan to ensure that ITBP troops are in good strength to discourage incursions on part of the Chinese troops into Arunachal Pradesh and Ladakh.

In addition to that, road connectivity will also be strengthened along the border areas. The strengthening of infrastructure will also cover construction of bridges and better mobile connectivity through setting up of BSNL towers.

However, a significant move on part of the Centre would be to promote human settlements towards Indian side of the India-China border. This, sources pointed out, would help reinforce India’s claim to the area in any subsequent border settlement negotiations. A senior government functionary recalled former Prime Minister Atal Bihari Vajpayee‘s insistence on leaving human settlements untouched while working out the border demarcation.

Meanwhile, with reports indicating that Chinese President Xi Jinping may visit India later this year, there is renewed hope among the people of Arunachal Pradesh that the stapled visa issue would finally be settled. “The two leaders wield all the power to have the final word on betterment of India-China ties,” a senior government functionary pointed out.

via Modi govt to promote civilian settlements along India-China border – The Times of India.

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06/06/2014

Timeline: Indian Prime Minister Visits to the U.S. – India Real Time – WSJ

Indian Prime Minister Narendra Modi, who took office just last month, has accepted an invitation from President Barack Obama to visit Washington D.C. in September.

If the visit happens as scheduled, he will be the latest leader of the world’s largest democracy to visit the world’s second largest democracy.

The relationship goes both ways. U.S. Presidents going back to Dwight D. Eisenhower have made visits to India. Click here to see the list of U.S. presidents who have made the trek to South Asia.

While most Indian Prime Ministers had official visits to the United States, six Indian premiers–including Lal Bahadur Shastri and H.D. Deve Gowda–did not visit the states while they were in office.

Here is a list of some of the trips made by prime ministers according to the U.S. Department of State.

Jawaharlal Nehru: The first prime minister of independent India went to the U.S. in 1949 and then in 1956 at which time he visited Washington D.C. and Pennsylvania.

Indira Gandhi:  Ms. Gandhi visited the U.S. three times during her years in office. Her first visit was in 1966 when Lyndon B. Johnson was the president. Her second visit came in 1971 and her final visit was in 1982.

Indira Gandhi, left, stood next to Richard Nixon during an official ceremony during her visit to the U.S. in November 1971. Agence France-Presse/Getty Images

Morarji Desai: Mr. Desai went to the U.S. in 1978 visiting New York, San Francisco and Omaha.

Morarji Desai. Keystone/Hulton Archive/Getty Images

Rajiv Gandhi: Mr. Gandhi visited the U.S. two times in 1985 and once in 1987. He was assassinated two months after his 1987 visit.

Rajiv Gandhi addressed a crowd during election campaign rally at Faizabad in Uttar Pradesh. Agence France-Presse/Getty Images

P.V. Narasimha Rao: Mr. Rao–who is credited for starting to open India’s economy– visited the U.S. twice during his four years in office. He met President George H.W. Bush during a U.N. Security Council Summit in New York in 1992.  He visited again two years later to address a joint meeting of the U.S. Congress.

P.V. Narasimha Rao, left, with Hillary Clinton. Douglas E. Curra/Agence France-Presse/Getty Images

Inder Kumar Gujral:  Though Mr. Gujral served as India’s prime minister for less than a year, he found time to visit New York where he met President Bill Clinton at the U.N. General Assembly in 1997.

Inder Kumar Gujral. Sena Vidanagama/Agence France-Presse/Getty Images

Atal Bihari Vajpayee: Mr. Vajpayee—the last prime minister from Mr. Modi’s Bharatiya Janata party–visited the U.S. four times during his five years in office, twice in 2001 and once each in 2002 and 2003.

Atal Bihari Vajpayee, right, posed for photographs with George W. Bush in New York, Sept. 24, 2003. Luke Frazza/Agence France-Presse/Getty Images

Manmohan Singh: Mr. Singh was the prime minister for close to ten years until last month. He visited the U.S. on no less than seven occasions.

via Timeline: Indian Prime Minister Visits to the U.S. – India Real Time – WSJ.

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06/06/2014

Modi’s Big Chance to Fix India – Businessweek

After five weeks of staggered voting, more than 550 million ballots cast, and almost $5 billion spent, the world’s largest democracy finally has a new leader. Yet the question that has loomed over India’s long campaign remains: What kind of leader is Narendra Modi going to be?

Narendra Modi speaks to supporters in Vadodara, India, on May 16

Modi fought an impressive campaign focused mostly on the right issues. He successfully cast the election as a referendum on who could better deliver jobs, government services, and economic growth: himself or Rahul Gandhi, the ruling Congress party’s heir apparent. The landslide victory of Modi and his Bharatiya Janata Party—the biggest for any party since 1984—testifies to Indians’ hunger for decisiveness and efficiency after years of policy drift and corruption scandals.

Yet voters have little idea how Modi will govern. He has given no sign of how far he’ll challenge his own supporters on economic and social policies. Investors expecting miracles are in for a letdown, because India’s political system is bound to intervene. According to JPMorgan Chase (JPM), about 70 percent to 80 percent of regulatory and other roadblocks impeding big industrial projects aren’t within Modi’s power to remove. Even so, he needs to make progress where he can.

via Modi’s Big Chance to Fix India – Businessweek.

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06/06/2014

India Fights Electricity Theft as Modi Pledges Energy Upgrade – Businessweek

Inspectors from billionaire Anil Ambani ’s electricity provider, BSES Rajdhani Power , entered a village near New Delhi on May 21, hunting for meters that were tampered with to show artificially low power consumption. Residents stoned and beat them with iron rods, a police report shows. Inspectors visiting a nearby village in 2012 were bound and urinated on, say two company officials who asked not to be identified, because the information isn’t public.

India Fights to Keep the Lights On

The attacks highlight how hard it is for India’s power industry to stem electricity theft, which is contributing to blackouts and costs $17 billion in lost revenue annually, according to calculations by Bloomberg. It’s a big challenge for new Prime Minister Narendra Modi , who has pledged to boost energy output. Billing rates “are too low, and theft is too high. If you look at the power losses, 80 percent is theft,” says Ratul Puri, chairman of Hindustan Powerprojects , a privately held power plant operator.

The government requires electricity distributors to sell power to consumers below cost. That forces them to borrow heavily to pay power-generation companies. Distributors that sell to consumers in Delhi state, including BSES, owed 141 billion rupees ($2.4 billion) to state-run power generators as of April 30, India’s Ministry of Power says. To help electricity retailers, the government has come up with a plan that shifts some of this debt to regional governments and eases payment terms on the rest.

via India Fights Electricity Theft as Modi Pledges Energy Upgrade – Businessweek.

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25/05/2014

BBC News – Pakistan PM Sharif to go to Modi inauguration in India

Pakistan’s Prime Minister Nawaz Sharif is to attend the inauguration of Narendra Modi as Prime Minister of India on Monday. Narendra Modi (L), Nawaz Sharif (R)

It is the first time since the two countries won independence in 1947 that a prime minister from one state will attend such a ceremony in the other. The two nuclear-armed rivals have fought three wars in the past 60 years. Mr Modi is seen as a hardliner on national security issues. His BJP party advocates a tough stance on Pakistan. But correspondents say his huge election victory gives him a mandate to reach out to Pakistan in a way the previous administration could not.

Bilateral ties suffered badly in the wake of the 2008 attacks in the Indian city of Mumbai, when 166 people were killed by Pakistani gunmen. Relations improved slightly under outgoing PM Manmohan Singh, but there are still regular skirmishes on the disputed border in Kashmir.

Mr Singh was invited to Mr Sharif’s inauguration last year but did not attend.

via BBC News – Pakistan PM Sharif to go to Modi inauguration in India.

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24/05/2014

Modi’s Big Chance to Fix India – Businessweek

After five weeks of staggered voting, more than 550 million ballots cast, and almost $5 billion spent, the world’s largest democracy finally has a new leader. Yet the question that has loomed over India’s long campaign remains: What kind of leader is Narendra Modi going to be?

Narendra Modi speaks to supporters in Vadodara, India, on May 16

Modi fought an impressive campaign focused mostly on the right issues. He successfully cast the election as a referendum on who could better deliver jobs, government services, and economic growth: himself or Rahul Gandhi, the ruling Congress party’s heir apparent. The landslide victory of Modi and his Bharatiya Janata Party—the biggest for any party since 1984—testifies to Indians’ hunger for decisiveness and efficiency after years of policy drift and corruption scandals.

Yet voters have little idea how Modi will govern. He has given no sign of how far he’ll challenge his own supporters on economic and social policies. Investors expecting miracles are in for a letdown, because India’s political system is bound to intervene. According to JPMorgan Chase (JPM), about 70 percent to 80 percent of regulatory and other roadblocks impeding big industrial projects aren’t within Modi’s power to remove. Even so, he needs to make progress where he can.

A good place to start would be to keep an election promise to introduce a combined goods and services tax—something Modi’s own party has long opposed, because it would force revenue losses on state governments. (Modi could offset some of the losses using central revenues.) He should move to phase out petroleum subsidies. He should give state and local governments greater flexibility in regulating labor markets, land sales, and more. Economic competition among the states is key.

Above all, India’s new leader must also reach out to the country’s Muslims—assuring them that he recognizes they are full and valued citizens entitled to an equal measure of security, trust, and respect. Modi’s campaign was based in part on a simple point: India can no longer afford to muddle through, endlessly avoiding difficult decisions. Now it’s time to deliver.

via Modi’s Big Chance to Fix India – Businessweek.

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