Flood-hit Bihar gets relief of Rs 500 Crore from PM Modi

Prime Minister Narendra Modi on Saturday announced a prompt alleviation of Rs 500 crore for flood hit Bihar in the wake of undertaking an aerial overview of affected areas. He declared an ex gratia of Rs 2 lakh to the families of those killed and Rs 50,000 for those harmed by the flood.

The Prime Minister was joined by Bihar Chief Minister Nitish Kumar and Deputy Chief Minister Sushil Modi. He also discussed relief and recovery work with them in detail.

He guaranteed both that he would be sending a central team to promptly survey the flood related misfortune in the state. He instructed keeping in mind the end goal to evaluate the cases of farmers’ harvest protection; the insurance agencies ought to send their managers to the flood affected areas with the goal that they can be given alleviation instantly.

The Road and Transport Ministry has additionally been coordinated to make fitting move to repair all flood harmed streets and electricity framework in the state.

More than one crore seventy lakh individuals have been affected by the floods in the state. The loss of life has mounted to 415, with 21 areas being affected by the storm.

To handle the flood danger, the Prime Minister talked about flood control in the outskirt regions with Nepal Prime Minister Sher Bahadur Deuba in his current visit to India. The two additionally concurred that a detailed report of Saptakosi high dam project and Sunkoshi storage cum diversion plan would be arranged soon.

Sources: News18, ANI

UK govt. freezes Dawood Ibrahim’s assets

The United Kingdom government recently confiscated the property owned by the underworld don Dawood Ibrahim, making it a major diplomatic victory for India. His total assets are reported to be worth $6.7 billion.

According to Times Now, a massive crackdown has been initiated by the UK government against the India’s most wanted. In 2015, Prime Minister Narendra Modi during his tour handed over a dossier concerning the underworld gangster to his then British counterpart David Cameron.

This move by the UK government has been appreciated and welcomed by the Minister of State for Home Affairs Hansraj Gangaram Ahir.

As per PTI’s reportage from August 22, Dawood remains the only “Indian national” on an updated list of financial sanctions released by the UK which also listed 21 aliases for the underworld don.

Dawood is said to be based in Pakistan currently. He is the main accused in the 1993 serial bomb blasts case in Mumbai that killed over 260 people and injured more than 700. He fled the country post the bombings and is understood to be hiding in Pakistan.

However, Pakistan has repeatedly denied his presence in the country.

Sources: Economic times and Times Now 




Bullet train to revolutionise Indian Rail Network

Railway minister Piyush Goyal announced plans for the construction of India’s most ambitious high-Speed Rail Project between Mumbai and Ahmedabad.  also adding that said that train has not seen a single accident in Japan.

Goyal said, “The coming of bullet trains to India will not only boost employment but also will help India to export it.”, also adding that the train has not seen a single accident in Japan.

According to Mr. Goyal, the Indian Railways is set to undergo radical changes for the good under the directions of the Prime Minister.

Prime Minister of Japan, Shinzo Abe will also be visiting India for the foundation stone laying ceremony of the highspeed rail link between the two major cities of Mumbai and Ahmedabad. The main aim of the visit being to promote Shinkansen technology for Indian railways., with China also aiming to win orders for the projects, the Japan Times had reported, earlier in August.

With services planned to commence in 2023, the 500-km railway will link Mumbai and Ahmedabad in Western India. Known for its safety and comfort, the train is based on Japanese high-speed technology called Shinkansen India has pledged to build high-speed railways.

News Source: ANI, Financial Express

Image Source: ANI

Pak violates ceasefire along LoC in Poonch 

Pakistan early today violated the ceasefire along the Line of Control (LOC) in Poonch district of Jammu and Kashmir. It resorted to firing on forward posts, reported PTI.

The firing from across the border in Debraj, Krishna Ghati and Ishapur in Mendhar sector started at around 10.30 am, resulting in retaliation by Indian troops guarding the border, a police official informed PTI. The fire continued for a significant time until the last report was received by the police official. However, no immediate casualty was reported.

On September 7, two Army porters were injured in Pakistani firing, which lasted for 10 minutes. In similar event on September 1, assistant sub inspector (ASI) Kamaljit Singh of Border Security Force (BSF) succumbed to death after suffering from bullet injuries. He was provided medical aid but could not make it.

Similar events of Pakistan violating the ceasefire have occurred earlier this month on September 4 and September 3. The timeline of Pakistan violating ceasefire continues late in August, on August 30 and August 26. On August 26, BSF troops had retaliated against violations and killed three Pakistani Rangers. On 25 August, a BSF Jawan was injured in sniper fire by Pak Rangers along the IB in Jammu.

Source: PTI



BRICS brings relief to Indo-Sino crisis

Asian geopolitics has been at the forefront in recent times with China and India being the major players in the space of negotiations. The two countries were a highlight of the recently held 9th BRICS Summit at Chinese coastal city of Xiamen between September 3 and 5.

The talks at Xiamen looked difficult due to the hostility that Beijing and New Delhi had shown in the backdrop of the Doklam standoff. However, August 26 marked a landmark date for the Asian giants as it put an official end to the two and a half months long standoff in Bhutan between the two countries. 70 days of the Indo-China crisis ended a week before the BRICS summit when the Asian powers decided to join hands in diplomatic talks to end the crisis. Negotiations yielded results when India withdrew its troops from the Doklam region of Bhutan and China and ceased its road building activities in the border.

Given the importance of the BRICS’ card for China, it was not surprising that Beijing pulled back its activities ahead of the summit. China has always been an active member of BRICS. Shanghai’s primary role in the New Development Bank could be one of the major reasons for explaining the steps taken by Beijing for participating in international dialogue. Additionally, overt international support for India from the USA, UK and Japan meant a common message for Beijing.

As far as the Indian narrative is concerned, she withdrew her forces after the Chinese side stopped the construction at the valley in Bhutan. However, if the activities resume, India has option to do the same. New Delhi took the decision after Beijing initiated negotiations to settle the dispute.  International support for India also paved the way for talks and negotiations and a stronghold in the global arena.

In the backdrop of the political crisis, Indian Prime Minister Narendra Modi and Chinese premier Xi Jinping have agreed to bring in the spirit of the “Astana consensus” to which they had agreed upon earlier in June this year at the Kazakhstan capital. Upholding similar spirits at Xiamen, both countries have agreed to work towards consensus building in agreeing to prevent differences from turning into disputes.


Sources: Indian Express, Livemint


India and Myanmar sign 11 agreements

As a step to further strengthen their relationship, India and Myanmar signed eleven agreements on September 6, 2017. This was done during Prime Minister Narendra Modi’s first bilateral visit to Myanmar, where he held wide-ranging talks with the State Counsellor Aung San Suu Kyi.

Maritime Security cooperation was one issue covered, while another agreement was concerned with sharing white shipping information to improve data sharing on non-classified merchant navy or cargo ships. An MoU was signed between the Election Commission of India and the Union Election of Myanmar and another was signed to organise cultural exchange programme for the period 2017-2020.

Cooperation between Myanmar Press Council and Press Council of India, cooperation in Medical Products Regulation, in the upgradation of the women’s police training centre at Yamethin in Myanmar, and an extension of agreement on the establishment of India-Myanmar Centre for Enhancement of IT skill were other arenas covered by separate agreements.

Modi arrived in Myanmar as part of his two-nation trip, during which he travelled to the Chinese city Xiamen for the annual BRICS summit.

The signing of these agreements is a step to enhance the relationship with one of India’s most strategic neighbors, which also shares a 1,640-km-long border with a number of north-eastern states including Nagaland and Manipur.


Sources: India Today, Economic Times

Govt planning 2% incentive on digital payments

The digital payments may soon become less expensive as the government is mulling over a 2% incentive on the same. In a move to encourage digital transactions and discourage cash payments, the government plans for a 2% relief on the applicable GST tax rate in digital payments that are billed up to Rs 2,000.

According to The Economic Times, the proposal which can be seen as a benefit either as a discount or cash back, is currently being discussed in the Finance Ministry, cabinet secretariat, RBI and Ministry of Electronics and IT.

The IT ministry has been leading the government’s efforts to encourage digital payments and has been considering initiatives that may popularise electronic payments further. PM Modi addressing the nation on 71st Independence Day, asked people to use less cash and Modi has been in favour to boost digital payments which has prompted various government departments to facilitate their acceptance.

As per TOI reports, a recent high level meeting took place which analysed digital payments post demonetization and was attended by IT Minister Ravi Shankar Prasad and senior officers from other government ministries including the finance ministry and the cabinet secretary’s office.

A TOI source also stated, “Transactions of up to Rs 2,000 are very high in volumes and if an incentive can be given here, it will provide an impetus to digital payments while facilitating the entry of more people within the formal economy. This will help plug leakages while playing a credible part in countering the development of black money.”

But as of now the route which the government may suggest for providing the 2% incentive is unclear.