Troubled Galaxy Destroyed Dreams, Chapter 286
Palash Biswas
India, China and the USA - Jane's Security News
2 Apr 2003 ... "The USA and India both view China as a strategic threat and share an interest in understanding Chinese strategic intent, though we do not ...
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Many analysts see a stronger U.S. relationship with India as part of a longer-term effort to check China's influence in Asia. India's leaders have dismissed ...
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13 Jan 2005 ... By the year 2020, China and India will be vying with the United States for global economic supremacy, the nation's top intelligence analysts ...
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12 Apr 2005 ... In addition, the USA is an extremely important trade partner for India and China. Russia will not be able to make a competition at this ...
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War and Peace
30 Jan 2009 ... Going beyond the story of South Asia, WAR AND PEACE follows the extraordinary ... which manifests itself in the nuclear arms race between them. ... WAR AND PEACE makes it clear that India's nuclear mania appeals not only ...
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Cornell University Southeast Asia Program. p. 27. ISBN 087727102X. .... It is all about WAR mania and Blind nationalism to justify the SWISS Bank accounts, ARMS Race and defence Deals resultant in WARS and CIVIL War! ...
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Previously:Delhi the next Monaco - A F1 race in 2009 in India? ... Tell me, who had the last say in THAT tug-of-war? Indeed! ... I thought we were American Idol brothers in arms and supposed to share such interesting info :-) ... SAJA, Sarcasm, Science, Shameless Self Promotion, South Asia, Sports, College Football ...
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Take arms against usurpers who would see to take the power of the Shogunate ... Top Speed Beta / Closed Beta Southeast Asia's newest race has begun with Top ...
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But the secret was vulnerable and gave rise to a mania for security: Truman ... The subsequent invasion of South Korea by the North focused the growing sense of ... mil- itary (as opposed to political) threat, both in Asia and in Europe (Donovan 1982). ..... The thaw in the Cold War did not extend to the arms race. ...
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3 Jul 2009 ... Slow-moving arms races - not so much. ... Asia by stationing about 70000 troops in Japan and South Korea compared to 48000 in Afghanistan. ...
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4 May 2009 ... He saw extensive action in World War II (North Africa, Italy and Southeast Asia) as a ..... 1957 - In Geneva, he ran the Arlington Arms, a quiet hotel ... and Robin Masters compete in a Hawaiian yacht race together. ...
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Life after the nuclear dealHindustan Times - 1 hour ago After the 'happy marriage' of the George W. Bush years, which were built on the courtship of Bill Clinton in 2000, US-India relations in the Barack Obama ... Committed to implement N-deal, US assures India Indian Express Hillary to launch 'US-India 3.Express Buzz - 9 hours ago On the eve of her departure, a senior State Department official made it clear that the Indo-US civil nuclear deal is on track, asserting that there is no ... Hillary's visit will boost N-deal Chandigarh Tribune Indo-US nuke deal 'not off-track', says USPress Trust of India - - Jul 15, 2009 Washington, July 15 (PTI) The US today sought to allay any apprehensions over the future of the Indo-US nuclear deal, saying the landmark pact was "not ... General Kapoor to visit US from July 20-25Sify - 5 hours ago The number of bilateral agreements signed between both countries in the recent past in diverse fields including the civil nuclear deal is a testimony to our ... Nuke deal transformed Indo-US relationship: Indian Ambassador to USIndian Express - Jul 13, 2009 Asserting that the landmark Indo-US civilian nuclear deal has transformed the relationship between the two countries, Indian Ambassador to the US Meera ... Embassy Row Washington Times L'Aquila summit unfolded a different story for India: CPMZee News - 36 minutes ago "This, in one stroke, declared that the promised full civilian nuclear co-operation advocated by India as the core of the Indo-US nuclear deal was simply ... New clear setback: G8 moves to dilute N-dealIBNLive.com - Jul 12, 2009 US may have cast a spanner in Indo-US N-deal. ibnlive.com is on mobile now. Read news, watch videos be a Citizen Journalist. Log on to m.ibnlive.com NOW! ... The nuclear games begin Indian Express India not worried by G-8 decision on N-issue: Pranab Indian Express Looking beyond the nuclear dealHindu Business Line - Jul 8, 2009 No international issue in India's post-Independence history evoked as much domestic and international controversy as the Indo-US Nuclear Deal concluded on ... BJP not surprised by G8 negationHindu - - Jul 11, 2009 Senior BJP leader Arun Shourie, who had been articulating the party's opposition to the nuclear deal before it was sealed, said that only very recently did ... Indo-US trade can reach $320 bn in 10 years: CIIHindu - Jun 21, 2009 ... said that the bilateral trade between India and the US can touch 320 billion dollars in next 10 years due to the recently concluded civil nuclear deal. ... |
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Introduction to India's Foreign Policy, Embassy of India ...
The foundations of India's foreign policy were laid during the freedom movement when our leaders, even when fighting for independence, were engaged with the ...
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India's Foreign Policy (Delhi University, 19 January 2009) S.Menon
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CBSNewsOnline India gets its Universal soldier | ||||||
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Troops to be armed with self-injecting solutions during chemical wars; will also carry anti-cyanide drug vials |
With the rising threat of nuclear and biological warfare in a terrorised world, the country's defence forces are gearing up to deal with fatal chemical attacks.
Army 2020 Video results for Universal Soldier
Universal Soldier
2 min 18 sec
www.youtube.comUniversal Soldier Trailer
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www.youtube.comUniversal Soldier
So for the time being Universal Soldier is being stood down. I'll almost certainly start blogging elsewhere. I might be back here at some point. We'll see. ...
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Universal Soldier: The Return (1999) More at IMDbPro »
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Universal Soldier
From Wikipedia, the free encyclopedia
Universal Soldier may refer to:
Music
- "Universal Soldier" (song), a song by Buffy Sainte-Marie
- Universal Soldier (1967 Donovan album)
- Universal Soldier (1995 Donovan album)
- Universal Soldier (Pastor Troy album)
Film
- Universal Soldier (1971 film)
- Universal Soldier (1992 film)
- Universal Soldier II: Brothers in Arms, a 1998 direct-to-video sequel.
- Universal Soldier III: Unfinished Business, another direct-to-video sequel.
- Universal Soldier: The Return, the official sequel to Universal Soldier.
- Universal Soldier (cyborg), the cyborg type in the 1992 Universal Soldier film series
- Universal Soldiers: The Next Generation, the third film in the Universal Soldier series planned for a late 2009 release
Other
- A rebranded version of the Turrican 2 video game
[edit] See also
Universal Soldier (1992 film)
From Wikipedia, the free encyclopedia
| Universal Soldier | |
 Theatrical release poster | |
| Directed by | Roland Emmerich |
|---|---|
| Produced by | Mario Kassar Allen Shapiro |
| Written by | Richard Rothstein Christopher Leitch Dean Devlin |
| Starring | Jean-Claude Van Damme Dolph Lundgren Ally Walker Ed O'Ross |
| Cinematography | Karl Walter Lindenlaub |
| Editing by | Michael J. Duthie |
| Distributed by | TriStar Pictures |
| Release date(s) | July 10, 1992 |
| Running time | 102 min. |
| Language | English |
| Budget | $23,000,000 (estimated) |
| Followed by | Universal Soldier II: Brothers in Arms |
Universal Soldier is a 1992 science fiction film, directed by Roland Emmerich, and starring Jean-Claude Van Damme and Dolph Lundgren as soldiers who kill each other in Vietnam but are reanimated in a secret Army project along with a large group of other previously dead soldiers.
Contents[hide] |
[edit] Production
The film was followed by two television movie sequels in 1998 — Universal Soldier II: Brothers in Arms and Universal Soldier III: Unfinished Business — with an all new cast.
In 1999, a theatrical sequel, Universal Soldier: The Return, ignored the television films, with only Van Damme returning from the original film.
This was the last film encoded in Cinema Digital Sound.
Deveraux's code number GR44 is a reference to director Roland Emmerich's first film Moon 44.
Most of the film was shot in Arizona. The Vietnamese jungle and village scenes were shot on a golf course in Clarkdale, Arizona. Some exterior scenes were shot on location at the Hoover Dam and Clarkdale, Arizona.
At the 1992 Cannes film festival, Van Damme and Lundgren were involved in a verbal altercation that almost turned physical when both men pushed each other only to be separated. On his website, Dolph Lundgren confirmed that it was just a publicity stunt to promote the film.
Universal Soldier is Rated R for strong graphic violence and for strong language.
The original script included a voice-over announcement that Devereaux had died several days after the end of the film.
[edit] Plot
Near the end of the United States' involvement in the Vietnam War, an American military squad receives orders to secure a village against North Vietnamese forces. Pvt. Luc Deveraux (Jean-Claude Van Damme) comes to find the members of his squad and various villagers dead with their ears missing. His comrade in arms, Sgt. Andrew Scott (Dolph Lundgren) is the cause of this, having gone murderously insane. Deveraux finds that Scott, while holding up a string of severed ears, is also holding a young boy and girl hostage. Deveraux tries to reason with Scott, saying that the war is over. Scott becomes infuriated and shoots the boy in front of him, then orders Deveraux to shoot the girl in order to prove his loyalty.
Deveraux refuses and stops Scott from shooting the girl. The girl attempts to escape, but Scott throws a grenade at her, killing her. Luc and Scott shoot each other and both are killed. The next morning, a U.S. Special Forces squad finds their bodies and the commanding officer of the squad gives the medics orders to "bag their bodies in ice."
Jumping to modern day, terrorists have taken over the Hoover Dam and the police agencies are ordered not to intervene or make any attempt to rescue the hostages. Instead, the Universal Soldiers (or "UniSols"), an elite counter terrorism unit, are called with Deveraux (now designated "GR44") and Scott (now designated "GR13") among this team. They apparently have been revived with no memory of their previous lives. Deveraux has flashbacks of his previous life, including a deleted scene in which he meets a Vietnamese bar girl at a Vietnamese bar called "LUCKY'S".
Deveraux and Scott are sent in to dispatch several of the terrorists, with Deveraux using efficient means, but Scott using excessive force. Their camera feeds sent back to the command post garners concern with the project technicians, suggesting that despite being emotional blank slates, Scott is actually enjoying it. As the UniSols infiltrate the area, they demonstrate their superior training and physical abilities, as one of them (Ralf Moeller as GR74) is shown surviving close-range automatic gunfire.
After the area is secured, Deveraux begins to regain memory from his former life after seeing two of the hostages who resemble the villagers he tried to save back in Vietnam. Turning around, he looks upon the face of Scott (who is also experiencing the same memory) but as a Unisol, he doesn't say anything. This causes him to ignore radio commands from the control team.
Back in the mobile command center, the Unisol technician team are trying to figure out what happened at the Hoover Dam incident. They reveal that the UniSols have enhanced healing abilities and superior strength but also have a tendency to overheat and shut down. It is also revealed that they are given a neural serum to keep their minds under control and their previous memories suppressed. All of the UniSols are then ordered to go back into their cooling units and inject themselves with the serum. As a result of the glitch, Woodward (Leon Rippy), one of the technicians on the project, feels it may be better to remove Scott and Deveraux from the team until they can be further analyzed. But Colonel Perry (Ed O'Ross), the commander in charge, tells them that the mission will proceed as planned.
TV news journalist Veronica Roberts (Ally Walker) is attempting to get a story on the UniSol project in an attempt to be reinstated at her job, having previously been fired while covering the Hoover Dam incident. After speaking with representatives from the project, she receives evasive answers. She later sneaks onto the base with a camera to investigate the project further only to discover the body of a damaged UniSol who appears to be fatally wounded, but is still alive.
While attempting to escape, Deveraux and Scott are ordered to bring her back. She escapes to the car of her cameraman, but when the Unisols pursue, they cause the car to crash and overturn. Scott mercilessly executes the cameraman and Deveraux again intervenes, preventing him from shooting Roberts. They both escape in a UniSol vehicle.
After escaping, Scott mumbles to himself softly about Deveraux being a traitor, but none of the Unisol team realize it. Colonel Perry resolves to chase the reporter and Deveraux across country to prevent knowledge of the UniSols from getting out, not only to the public, but to the American government, as the nature of project is unknown by the Pentagon.
As Deveraux and Roberts hide out and attempt to get evidence of the UniSol program to the media, Roberts turns on the television to learn that she is now being framed for the murder of her cameraman. As the UniSol team is dispatched, Scott's previous personality begins to emerge, causing him to kill innocents. As the technicians realize what is happening, they attempt to stop him, only to be killed themselves. Scott then takes over the rest of the UniSol team.
Deveraux and Roberts travel around as Roberts tries to dig up more information about the UniSol program. They meet Dr. Gregor (Jerry Orbach), the originator of the program, who reveals the history of the project. Deveraux learns more of his past and wants to go home to meet his family in Louisiana.
After Deveraux reunites with his family, Scott tracks them down and takes his family and Roberts hostage. A brutal fight ensues with Scott beating Deveraux mercilessly due to the muscle enhancers he has. Roberts manages to escape from her bonds only to be seemingly killed by a grenade thrown by Scott. Scott continues to dominate Deveraux until he gets a hold of the muscle enhancers Scott uses and injects himself with one. Deveraux starts fighting back due to his new strength and manages to impale Scott on the spikes of a hay harvester. Deveraux then finishes Scott by starting the machine up which grinds him up. Finally, Deveraux checks on Roberts, who survived the explosion though wounded and the two embrace.
[edit] Casting
- Jean-Claude Van Damme – Luc Deveraux / GR44
- Dolph Lundgren – Andrew Scott / GR13
- Ally Walker – Veronica Roberts
- Ed O'Ross – Colonel Perry
- Jerry Orbach – Dr. Christopher Gregor
- Leon Rippy – Woodward
- Tico Wells – Garth
- Ralph Moeller – GR76
- Robert Trebor – Motel-owner
- Gene Davis – Lietenant
- Drew Snyder – Charles
- Tommy "Tiny" Lister – GR55
- Simon Rhee – GR61
- Eric Norris – GR86
- Michael Winther – Technician
- Kristopher Van Varenberg – Young Luc Deveraux (uncredited)
[edit] Alternate ending
The Special Edition DVD release features an alternate ending which takes place shortly after Scott takes Deveraux's family and Roberts hostage. As Deveraux grabs a shotgun in the kitchen, the front door opens and he sees his mother before Scott shoots her to death. In the final fight between Deveraux and Scott, Deveraux does not use Scott's muscle enhancers. Shortly after grinding Scott to death, Deveraux is shot by his father before Dr. Gregor and his men appear.
Dr. Gregor explains that he had Deveraux set up to get to him and Scott, and that Deveraux was living with people posing as his parents. He then has his men shoot down Deveraux. But before Deveraux dies, police and Roberts' news crew arrive. The news crew douse Deveraux with a fire extinguisher to stabilize him while Dr. Gregor and his men are arrested. Roberts is given the microphone to cover the arrest, but she loses all composure while on the air, dropping the microphone to comfort Deveraux.
Several days later, Deveraux is reunited with his real parents. The film ends with a eulogy narrated by Roberts, who explains that Deveraux rejected all life-prolonging medications before dying a natural death.
[edit] Reception
Universal Soldier opened in theaters on July 10, 1992 where it grossed $10,057,084 from 1916 theaters with a $5,249 per screen average and taking the 2nd spot. From there, it made $36,299,898 in US ticket sales, becoming a moderate hit. Overseas, it was much more popular, mostly opening at #1, making over $65 million overseas, which earned the film a total of $102 million worldwide, on a $23 million budget.
Mainstream critics dismissed the movie as a Terminator 2 clone, or as a typical, mindless action film. It was poorly received by other critics, and now holds a 23% "rotten" rating at Rotten Tomatoes (2008).
[edit] External links
- Universal Soldier at the Internet Movie Database
- Universal Soldier at Allmovie
- "Universal Soldier" at Dolph-ultimate
- Original New York Times Review
- Original Roger Ebert Review
India gets its Universal soldier!
Troops to be armed with self-injecting solutions during chemical wars; will also carry anti-cyanide drug vials!Antidotes to fight nerve damages and blisters!
We know all about Nandigram, Singur, Lalgarh and Gorkhaland INSURRECTIONS in Marxist Ruled Brahaminical Manusmriti State of West Bengal and the FOLLOW Up Repression, Genocides and Operations!
How the RULING Hegemony creates a DISTURBED Area in a Peace Zone for Political Economic milage, MANGALKOT is the latest Example! It is in the HEART of West Bengal Industrial Belt Durgapur Burdawn Mraxist Base! NINE elected MLAs along with Media Persons were thrashed and injured!
What did our Marxist friends learn from recent History?
THE CPIM Spokes Piece Dainik GANOSHAKTI published the lead story:
JANO ROSHE GRAMBASEERA PETALO MLA -DER!
Means the MLAS have been the VICTIMS of Public Anger and thus, they had been LYNCHED!
We are also aware of the LYNCHING Culture in West Bengal!
Ironically the Ruling marxist hegemony rejects the Democratic Political Process and pleads for PUBLIC Anger justifying the LYNCHING culture! Thus, the GESTAPO works!
Maoists did the same thing in Lalgarh and CPIM leaders, cadres and offices were targeted!The CENTRE and the STATE, jointly with GREEN SIGNAL from Mamata Bannerjee sent forces to FLUSH out the NON Existing maoists from Lalgarh branding TWO MILLION odd TRIBAL Aboriginal Population as MAOISTS!
Let us see how MANGALKOT succeeds to avoid LALGARH Destiny!
I had talks with two eminent editors on my CELL Phone number 91993717833 Land LINE being still DEAD thanks to BSNL!
I asked our dear friend Pankaj Bisht why we do not CONCENTRATE on the ECONOMY? The DIVESTMENT, SEZ, RETAIL, DEPORTATION Drives? Why do we fail to expose the faces behind ULTIMATE Hate Campaign? Why do we fail to DETECT EXTRA CONSTITUTIONAL Elements like MONTEK, PITRODA, NILEKANI and INDI INC CEOs running the POLITY as well as the ECONOMY? Wht about the SELL OFF List and NUMBER GAME of NILEKANI to BOOST REALTY Empire deporting REFUGEES, Tribals, Underclasses and SLUM Dogs? The SECRET Plan and AGENDAS being Acomplished with SURGICAL Precision and best of our BRAINS are WASHED out!
I asked Pankajda how we may defend our SUCIDE PRONE Marxists hoping the LEAD from them in national Resistance Movement while they transform as the Best Agent of Manusmriti, apartheid, TRI IBLIS satanic Order and REPRESSION ? While the y DEVIATE from Ideology and RUN BLIND on the US Super Highway of marxist capitalism? They DISCARD the HONEST OBC leader since 1964 for a BRAHMIN CORRUPT Vijoyan?
In fact, URMILESH is the person who pushed me into the ocean of Journalism. He is from my student life of Allahabad University JNU back ground!We met seldom during last thirty years! He is a very successful journalist and has done a lot to deal with NATIONALITY problems, my greatest CONCERN! We had a common friend named GORAKH Pandey! Rajesh Rahul was also in the gang!
We remebered the OLD GOLD days and the Company! Then we discussed nationality Problems and luckily, he also agrees that the STATE Creates INSURGENCY and TERROR Network to defend the interests of the ILLUMINATI and ELIMINATE the ABORIGINAL, Indigenous and Minority communities branding them TERRORISTS and EXTREMISTS! Thus, the BOOTY is yours! Thus, the MONOPOLISTIC Aggression remains rather a CAKE Walk!
Eminent writer GIR RAJ Kishore also called me to inform that he has got my Lalgarh diary! Girarj Ji happens to be most Staunch gandhian , I ever knew! His Cell Ring Tone is: vaishnav Jan Tene Kahiye!
Gir Raj ji also admits that the Challenge is all about Democracy, Social Justice, Equality and Political Process! Maoist MENACE is the LAME EXCUSE for DISPLACEMENT and CPTURE!
We do agree so easily! We do INTERACT!
What is the RESULT?
In fact, the UNIVERSAL Soldiers AMERICANISED, as DEHUMANISED Humanoid ROBOTS have been deployed in Indian Parliamentary System, Intelligentsia, Media and ECONOMY at such a SCALE that Indigenous Aboriginal Minority Communities, the Majority Enslaved MASSES, selected tp be ETHNICALLY ELIMINATED have no SPACE for any ESCAPE ROUTE!
PRANAB, MONTEK, CHIDAMBARAM,SIBAL, KAMALNATH, NILEKANI, MURLI DEWRA and the Washington Gang led by Dr Manmohan SINGH is the first HUMANOID Ministry forming the Government of India Incorporation which systematically kills every symptom and sign of DEMOCRACY in the COUNTRY to clear decks for MASS DESTRUCTION!
They may not create WAR MANIA against Pakistan any more as the Manusmriti Hegemony is COUPLED with United States of AMERICA and India has to bear with US MILITARY Presence not only Pakistan but everywhere in Asia! DR Manmohan Singh could not go far with his single point agenda of DEALING with Pak Sponsered Terror with Pakistan. The so much so HYPED EGYPT talks ended with DELINKING TERROR so groomed for Ramp Global!The prime ministers of Pakistan and India say action on combating terrorism should not be linked to their peace talks!
To justify the DEFENCE Budget and the ARMS shopping list, the INTELLIGENTSIA and Media had to locate a POTENTIAL THREAT to Indian Nation! They succeded and it is CHINA! Every deal is justified now! Blind Nationalism Enveloped our VISION!
Remember Jean-Claude Van Damme as the indestructible soldier armed with self-injectable energy boosters from the Hollywood flick Universal Soldier? Now, some parts of the thriller are ready to be replicated at our borders.
Silvester Stallone, Arnold Schwarzennegger, Steven Segal, Bruce Lee and Jackie Chan are the best known of the action stars but with the exception of Chan, Van Damme is the one who seems to be still most actively in the business. And these sorts of films are much less popular than they used to be.
Our MINISTERS, Parliamentarian, Policy Makers , Chief Ministers, Political Leaders and Ideologues, Intellectuals and Media personalities, Brands and ICONS do play as the Best ARMY of UNIVERSAL Soldiers efficient and competent for ULTIMATE DESTRUCTION and CALMITY Unprecedented!
Jean-Claude Van Damme has been in about a film a year for 15 years now, and has been the star performer in those films since 1985's No Retreat, No Surrender.
That's no mean achievement and shows that this action movie star has a market for his skills, as limited as they might be. The formula isn't Van Damme's alone but he's certainly the most prolific of the action movie stars.
The scenario almost invariably includes lots of hand to hand fighting, silly women and often children who need defending. The plots are stupid and concocted only to allow Jean-Claude to fight a lot and to show his sensitive side as he protects the women and/or children.
The mushy bits, accompanied by appropriate music, aren't ever romantic, Jean Claude could never manage that, but they serve to depict this action man as being a reluctant hero. He only beats people up, firstly because he can, but secondly because he has to.
India's government will try to raise most of its record borrowing needs by the end of September to leave more room for private
Officials from the central bank and finance ministry will meet on Thursday, a day earlier than planned, to finalise the calendar for record gross market borrowing of 4.51 trillion rupees ($93 billion) in the 2009/10 fiscal year (April-March).
Markets were spooked last week when the borrowing target was raised by a quarter from 3.6 trillion rupees as the government looks to fund a deficit now seen widening to a 16-year high of 6.8 percent of gross domestic product.
"The market certainly has appetite today because there is lot of liquidity," Finance Secretary Ashok Chawla said. "Therefore, we are trying to borrow more directly at this stage." Weekly auction sizes have ranged between 120 billion and 150 billion rupees since April, and Chawla said the size was unlikely to come down until September.
Bond dealers say that the market was comfortable with auctions of 150 billion rupees every week for now, as there was demand from banks for meeting their statutory liquidity reserve requirements and liquidity conditions were easy. Chawla said the central bank would support much of the borrowing programme by buying bonds from the open market, as it has already been doing, to ensure adequate funds in the market.
The government's heavy borrowing needs have raised concerns that private borrowers could be crowded out of the market, as federal debt soaks up investors cash, and delay expansion plans. Helping soothe nerves, the finance minister has said authorities might take more steps to make cheaper and adequate funds available to the private sector. "We are conscious of the fact as economy revives, which we hope it will in the next three months or so, there will be demand for more borrowing by other players," Chawla said.
With government borrowing concentrated in the first half of 2009/10, Chawla said conditions for private borrowers should improve from October. Earlier, Chawla told Reuters various ministries had been asked to submit proposals on stake sales in state-run firms by end of July so that the public offerings could be started. The cash-strapped government is banking on stake sales and auction of third generation wireless spectrum (3G) to help fill the budget gap.
The government's borrowing from the market in the 2009/10 fiscal year will be conducted in a non-disruptive manner, Reserve Bank of
She was responding to questions from reporters before attending a meeting to revise the borrowing schedule for the first-half of the fiscal year that began April 1.
The updated budget, announced earlier this month, raised the target to 4.51 trillion rupees ($93 billion) for 2009/10 from 3.62 trillion rupees announced in the interim budget in February.
Economic Times reports:
The government will come up with a road map for the sale of its stake in public sector companies by mid-August, finance secretary
He also said the finance ministry and the Reserve Bank of India would finalise the government's borrowing programme for the financial year on Thursday. The government will have to raise more than Rs 4 lakh crore this year to finance the highest fiscal deficit on record.
"We will have a clear road map in the next three or four weeks ... The government will retain 51%, but the roadmap for disinvestment in terms of actual companies ... is being worked out," he said at a Budget discussion organised by industry body CII.
While Mr Chawla declined to give the exact amount that will be raised through disinvestment in the current fiscal, another government official said the road map could target raising Rs 15,000 crore in current fiscal, depending on market conditions. The Economic Survey had recommended an annual disinvestment target of Rs 25,000 crore.
The public sector firms that figure in the road map include NHPC, Oil India and Tyre Corporation. Disinvestment in NHPC and OIL India alone is expected to fetch about Rs 3,500 crore. The finance ministry had, on Tuesday, held discussions with officials of some ministries to finalise the road map.
"The ministries have been consulted. They are going to look at what is feasible, what percentage is to go when. There is a certain process which takes time," he said.
Mr Chawla said the government plans to borrow Rs 15,000 crore every week till September as part of its effort to front load most of the current fiscal's total borrowing of Rs 4 lakh crore, or 40% of the total expenditure of over Rs 10 lakh crore. This is to leave room for private sector borrowers in the second half of the fiscal year, he said.
"As the economy revives, we hope it will in next three months or so, there will be demands for more borrowing by other players and therefore, we are trying to borrow more directly at this stage," he said.
The RBI will support the government through open market operations to meet its funding requirements and the effort is to ensure that private companies are able to find enough funds at the right cost. After the interim Budget, the government and RBI had come out with an indicative calendar for market borrowings for the first half and had pegged the requirements at Rs 2.41 lakh crore. Out of this, close to Rs 1.65 crore has already been borrowed.
Mr Chawla said there is enough liquidity in the system and market had good appetite which was evident from bond yields. The benchmark 10-year bond yield, which touched an all-time low of 4.86% in early January, rose to 7.37% by mid-March, its highest since November 2008, on concerns that the government will borrow heavily to fund economic growth. At present, the 10-year bond is hovering at 6.81%.
He also ruled out any plan to roll back tax cuts till there is firm economic recovery.
Mr Chawla said the government would pursue financial sector reforms that have been in the offing. To ensure better targeting of subsidies, the government was carrying out a systemic reappraisal to make them merit-based, he said.
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| US Secretary of State Hillary Clinton |
U.S. Secretary of State, Hillary Clinton will visit India's financial hub Mumbai before heading to New Delhi on Sunday where she will hold talks with senior Indian leaders, including Prime Minister Manmohan Singh.
She comes at a time when relations between the two countries have leaped forward. The foundations for the India-U.S. strategic partnership were laid during the previous Bush administration, which lifted a three-decade long ban on sale of civil nuclear technology to New Delhi, although India is not a signatory to the nuclear non-proliferation treaty.
Bharat Karnad, a security expert at New Delhi's Center for Policy Research says India is hoping that the Clinton visit will demonstrate that the Obama administration also intends to strengthen and deepen ties between the two countries.
"This is more of an exploratory trip for both sides," Karnad said. "Both sides are going to sound each other out, see where there is give, where can there be a bit more take, and serious talks and negotiations on a whole range of issues is then going to follow."
In recent months, policy makers and analysts in New Delhi have voiced concerns on several counts. Some worry that the Obama administration's focus on fighting Taliban insurgents in Afghanistan and Pakistan could take some attention away from India.
There are also fears that the Obama administration intends to put more pressure on India to sign the Comprehensive Test Ban Treaty, which New Delhi has long resisted.
Bharat Karnad says New Delhi will be seeking reassurance, rather than any new initiatives on such issues, during Clinton's visit.
"They are I think a bit apprehensive….in particular the Obama administration's emphasis on the Comprehensive Test Ban Treaty and trying to get India generally into the non proliferation treaty net," Karnad said. "These are concerns that I think have led to a little bit of worry on the part of Indian policymakers, and [they will want] to find out if U.S. policy remains the same, or if it is not the same, how much it departs from what it was in the time of President George W. Bush."
During the visit, the two sides are expected to finalize two agreements. India is expected to announce that it has set aside two sites for U.S. companies to build nuclear power plants, clearing the way for American businesses to get nearly $10 billion in business. The two countries are also scheduled to sign an agreement to ensure that U.S. arms technology sold to India is not leaked to third countries.
Naxal violence claimed 3,300 lives between 2004-08
More than 3,300 people have lost their lives in Naxal violence in ten states during last five
The annual report of the Home Ministry for 2008-09 says the killings in 7,806 incidents of Naxal violence took place in Chhattisgarh, Bihar, Andhra Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Orissa, Uttar Pradesh, West Bengal and Karnataka.
The highest casualties were in Chhattisgarh where a total of 1,250 people lost their lives in 2,654 incidents that took place between 2004-08.
The state saw 242 deaths last year, 369 deaths in 2007 and 388 deaths in 2006, the report said.
The Naxal violence claimed 776 lives in Jharkhand, one of the worst affected states, in last five years. In 2008 alone, the state witnessed 207 deaths from 484 incidents of violence.
Altogether, 452 people lost their lives in Bihar in 915 incidents which took place in the last five years. Last year, the state saw 73 deaths in 164 incidents of Naxal violence while in 2007, there were 67 deaths in 135 incidents of violence.
Cong calls Bengal shutdown on Friday to protest attack on legislators
The West Bengal Pradesh Congress called a 12-hour statewide shutdown on Friday as one party supporter died and angry activists torchedbuses and obstructed rail and road traffic Thursday in protest against the attack on their legislators in Mongalkote in Burdwan district on Wednesday. ( Watch )Slogan shouting Congress supporters took to the streets from Thursday morning and put up blockades at almost all the major intersections of the state disrupting public life, a day after eight party legislators sustained injuries in alleged attacks by armed Communist Party of India-Marxist (CPI-M) cadres in Dhanyarukhi village.
While two buses were torched in the south Kolkata areas of Minto Park and Gariahat, two others buses were set ablaze in Howrah district and one each in North 24 Parganas and Murshidabad districts. Several other state-run buses and taxis were damaged as Congress workers went on rampage with sticks, rods and bricks.
"They (Congress workers) obstructed all major road junctions across the state for sometime," said a police officer.
Suburban and long distance train services of eastern and southeastern railways were affected as trains got delayed with Congress activists blocking railway tracks.
Around afternoon, the pradesh Congress committee held an emergency meeting, and decided to call a 12-hour statewide shutdown against the "murderous assault" on its legislators.
"What happened Wednesday was nothing short of medieval barbarism. We demand the suspension of the police superintendent and district magistrate of Burdwan and restoration of democracy. We have decided to call a shutdown from 6 a.m. to 6 p.m. Friday," state party working president Subrata Mukherje told reporters here.
The Congress has also urged the Trinamool Congress to support the shutdown. Earlier, Congress legislature party leader Manas Bhuniya told reporters that a 12-hour shutdown had been called in 12 of the 19 districts of the state Friday.
"The shutdown call has been given by our district units spontaneously," Bhuniya said.
The party claimed that one its supporters had died and five others injured in clashes with the police during a 12-hour shutdown Thursday in the affected Mongolkote block.
However, police and family members of the victim said he died of cardiac arrest.
Burdwan district police superintendent Raja Ram Sekharan said six police vehicles were set afire by the agitators, who tried to block the way of the policemen near Burmud village. "To disperse them we had to burst tear gas shells and resort to a baton charge".
Eight Congress legislators of West Bengal were injured Wednesday when they were allegedly attacked by armed Communist Party of India-Marxist (CPI-M) cadres in a village.
A 14-member Congress delegation led by Bhuniya had entered Dhanyarukhi village in Burdwan district around 3.10 p.m. for distributing relief to party supporters whose houses have been burnt after the murder of CPI-M district committee member Falguni Mukherjee when the attack took place.
Seven scribes who had gone to the spot to cover the delegation's visit were also injured as they were allegedly beaten up by CPI-M cadres and hit by bricks. Five of the scribes had to be rushed to hospital.
The area has seen trouble since Mukherjee was shot dead from point blank range by miscreants June 16.
Give me some time, space, Nilekani's plea to media
All set to join his new job of rolling out identification cards for citizens, Nandan Nilekani was today virtually hounded by the media
"Give me some time. Give me some space," was all he said in reply to a volley of questions by reporters on the project for which he resigned from the IT major.
Nilekani was handpicked by the government to head the ambitious Unique Identification Authority of India (UIDAI), which would set up an online data base with identity details of the country's citizens.
Nilekani was almost hounded by a group of journalists at a book release function here where Minister of State for External Affairs Shashi Tharoor was also present.
Repeatedly asked about the project, Nilekani only said that Finance Minister Pranab Mukherjee had already said that first set of unique identity numbers will be rolled out in 12 to 18 months.
Releasing the book titled "Study in America: The Definite Guide for International Students", written by Renuka Raja Rao, he said it explains complex admission procedures in the US in a very simple way which would help those who want to study in America. MORE PTI MPB ZMN 07162052 DELHI NNNN
Tharoor described the book as a very thoughtful comprehensive volume which would help the students to a great extent.
The book provides aspiring students with step-by-step advice and information on the admission process in various universities and educational institutions. It also guides students on the all important US visa process.
Sensitive to the specific needs of international students, the book also shares information , anecdotes and real life examples needed to make a transition from one culture to another.
Rs 60,000 cr needed for roads till 2012: Nath
Transport Minister Kamal Nath today said the road and highways sector require an investment of about Rs 60,000 crore in the next three
"The sector's requirements till 2012 are pegged at atleast USD 12 billion," an official statement quoted Nath as saying.
During a road show in Singapore organised by the Road Transport and Highways Ministry to attract foreign investors, Nath said that of the total 12,000 km of road to be constructed next year, 7,000 km would be on build-operate- transfer (BOT) toll basis, while the rest would be on annuity and EPC mode.
The Minister told the investors that "with a traffic growth of seven per cent and vehicle growth of 12 per cent per annum, India's road sector presents great potential for growth and private sector participation".
Apart from the Ministry, the road show was also organised by the ICICI Bank and JM Financial Institutional Securities.
The Ministry will organise similar road shows in Europe and the US in the coming months.
Land acquisition challenge for road projects: Kamal Nath
Acquisition of land remains the biggest challenge in road projects development, Road Transport and Highways Minister Kamal Nath said
"When I look at the challenges ahead I feel that today land acquisition remains the biggest challenge for road construction," Kamal Nath said while addressing a conclave on highways development.
"We require land to build roads and the land acquisition problem is the major factor behind project delays as multiple authorities are involved," he said.
"We recognise the problem and the ministry is working on a new strategy for land acquisition which we will work out soon."
According to the minister, dispute settlement and availability of long-term debt are other areas of concern.
SEZs attract more than Rs 10,900 cr FDI in 3 years
The country's special economic zones have attracted foreign direct investment of over Rs 10,900 crore in the last three years,
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"According to the readily available information, the total foreign direct investment in SEZs is to the tune of Rs 10,983 crore," Scindia said in a written reply to Rajya Sabha.
He said the impact of economic meltdown on the performance of SEZs cannot generally be ruled out.
However, export from the SEZ during the financial year 2008-09 has been to the tune of Rs 99,689 crore registering 50 per cent growth over the year-ago period.
Asked if the government has resolved the issues of agitating farmers whose land was acquired for setting up SEZs, he said, "The state governments have been advised that in case of land acquisition for SEZs, first priority should be given for acquisition of waste and barren land and if necessary single crop agricultural land."
Since 2006, when the SEZ Act was notified, formal approvals were granted for setting up 568 SEZs, of which 315 have been notified.
Have enough cash to execute the orders in hand: Maytas Infra
Maytas Infrastructure, the company promoted by the son of Satyam founder B Ramalinga Raju, today said its cash position is comfortable
"The company still has an order book of Rs 8,000 crore. These projects should be executed over the next three years. We are confident and have a comfortable cash position to execute the products (over that period)," a senior official of the firm told PTI, but did not wish to be identified.
The infrastructure firm, which this month lost the Rs 12,000-crore Hyderabad Metro Rail Project after it failed to tie up funds, said, "None of the orders that were cancelled were on the grounds of (non-performance). They went because the company was facing a cash-crunch."
However, things have started improving now. The cash-starved firm got a lifeline when a consortium of 18 banks approved the corporate debt restructuring (CDR) package for it.
As part of this, Maytas will get Rs 100 crore as working capital, besides more time to repay loans. The company will also get a Rs 200 crore non fund-based loan, which will help it in infusing liquidity, accelerating the pace of execution of projects.
Govt to borrow 24% more at Rs 2.99 lakh cr in H1
The government will borrow Rs 2.99 lakh crore from markets which is 24 per cent more than its earlier estimate for the first half of
"We have already done and announced Rs 1,89,000 crore. So, the balance is Rs 1,10,000 crore which we are going to be doing up to September 30 in 10 tranches," RBI Deputy Governor Shyamala Gopinath told reporters after meeting Finance Secretary Ashok Chawla and other officials here today.
The government had earlier estimated borrowing to be at Rs 2.41 lakh crore for the first half of the current fiscal.
Allaying fears of disruption in the market due to the government's borrowing plan, she said, "We would be managing this programme in a non-disruptive manner."
She added that "there is ample liquidity in the system". Finance Minister Pranab Mukherjee in the Budget
The ministry officials said that initially the sale of bonds would be for about Rs 12,000 crore per week and would later taper off in the last few weeks of September.
As regard to open market operations (OMO), which is a system through which the central bank sucks out or injects liquidity into the system against government papers, she said the Reserve Bank would continue the operations as announced. had raised the country's gross borrowing plan to Rs 4.51 lakh crore for the fiscal 2009-10, thus pegging fiscal deficit at 6.8 per cent of the GDP for the year.
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| (Top) Miscreants set fire to a bus during a road blockade on Howrah Bridge on Thursday. Traffic came to a standstill due to the blockade. (PTI) |
Calcutta, 16 July : It was a bandh like situation in Calcutta and its adjoining district on Thursday. Congress workers took to the streets as early as 9AM in the morning. Armed with flags and shouting slogans their first target was the Gariahat crossing where a group of two hundred Youth Congress workers set a WBSTC bus on fire.
The group then moved towards the Lansdowne-Minto Park crossing where another government faced their ire.
"A group of two hundred odd people carrying Congress flags came from the southern direction. As soon as they reached the crossing they turned violent. They surrounded a government bus and ordered the 25 odd passengers to disembark. They then put the bus on fire," said Gautam Chatterjee, a private firm employee who was waiting for a taxi at the Lansdowne-Minto Park crossing. Till 2PM the traffic in entire South Calcutta was in a standstill position due to road blockades at Hazra Crossing, Rashbehari Crossing, Jadubabu Bazar and Jadavpur.
Around 150 supporters of Congress put up a blockade near College square at around 12.30 PM for an hour. After police persuasion, the group cleared the stretch and headed towards Sealdah flyover.
Once they reached Sealdah, a group of men started throwing bricks aiming a CTC bus but missed it. Soon, another CTC bus arrived and the mob stopped it and rained bricks at the bus. A group of men and women picked up the road dividers and started demolishing the bus and smashing the windshields. Another CSTC bus which tried to race past it was also stopped by the supporters and given similar treatment.
At SN Banerjee road, around 2.00 PM, a group of around 100 supporters organised a procession and burnt effigy of the Chief minister Buddhadeb Bhattacharya outside the CMC building. Later they came to the Esplanade crossing and blocked it for around 20 minutes and then moved towards Rani Rashmoni Avenue.
According to police, five buses were set ablaze and seven were damaged during the course of today's violent protest in and around the city.
A scuffle between the policemen and protestors took place on Belvedere Road, in front of Bhawani Bhawan in Alipore. They even tried to enter the premises of Bhawani Bhawan, the building that houses a number of offices of several departments, including Criminal Investigation Department (CID), but police resisted them.
A 12 hour state-wide bandh has been declared from 6 AM tomorrow by PCC (Pradesh Congress Committee).
US thrusts, Antony sidesteps - Hillary to mount pressure on defence verification pact | |||
| K.P. NAYAR | |||
Washington, July 15: US secretary of state Hillary Rodham Clinton hopes to use her charm, guile and persuasion in New Delhi on Monday to ram down the throat of a deeply divided UPA government an end-use verification agreement for defence supplies from America. Defence minister A.K. Antony is opposed to the agreement. So are sizeable sections of India's men in uniform in the top tiers of all the three defence services who feel the agreement will compromise the independence and flexibility of the country's armed forces. At the time of writing, therefore, Antony has discreetly decided to stay away from the capital and not meet Clinton or sign the agreement. But this may yet change, according to Indian sources. Robert Blake, the new assistant secretary of state for South Asia, who is travelling with Clinton to India, told reporters here today he was hopeful that the agreement would be signed on Monday between Clinton and the new external affairs minister, S.M. Krishna. "I am not saying it will definitely happen," Blake told this reporter in answer to a question. But it is on the table, he asserted. Last month, Antony resisted severe pressure from General James Jones to clear the agreement when the US national security adviser called on the defence minister in New Delhi. The pact will allow US officials to inspect any defence equipment that New Delhi buys from Washington, long after it has been bought, to satisfy the Pentagon that it is being used for the purpose for which it was presumably acquired by the Indian army, navy or air force. Antony did not reject outright the idea that India could one day sign the agreement, which has been under negotiation for several years, but typically told Jones that political compulsions mandated that talks on the pact should continue. But the Americans, in a hurry to sell military equipment to India, working through their lobbies in New Delhi and Mumbai, have now decided to cut the defence ministry out of the process and get the prime minister's office to use the ministry of external affairs to short-cut the Indian signature on the agreement. Two other defence agreements under negotiation between India and the US are equally controversial: a logistics support agreement, which permits US ships and aircraft to refuel in India and vice versa and a communications interoperability and security memorandum of agreement, which commits India to absolute confidentiality about military equipment and processes bought from America. Blake said these two pacts were still under negotiation and that only the end-use verification agreement was "on the table" for the Clinton visit. As a sop for signing the end-use verification agreement on Monday, Clinton will tell the Indian side that Washington is ready to begin talks with New Delhi on reprocessing American spent nuclear fuel in India. Blake said the talks were most likely to begin at the end of this month. India had notified the US on February 3 that it would like these talks, a part of the Indo-US nuclear deal, to begin soon. The Obama administration, which has six months to respond to the Indian initiative, has been dragging its feet on the issue since then, but is now clearly offering it as a quid pro quo for the military agreement that it wants signed during the Clinton trip. |
India plans to raise Rs 1,10,000 crore by Sept
India plans to raise Rs 1,10,000 crore between now and the end of September, increasing planned borrowing for the first half of the fiscal year This is in addition to the 1,89,000 crore already raised as part of the borrowing programme scheduled for the first half of the fiscal year, Ms Gopinath explained. The government will unveil its new borrowing calendar later today, she said. "We will conduct the borrowing programme in a non-disruptive manner and there is sufficient liquidity in the market," said Ms Gopinath. The updated budget, announced earlier this month, raised the target to 4,51,000 crore 3,62,000 announced in the interim budget in February. | |
RBI says to maintain ample liquidity
UMBAI: The Reserve Bank of India (RBI) will ensure there is ample liquidity in the banking system and will keep buying bonds from the market
It said it would continue to buy bonds at auctions conducted on alternate weeks through the first half of the 2009/10 fiscal year (April-March), under a programme it announced in March
The RBI said it had bought 298.50 billion rupees ($6.1 billion) of bonds through open market operations so far in 2009/10 versus a target of 435 billion rupees.
The Reserve Bank said it could change the amount of the OMO and alter the frequency and auction dates as necessary.
It said it had unwound intervention bonds worth 655 billion rupees, and redemptions of 45 billion rupees are due before the end of September.
Paulson pressured Bank of America chief to buy Merrill Lynch
WASHINGTON: Former Treasury Secretary Henry Paulson testified on Thursday that he pressured Bank of America Corp. last year to go through with
Paulson acknowledged that he warned the bank's chief executive, Kenneth Lewis, that Lewis could lose his job if he dropped the deal. Paulson also said he pledged government aid to the bank but declined to put that promise in writing because the details would have been vague and would have to be disclosed publicly by the Treasury Department.
Paulson said negotiations were kept private to protect investors. ``We didn't want to overly scare people and make it worse,'' Paulson told the House Oversight and Government Reform panel.
Paulson's testimony comes as Congress debates whether to expand the Federal Reserve's power to monitor large, influential institutions like Bank of America.
Rep. Edolphus Towns, the Democratic chairman of the House Oversight and Government Reform Committee, said he believes Lewis squeezed money out of the government by threatening to back out on the deal. The government ultimately gave $20 billion to the bank to blunt losses tied to the acquisition.
"All of this happened against a backdrop of unchecked government power, with no transparency or accountability,'' Towns said.
In testimony to the committee, Paulson said he told Lewis last year that reneging on his promise to purchase Merrill Lynch would show a ``colossal lack of judgment.''
Paulson said that ``under such circumstances,'' the Federal Reserve would be justified in removing management at the bank.
``By referring to the Federal Reserve's supervisory powers, I intended to deliver a strong message reinforcing the view that had been consistently expressed by the Federal Reserve, as Bank of America's regulator, and shared by the Treasury, that it would be unthinkable for Bank of America to take this destructive action for which there was no reasonable legal basis and which would show a lack of judgment,'' Paulson said.
Paulson said he believed his remarks to Lewis were ``appropriate.''
Federal Reserve Chairman Ben Bernanke has denied threatening to oust Lewis and said he never told anyone else to, either. But another Fed official suggested otherwise in an e-mail obtained by House investigators.
Jeffrey Lacker, president of the Richmond Federal Reserve Bank, said in a December 2008 e-mail that Bernanke had planned to make ``even more clear'' that if Bank of America backed out on the deal, ``management is gone.''
Paulson said Bernanke never asked him to relay the message. But, he added, he believed he was expressing the Fed's opinion that dropping the deal ``would raise serious questions about the competence and judgment of Bank of America's management and board.''
Thanks to Asia, economic crisis is rolling back: UN
The current economic crisis is rolling back due to the significant progress made by countries in Asia like India and China, a top UN
The financial stimulus packages and reforms announced by these countries could help in creating a more integrated and coordinated Asia and the Pacific that builds up on collective regional strengths and resources, UN Economic and Social Commission for Asia and the Pacific (ESCAP) Executive Secretary Noeleen Heyzer, said.
During the course of the UN Economic and Social Council session, which is currently taking place in Geneva, Heyzer highlighted the need for appropriate investments in infrastructure to create economic corridors that link less developed countries to economic centres in the region, thereby increasing intra-regional trade.
As a result, the recovery of larger economies like China, India and the Republic of Korea will have "greater reciprocal positive spin offs" for their smaller neighbours, she said.
Heyzer said that her organization has responded to the crisis by encouraging policies that include social programmes such as health coverage, pensions, education and agricultural extension services, as well as investment in small and medium scale enterprises.
Govt to borrow Rs 120 bn weekly: Finmin
| NEW DELHI: The government will initially borrow 120 billion rupees a week, which it will taper off in the latter part of the first half of the The official, who declined to be named, said on Thursday the borrowing in the closing weeks of September could be 110 billion rupees or less. Earlier, a central bank deputy governor said the government would borrow an additional 1.1 trillion rupees ($22.6 billion), taking the total to 2.99 trillion between April and September, a central bank deputy said on Thursday. The additional borrowing excludes 120 billion rupees of bond sale scheduled for Friday. |
India can play a global role: Hillary Clinton
| By: IANS | Date: 2009-07-16 | Place:Washington |
cknowledging India's emergence as a global player, US Secretary of State Hillary Clinton says how New Delhi can "play not just a regional role but a global one as well" would top her agenda on her India trip.
"We believe India has a tremendous opportunity and a growing responsibility, which they acknowledge, to play not just a regional role but a global one as well," she said on Wednesday in a speech to the Council on Foreign Relations.
"How they choose to define, that we will explore in-depth during the course of our discussion," Clinton said ahead of what she described as a 'very broad, comprehensive dialogue' with India during her five-day visit starting on Friday.
"It's the most wide-ranging that I think has ever been put on the table between India and the United States," Clinton said.
"It has six pillars to it, one of which, of course, is foreign policy, strategic challenges, along with, you know, other matters like health, and education, and agriculture and the economy."
US would welcome Indian leadership and involvement in a number of difficult areas including non-proliferation, she said.
"Anybody who ever read Strobe Talbott's book, Engaging India, knows that it's a very difficult issue. But, we want to look at new ways for global and regional regimes on weapons of mass destruction, particularly nuclear."
Clinton said US was also very interested in the role that India sees for itself in the immediate area like Sri Lanka and "military and particularly naval implications of decisions that India is making going forward."
Washington was also interested in the economic actions that India is taking and "what are they going to do to keep generating growth, lifting people out of poverty," she said noting, "they weathered the beginning of the recession better than many places."
US special envoy for climate change Todd Stern will be accompanying her, Clinton said, to discuss issues relating to clean energy and climate change.
India and China have understandable questions about what role they should be expected to play in any kind of new global climate change regime, she said. But "it is our hope that we can, through dialogue, come up with some win-win approaches."
Clinton said she was excited about the trip and looked forward to her meetings with Prime Minister Manmohan Singh and External Affairs Minister SM Krishna and others in India.
"So, I think that this is an extremely rich area. I've just touched the surface of it," she said pledging that "we're going to do everything we can to broaden and deepen our engagement."
French first lady to sing for Mandela
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Carla Bruni-Sarkozy will lead a glittering line-up of stars at a concert to mark Nelson Mandela's 91st birthday. Bruni-Sarkozy, a model-turned-musician, will perform for the first time in public since marrying French President Nicolas Sarkozy at the concert at Radio City Music Hall in Madison Square Garden on Saturday.  The event, which also stars Stevie Wonder and soul queen Aretha Franklin, ends a week of celebrations for the 91st birthday of the former South African president."Mr Mandela is an iconic statesman whose sacrifice and leadership has had an enormous impact on humanity," the organisers said in a statement. The concert aims to raise funds for Campaign 46664, named after Mandela's former prisoner number when he was jailed for 27 years under the South African apartheid regime before becoming the country's first black president in 1994. Star Power Others who will also attend the celebrations: Forest Whitaker Susan Sarandon Matt Damon Morgan Freeman Whoopi Goldberg Stevie Wonder Aretha Franklin |
US hopes for Pakistani action against Mumbai attackers | ||||||
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The US hopes that greater understanding and progress on the issue of Pakistan moving forward with prosecution of those responsible for the Mumbai terror attacks would emerge from the ongoing India-Pakistan dialogue. "Obviously, we want to see greater understanding and progress, particularly on the issue of Pakistan moving forward with prosecution of those responsible for the Mumbai attacks," Assistant Secretary for South Central Asian Affairs Robert O Blake told reporters on Wednesday. And there are some indications in the Pakistani press that the charge sheets are going to be filed as early as next week on that, which certainly would be a positive step forward, he said in a briefing on US Secretary of State Hillary Clinton's five-day visit to India starting Friday. But the US did not play any role in setting up a meeting Thursday between Prime Minister Manmohan Singh and Pakistan premier Syed Yousuf Raza Gilani, Blake said. "I mean, this was set up entirely between the two countries. And as I said earlier, it's a continuation of some of the previous contacts they have already had." Referring to earlier meetings between Manmohan Singh and Pakistan President Asif Ali Zardari as also those between other officials, Blake said: "So I think there's already been good dialogue underway and certainly we welcome that. And I'm sure that Pakistan will be a subject of discussion during the meetings between Clinton and Indian officials." Asked if the US shared India's perception that Pakistan was still running terrorist training camps, Blake said: "Let me just say on the whole broad issue of terrorism that the United States has been very encouraged by the important steps that Pakistan has taken, most notably its operation in the Swat Valley and now more recently some of the steps in South Waziristan. "We think those steps have garnered the support of the Pakistani people and that that support in turn will help provide the basis for continued action to make sure that Pakistani soil is not used as a platform from which terrorist attacks can be launched against any of its neighbours." Denying that Clinton was trying to send a signal by not going to Pakistan and Afghanistan, Blake said: "She is not really trying to send any signal at all. This is a trip where we're trying to focus on India and really highlight the new strategic partnership and again, all the people-to-people ties. "But that doesn't mean that we attach any less importance to Pakistan and Afghanistan. There is already extensive high-level engagement between the United States and the leaders of both of those countries. "So we're not trying to send any signal at all, except at this stage to talk about our enhanced relationship with India. And I know that the secretary looks forward to an early opportunity to get out to both Afghanistan and Pakistan." | ||||||
Dismiss Mayawati govt, demand BJP, SP leaders | ||||||
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The arrest of Uttar Pradesh Congress chief Rita Bahuguna Joshi and the attack on her house by Bahujan Samaj Party (BSP) workers led to a demand for the dismissal of the state government by Bharatiya Janata Party (BJP) and Samajwadi Party (SP) leaders on Thursday. BJP MP from Uttar Pradesh Maneka Gandhi said here: "The time has come for the Uttar Pradesh government to be dismissed. In every single constituency, people have been sent to jail for absolutely nothing. "What did Rita Bahuguna Joshi say? She didn't say much and after that she even apologised. Why can't she speak her mind? What kind of democracy is this? President's Rule should be imposed in the state." Speaking to the media at the main entrance of Parliament house, SP leader Akhilesh Yadav - son of party chief Mulayam Singh Yadav - demanded the dismissal of the Uttar Pradesh government. Another SP leader, Rajya Sabha MP Kamal Akhtar, said: "The administration in the state has completely collapsed. There is a virtual dictatorship of Mayawati and therefore we demand that this government be dismissed." BJP leader Mukhtar Abbas Naqvi said: "We don't justify what Rita Bahuguna Joshi had said and whatever was done by the BSP workers after that. It's a political move to woo Dalit votes. "Both the parties - one at the Centre and the other in the state - are trying to divert attention from real issues like the drought-like situation in Uttar Pradesh and price rise." BSP workers ransacked and set fire to Joshi's home late Wednesday night. Around the time her house was under attack, Joshi was arrested in Ghaziabad en route to New Delhi. She was charged under the Scheduled caste and Scheduled Tribe (Prevention of Atrocities) Act 1989, for allegedly making derogatory remarks about Mayawati. |
Bomb scare rumour at Vashi | ||||||||
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Employees of IndiaGames, IBM, Huawei , ICICI, Spanco and other companies were all evacuated and members of the bomb disposal squad cordoned off entrances of the buildings in the area. Vishal Gondal, CEO of IndiaGames said that there were unconfirmed reports of a bomb found in a basement. "There were rumours of a bomb being found but nothing has been confirmed yet." Meanwhile police officials at the Navi Mumbai control lines dismissed the incident as a rumour. |
| Pakistani, Indian Leaders Meet at NAM Summit | |
| 16 July 2009 | |
The prime ministers of Pakistan and India say action on combating terrorism should not be linked to their peace talks.
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| Pakistani PM Syed Yousuf Raza Gilani leaves his meeting with Indian PM Manmohan Singh in Egyptian Red Sea resort of Sharm el-Sheik, 16 Jl 2009 |
The two leaders met on the sidelines of a Non-Aligned Movement summit in Egypt's Red Sea resort of Sharm el-Sheikh.
Mr. Gilani said Wednesday he believes his nation's relationship with India has improved, adding that "a durable peace in South Asia is achievable."
In his address to the summit, Mr. Gilani cautioned that before peace can take hold, outstanding issues such as the status of the disputed Kashmir region must be resolved.
The Non-Aligned Movement summit opened Wednesday with the theme "International Solidarity for Peace and Development."
More than 50 heads of state are attending the conference. Many leaders there have called for emerging powers to play a more active role in shaping the world's economy.
The Non-Aligned Movement was formed by developing countries that chose not to align with either the United States or the Soviet Union in the era of Cold War politics. It held its first summit in 1961.
Some information for this report was provided by AFP, AP and Reuters.
Govt to divest stake in 3 firms; sell Oil India IPOIBNLive.com - 1 hour ago The Government also plans to disinvest its stake in PSU firms through Initial Public Offerings (IPO). The IPO for Oil India will open on September 7 and ... Govt identifies 3 PSUs for disinvestment Moneycontrol.com Govt mulling stake sale in four PSU firms Business Standard Pranab steps in to stop Trinamool, DMK from taking Left turn on ...Economic Times - - Jul 14, 2009 While reiterating its opposition to disinvestment of psus, especially in the banking and insurance sectors, the party said it would talk to the FM on his ... Disinvestment firmly back on Centre's agenda Hindu Business Line Comment: Keep It Private Times of India Divestment plan on track, Govt identifying PSUs Hindustan Times Road map for PSU disinvestment soon: fin secretaryLivemint - Jul 15, 2009 ... on the Union Budget, said: "My ministry has initiated discussions with other ministries and departments for identifying the psus" for disinvestment. ... 'Selloff roadmap in 3-4 weeks' Times of India Govt targets Rs 15K cr from sale of stake Economic Times Govt to disinvest 5-10 psus in FY10: SourcesMoneycontrol.com - 8 hours ago ... presenting the Union Budget, the Finance Minister had said that disinvestment will start with stake sales in listed public sector undertakings (PSU). ... Economics for Everyone-The Debate of disinvestmentIndia Infoline.com - - 9 hours ago The party has said it will oppose any move to disinvest psus or strategic sales of profitable psus. Pre-poll ally DMK too has a track record for opposing ... Stake sales in 3 PSUs could fetch at least Rs26,000 crLivemint - - 1 hour ago Ltd (KIOCL) and Manganese Ore (India) Ltd. Finance secretary Ashok Chawla, who is also the secretary of the disinvestment department in the finance ministry ... Details on disinvestment soon: FMBusiness Standard - Jul 14, 2009 "Details are being worked out and could be announced in due course," he said, adding that requirements by PSUs could be for modernisation, ... "Disinvestment in phased manner"Hindu - - Jul 6, 2009 In its 2004-09 tenure, the UPA government received Rs.47901 crore from disinvestment of equity in PSUs — Rs. 4424 crore in 2004-05, Rs. 1581 crore in ... Disinvestment receipts look puny Myiris.com Mamata conveys `no disinvestment' message to PranabTimes of India - Jul 9, 2009 The government has sought to give a positive spin to disinvestment by arguing that the public had a right to a share of PSU "wealth". ... Mamata opposes privatisation of govt-controlled firms Economic Times Mukherjee sell-off peaks from hiding Asia Times Online Thanks, but no thanks, Mamata tells Pranab Daily News & Analysis |
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US stimulus to show results in next 6 months: Geithner
PARIS: The US financial system is showing signs of recovery, stimulus measures are about to have maximum impact and talk of any new action is Measures already taken to pull the US economy out of the financial crisis would have their main effect in the second half of this year, he said. So any thought of new measures was premature, he said in remarks on the Internet site of the French newspaper Les Echos. The existing "stimulus program was designed to make a contribution over a two-year period, and the biggest impact on investment will come in the second half of this year," he said. He also held that the dollar would remain the main international reserve currency, against a background of questions about the supremacy of the dollar mainly from China and Russia but also from France. The pre-eminence of the dollar placed special responsibility on the United States in restoring confidence in the financial system and in the reduction of deficits once recovery was under way, he said. In remarks to Bloomberg Television, he said that the US financial system was showing signs of "repair", but he also warned against blanket state caps on traders' pay.
Geithner met French Prime Minister Francois Fillon, and they stressed the importance of dealing with imbalances in the global economy as it begins the pull-out of the financial crisis, a statement here said. On regulation of derivative markets, he said on the Les Echos site: "Actually, our approaches are very similar. We need a common, global solution to these global markets, not separate regional solutions." Geithner also said in remarks to Bloomberg Television: "What we are generally seeing across the US financial system is welcome signs of stability and repair." He said: "We are moving very quickly to try to put in place comprehensive reforms of risk-taking in the financial sector to try to make sure we put in place not just strong protection for consumers ... but also to make sure that we have a more stable more resilient financial system less prone to crisis." | ||||||
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NUANCES IN XINJIANG - China's nationalism is still shaped by memories of defeat | ||
| Rana Mitter | ||
Back in the eighth century, during China's Tang dynasty, many great poets wrote about the pain of being sent away to the far west of the empire, whether as officials on duty, or as political exiles. Over a thousand years later, China's far western regions still hold an ambivalent place in the country's collective mind. Over the last few weeks, the world has been astonished to see a city in China, a country that many think of as a highly controlled State, erupting into riots. The response of the authorities has been swift and decisive: armed police are patrolling the streets of Urumqi, the capital of Xinjiang province, and thousands of ethnic Uighurs are fleeing to the interior of the province. It's been made clear that the Chinese State will tolerate no opposition to its rule, and it blames separatists or "splittists" for the trouble. But behind this story of instant response and repression is a more complex reality. The events in Urumqi bear a superficial resemblance to the uprising in Tibet in March last year. But unlike those events, the Urumqi riots were not primarily about a desire for separation from the Chinese State. They were about an issue that Chinese officialdom finds much harder to deal with: racial discrimination. Officially, China is a multicultural society with 55 different minorities. In fact, the dominant ethnic Chinese (Han) make up around 93 per cent of the population, and show great diversity even among themselves. In fact, many ethnic groups do coexist quite peacefully in China. However, there are some groups whose presence within China has been problematic throughout history. Tibetans are one clear example. Another is the Uighurs, a Turkic people who live mostly in the Xinjiang province on China's far western border. The Chinese State declares that Xinjiang, and its entire population, are unequivocally Chinese citizens. Separatist activists within Xinjiang suggest that the region ought to be independent from China. Both positions are stark versions of a more nuanced historical reality. It's certainly true that Uighurs have their own language and script, and many (though not all) do not feel culturally Chinese. However, Uighurs live all over China, not just in Xinjiang. If you go to Beijing, it's easy to find areas of the city where the food, drink, and music are all Uighur. Just as easy to find are the migrant workers from the region who are working in the boom cities of the south. It was that interaction that led to the riots earlier this month. Uighur migrant workers had been brought into a toy factory in Shaoguan, a city in Guangdong province, thousands of miles away from Xinjiang, and tensions flared between Han Chinese and Uighur workers over work conditions. A disturbing film appeared on YouTube which seemed to show two Uighur workers being chased and brutally attacked by Han Chinese colleagues. For many Uighurs, this struck a chord. Despite the rhetoric of equality, there is a strong feeling among many ethnic minorities in China that they are treated as second-class citizens. The State often uses rather clumsy ideas to celebrate ethnic diversity: a particular favourite is the love of singing and dancing which various minority groups are supposed to possess, the whole thing described in official propaganda rather like an old-fashioned tourist brochure for a safari. There is often a deeply insensitive, even deliberate attempt to bulldoze (literally) old cultural traditions, such as the recent plan to raze many of the traditional winding alleys in the old city in Kashgar, one of the great cities of the Silk Road, and replace them with a Chinese boulevard and modern office blocks. The impetus for this is largely from the continuing Chinese obsession with technological modernization. Although China's Communist Party has long since ceased to believe in social equality or revolutionary change, it has maintained its longstanding assumption that they must show how far the country has come by rejecting most of its past. A little is kept for the purposes of heritage, but much of China's history, from the alleyways of traditional Beijing to the magnificent scenery of the Three Gorges of the southwest, has been destroyed to make way for ever larger highways, high-speed trains, and dams. The Uighur heritage in Xinjiang has also been a victim of this drive for secular modernization, which remains unsentimental about the past and people's attachment to it. But many Uighurs feel that what the Han Chinese do to their own culture is their own business, but that they have no right to reshape a culture that has thousands of years of its own history. Ironically, though, it's the issues on which the State has tried to give the Uighurs privileges over their Han compatriots that have sparked tensions at more grassroots levels. The opening-up of China so that labourers can move more freely has enabled poorer Uighurs to try their luck elsewhere in China, particularly in the booming southern and coastal regions. And ethnic minorities are given more leeway under the country's strict one-child policy: they can often have two or more children. This has led to repeated clashes with poor Chinese who feel that their Uighur fellow-citizens are getting a more favourable deal. In truth, the conditions they are fighting over — ill-paid work in appalling conditions in unsafe factories — are hardly something to aspire to. But in a country with no safety net, ethnic differences become another source of conflict for people who are fighting to rise even a little from the bottom of society. There's another aspect of the story that makes it a very 21st-century tale: technology. The distance between Shaoguan, where the race conflict began, and Urumqi, scene of the riots, is several thousand kilometres. But over the past decade, China has become wired. There's near-100 per cent penetration for mobile phones, and although the internet is a more middle-class preserve, it now has millions of users. It didn't take long for Uighur viewers in Urumqi to find out what had happened in Shaoguan, and start their protests. The Chinese State has been relieved that international sympathy for the Uighurs has been more muted than that for the Tibetans last year, not least because it seems clear that there was significant violence by Uighurs against Hans in Urumqi, although this aspect has been publicized much more than the response of Han violence against Uighurs. But the availability of easy communication also raises the possibility of further race riots somewhere else in China that the State can't predict — as authoritarian states go, China is much less effective than it likes to proclaim. Technology brings its own social troubles along with greater convenience. In the short term, the Chinese State will succeed in crushing protest on the streets of Urumqi. The Uighur cause simply doesn't have the political traction to attract sympathy within China. But the underlying cause won't go away. In a sense, the Chinese government understands the problem when it states so determinedly that the Uighurs and Xinjiang are unalterably parts of Chinese territory. There is a perfectly valid case that China and Central Asia are closely linked by ties of history and culture. Even during the Tang dynasty, considered China's greatest period of cultural flourishing, wearing clothes and marrying spouses from Central Asia and even India was regarded as the height of cultural sophistication. For centuries, China has been a Eurasian power, and its new role at the helm of the Shanghai Cooperation Organization, which binds Beijing, Moscow, and the Central Asian states, is one nod toward recovering that role. The Chinese government could do more to recover that historical heritage today, and use it as a powerful argument against separatism. But it needs to understand that the Tang flourished because it accepted outside culture as an equal part of its own culture. For a century and a half, China has felt on the defensive about its identity and territory because of its experience of being invaded by the West and then Japan. Now it is in transition to a stronger role, but its nationalism is still shaped by memories of defeat and humiliation. China needs to develop a sense of national pride that is positive and fuelled by a genuine appreciation of its status as a multicultural society. | ||
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Gujarat, Andhra chosen as sites for US nuclear reactors
Days before US Secretary of State Hillary Clinton arrives In India on her first official visit after taking charge, India is learnt to have firmed up a site each in Gujarat and Andhra Pradesh that will be dedicated for the first US nuclear reactors after the nuclear deal.
While this has already been indicated to Washington, sources said, a formal announcement could happen during Clinton's visit.
The identification of the sites flows from a commitment India had given, through a letter of intent under the nuclear deal, which commits India to purchase 10,000 MW from US nuclear companies and mark "at least two sites" for this purpose.
Gujarat and Andhra Pradesh were the two states that offered sites for this and have now been approved.
On a broader level, India and the US have agreed to restructure their interaction and condense some 27 ongoing bilateral dialogues at various levels under what will now be called "five pillars" of the relationship — Strategic and Defence Cooperation, Science & Technology and Health Innovation, Energy and Climate Change, Education and Development, and Economic, Trade and Agriculture.
It's learnt that officials from both sides have also firmed up the Technology Safeguards Agreement which will allow India to launch satellites built with US-origin equipment. This is expected to be signed during the visit and is an important precursor to the Commercial Space Launch Agreement, which has been pending for a long time.
Another crucial agreement that is on the verge of being finalized over the next couple of days is the End-User Verification (EUV) Agreement, which would then permit US to sell defence products to India.
http://www.indianexpress.com/news/gujarat-andhra-chosen-as-sites-for-us-nuclear-reactors/489412/
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Department of Disinvestment- Privatised PSUs
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