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China announces ‘standardised’ names for 6 places in Arunachal

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Beijing, Apr 19 : Upping the ante, China has for the first time announced “standardised” official names for six places in Arunachal Pradesh, days after it lodged strong protests with India over the Dalai Lama’s visit to the frontier state.

The state media here said the move was aimed at reaffirming China’s claim over the state. China claims the state as ‘South Tibet’.

“China’s Ministry of Civil Affairs announced on April 14 that it had standardised in Chinese characters, Tibetan and Roman alphabet the names of six places in ‘South Tibet’, which India calls ‘Arunachal Pradesh’, in accordance with the regulations of the central government,” state-run Global Times reported today.

The official names of the six places using the Roman alphabet are Wo’gyainling, Mila Ri, Qoid ngarbo Ri, Mainquka, B mo La and Namkapub Ri.

The India-China border dispute covers the 3,488 km-long Line of Actual Control (LAC). While China claims Arunachal Pradesh as South Tibet, India asserts that the dispute covers Aksai Chin area which was occupied by China during the 1962 war.

The two sides have so far held 19 rounds of talks with Special Representatives to resolve the boundary dispute.

China’s move comes just days after the Dalai Lama’s visit to Arunachal Pradesh, which was seventh since he fled from Tibet through Tawang and sought refuge in India.

During the 81-year-old Tibetan spiritual leader’s Arunachal Pradesh visit, China had warned India that it will take “necessary measures” to defend its territorial sovereignty and interests.

Commenting on the standardisation of the names of six places, Chinese experts said that it was a move to “reaffirm the country’s territorial sovereignty to the disputed region”, according to the daily.

“The standardisation came amid China’s growing understanding and recognition of the geography in South Tibet.

Naming the places is a step to reaffirm China’s territorial sovereignty to South Tibet,” Xiong Kunxin, a professor of ethnic studies at Beijing’s Minzu University of China, was quoted as saying.

Xiong said that the legalisation of the regions’ names is a part of the rule of law.

“These names have existed since ancient times, but had never been standardised before. Therefore, announcing the names is like a remediation,” Guo Kefan, a research fellow at the Tibet Academy of Social Sciences, said.

Standardising the names from the angles of culture and geography could serve as a reference or leverage when China and India negotiate border issues in future, Guo said.

“The South Tibet region is located alongside China’s southwestern border and India’s north-eastern border where Sino-Indian border disputes are cantered,” the report said.

It claimed that India “abruptly announced that it was officially designating the region as ‘Arunachal Pradesh’ but the Chinese government has neither recognised India’s occupation of the region, nor the legitimacy of the province”.

During the Dalai Lama Arunachal Pradesh visit, Union Minister of State for Home Affairs Kiren Rijiju, who accompanied the Tibetan spiritual leader, had asserted that that Arunachal Pradesh is “an inseparable part of India”.

China had lodged a diplomatic protest with India over the visit and warned that it would have a negative impact on the efforts to resolve the border dispute.

After the nine-day visit of the Dalai Lama to Arunachal Pradesh, Chinese Foreign Ministry spokesman Lu Kang had said that India should not use the Tibetan spiritual leader to undermine China’s interests.

PTI

India

Pranab stresses on education, skills and employability

Such a situation is “unacceptable” and the youth must a celook inward” if they are keen to end this.

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Kolkata, Feb 24 : With India set to become home to the world’s largest working population by 2022 and a global supplier of workforce, education, skill development and enhancing employability are the most urgent needs, former President Pranab Mukherjee said on Saturday.

If India harbours the hope of reaping demographic dividends, it must make sure its people are educated and skilled enough, Mukherjee told a large assembly of young entrepreneurs at a special session organized by Young Indians, the youth wing of the Confederation of Indian Industry.

India’s potential is huge, but the failure to tap the potential in the right manner will frustrate its aspiration to become a global power, he said.

“The oldest civilisation will be younger and younger. The responsibility lies on you to remove disparity, inequality and provide leadership. Otherwise, I am afraid, demographic advantage will turn into a demographic disaster,” Mukherjee said.

He exhorted the country’s youth to work towards ending the growing wealth gap. There is an emerging divergence of haves and have-nots, he said, adding disparity exists not just on health and education parameters, but also on income distribution.

Such a situation is “unacceptable” and the youth must a celook inward” if they are keen to end this, Mukherjee said.

According to the former head of state, developmental paradigm must be shifted to equality and harmony.

“A recent report on the Indian economic situation between 2013 and 2017 states that 71 per cent of the total wealth generated in India is accumulated by 21 per cent people; while remaining 79 per cent of the population are left with 29 per cent of the wealth. This cannot go on for long. Change has to be brought about by the young people, not by me, not by anybody else,” he said.

The former President cited yet another study that brings to fore some other social disparities. As per the report, 40 of the least developed countries have only 13 per cent of the girl child getting enrolled in schools; and just 11 per cent of the men and women have access to some sort of healthcare.

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PNB says Virat Kohli continues to be its brand ambassador

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New Delhi, Feb 24: The $1.8 billion fraud hit Punjab National Bank (PNB) has said that Indian skipper Virat Kohli continues to be its brand ambassador.

“There are reports in the media that Virat Kohli, Bank’s brand ambassador is going to discontinue his endorsement with Punjab National Bank. The same is again totally false and incorrect. Virat Kohli is our brand ambassador,” the bank clarified through a public notice.

The notice further clarified: “There are media reports that the bank has engaged PricewaterhouseCoopers (PwC) to conduct an investigation into the alleged fraud and PwC has been asked to gather evidence that can be used against Nirav Modi and his associates in the court. The news is totally incorrect.”

It also said that media reports saying Reserve Bank of India and government asking PNB to make payment of the fraudulent amount to other banks is also incorrect.

The bank reiterated that the bank has the capacity and capability to handle the situation and protect the interest of the institution, customers and stakeholders.

IANS

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Loan default case: Rotomac firm owner Vikram Kothari, son sent to 11 days CBI remand

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New Delhi, Feb 24: A special CBI court on Saturday sent Rotomac Pens owner Vikram Kothari and son Rahul Kothari to the 11-days CBI remand in connection with Rs 3,695 crore Loan default case. 

Yesterday, Patiala House Court had sent Kothari and his son to the one-day transit remand.

On Thursday, the CBI arrested Kothari and his son on charges of cheating a consortium of banks of Rs 3,695 crore (including interest) by siphoning off loans sanctioned to his company for procurement of wheat and other goods for export.

The Income Tax Department also issued a show-cause notice to Kothari asking why prosecution be not initiated against the group.

The agency arrested the two after day-long questioning at the Central Bureau of Investigation (CBI) headquarters in south Delhi’s Lodi Road area.

It was the Kotharis’ questioning for the fourth consecutive day since the probe agency lodged the case against him and his family, and conducted raids at their residential and office premises in Uttar Pradesh’s Kanpur.

The CBI filed the FIR on Sunday night following a complaint against Kothari, his wife Sadhana and son Rahul, from the Bank of Baroda.

Vikram Kothari is the Chairman and Managing Director of Rotomac while his wife and son are Directors.

Kothari had obtained Rs 2,919 crore from Bank of India (Rs 754.77 crore), Bank of Baroda (Rs 456.63 crore), Indian Overseas Bank (Rs 771.07 crore), Union Bank of India (Rs 458.95 crore), Allahabad Bank (Rs 330.68 crore), Bank of Maharashtra (Rs 49.82 crore) and Oriental Bank of Commerce (Rs 97.47 crore), the FIR said.

Kothari, his wife, son, firm Rotomac, some unidentified bank officials and private persons were booked over the charges of criminal conspiracy, cheating and forgery under the Indian Penal Code and Prevention of Corruption Act.

In its complaint, the  Bank of Baroda said that the banks had extended credit to the Kanpur-based firm and its related companies from 2008 onwards.

Earlier, the probe agency had earlier seized several belongings of Kothari and his kin, including laptops and mobile phones.

WeForNews 

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