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Trump plans to mediate in India-Pakistan matters shows Modi’s incapability in handling Kashmir issue

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With US envoy to the United Nations Nikki Haley’s sudden announcement of President Trump himself intervening in resolving the India-Pakistan tensions shows that Pakistan has won the game of internationlizing the Kashmir issue when Indian Prime Minister  Narendra Modi is busy in state elections  and failed to calm down the rising sentiments of the Kashmiri people.

Kashmir issue remains the most emotive issue of India and the most important point is that it is  Kashmir that safeguards the defence of the country  and  Narendra Modi fails to find any time, policy or strategy to deal  with the ongoing crisis in Kashmir especially after the deteriorated situation in Jammu and Kashmir since 2016 .

It is worth pointing out that Kashmir issue was handled properly under the Congress rule at the centre and the prevailing escalation in Kashmir between the stone pelters and the security forces started in Modi’s regime,the cross-border firing has reached optimum level since January 2015 and jihadists attacks on security forces taking a toll on Indian armed forces  where as Pakistan is not suffering any casualities of its armed forces.

Modi must understand the gravity of the situation when Trump is ready to play a pro-active role in deescalating tensions between India and Pakistan . This is a clear pointer to third party intervention in Kashmir which is an integral part of India.

The India -Pakistan cross border firing across Line of Control escalated on daily basis after the publicity  by the Modi government of the surgical strikes carried by Indian forces  on the terror launch pads across the LoC   when terrorists were preparing to infiltrate from Pakistan occupied Kashmir.Previous Indian governments were wise enough of not publicizing the Indian military operations in Pakistan to eliminate the terrorists so that the Kashmir issue does not get internationalize.

 Modi should have applied his diplomatic skills to resume Indo-Pak dialogue and by engaging all sections of the Kashmiri society to normalise the Kashmir crisis and apprise the International community about the Pakistan’s intelligence agency ,the Inter Services Intelligence (ISI) funding the Kashmiri separatist leaders  including Syed Ali Shah Geelani  to fuel unrest in  Kashmir

Haley said “Trump administration is concerned about the relationship between India and Pakistan and wants to de-escalate any sort of conflict going forward and we don’t think we should wait till something happens.Trump will play a pro-active role as we are seeing tensions rise and conflicts start arising .”

arti bali

By : Arti Bali

Senior Journalist

 

 

Analysis

Can yoga make the cut for Olympics?

It’s only natural that the voices for and against will get louder and more competitive. Being the unofficial benefactor of yoga, India is expected to take an unequivocal call.

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Yoga

On a day when yoga is having to jostle for mind space with a hugely popular sporting event like the FIFA World Cup, many fans of the ancient regimen are seriously dreaming up for a world cup of their own. Are they getting too carried away by the euphoria around of the 4th International Day of Yoga? Or is it a case of trusting yoga’s extreme versatility to adapt itself to the demands of the time?

Will there ever be a time when a Yoga World Cup driving up a mania like the FIFA World Cup does? As yoga gets mainstreamed big time in the last four years, a debate on whether it can become a competitive sport has actually begun. The jury is still out with both sides of the divide putting out equally tenable and credible arguments.

It’s only natural that the voices for and against will get louder and more competitive. Being the unofficial benefactor of yoga, India is expected to take an unequivocal call.

Unfortunately, we have seen quite a flip-flop on this. After deciding to treat yoga as a sport in 2015, the Ministry of Youth Affairs and Sports (MYAS) reversed the decision in the following year.

Giving in to the Puritans who frowned at any dilution of its spiritual core, it concluded yoga has quite a many subtle elements in which competitions are not possible. Many watchers see a not-so-yogic hand in this change of heart. Some of them ascribe to it a compromised arraignment to end a tug of war between MYAS and the Ministry of AYUSH over the control of yoga.

Surely, yoga isn’t just about asanas or body postures. According to the eight-limb (Ashtanga) paradigm of yoga, the other dimensions include such subtle things as adherence to social and personal ethics, control of breathing and senses and one-pointedness and meditation. It will be next to impossible to draw up a championship format for these realms of activities. Yet, sport-yoga is not a dead dream.

While it wouldn’t be possible to adapt the whole philosophy of yoga into competitive sports, we shouldn’t underestimate yoga’s flexibility to adapt itself. From being an ancient spiritual pursuit for those seeking enlightenment and becoming a hippies’ fad, yoga has shown remarkable flexibility to become the most-chanted lifestyle mantra of today.

The point is that some kind of competitive sports based on one or more limbs of yoga is a distinct possibility. Though it may not live up to the loftier promises, yoga-based games and sports will do no harm. Instead, they will do a lot of good to the cause of yoga promotion. Yoga as a sport will comfort quite a many who see a baggage of faith and welcome the greatest number of people.

Though some fear a dilution, not all yoga protagonists are against such an innovation. Big names have openly spoken about taking yoga to the Olympics. Going by the rising global craze for yoga, mats are going to roll sooner in the sporting arena. The real challenge will be in drawing up a competitive format that not only conforms to the definition of modern sports, but also doesn’t dilute the core. I don’t see any difficulties in making yoga “amusing”, “leisurely”, or “entertaining”. When martial arts and gymnastics can qualify and even make it to Olympics, asanas, the most primed candidate for being turned into competitive sports, can definitely make the cut!

Traditional yogis who swear by the spiritual and philosophical lineage of yoga need not worry. The tradition is on their side. The eight limbs of yoga are so interconnected that even if one does asanas, and that too as an exercise or a game, the practitioner is most likely to experience other dimensions like meditation, one-pointedness and bliss.

Even asanas, the most gross form of yoga, hold out endless promises. Maharishi’s Patanjali Yoga Sutra envisions asanas as a means of attaining what’s beyond the obvious. That means that adapting them into competitive sports isn’t likely to rob them of the power to unveil the Infinity.

Is it time then to tick a Perfect 10 on that gravity-defying Sirsasana?

(A former journalist, M. Rajaque Rahman is a full-time volunteer of the Art of Living. He can be reached at [email protected])

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Analysis

A view through an infrastructure investor’s prism

Active policies to address the three issues revolving around the value, scarcity and contract enforcement that investors utilise to determine both investments and the required rate of return can help make policies useful.

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investment returns

Perspectives on infrastructure assets vary widely: While investors focus on investment returns, policymakers analyse both financial and socio-economic benefits. It would be worthwhile for policymakers to view things through an investor’s investment prism because an understanding of the critical factors that shape investment decisions will help frame better policies to expedite Indian infrastructure creation.

The “raw value” of an infrastructure project is what a potential investor evaluates first. For example, in a renewable energy wind project, the wind potential of a site is what an investor evaluates. For a transportation project, the investor evaluates the potential passenger traffic. This so-called “raw value” is a huge determinant of the financial viability of a project.

Segregating infrastructure sectors and projects by such “raw value” can help government and industry alike to work towards directing infrastructure capital more optimally. Additionally, such analysis helps in framing policies for those sectors that deliver very substantial social and economic value but are not financially viable on their own.

A robust framework that helps determine “raw value” can aid all the stakeholders, especially the government, to work with investors and multilateral trade agencies to find financing solutions for such socially and economically relevant projects. Eventually, India needs to create an information repository of sorts that provides the global investor base information and access by asset type and investment potential.

Once the “raw value” of a project is determined, an investor tries to gauge what is called its “scarcity value”. Take, for instance, transportation projects. If the transportation potential of connecting City “A” with City “B” is attractive, then is building an airport to connect the two cities the most optimal infrastructure asset? That is, in spite of the traffic potential, is an airport a “scarce” enough asset to deliver attractive returns?

The investor will gauge whether the airport is likely to face competition from a competing train network or a highway. Being cognizant of the long-dated nature of infrastructure assets is important. Hence investors will have to gauge the “scarcity value” of the asset to determine the attractiveness of the asset over the long investment horizon and, therefore, eventually decide on their willingness to invest in the asset.

It is essential for the government to find a balance between allowing investors to make returns commensurate with the risk taken and allowing the public to have access to a well-priced and high-quality infrastructure asset. The twin objectives of consistency and transparency in policy are crucial in this regard.

The government’s ability to formulate and communicate the strategy effectively regarding not just sectors but individual assets is vital. To indeed expedite infrastructure creation, granular policy across industries will be needed, more so for much-needed greenfield infrastructure projects.

Apart from “raw value” and “scarcity value”, an investor considers a third factor: The quality of the underlying contracts signed for the asset. Investors look for high-quality counter-parties with whom to sign contracts. More importantly, the government’s ability to deliver a robust legal system for contract-enforcement, as also a more efficient system for conflict-resolution, will attract more significant investments.

Lowering the risk perception for Indian infrastructure assets is essential not merely to attract more investments but also to attract investments at lower financing costs. Reducing the cost of capital is going to be a significant driver of infrastructure projects through their improved financial viability.

Another area that merits attention is the possibility of the government working even more closely with Export Credit Agencies of various countries to offer foreign exchange hedges, while “importing infrastructure investments”. Solutions that not only reduce the legal risk in investments but also partially eliminate the foreign exchange risk can help boost investments significantly.

Active policies to address the three issues revolving around the value, scarcity and contract enforcement that investors utilise to determine both investments and the required rate of return can help make policies useful.

Policy frameworks can potentially be refined using these three key factors that shape investment decisions. Most importantly, one does not need to improve concurrently on all three fronts for all infrastructure sectors; incremental improvement on one element can provide a significant fillip to infrastructure investments.

(Taponeel Mukherjee heads Development Tracks, an infrastructure advisory firm. Views expressed are personal. He can contacted at [email protected] or @Taponeel on Twitter)

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India kept its interests ‘safe’ at SCO Summit

If they look at the Northeast in the future from the BBIN (Bangladesh-Bhutan-India-Nepal) rubric, that is a different matter.

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SCO SUMMIT

New Delhi, June 12 (IANS) In keeping out of China’s Belt and Road Initiative (BRI) and signing an agreement on sharing of hydrological data on the Brahmaputra river and another on exporting rice following a bilateral meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping, India kept its interests safe in this year’s Shanghai Cooperation Organisation (SCO) Summit, experts said.

India has not extended support to President Xi’s flagship initiative as a key project under it, the China-Pakistan Economic Corridor (CPEC), passes through Pakistan-occupied Kashmir (PoK).

Modi reiterated India’s position that international connectivity projects should respect other countries’ sovereignty and territorial integrity. Stating that connectivity with neighbours and within the SCO area is a priority for India, Modi, during his intervention at the Summit in Qingdao, China, on Sunday said: “We welcome new connectivity projects that are inclusive, sustainable and transparent, and respect countries’ sovereignty and territorial integrity.”

The SCO is a Eurasian inter-governmental organisation, the creation of which was announced in 2001 in Shanghai by Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. It was preceded by the Shanghai Five mechanism. India and Pakistan were granted full membership of the bloc in June last year. In the final Qingdao Declaration issued after the Summit, India’s name is conspicuously missing in the part about the BRI.

According to Anil Wadhwa, Senior Fellow in the Vivekananda International Foundation think tank and former Secretary (East) in the External Affairs Ministry, the meeting between Modi and Xi was a forward movement from the informal meeting between the two leaders in Wuhan in April with decisions being taken to set up a special representatives-level meeting mechanism and to boost cultural relations between India and China.

As for India not extending support to the BRI, Wadhwa told IANS that nobody expected India to endorse Xi’s pet initiative.

“I don’t think it will affect India diplomatically as there is an understanding between both sides (India and China),” he said.

“If they look at the Northeast in the future from the BBIN (Bangladesh-Bhutan-India-Nepal) rubric, that is a different matter.”

However, Wadhwa sounded sceptical about the two agreements signed between India and China – a memorandum of understanding on the Chinese side providing hydrological data on the Brahmaputra river in flood season from May 15 to October 15 every year and an amendment to a 2006 protocol for exporting rice from India to China to include the export of non-Basmati varieties of rice from India.

“With China already having built three dams on their side of the Brahmaputra, I don’t know how useful the data will be,” he said.

As for exporting non-Basmati varieties of rice, he said that such a market does not currently exist in China and this has to be created.

However, Sujit Dutta, a domain expert on China who is also Professor in the Nelson Mandela Centre for Peace and Conflict Resolution in Jamia Milia Islamia here, was positive about the two agreements.

“India kept its interests safe. While the agreement on sharing Brahmaputra will benefit India, the one on rice exports will help our farmers,” Dutta said.

As for the BRI, he said that India has always made it clear that it would not support the Chinese initiative.

“How can India support something that threatens its sovereignty with the CPEC going through PoK?” he said.

Modi said in Qingdao that India’s commitment to connectivity is visible nevertheless in the International North-South Transport Corridor, the development of the Chabahar Port in Iran, to which India, Iran and Afghanistan are signatories, and participation in specific projects like the Ashgabat Agreement, a multimodal transport agreement between India, Iran, Kazakhstan, Oman, Turkmenistan and Uzbekistan.

Another reason for India not taking part in the BRI, Dutta said, is that Chinese loans for projects under this have high interest rates and terms and conditions are not transparent.

Giving Hambantota port in Sri Lanka as an example, he said that the port has been given to a Chinese company on a 99-year lease and Colombo will find it difficult to repay the loan.

He said that same is the case with Gwadar port in Pakistan and Islamabad might well come under Chinese influence after finding it difficult to repay loans.

“We (India) can’t become vulnerable to Chinese pressure and take loans which we can’t repay,” Dutta said.

According to C. Uday Bhaskar, strategic analyst and Director of the Society for Policy Studies think tank, the key takeaway from the SCO Summit “is the manner in which India conveyed to its SCO peers that it can remain resolute when it comes to core national interests, for example, sovereignty”.

“But it will also engage with the others in a principles, yet pragmatic manner,” Bhaskar said.

He said that the Indian stand on the BRI will be watched very closely not just by China, but all the other nations who have signed up.

“Hopefully, the Wuhan spirit will prevail with respect to the BRI and make the issue less intractable when President Xi visits India in 2019,” Bhaskar stated.

(Aroonim Bhuyan can be contacted at [email protected])

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