Telangana CM to meet DMK leaders Karunanidhi and Stalin in Chennai on Sunday

WUHAN: In a main takeaway from the Modi-Xi informal summit India and China have agreed to work mutually on an economic undertaking in Afghanistan a development that may be predicted to discomfit Pakistan that has worked strenuously to exclude India from a location it considers as its strategic outside. An official source talking on situation of anonymity found out that India and China discussed participation in a mission and that info are being worked out through diplomatic channels. An Indian and Chinese convergence on Afghanistan taking the form of a joint undertaking is ground-breaking. It s a sign that the 2 leaders to an extent did manipulate to deal with the distrust which has marked ties in the past few years said a supply. Pakistan s reaction to the development could be keenly watched as Islamabad is in talks with Beijing to increase its economic hall with China (CPEC) to Afghanistan. An India-China initiative in a country in which Pakistan-subsidized terrorists have targeted Indian nationals and tasks is at odds with Islamabad s expectancies of its all- climate ally. The Xi-Modi summit additionally noticed the leaders giving strategic steerage to respective militaries to build consider and know-how and calling for prudent management of differences with mutual sensitivity . They recognised the not unusual chance of terrorism and iterated robust and resolute opposition to terrorism. They dedicated to cooperate on counter-terrorism the Indian assertion at the summit stated. While foreign secretary Vijay Gokhale persevered to maintain that the summit wasn t about specifics it became apparent from his comments and the press release that Modi outlined India s worries on terrorism and indeed the border dispute in some element while the overarching goal become to forge a not unusual understanding of future route of India-China members of the family while prudently managing differences. Asked about whether or not troubles like China s competition to India s NSG membership and a UN ban on Pakistan-primarily based Jaish-e-Mohamed leader Masood Azhar have been raised Gokhale stated it is sizeable that the nations agreed to reinforce speak mechanisms so one can address such issues. The vital takeaways are that we've got agreed to have extra such summits and additionally the settlement between the leaders for greater strategic communique at the management level which allows for free and frank discussions on all matters of hobby said Gokhale. I assume it's far vital to endure in thoughts that a brand new sort of diplomatic arrangement has been arrived at... It will have a tremendous impact shifting ahead he stated. As stated by means of TOI on Friday the leaders had six engagements which includes nearly an hour-long boat journey. While agreeing that disputes like Doklam are avoidable the leaders underscored the importance of keeping peace and calmness in all areas of the India-China border area in the larger interest of the general improvement of bilateral family members. Indian officials did no longer reveal whether or not Xi had raised the problem of India s participation in Belt and Road Initiative (BRI) but officials stated after the conferences that India s role had now not changed one bit. In the immediate run it's far the selection to cooperate in Afghanistan that's certain to catch attention now not most effective in Islamabad but additionally in other global capitals. This follows the China-Pakistan-Afghanistan trilateral in advance this month in which Chinese overseas minister Wang Yi stated China and Pakistan ought to have a look at extending CPEC to Afghanistan. Both India and China are crucial gamers in Afghanistan and there s no cause they could t work collectively for financial advantages of the battle-torn u . S . Stated an legitimate. India until now has been wary of developing Chinese position in Afghanistan because of Beijing s partnership with Pakistan. However ...Now not just China however additionally Russia India s maximum essential strategic accomplice now completely backs Kabul s peace talks with the Afghan Taliban. In keeping with the Astana consensus Modi and Xi also agreed that each facets have the maturity and information to address the variations thru non violent discussion bearing in thoughts the significance of respecting each different s sensitivities worries and aspirations. By Ajay Srivastava We automatically hear positive remarks on India-China trade all Chinese items are reasonably-priced and of low high-quality; China s proportion in India s imports is alarmingly excessive; India constantly had a excessive change deficit with China. To recognize the reality we tested 5 popular claims the usage of sing data. Here are the effects: Myth One: Chinese merchandise are cheapThis is partially real. About 30% of the products from China include big reductions but the last arrive at the standard market fees. How were the numbers arrived at? Let us use an example to apprehend. India imports one hundred pens from China at Rs 500 and 50 pens from the rest of the sector at Rs 500. India pays Rs five for a pen from China and Rs 10 for a pen from the rest of the arena (RoW). This makes Chinese pens less expensive by using 50%. Following this logic we as compared the common unit value of the goods imported from China with those from the RoW. We list some critical products that input India at deep reductions. Figures in brackets imply the distinction via which the Chinese rate is decrease than the RoW rate: insecticides (88%) machines for making embroidery (56.8%) equipment bins (18.6%) pick out natural chemical compounds and pharmaceutical raw cloth (20-90%) urea (15%) pc printer (17%) parts of washing system (59%) petroleum coke (36%) refrigerators (34%) sun cells (fifty eight%) viscose yarn (sixty eight%) lithium battery (38%) copper foils (24%) air purifier (45%). For such products rate has little relation with the fee of manufacturing. China indulges in predatory pricing to begin with charging low to kill opposition and get assured marketplace get admission to on a product. Once marketplace dominance is executed it starts charging market fees. Myth Two: Chinese merchandise are of low qualityNot genuine. Data show China makes merchandise of various fine to cater to all segments of shoppers. Products of low best are made to satisfy the desires of a certain category of shoppers and not necessarily due to the fact the usa lacks knowledge. But strategic merchandise from China are of excessive nice and feature newly introduced capabilities. For example during 2013-16 China enhanced the nice of solar cells exported to India and also charged higher expenses for these. As a result the unit cost of solar cells from China rose with the aid of 68.7% at some point of this era. India s solar cellular imports from China increased from six hundred million to two.Eight billion during this period. So China not handiest improved unit fees but additionally multiplied exports and market penetration. Currently 88% of India s sun cells come from China. Product high-quality and unit costs also extended for most digital products such as laptops and printed circuit forums. Myth Three: China s proportion in India s imports is alarmingly highNot real. To apprehend allow us to evaluate China s proportion in India s worldwide imports with those of some other international locations. China s proportion in India s global imports is sixteen.2%. The discern for Japan Korea and the US is 25.8% 21.Four% and 21.Four% respectively. Hence China s share in India s worldwide imports isn't any cause for alarm. Myth Four: We import best purchaser goods from China Partly real. Most of India s imports from China are cost-delivered merchandise that include no longer merely customer items however additionally goods utilized by enterprise machinery and intermediate items. About 92% http://programmermeetdesigner.com/user/profile/saifkhanze of India s imports from China belong to 4 categories: digital engineering chemicals and prescription drugs. India s electronics electricity and prescribed drugs sectors significantly depend on China. For instance ninety% of active pharmaceutical substances (APIs) utilized by the Indian pharma industry are sourced from China. Raw materials account for much less than 1% of India s imports from China. China debts for more than 95% of imports of India for daily use items: blankets and journeying rugs bed linen synthetic plants ceramic tableware kitchenware toddler carriages clock moves tricycles festival gadgets combs vacuum flasks candles. These are low technology labour-extensive producers. Our dependence on China for these merchandise become less than 10% in 2005. Myth Five: India constantly had a excessive exchange deficit with ChinaNot authentic. Look at China s change facts for 2003-05. India had a trade surplus then. The hassle commenced quickly after. India exported items well worth 10 billion to China in 2005. We shipped items really worth 12 billion in 2017-18. But all through 2005-18 imports from China zoomed and New Delhi s change surplus was a deficit of more than 50 billion. The actual difficulty is that Japan Korea and the US ship 17.6 25.1 and eight.7% in their respective general exports to China. But India ships simply 4.2%. The problem therefore is low stage of exports from India to China. The bilateral import-export ratio (IER) in admire of China confirms the low export tale. India s import-export ratio (IER) in exchange with China is a excessive five.Eight (India s exports to China is 12.Five billion; India s imports from China is 72 billion). Improving IER with China has now come to be a country wide obsession of US President Donald Trump even though it is 4.2 (US export to China is one hundred thirty billion; imports from China 550 billion) that is better than that of India. India s trade deficit with China is due to Beijing s policies that ensured technical advancement state help and selective de-linking of value and charge. China s planned strategy to stifle imports from India performs no small part on this. India desires to make certain that its valid exports to China are not stifled. Also New Delhi should lessen the essential dependence on Beijing for any product. A reinforced manufacturing zone and smart use of change policy equipment to barter get admission to for its merchandise and offerings exports are crucial. (The writer is from Indian Trade Service. Views are private) RATNAGIRI: Sitting at a sharbat stall in Sagave Katradevi Majid Bhatkar factors to the vacant lot where Shiv Sena chief Uddhav Thackeray held a rally two days earlier on April 23. The village in Ratnagiri district of Maharashtra s Konkan area is close to Nanar the proposed website online of a large refinery and petrochemicals complicated which has end up a political warm potato. In his speech Thackeray hectored the Shiv Sena s best friend within the ruling coalition within the country the Bharatiya Janata Party towards proceeding with the venture. We won t allow the authorities to acquire even an inch of land he reportedly said. Three days later he known as for the refinery to be shifted from the coastal district to the inland Vidarbha area within the country. The undertaking calls for 14 000 acres of land in 14 villages of Ratnagiri and 1 000 acres in two villages of Sindhudurg the neighbouring district. Even in which we are sitting might be long past says Bhatkar a mango farmer and proprietor of fishing boats. He provides that 80% of the land is used for agriculture and that over 16 lakh mango trees and three lakh cashew timber the mainstay of the location could be lost. (The district is understood for its Alphonso mangoes.) Bhatkar notes that not like the farmers the affected fishermen will not get land acquisition reimbursement. The land is proposed to be received beneath the Maharashtra Industrial Development Corporation (MIDC) Act 1961. According to locals 22 000 farmers and 4 500 fisherfolk might be impacted. Land acquisition has hobbled many a massive undertaking in India together with Tata Motors Nano plant in Singur in West https://www.zintro.com/profile/zi0d43f8ba?ref=Zi0d43f8ba Bengal and South Korean steelmaker Posco s venture in Jagatsinghpur in Odisha. At Loggerheads While there was some neighborhood competition to the Ratnagiri assignment since the nation government issued a notification for land acquisition in May 2017 it's far handiest inside the final couple of weeks that it has emerge as a complete-blown political problem. Saudi Aramco an oil behemoth on April 11 have become a partner inside the Rs 3 trillion project which have been initiated by using a joint mission among three country-owned corporations the Indian Oil Corporation Hindustan Petroleum Corporation and Bharat Petroleum Corporation. Saudi Aramco and some other capability investor will maintain 50% IOC will own 25% and HPCL and BPCL 12.5% every. Saudi Aramco at the side of any other strategic foreign associate will maintain 50% in Ratnagiri Refinery and Petrochemicals Ltd (RRPCL) and the Indian businesses the relaxation. The refinery will procedure 1.2 million barrels of crude consistent with day or 60 million tonnes per annum (mtpa) as an awful lot as the 2 refineries at Reliance Industries Jamnagar complicated the largest in the global. The Ratnagiri venture will even have a ability to provide 18 mtpa of petrochemicals merchandise. Since the Saudi Aramco announcement besides the Shiv Sena opposition parties just like the Congress and the Nationalist Congress Party have tried to capitalise on the difficulty. Everyone is opposing the task however we don t recognize in the event that they mean it or simply doing it for politics. But we've got some wish within the Shiv Sena says Bhatkar. Since the land is but to be received it is enterprise as standard wherein the project is about to give you farmers busy with the mango harvest season. There is not a great deal going on except a widening of the street. When contacted Saudi Aramco so that it will additionally supply some of the refinery s crude requirements declined to remark. The Shiv Sena is the dominant celebration inside the area prevailing 5 out of the eight assembly constituencies within the two districts and the only Parliamentary seat in 2014. The Shiv Sena has been at loggerheads with the BJP concerned about the latter s developing footprint in Maharashtra. The events fought the 2014 meeting polls one by one in which the BJP gained nearly two times as many seats because the Shiv Sena but got here together to shape the government. The Shiv Sena has frequently attacked the BJP and has sworn to fight the 2019 polls on its own and its competition to the refinery must be visible in that context. But the party s Vinayak Raut the MP from Ratnagiri-Sindhudurg disputes that. This is not an election issue this is approximately the villagers lifestyles. The birthday party has are available in for complaint in its competition to the mission now and now not whilst the land acquisition notification become issued for the reason that enterprise minister Subhash Desai is certainly one of its very own. The notification changed into most effective to find out if the people are going to simply accept it says Raut. At the rally in Sagave Katradevi Desai stated the notification had been cancelled a declare contradicted with the aid of Chief Minister Devendra Fadnavis who said he could take a selection which was within the larger interest of the Konkan location and the country. The CM is ready to talk to the locals and recognize all their valid objections says Madhav Bhandari a spokesperson for the BJP. He provides that the Shiv Sena has lost the confidence of the people. The Shiv Sena s role in this has been doubtful. Both the BJP and the Shiv Sena are trying to fool the humans provides Ashok Chavan a former Chief Minister and president of the kingdom unit of the Congress. While Raj Thackeray s Maharashtra Navnirman Sena and Narayan Rane s Maharashtra Swabhiman Paksha also are against it the Nationalist Congress Party will make its stand clear after its leader Sharad Pawar visits Nanar on May 10. MNS employees vandalised an RRPCL office in Mumbai earlier this month. Uddhav Thackeray s proposal that the task be moved to Vidarbha might not be as economically viable as having the challenge on the coast. Out of India s 23 refineries eleven are on the coast as are three-fourths of their total ability of nearly 248 mtpa mostly on the western coast given India s dependence on imported crude typically from the Middle East. Energy Needs