Thursday October 19, 2017
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Merkel visit: 18 MoUs inked, economy, security, languages in focus

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New Delhi: India and Germany on Monday gave a major boost to their bilateral ties, especially in the economic field, by inking 18 MoUs, including one for setting up a fast-track system for German companies in India, as Prime Minister Narendra Modi and German Chancellor Angela Merkel held talks here.

The range of MoUs, signed during Merkel visit, includes one on security cooperation, and another for promotion of German as a foreign language in India and for the promotion of Modern Indian languages in Germany.

Modi, in his speech, termed the bilateral mechanism of Inter-Governmental Consultation (IGC) as unique, saying it had helped bring growth in relations.

“We see Germany as a natural partner in achieving our vision of India’s economic transformation. German strengths and India’s priorities are aligned. And, so is our mutual goodwill,” he said, after holding the 3rd IGC with Merkel here.

He said both sides had convergence of views and rapidly growing cooperation in the field of clean energy and combating climate change.

Both agreed on the India-Germany Climate and Renewable Alliance for combating climate change, Modi said, and thanked Germany for its over one billion euro aid each for India’s Green Energy Corridor project and for solar projects in India.

“We look forward to a concrete outcome at COP21 (Conference of Parties) in Paris,” Modi said.

He said both sides will see a boost in partnership in areas of defence manufacturing, trade in advanced technology, intelligence, and countering terrorism and radicalism.

He thanked Germany for its strong support for India’s membership of the international export control regimes.

“As we discussed in the G4 Summit in New York, Chancellor and I are committed to pursue reforms of the United Nations, especially the Security Council,” Modi said.

He also thanked Merkel for the return of a 10th century statue of Durga in her Mahishasurmardini avatar from Jammu and Kashmir.

Modi said the statue is a symbol of the victory of good over evil.

He said: “This also suggests that in this age of transitions and turmoil, India-Germany partnership will be a force of good for the world.”

Merkel, in her media statement, said both sides held very good IGC and bilateral talks. She said the IGC mechanism has underscored the intensity of bilateral ties with India.

She said the inking of so many agreements is a “testimony to the dynamic relations”. She said more than 1,500 German companies are in India and more would be glad to open up in India. She commended the inking of the fast track agreement on German companies. “The speed at which you grant licences has increased, which is a good thing,” Merkel said.

She said Germany can help India in the area of sustainable development in the villages.

On expansion of the UN Security Council, Merkel referred to the meeting of the G4 countries of India, Germany, Japan and Brazil last week in New York and said the members of G4 are trying to seek permanent seat at the UNSC.

Both sides inked an agreement on security cooperation; an MoU on Solar Energy Partnership; for cooperation in the field of Skill Development and Vocational Education and Training; on Security Cooperation; railways and for cooperation in disaster management.

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Richard Thaler Supported Demonetisation, there is More to the Story

Demonetisation is what Richard Thaler had long supported. However, he remarked "Really? Damn," when he was informed about the introduction of Rs. 2,000 notes in place of the discontinued Rs. 500 and 1,000 notes thereby highlighting how his joy of seeing a step towards a cashless economy and reduction of corruption was momentary.

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Richard Thaler
Richard Thaler won the Nobel Prize in Economic Sciences on 9th October.Wikimedia

When Prime Minister Narendra Modi decided to scrape Rs 500 and Rs 1,000 notes last November, Nobel Prize winner Richard Thaler supported demonetization describing it as a policy that he had long supported.

Dr. Richard Thaler, a Professor of Economics and Behavioural Science at the University of Chicago won the Nobel Prize in Economic Sciences on 9th October.

Did Richard Thaler really support demonetization in the way BJP took it? There is more to the story than what meets the eye.

As soon as Thaler was declared the Nobel Prize winner, members of the Bharatiya Janata Party (BJP) started sharing Thaler’s tweet regarding demonetization on social media affirming that the move which was severely criticised by the members of the opposition was actually supported by a Nobel Prize winner. The BJP IT cell head Amit Malviya retweeted the old tweet within a fraction of a second.

However, Richard Thaler remarked “Really? Damn,” when he was informed about the introduction of Rs. 2,000 notes in place of the discontinued Rs. 500 and 1,000 note thereby highlighting how his joy of seeing a step towards a cashless economy and reduction of corruption was momentary.

It was not only the BJP supporters but also a large number of BJP leaders who were flowed away with incomplete picture depicted by Malviya and tweeted about it.‬ This included Union Minister Giriraj Singh, former BJP IT Cell Head Arvind Gupta, and many others.

Soon after, twitterati realized that the full picture of Thaler’s statement on demonetization was rather hidden.

Prime Minister Modi declared that the motivation behind scrapping Rs 500 and Rs 1,000 notes was to promote cashless economy and reduce corruption. This decision was severely criticised by different sections of the society putting on Modi the ultimate responsibility for heralding economic deceleration. Demonetisation pulled down India’s GDP growth rate to a mere 6.1% in 2016-17.

Some highlighted that the introduction of Rs 2000 note was an ephemeral panacea for remonetization and that its printing has been terminated.

-Prepared by Mohima Haque of NewsGram, Twitter: mohimahaque26

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PM Narendra Modi: Don’t believe in vote bank politics, Nation comes first

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Prime Minister Narendra Modi.
Prime Minister Narendra Modi. Wikimedia

Varanasi, Sep 23: Prime Minister Narendra Modi, on Saturday, said that the BJP did not believe in vote bank politics as the country was above party politics. This is his second day of the visit to his parliamentary constituency in Varanasi.

Modi told a gathering that he had launched a major war against corruption and the corrupt to ease the life of the common man. He also said cleanliness was worship for him as it could rid the poor of various diseases and a lot of economic burdens.

“Governance for us is not about votes or winning elections. The priority is the development of the nation. For us, the country is bigger than party,” he said, in his address to farmers in Shahanshahpur on the outskirts of Varanasi.

He said most of the problems faced by the common people in India were rooted in corruption.

“I have launched a war against it and will take it further to ensure that graft is weeded out from the country.”(IANS)

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PM Modi in Varanasi: Sanitation is worship, Cleanliness Is a Way to Serve the Poor

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The Prime Minister, Shri Narendra Modi addresses the gathering, at Shahanshahpur, Varanasi Varanasi, Uttar Pradesh on September 23, 2017.

Varanasi, Sep 23 :  Prime Minister Narendra Modi, while addressing a public gathering in Varanasi said that sanitation is worship for him, as it can rid the poor of various diseases.

The gathering was largely attended by people on the second day of his Varanasi visit. Modi visited, Shahanshahpur a village of his Lok Sabha constituency. Where he laid the foundation stone of a public toilet in the area.

“That is because sanitation is also a kind of worship for me. It will rid the poor of my country of various diseases and the economic burden due to those diseases that result from dirty surroundings,” he said while addressing people there.

He said while no one likes garbage, everyone in India shies away from the responsibility of keeping their surroundings clean.

“It is the responsibility of every citizen and every family to keep their surroundings clean so we are able to build clean villages, clean cities and a clean nation,” Modi said.

The Prime Minister urged people to take one resolution each, to improve the nation by 2022. The year will also mark the 75 years of independence.

“In the coming five years, we have to be committed towards that resolution. If 125 crore people take one resolution each and live up to it, then the nation would move 125 crore steps forward in the next five years,” he said.

(IANS)