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India Gives $4.5-Billion line of credit to Bangladesh for development projects, Signs first-ever pact on Defense cooperation

Indian Prime Minister Narendra Modi announced an additional $500 million in credit for Bangladesh to buy military equipment from India during the visit to New Delhi by Bangladeshi Prime Minister Sheikh Hasina

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Indian Prime Minister Narendra Modi shakes hand with his Bangladeshi counterpart Sheikh Hasina at the Presidential Palace in New Delhi, India, Saturday, April 8, 2017, VOA
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New Delhi, April 8, 2017: India and Bangladesh signaled deepening ties Saturday as New Delhi committed a $4.5-billion line of credit to Dhaka for development projects, and the two countries signed their first-ever pact on defense cooperation.

Indian Prime Minister Narendra Modi announced an additional $500 million in credit for Bangladesh to buy military equipment from India during the visit to New Delhi by Bangladeshi Prime Minister Sheikh Hasina.

Calling India a “long standing and trusted development partner,” Modi said that the new credit lines “bring our resources allocation to Bangladesh to more than $8 billion over the past six years.”

Both leaders reaffirmed their close ties during the Bangladeshi prime minister’s first visit to India in seven years, with Modi speaking of a “golden era” in their friendship and Hasina saying their friendly ties would benefit South Asia.

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The two countries signed 22 agreements, including one on civil nuclear cooperation that aims to help Bangladesh develop its civilian nuclear program.

Many in New Delhi see the deal for defense cooperation over the next five years as the key breakthrough that will help reduce Bangladesh’s reliance on China for its military needs.

Worried by the growing Chinese influence in its neighborhood, New Delhi has made a concerted push in recent years to grow strategic ties with neighboring countries. Bangladesh’s purchase of two submarines from China last year deepened those concerns in India.

Calling the defense pact a feather in India’s cap, Sukh Deo Muni, a South Asia expert at New Delhi’s Institute of Defense Studies and Analyses, said,“India does not want China to consolidate defense ties just next to its belly, that is true.”

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Although the political opposition in Bangladesh has denounced the pact, independent analysts in Dhaka was optimistic that it will help achieve balance.

“Approximately 80 percent dependency at this moment you see on China, so it should be brought down. That actually reduces our vulnerability,” said Abdur Rashid, Executive Director of the Institute of Conflict, Law and Development Studies in Dhaka. “If one is interrupted we can depend on the other.”

A new rail link between the Indian city of Kolkata and Khulna in Bangladesh, and a bus link between Kolkata and Dhaka also were inaugurated, while another old rail link was restored to coincide with Hasina’s visit. The Bangladeshi leader said the greater connectivity is vital for the region’s development.

A key water-sharing agreement that Dhaka has long pushed for, however, eluded Hasina.

Although New Delhi favors such an arrangement, opposition from West Bengal state in India, through which the Teesta River flows into Bangladesh, has prevented the two countries from clinching a deal.

As Modi assured her of his commitment to conclude a deal, the Bangladeshi leader sounded a note of optimism. “I believe we shall be able to get India’s support in resolving these issues expeditiously,” said Hasina.

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The two countries have had a close relationship since 1971, when India helped Bangladesh gain independence from Pakistan following a bloody nine-month war. (VOA)

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An insight into the biggest political parties of India

The next state polls of 2018 will be an acid test for Rahul Gandhi to prove his mettle as a leader

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The recent clash of BJP and Congress have re-balanced the political scenario of India. Wikimedia Commons
The recent clash of BJP and Congress have re-balanced the political scenario of India. Wikimedia Commons

NEW DELHI: Indian being a political democratic country, houses a lot of political parties. Since independence, many new parties have emerged to take up the fight for various sections of the society. One of the examples of such a party is AAP (Aam Admi Party). AAP came up with strong political ethics to root out issues faced by a commons man but now the very existence of this party is in question due to poor performance and incompetence of some of its top leaders. But the most prominent of all of the political parties in India are BJP (Bharatiya Janta Party) and the Indian National Congress.

BJP encouraged the construction of the temple of God Rama at the site of the Babri Masjid. Wikimedia Commons
BJP encouraged the construction of the temple of God Rama at the site of the Babri Masjid. Wikimedia Commons

In 1980, BJP surfaced from a former party known as Bharatiya Jana Sangh which was founded by Syama Prasad Mookerjee. BJP’s agenda during the 1980s focused on the ‘Ram Janambhoomi movement’. The party encouraged the construction of the temple of God Rama at the site of the Babri Masjid. This issue gave the Hindu colour denomination to BJP and in 1996; it emerged as the largest party in the parliament. After being kept away from the power for long, Narendra Modi led the BJP to unprecedented heights in the last elections and the competition was put up by him was unmatchable.

On the other hand, Congress is a more matured political party of India. It got established in the year 1885. After the independence, Pt. Jawaharlal Nehru became the leader of free India. Nehru was the front face of the political governance in India but after his assassination, his daughter Indira Gandhi took the charge and became the prime minister in 1966. Unfortunately, Indira Gandhi also got assassinated and her son, Rajiv Gandhi took up the reigns of the party. In the sequence of assassination, Rajiv Gandhi was the next target. Sonia Gandhi came to power in 1998 and she led the party from the front in 2004 elections. This resulted in the political rule of Congress under Manmohan Singh.

After the independence, Congress head Pt. Jawaharlal Nehru became the leader of free India. Wikimedia Commons
After the independence, Congress head Pt. Jawaharlal Nehru became the leader of free India. Wikimedia Commons

The recent Assembly election of Gujarat was a real eye-opener for many, as the people’s right to vote was seen quite considerably y exercised. The Congress resistance in the very own fortress of Narendra Modi was a heavy blow to the Modi wave that swept the country. Although, BJP had the last laugh in the election results but the close fight Syama Prasad Mookerjee from the Congress side was appreciable. The new trend seems to be rebalancing the political scenario in India. The tussle between the BJP and Congress will definitely go down in the history of Indian politics.

Nowadays, Twitter is another playground for political parties. The rule of social media platforms has pushed Indian leaders to communicate in the same manner. It’s vividly seen that people take up to twitter to express their views and differences. Rahul Gandhi vetted his displeasure over the performance of BJP in the latest series of attacks by Rahul against Prime Minister Modi.

Last month only, Rahul Gandhi was crowned as the party head. Therefore, the state polls of 2018 will be an acid test for Rahul to prove his mettle as a leader. It will be interesting to see the new strategies that will be deployed by Congress to take an edge over their arch rivals, BJP.