Tuesday November 13, 2018
Home India Modi govt. is...

Modi govt. is developing Buddhist tourism in the country

He said that Buddhism has forged a link between India and many Asian countries like China, Japan, Korea, Thailand, Cambodia, and Myanmar where Lord Buddha's preachings were of their traditions.

0
//
Modi said the country has inherited Lord Buddha's wisdom.
Buddha statues. Pexels
Republish
Reprint

Prime Minister Narendra Modi on Sunday said that Centre was taking initiatives to develop infrastructure for Buddhist tourism in an attempt to connect Southeast Asia to the important Buddhist sites in the country.

“We are developing infrastructure for Buddhist tourism, which is going to connect Southeast Asia with the important Buddhist sites of India. I am also very pleased that the government is a partner in the restoration of many Buddhist temples which also includes the centuries old Anand Temple in Bagan, Myanmar,” Modi said in his monthly radio programme “Mann Ki Baat”.

Prime Minister Narendra Modi on Sunday said that Centre was taking initiatives to develop infrastructure for Buddhist tourism in an attempt to connect Southeast Asia to the important Buddhist sites in the country.
Narendra Modi, wikimedia commons

Modi said the country has inherited Lord Buddha’s wisdom.

He said that Buddhism has forged a link between India and many Asian countries like China, Japan, Korea, Thailand, Cambodia, and Myanmar where Lord Buddha’s preachings were of their traditions.

Also Read: LGBT activists in London call for decriminalisation of homosexuality

“Today, when there is confrontation and human suffering prevalent everywhere in the world, Lord Buddha’s teachings show the way to rid hatred from the world with compassion. I wish people all over the world who revere Lord Buddha and believe in the principles of his compassion, an auspicious Buddha Purnima,” Modi said.

People in India must be proud of the fact that the country was Lord Buddha’s birthplace.

“Today, as we remember Lord Buddha, you must have heard about the idols of laughing Buddha, it is said that laughing Buddha brings one good fortune, but very few people know that smiling Buddha is also associated with an important event in India’s defense history,” Modi said while pointing out that a nuclear test was conducted in Pokhran, Rajasthan on Buddha Purnima on May 11, 1998.

Buddha Purnima will be observed on Monday. (IANS)

 

Click here for reuse options!
Copyright 2018 NewsGram

Next Story

The Answer to The Impending Questions On Demonetization Are Here

While it did broaden the country’s tax base, it was a nightmare for the immense, cash-dependent informal economy.

0
crop loan
Indian Currency. Pixabay

Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, Resever Bank of India  has announced, indicating the move did little to slow the underground economy.

Prime Minister of India, Narendra Modi’s currency decree, which was designed to destroy the value of billions of dollars in untaxed cash stockpiles, caused an economic slowdown and months of financial chaos for tens of millions of people or demonetization.

Modi announced in a November 2016 TV address that all 500-rupee and 1,000-rupee notes, then worth about $7.50 and $15, would be withdrawn immediately from circulation. The banned notes could be deposited into bank accounts but the government also said it would investigate deposits over 250,000 rupees, or about $3,700. The government eventually released new currency notes worth 500 and 2,000 rupees.

 

demonetization
An activist of Congress party hold the banned 500 and 1000 rupee notes.

 

In theory, the decree meant corrupt politicians and businesspeople would suddenly find themselves sitting on billions of dollars in worthless currency, known here as “black money.”

“A few people are spreading corruption for their own benefit,” Modi said in the surprise nighttime speech announcement of the order. “There is a time when you realize that you have to bring some change in society, and this is our time.”

But even as the decree caused turmoil for those in India who have always depended on cash — the poor and middle class, and millions of small traders — the rich found ways around the currency switch. In the months after the decree, businesspeople said that even large amounts of banned currency notes could be traded on the black market, though middlemen charged heavy fees.

demonetization
Prime Minister Narendra Modi along with mayor, flickr

The reserve bank of India report said in its Wednesday report that 99.3 percent of the $217 billion in notes withdrawn from circulation had come back into the economy. Some officials had originally predicted that number could be as low as 60 percent.

Also Read: Diverse Gathering To Be Addressed This World BioFuel Day: PM Narendra Modi

“Frankly, I think demonetization was a mistake,” said Gurcharan Das, a writer and the former head of Proctor & Gamble in India. He said that while it did broaden the country’s tax base, it was a nightmare for the immense, cash-dependent informal economy.

“You can’t overnight change that in a country which is poor and illiterate. Therefore, for me it’s not only an economic failure but a moral failure as well,” Das said. (VOA)