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Second Group Of Rohingya Muslims Get Deported By India

A United Nations report published in August accused the Myanmar military of committing mass killings and rapes with "genocidal intent" in 2017.

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Rohingya, india
Rohingya women and children are seen at a temporary shelter in the Kalindi Kunj area of New Delhi, India, April 15, 2018. VOA

India deported a second small group of Rohingya Muslims to Myanmar Thursday as part of what it said was an ongoing crackdown on illegal immigrants.

A police official in India’s northeastern Assam state, Bhaskar Jyoti Mahanta, said a family of five Rohingya was handed over to Myanmar authorities at a border crossing in Manipur state. A group of seven Rohingya was the first to be deported in October.

Rohingya, India, myanmar
A man from the Rohingya community fills out an identification form provided by local police inside his shop at a camp in New Delhi. VOA

India’s Hindu nationalist government considers some Rohingya a security risk and has ordered tens of thousands of those who live in small settlements to be repatriated.

A brutal Myanmar military campaign has forced some 700,000 Rohingya to flee to neighboring Bangladesh since August 2017. About 40,000 other Rohingya have taken refuge in India.

Also Read: Rohingya Shot in Rakhine Camp By Myanmar Police Raises United Nation’s Concern

A United Nations report published in August accused the Myanmar military of committing mass killings and rapes with “genocidal intent” in 2017.

Myanmar has denied the accusations, maintaining the military responded to Muslim militant attacks on security positions. (VOA)

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Automotive Industry To Benefit From Corporate Tax Cut, Says ICRA

India's automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday

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India, Tax cut, Automotive Industry
India's automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut. Wikimedia Commons

India’s automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday.

“Under the current weak demand conditions, OEMs (original equipment manufacturers) are expected to pass on some of the benefits of tax revision to the end consumers,” ICRA Vice President and Sector Head Pavethra Ponniah was quoted in a statement.

“This implies that the price correction in coming months will to an extent address the demand side issues. Moreover, clarity from the government, that there is no further GST or cess revision, will help consumers who were waiting for improved clarity prior to their car purchase decision,” she added.

According to ICRA, the current reduction of corporate tax rates in India to globally competitive levels will incentivise OEMs and their vendors to increase localisation, which augurs well for the industry.

In 2019-2020, India has imported auto components worth $17.6 billion.

India, Tax cut, Automotive Industry
the current reduction of corporate tax rates in India to globally competitive levels will incentivise OEMs and their vendors to increase localisation. Pixabay

ICRA also said that given the increasing US-China trade tensions, revision in corporate tax will attract FDI in Indian manufacturing sector, as the revised tax structure is now in line with other emerging markets.

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“In the current fiscal, the Indian automotive industry, especially the passenger vehicle segment, has witnessed one of the worst slides since the last two decades because of multiple factors,” the ratings agency said in a statement.

“Tighter financing environment for consumers and the liquidity crunch faced by dealerships coupled with weak farm income and overall slowdown in economic activity has impacted consumer sentiments and purchasing behaviour,” the statement added. (IANS)