ISLAMABAD: According to the Ministry of Finance, it has completed all procedural formalities with Chinese counterpart for a facility of $ 2.1 Billion.
The amount, due to be received on Monday 25th of March, would further strengthen the country’s balance of payment situation. The funds that would be deposited in SBP would also strengthen foreign exchange reserves position.
No Pak soldier or citizen died in Balakot airstrike: Sushma Swaraj
AHMADABAD: Indian External Affairs Minister and BJP leader Sushma Swaraj Thursday said no Pakistani soldier or citizen died in the air strike carried out by the Indian Air Force across the border in response to the Pulwama terror attack in February.
“When we carried out air strike across the border after the Pulwama terror attack, we had told the international community that we took that step in self-defence only.
“We had told the international community that the armed forces were instructed not to harm any Pakistani citizen or its soldier during the strike,” she said.
“The Army was told to target only the terror camps of the Jaish-e-Mohammed, which had taken the responsibility for the Pulwama attack.
“And, our Army did the same without harming any Pakistani citizen or soldier,” said Ms Swaraj.
Modi seeking re-election by running anti-Muslim campaigns: NYT
NEW YORK: India’s Prime Minister Narendra Modi is seeking re-election by stoking fear among the Hindu majority of the potential dangers posed by Indian Muslims and Pakistan, and not on the basis of his performance over last five years, according to an opinion piece published in The New York Times Thursday.
“The campaign for the votes of 900 million Indians in the continuing national elections, being conducted in seven phases from April 11 to May 23, has taken a rancorous and religiously polarized tenor, which is unprecedented even for India,” Hartosh Singh Bal, Political Editor of The New Delhi-based Caravan magazine, wrote in an op-ed piece, “Modi’s Campaign of fear and Prejudice”.
“Mr. Modi is not seeking to persuade the Indian voters to vote for him and his party on the basis of his record while governing India for the past five years or by presenting compelling ideas for India’s future,” Bal said. “Mr. Modi is seeking votes by doing what he does best: raising and stoking fear among the Hindu majority of the potential dangers posed by the presence of a large Muslim minority in India.”
Since he first consolidated power and built his political capital on the back of religious violence against Muslims in Gujarat in 2002 under his watch as chief minister, the NYT article said, Mr. Modi has mastered the art of linking the threat of terrorism, Muslims and Pakistan.
“His (Modi’s) strategy has worked in every election he has deployed it in.
His current campaign is taking place in the wake of the Feb. 14 suicide attack in Pulwama district of Indian-held Kashmir, which killed 40 Indian paramilitary soldiers, Bal wrote. The attack was followed by a few weeks of intense escalation and cross-border airstrikes by India and Pakistan.
“Mr. Modi has made the Pulwama attack the basis of his most recent recasting of the theme of a terrorism-Pakistan-Muslim threat. On April 9, at a campaign rally, Mr. Modi directed his attention toward young Indians voting for the first time: ‘Can your first vote be dedicated to the valiant soldiers who carried out the airstrike in Pakistan? Can your first vote be dedicated to the brave martyrs of Pulwama’?”
The article said:
“A tactic that Mr. Modi and his party have used in the hope of getting Indians to shed their argumentative nature and conform to their interpretation of militant nationalism is an unprecedented exaltation of the Indian armed forces. They seem to have taken a leaf out of the Iranian playbook by seeking to create a cult of martyrdom by constant references to slain Indian soldiers as martyrs. The usage has been amplified by a largely compliant mass media.
“Last week, Yogi Adityanath, who was appointed as the chief minister of Uttar Pradesh, the most populous Indian state, in 2017 by Mr. Modi, described the Indian Army as Modi’s army. Mr. Adityanath, a firebrand Hindu ascetic, who faces many accusations of stoking and participating in religious violence, was only crudely stating what his leader had already conveyed in a calibrated and effective manner.
“A few days after his ‘Modi’s army’ remark, Mr. Adityanath continued with the strategy of religious polarization by painting India’s leading opposition parties as Muslim parties that were fighting his Hindu party. The Samajwadi Party has significant support among lower-castes and Muslims in Uttar Pradesh, and the Bahujan Samaj Party has serious support among India’s Dalits and is headed by Kumari Mayawati, the first Dalit woman to be a chief minister in India. The two parties have formed a coalition to fight Mr. Modi’s BJP in these elections.
“Ms. Mayawati responded by calling upon India’s Muslims, about 15 percent of the population, not to split their votes among various parties, as that would benefit the B.J.P. Both Mr. Adityanath and Ms. Mayawati have been temporarily barred from campaigning by the Election Commission of India, which conducts the elections, for directly calling upon Hindus and Muslims for their votes.
“The Hindu nationalists frame the ‘threat’ posed by the Muslim minority by associating them with Pakistan and by raising the specter of an increased Muslim population with illegal immigration of Muslim migrants from Bangladesh, who are described as “infiltrators.”
“This fear of immigrants is the staple of right-wing populists from President Trump to Prime Minister Viktor Orban of Hungary. But nowhere is the fear more imaginary than in India, where the Hindu majority of 965 million dwarfs the Muslim minority of about 170 million, and where the two communities have lived together for over 1,000 years. But for a man with Mr. Modi’s rhetorical skill, facts are easy to set aside.
“Amit Shah, the president of Mr. Modi’s B.J.P. and his closest associate from his Gujarat days, declared that if re-elected, their government will throw out every illegal immigrant who is not a Buddhist, a Hindu or a Sikh. That left Muslims and Christians.
“And yet again on campaign trail, Mr. Modi, whom nobody would accuse of being bothered about minority rights, sought to use the persecution of Hindu and Sikh minorities in Pakistan to whip up passions of Hindu voters. ‘The fundamentalists tortured our brothers and sisters in Pakistan. Is Congress not a culprit for this?’ Mr. Modi said. ‘Our daughters are being tortured in Pakistan even now,’ he added.
“For Mr. Modi and his party, such rhetoric is the path to one more election victory, but the changes it sets in motion are not easy to reverse. The antipathy between Hindus and Muslims that he stoked in 2014 was manifest in the low-grade violence and bigotry against the Muslim minority over the next five years. The more permanent this antipathy becomes, the more it is likely to challenge the very fundamentals of India’s democratic polity, which, however awkwardly, has so far managed to accommodate its diversity.”
Tokyo bourse opens modestly higher
TOKYO: The bourse opened here marginally higher today with help from a cheaper yen, but investors were cautious ahead of Easter holidays on overseas markets.
The benchmark Nikkei 225 index was up 0.05 percent or 11.42 points at 22,289.39, while the broader Topix index climbed 0.09 percent or 1.48 points at 1,632.16.