Prime minister’s news conference

Prime Minister Manmohan Singh gave his rare news conference on Monday to mark the ruling coalition’s first year in office.

Following are the highlights of Prime Minister Manmohan Singh’s news conference:

ECONOMY

* Expects inflation to moderate to 5-6 percent by December 2010

* Expects 8.5 percent GDP growth in FY11

* Medium-term target to achieve 10 percent economic growth annually

* Prices showing signs of moderating trend

* Prices continue to be matter of deep concern

* Government attaches highest priority on containing inflation

* Together with state governments will take more steps to bring down prices

DIPLOMACY

* Nuclear agreement with the United States will move forward

POLITICS

* Prime Minister hopes all political parties will support nuclear liability bill

(Compiled by Bappa Majumdar, Rajesh Kumar Singh and Abhijit Neogy; editing by Malini Menon)

(For more business news on Reuters Money visit http://www.reutersmoney.in)

Russia to reveal nuclear stockpile data

Moscow, May 13 (IANS/RIA Novosti) Russia is considering disclosing data on its nuclear stockpile, a Foreign Ministry spokesman said Wednesday.

The statement came just over a week after the US Department of Defence for the first time revealed top-secret data on its nuclear arsenals, saying the country’s stockpile contained 5,113 nuclear warheads.

‘When the new arms reduction treaty, signed in Prague April 8 by the Russian and US presidents, comes into force, we will also be able to consider on a practical level the issue of disclosing Russia’s total number of deployed strategic delivery systems and the warheads attributed to them,’ Andrei Nesterenko said.

Commenting on the move by the US to unveil data on its nuclear arsenals, Nesterenko said ‘we consider that the step taken by Washington will increase transparency and contribute to the strengthening of trust between nuclear and non-nuclear powers’.

At a meeting in Prague in April, the two countries, which possess about 90 percent of global nuclear arsenals, agreed to reduce the number of warheads to 1,550 on each side and the number of deployed and non-deployed delivery vehicles to 800 on each side.

The new treaty, which is yet to be ratified by the Russian and US parliaments, replaces the START 1 treaty, the cornerstone of a post-Cold War arms control setup that expired December 5, 2009.

Monday, US President Barack Obama revived a civil nuclear agreement with Russia by resubmitting it to the Congress, almost two years after Washington froze the deal following Russia’s brief war with US ally Georgia over the former Georgian republic of South Ossetia in August 2008.

The agreement will open up possibilities for widespread commercial nuclear trade, technology exchange and joint nuclear research between Washington and Moscow. It will also clear the way for Russia to make headway in the profitable business of importing and storing spent nuclear fuel from US-supplied reactors.

U.S. makes new nuke concessions to India

Washington, Apr.21 (ANI): India will receive new concessions as part of its bilateral civilian nuclear agreement with the United States.

In a move that has angered arms control advocates, Washington agreed to Indian demands to increase the number of plants allowed to reprocess U.S.-supplied nuclear fuel from one to two, with the option of another two if India”s needs grow in the future, the Washington Times reports.

India has thus far failed to pass legislation that would release U.S. companies from liability in case of accidents related to equipment they have provided for two reactors to be built under the 2007 U.S.-Indian Nuclear Cooperation Agreement.

That effectively prevents those firms from starting businesses in the South Asian country.

The U.S. government understands “the need for sufficient indigenous Indian capacity to reprocess or otherwise alter in form or content, under [International Atomic Energy Agency] safeguards, U.S.-obligated nuclear material,” says the new document, which was released by the State Department.

In 2008, the Bush administration restricted Indian reprocessing to one plant in an effort to limit potential proliferation of dangerous dual-use technology, which could be used for military or civilian purposes. However, last month”s agreement refers to “two new national reprocessing facilities established by the government of India.”

It also says “the management of separated safeguarded plutonium … shall take into account the need to avoid contributing to the risks of nuclear proliferation, the need to protect the environment, workers and the public.”

Arms control experts denounced the new deal, saying it adds to the “damage” done by the original agreement.

“It will further undermine U.S. efforts to stop the spread of enrichment and reprocessing technologies,” Daryl Kimball, executive director of the Arms Control Association, said of the March deal.

“It should be rejected by Congress because it is inconsistent with the terms outlined in” the original agreement, he added.

The new document does not need congressional approval and will go into force unless Congress stops it within 30 days. (ANI)

Former diplomat says India should not be complacent over US snub to Pak

New Delhi, Mar. 25 (ANI): Former Indian Foreign Secretary Lalit Mansingh has said that while the US might have turned down Pakistan”s quest for a civil nuclear deal akin to the India-US civil nuclear agreement, New Delhi should not be complacent over the snub and the eventual outcome of US-Pakistan strategic dialogue.

Mansingh, who also served as India”s ambassador to the United States, believes that a US-Pakistan nuclear deal was never expected. India, he said, should keep focusing on the future of Afghanistan and its relationship with central Asia.

Mansingh also underlined the fact that since 2001, the US has given nearly 50 billion dollars in aid to Pakistan and is planning to dole out an additional 7.5 billion dollars over the next five
years.

ISI chief Lt. General Ahmed Shuja Pasha and Pakistan Army Chief General Ashfaq Pervez Kayani are there with a big list of military equipment, he said

The supply of a fresh batch of nuclear-enabled F-16 and maritime aircraft supplied by the United States to Pakistan is not to fight terrorism, but to fight India, added Mansingh.

He said that the military relationship between the US and Pakistan is 50 years old, while the relationship with India just started a decade ago.

Islamabad will continue to have the same relations in the future.

Former Foreign Minister K. Natwar Singh said Pakistan had gone to the US with “exaggerated” hopes, and added that India and Pakistan are not in the same league.

“India is a global player, Pakistan is not, although they have close links with the Pentagon and the CIA,” he added.

“The US lacks understanding of our region, and, the Prime Minister, who will be visiting the United
States to attend Nuclear Security Summit, should apprise (President) Obama about India”s concerns,” he said. (ANI)

Pakistan wants a N-Deal with U.S similar to that with India

Washington, March 24 (ANI): While the United States has stated that it is committed to conduct a ”strategic dialogue” with Pakistan and not a nuclear deal, Pakistan is pursuing demand for a ”non-discriminatory nuclear deal”, obviously hinting the US-Indian nuclear agreement.

This was clear in the opening remarks of the Pakistan Foreign Minister Shah Mehmood Qureshi here today.

Shah Mehmood Qureshi said: “We hope non-discriminatory access to energy resources.”

During his speech Qureshi reminded the United States’ Secretary of State Hilary Clinton how Pakistan have always been there for the U.S. on different occasions, especially after 9/11 attacks and played an important role towards the cause of ‘world peace’.

“Regionally, Pakistan is committed to the world community towards its efforts for peace,” said Qureshi.

He also said: “Thousands of our people became victims of foreign sponsored sabotage.”

Meanwhile, U.S. Secretary of States Hillary Clinton said the a stable Pakistan is important for the United States and both the countries need to work together to defeat terrorism.

Terming the Pakistan Army’s role in fighting terror as “commendable” and underlining how U.S and Pak have always come together during critical times, Hillary said: “But the U.S. and Pak need to work together to defeat terrorism.”

She also mentioned about the prevailing mistrust and misconceptions on both sides of the U.S.-Pak relationship.

But she said that “Stability in Pakistan is very important for us.”

On a personal note, said Hillary, “Pakistan is close to my heart. Pakistan is also home to many friends of mine.”

Meanwhile, media reports stated that a hopeful Pak has sent 56-page list of demands to the U.S.

The U.S. assured to pay heed to Pakistan’s request of not just military help but also for nuclear civilian assistance.

U.S. has promised strategic dialogue but not the N-Deal, said media reports on Times Now.

Earlier, Pakistan Foreign Minister Shah Mehmood Qureshi, who represented his country during today’s talks, Army Chief General Ashfaq Parvez Kayani and other members of the Pakistani delegation held a series of meeting with US officials.

“Our talks were frank and candid. We conveyed Pakistan”s plans and priorities and expressed our hope that the strategic dialogue will lead to a qualitative difference in the relationship between Pakistan and the US,” Qureshi told reporters after holding a long meeting with influential Senator John Kerry, Congressman Howard Berman and members of their committees that deal with foreign affairs.

Earlier in the day, Pakistan submitted a wish list to Washington ahead of strategic talks, asking for pilot-less drones and helicopter gunships as well as economic and other aid, US and Pakistani officials said on Tuesday.

The 56-page document – set to be discussed during the talks in Washington – includes requests for more help in dealing with water and energy crises, greater cooperation between the ISI and US intelligence outfits, more helicopter gunships and other military hardware. Pakistan also wants a civilian nuclear energy cooperation deal with the US, and a role in any future peace talks between the Afghan government and the Taliban. (ANI)

US undecided on offering India like nuclear deal to Pak

Islamabad, Mar.23 (ANI): Amid speculations that the US might offer Pakistan a civil nuclear deal similar to India during the upcoming strategic dialogue on March 24, the US embassy in Islamabad has rejected such reports, saying there are no negotiations on between the two countries on the issue.

“The US has not entered negotiations on a civil nuclear agreement with Pakistan. The United States is committed to helping Pakistan address its real and growing energy needs, and we look forward to cooperating with Pakistan in ways that are compatible with Pakistan’s economic, environmental and security needs and with US international commitments and policies,” a US Embassy spokesman told a private television channel.

Reports regarding the Obama Administration offering a India-like nuclear deal to Islamabad gained momentum after US Ambassador to Pakistan, in a interview with a newspaper, described the March 24 talks as “working level talks”, and hinted a change of heart on part of Washington.

“We are beginning to have a discussion with the Pakistan Government on the country’s desire to tap nuclear energy,” Patterson had said.

“Earlier on, non-proliferation concerns were quite severe. I think we are beginning to pass those and this is a scenario that we are going to explore,” she added.

India has already expressed concerns over reports regarding the White House’ overtures to Pakistan.

“America needs to take a holistic view on the US-Pak nuclear deal. The US should consider Pakistan’s track record before any deal,” External Affairs Minister SM Krishna had said referring to the history of Pakistan’s nuclear proliferation. (ANI)

US undecided on offering India like nuclear deal to Pak

Islamabad, Mar.23 (ANI): Amid speculations that the US might offer Pakistan a civil nuclear deal similar to India during the upcoming strategic dialogue on March 24, the US embassy in Islamabad has rejected such reports, saying there are no negotiations on between the two countries on the issue.

“The US has not entered negotiations on a civil nuclear agreement with Pakistan. The United States is committed to helping Pakistan address its real and growing energy needs, and we look forward to cooperating with Pakistan in ways that are compatible with Pakistan’s economic, environmental and security needs and with US international commitments and policies,” a US Embassy spokesman told a private television channel.

Reports regarding the Obama Administration offering a India-like nuclear deal to Islamabad gained momentum after US Ambassador to Pakistan, in a interview with a newspaper, described the March 24 talks as “working level talks”, and hinted a change of heart on part of Washington.

“We are beginning to have a discussion with the Pakistan Government on the country’s desire to tap nuclear energy,” Patterson had said.

“Earlier on, non-proliferation concerns were quite severe. I think we are beginning to pass those and this is a scenario that we are going to explore,” she added.

India has already expressed concerns over reports regarding the White House’ overtures to Pakistan.

“America needs to take a holistic view on the US-Pak nuclear deal. The US should consider Pakistan’s track record before any deal,” External Affairs Minister SM Krishna had said referring to the history of Pakistan’s nuclear proliferation. (ANI)

Ambassador Roemer hopeful of Parliament’s nod on N-liability Bill

New Delhi, Mar 15 (ANI): United States Ambassador to India Timothy J Roemer on Monday expressed hope that the Nuclear Liability Bill would help strengthen trust between the two countries.

Interacting with the media on the sidelines of a handloom fair, here, Ambassador Roemer opined that the India-US nuclear deal is an important issue and hoped that the Indian parliament would endorse the agreement at the earliest.

“Now we are hopeful and optimistic that this (passing of Nuclear liability bill) will happen sooner than later and that India will step up to its responsibility and obligation to complete this deal so that we can continue to not only to broaden our trust and our confidence,” Ambassador Roemer said.

“This (Indo-US nuclear agreement) is an important deal that the United States and India need to be able to finish and complete and part of this completion is for the parliament to pass this Bill, “ he added.

On Monday, the Union Government deferred the tabling of the Civil Liability for Nuclear Damage Bill in the Lok Sabha following protests by the Opposition parties.

Further, Ambassador Roemer lauded Prime Minister Manmohan Singh”s commitment towards the deal and noted that both India and the USA share the same vision.

“We respect and we expect the process here in India, the legislative process. We highly respect Manmohan Singh”s leadership. He is committed through the Republican administration, Bush”s administration to get this done, Democratic administration with President Obama to get this done,” Ambassador Roemer said

“We have a very good relations with the Parliament and the beauty of this partnerships has been that Democrats and Republicans, BJP members and Congress members, Mr. Vajpayee and now Mr. Singh, have all supported this deal and so we are hopeful with that broad support and the critical need that Indians want electricity and want this plan to go up so that the rural communities can get light and their children can read at night. That is a shared vision of both our countries,” he added.

For the UPA led Government, the Nuclear Liability Bill is vital for the implementation of the Indo-US civilian nuclear deal. It is keen to have this cleared before Prime Minister Manmohan Singh visits the United States in April.

The Bill pegs the maximum amount of liability in case of each nuclear accident at three billion rupees (66,021,128 US dollars) to be paid by the operator of the nuclear plant.

However, the draft bill also has provisions that would enable the government to increase or decrease the amount of liability of any operator.(ANI)

India inks uranium deal with Mongolia

New Delhi, Sep 14 (ANI): India and Mongolia on Monday signed a crucial civil nuclear agreement for supply of Uranium following summit level talks between the visiting Mongolian President Tsakhiagiin Elbegdorj and Prime Minister Dr. Manmohan Singh.

India also extended a 25 million US dollar stabilisation fund to mitigate the global financial crisis affecting Ulan Bator.

Other agreements signed included cooperation in the fields of health, cultural exchange and statistical affairs.

In a joint media interaction, Dr. Manmohan Singh said both the countries reviewed the entire extent of bilateral relations and discussed issues of mutual concern on regional and international matters.r. Manmohan Singh said they have already agreed on bilateral investment protection and ways to avoid double taxation.

Elbegdorj said that Mongolia is grateful to India for providing stabilisation funds for the recovery of its staggering economy.

Earlier, Elbegdorj met External Affairs Minister S.M. Krishna and discussed issues of bilateral interest besides regional and international issues.

He was given a ceremonial reception at the forecourt of Rashtrapati Bhawan this morning. ice-President Mohammad Hamid Ansari and Leader of Opposition L.K. Advani will meet the visiting dignitary later today.

On Tuesday, he will visit Agra, Gaya and Mumbai. On Wednesday, he is expected to meet and interact with captains of Indian industry in Mumbai and is likely to pitch Mongolia as an attractive investment destination. He will leave for Mongolian capital Ulan Bator the same evening.

This is President Elbegdorj’s first official visit abroad after assuming office in June 2009, indicating the importance that Mongolia attaches to its relations with India.

Elbegdorj is being accompanied by a 25-member Mongolian business high-level official delegation, including the Minister of Foreign Affairs and Trade, Minister of Education, Science and Culture and senior parliamentarians. (ANI)

Mongolian president lays stress on improving bilateral ties with India

New Delhi, Sep 14 (ANI): Mongolian President Tsakhia Elbegdorj who arrived on four-day state visit to India, on Monday stressed on the need for strengthening bilateral relations with India.

Elbegdorj was received by President Pratibha Devisingh Patil and Prime Minister Dr. Manmohan Singh in the forecourt of Rashtrapati Bhavan.

Talking to reporters, President Elbegdorj said his visit would emphasise on developing the bilateral relationship between both countries.

“This visit will give emphasis to the development of our bilateral relations in many different avenues and prospects and we do believe to elevate our relationships to a newer level,” he added.

Elbegdorj will hold talks with Dr. Singh, which will include a focus on bilateral, regional and international issues of mutual interest.

On Tuesday, he will visit Agra, Gaya and Mumbai. On Wednesday, he is expected to meet and interact with captains of Indian industry in Mumbai and is likely to pitch Mongolia as an attractive investment destination. He will leave for Mongolian capital Ulan Batter the same evening.

The governments of the two countries are expected to sign a civil nuclear agreement, besides ink bilateral pacts on health and statistics. India may also sanction a stabilization loan to Mongolia.

This is President Elbegdorj’s first official visit abroad after assuming office in June 2009, indicating the importance that Mongolia attaches to its relations with India.

Elbegdorj is being accompanied by a 25-member Mongolian business high-level official delegation, including the Minister of Foreign Affairs and Trade, Minister of Education, Science and Culture and senior parliamentarians. (ANI)

India, Namibia sign pact for uranium supply

New Delhi, Sep.2 (ANI): Namibia, which has substantial quantity of uranium, has agreed to supply India with the same as part of a civil nuclear agreement.

Under the Agreement on Cooperation in Peaceful Uses of Nuclear Energy, the two sides will trade uranium and exchange expertise in designing of atomic plants and train personnel.

The two sides have also inked four other pacts as part of a move to inject “fresh dynamism” in their ties.

The five agreements were signed after talks between Prime Minister Manmohan Singh and visiting Namibian President Hifikepunye Pohamba in New Delhi.

Namibia is the fifth nation to sign a civil nuclear agreement with India after the latter secured a waiver from the 45-nation Nuclear Suppliers Group (NSG) in September last year. India has already inked similar agreements with the US, Russia, France and Kazakhstan.

The two sides have also signed agreements on Cooperation in the field of defence, cooperation in the field of geology and mineral resources, on Pan-African e-Network and waiver of visas for diplomatic and official passport-holders.

Prime Minister Singh said the two leaders reviewed the current state of bilateral relations and set a roadmap for the future.

“We have decided to inject fresh dynamism in our cooperation in areas such as human resource development, capacity building, trade and economic exchanges, agriculture, transportation, defence, information technology, health, energy and mining,” Dr. Singh said.
The two sides noted that the bilateral trade volume and investment, though small, have been steadily increasing and resolved to take measures to enhance such flows. They noted the many opportunities for investment available in Namibia in the uranium, diamond, agriculture, energy, transportation, railways, mining, ICT and SMEs sectors and resolved to encourage Indian investments in these areas.

The Namibian side expressed its deep appreciation for the Human Resource Development and Capacity Building assistance extended by India under its ITEC and other programmes ever since Namibia’s independence.

The Indian side reiterated its commitment to further enhance its HRD and Capacity Building programme in Namibia with additional ITEC experts from one to five and augment the number of ITEC slots from 55 to 110.

The Namibian side thanked the Indian side for scholarships provided to Namibian nationals for bachelors, masters and doctoral programmes in India and requested for increase in the number of scholarships. The Indian side agreed to increase the number from seven at present to 15.

Both sides expressed interest in exploring cooperation in the diamond sector and stated that the establishment of a cutting, polishing and training institute in Namibia by India would go a long way in beneficiation of this local resource.

The Indian side informed the Namibian side of its decision to offer Lines of Credit of 100 million dollars over the next five years to be used in projects and supplies of products from India; (ii) reaffirmed its decision to establish, at a cost of over 12 million dollars, the Faculties of Mining Engineering and IT at the University of Namibia; and (iii) announced grants-in-aid of around 10 million dollars for the education and health sectors over the next five years. The Namibian side expressed its deep appreciation for these offers.

Both sides noted that people-to-people contacts and tourism between the two countries needed to be encouraged further and resolved to take necessary measures to enhance tourism, culture and people-to-people contacts.

A large business delegation is accompanying the Namibian delegation. An extensive interaction between them and their Indian counterparts was held in New Delhi on 31 August, 2009. A similar interaction is to be held in Mumbai on September 2, 2009.

After concluding his official stay in Delhi, President Pohamba and his delegation will visit Agra, Bangalore and Mumbai. (ANI)

Obama administration committed to nuclear agreement with India: Wisner

New Delhi, July 15 (ANI): Former US Ambassador to India Frank G Wisner has said that there will be no change in the US administration’s position on the civil nuclear deal with India.

Wisner told captains of Indian industry here last evening that the Obama administration will not deviate from the previous ‘sovereign decision’.

“The United States has made a sovereign decision. We passed a high rank followed by the 123 Agreement. We are bound by those. We are a nation of laws. This administration is just like the previous. We will follow in the same path. We respect its words. It’s the law of the land. President Obama was the Senator who voted in favour of the agreement. It’s the law of the land. The US has no capability, desire or intention. The Congress debated it at that time to stop anybody else from doing what is the law of their land,” Wisner said.

Former US President George W. Bush in December last year had signed into law a nuclear deal with India in a major step towards allowing New Delhi to buy U.S. reactors and fuel for the first time in 30 years.

The White House had pushed for the legislation, which was overwhelmingly approved by Congress this month, in a bid to expand ties with the world’s largest democracy and increase trade for U.S. companies.

The Bush administration said the pact will secure a strategic partnership with the world’s second most populous nation, help India meet rising energy demand and open a market worth billions.

For India, it capped a gradual rapprochement with the West since the days of socialist self-reliance, a process that began with economic reforms in the 1990s and has gathered pace with the spread of wealth and Western culture ever since.

India has a yawning energy deficit, and the accord opens up a market worth billions to U.S. companies such as General Electric GE.N and Westinghouse Electric, a unit of Japan’s Toshiba Corp. (ANI)

Sonia Gandhi calls Advani a slave of the RSS

Bidar (Karnataka), Apr 15 (ANI): Continuing her attack on the Bharatiya Janata Party (BJP) leader L K Advani, Congress President Sonia Gandhi on Wednesday termed him a “slave of the Rashtriya Swayamsevak Sangh (RSS)”.

Addressing an election rally here, Sonia Gandhi called Advani incompetent and a leader who couldn’t take decisions on his own.

“It is Advani, who is a slave of the RSS because he wants to protect his chair. This is the reason why he fulfills each and every wish of the RSS,” claimed Gandhi.

Condemning Advani for repeatedly calling Manmohan Singh a weak Prime Minister, Gandhi asked Advani whether he could take any decision without fear of the RSS.

She further accused Advani of rendering a “secular certificate” to Mohammad Ali Jinnah during his visit to Pakistan in 2005.

Advani, who was the BJP chief then, had resigned from his post following widespread criticism by the RSS and its allied bodies for his statement in Pakistan praising Mohammed Ali Jinnah.

She blamed the BJP for being “sympathetic towards terrorists” and pointed out that it was the NDA, which had permitted the release of terrorists during the 1999 Kandahar plane hijack episode.

Taking credit for handling the 26/11 Mumbai attacks case efficiently, Gandhi said the “diplomatic tackling of the Mumbai terror attacks by the UPA Government had compelled Pakistan to concede responsibility on the issue”.

Noting the achievements of her party, Sonia asserted that the Congress had achieved a lot for the nation since its independence from British colonial rule.

She said that the Congress had taken initiatives in several development projects including modernisation of the country, nationalisation of banks, empowerment of women through Panchayat Raj institutions or signing the nuclear agreement. (ANI)

The race for India’s top job: contenders and key players

New Delhi – Who will be India’s next prime minister? With general elections days away, analysts predicted yet another hung Parliament in which smaller parties could call the shots and anyone could be kingmaker and any kingmaker could be king.

There seems to be no clear majority in sight for any single party or for the two main coalitions – the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA).

In such a scenario, a leader with the backing of several political parties with a combined strength of 270 members in the 545-member Lok Sabha, or lower house of Parliament, could become the next prime minister.

The two main contenders are incumbent Manmohan Singh, 76, of the Indian National Congress party, which leads the UPA, and Lal Krishna Advani, 81, of the Hindu nationalist Bharatiya Janata Party (BJP), which leads the NDA.

If Congress scores well in the elections, its chief, Italian-born Sonia Gandhi, 62, would be a natural choice for the top job. She is the Congress party’s most popular face and, as UPA chairwoman, managed to keep the alliance together for five years.

But the widow of former prime minister Rajiv Gandhi refused the premier’s post after the 2004 elections amid concerns about her foreign origin and has said she is not in the running in 2009. Critics said she is grooming her son Rahul, 39, as a future premier.

Sonia Gandhi’s stated choice for the current elections is Singh, an experienced economist and a competent bureaucrat. Singh’s biggest strength is his reputation for honesty and integrity. But he underwent heart-bypass surgery recently and is not in the pink of health.

Critics call mild-mannered Singh weak and Sonia Gandhi’s puppet. But Singh did push through a landmark civilian nuclear agreement with the United States in the face of strong opposition from leftist partners who withdrew support from the UPA and threatened to topple his government.

Singh’s main rival, Advani, is an experienced politician who has been India’s interior minister and deputy prime minister. He is seen as a tough administrator who has promised strong measures on internal security, a major issue in the elections in light of a spate of terrorist attacks over the past two years.

Advani is credited with a major role in the rise of the BJP as a political force in India, partly through his campaign to build a controversial temple to the Hindu god Ram in the northern town of Ayodhya in Uttar Pradesh at the spot where the medieval Babri mosque once stood.

The mosque was pulled down by Hindu zealots in 1992, soon after Advani led a countrywide campaign on building the temple. The mosque’s destruction sparked widespread, deadly communal riots.

Advani has been trying to play down his Hindu hardline image, but his political allies who were more comfortable with the moderate figure of former BJP prime minister Atal Bihari Vajpayee are wary.

Another major player in the 2009 elections is Mayawati, 53, the three-term chief minister of the politically important state of Uttar Pradesh. Her Bahujan Samaj Party represents the aspirations of the Dalit community, the former “untouchables,” who form the lowest rung of India’s archaic caste system.

Dalits form a sizeable constituency but have otherwise had little say in politics and policies despite decades of affirmative action. For them, Mayawati is a symbol of hope and power.

Mayawati has recruited support from upper caste Brahmins and Muslims to broaden her base and has made her prime ministerial ambitions very clear. She is hoping a bloc of non-Congress, non-BJP parties would support her bid if she manages to win a majority of the 80 parliamentary seats in Uttar Pradesh.

Known as a pragmatist and performer but also authoritarian and criticized for amassing vast personal wealth, Mayawati might not find it easy to garner the support of other parties after the elections.

But even if she does not get the top job, Mayawati is hoping to be a kingmaker as are regional players like the Samajwadi Party’s Mulayam Singh, 70, also from Uttar Pradesh; Jayalalitha, 61, an actress turned politician from the southern state of Tamil Nadu; and Chandrababu Naidu, 59, of Andhra Pradesh in India’s south-east.

An alliance of four leftist parties is hoping it would return enough numbers to influence the choice of the country’s next government and leader.

Leaders of smaller parties that are part of the UPA and NDA have hinted that they would not be averse to breaking away from their current coalitions to join new ones if they are promised the top job.

Foremost among them is Sharad Pawar, a powerful politician from Maharashtra who is a minister in the UPA government and also chief of India’s wealthy cricket board. Pawar broke away from the Congress party when Sonia Gandhi became its leader in 1999 and formed the Nationalist Congress Party.

There is also the possibility of a dark horse emerging from post-poll coalitions: a prime minister who is chosen not because his or her party led in the elections but because he or she is the least controversial, ruffles fewer feathers and could be a consensus candidate of several parties.

In a recent precedent, Deve Gowda became prime minister in 1996 although his Janata Dal party had only 46 seats in the lower house. (dpa)

Indo-US defence ties to be strengthened during Aero-India show

Bangalore, Feb 11 (ANI): Defence ties between India and the United states will deepen in the years ahead, especially during the ongoing Aero India show in Bangalore, said US officials on Wednesday.

“Our two great nations have a strong relationship built on deep political, economic, people-to-people and military partnerships. The US-India relationship has grown dramatically these last yeas and is poised to accelerate in the years ahead,” Steven J. White, US Deputy Chief of Mission, told reporters here, on the sidelines of the event.

“I think the adoption of the civil-nuclear agreement is just one example of the direction and the trajectory of these relationships. Our military-to military relationship has also been very particularly dynamic and positive,” White added.

India-US defence ties are undergoing a tremendous change as the defence sector opens up further; following the signing of the landmark Indo-US civilian nuclear deal last November.

The deal has given New Delhi access to international civilian nuclear fuel and technology for the first time in three decades, helping to boost business confidence in India.dmiral Jeffery A. Wieringa, US Director, Defence Security Cooperation Agency said they would be eyeing orders with the display of affordable combat aircraft at the show.

“I think we are offering aero plane that are obviously combat-proven, affordable, reliable and effective and will look forward to demonstrating that aeroplane”, Wieringa said.

India is looking to spend 30 billion dollars on imports over the next five years to modernise its largely Soviet-era arms by introducing new weapons systems. By Praful Kumar Singh (ANI)

Indo-US defence ties to be strengthened during Aero-India show

Bangalore, Feb 11 (ANI): Defence ties between India and the United states will deepen in the years ahead, especially during the ongoing Aero India show in Bangalore, said US officials on Wednesday.

“Our two great nations have a strong relationship built on deep political, economic, people-to-people and military partnerships. The US-India relationship has grown dramatically these last yeas and is poised to accelerate in the years ahead,” Steven J. White, US Deputy Chief of Mission, told reporters here, on the sidelines of the event.

“I think the adoption of the civil-nuclear agreement is just one example of the direction and the trajectory of these relationships. Our military-to military relationship has also been very particularly dynamic and positive,” White added.

India-US defence ties are undergoing a tremendous change as the defence sector opens up further; following the signing of the landmark Indo-US civilian nuclear deal last November.

The deal has given New Delhi access to international civilian nuclear fuel and technology for the first time in three decades, helping to boost business confidence in India.dmiral Jeffery A. Wieringa, US Director, Defence Security Cooperation Agency said they would be eyeing orders with the display of affordable combat aircraft at the show.

“I think we are offering aero plane that are obviously combat-proven, affordable, reliable and effective and will look forward to demonstrating that aeroplane”, Wieringa said.

India is looking to spend 30 billion dollars on imports over the next five years to modernise its largely Soviet-era arms by introducing new weapons systems. By Praful Kumar Singh (ANI)

Indo-US defence ties to be strengthened during Aero-India show

Bangalore, Feb 11 (ANI): Defence ties between India and the United states will deepen in the years ahead, especially during the ongoing Aero India show in Bangalore, said US officials on Wednesday.

“Our two great nations have a strong relationship built on deep political, economic, people-to-people and military partnerships. The US-India relationship has grown dramatically these last yeas and is poised to accelerate in the years ahead,” Steven J. White, US Deputy Chief of Mission, told reporters here, on the sidelines of the event.

“I think the adoption of the civil-nuclear agreement is just one example of the direction and the trajectory of these relationships. Our military-to military relationship has also been very particularly dynamic and positive,” White added.

India-US defence ties are undergoing a tremendous change as the defence sector opens up further; following the signing of the landmark Indo-US civilian nuclear deal last November.

The deal has given New Delhi access to international civilian nuclear fuel and technology for the first time in three decades, helping to boost business confidence in India.dmiral Jeffery A. Wieringa, US Director, Defence Security Cooperation Agency said they would be eyeing orders with the display of affordable combat aircraft at the show.

“I think we are offering aero plane that are obviously combat-proven, affordable, reliable and effective and will look forward to demonstrating that aeroplane”, Wieringa said.

India is looking to spend 30 billion dollars on imports over the next five years to modernise its largely Soviet-era arms by introducing new weapons systems. By Praful Kumar Singh (ANI)

India’s non-oil imports has increased 25 percent, says Commerce Secretary

New Delhi, Feb.5 (ANI): Commerce Secretary G K Pillai on Thursday revealed that trade between India and the United States has grown by 25 percent in the last two years.

Speaking at the first India-USA Plastics Industry Summit 2009, Pillai said exports between India and US grew at 11 percent whilst non-oil imports stood at 25 percent.

Although certain sectors are affected amid financial crisis, but overall, the trade balance has been in favour, said Pillai, adding that in the last three months alone India has received Foreign Direct Investment worth seven million dollars.

Neelakamal Darbari, Joint Secretary in the Department of Chemicals and Petrochemicals, reflected upon the Government’s enthusiasm on Petroleum, Chemicals and Petrochemical Investment Regions (PCPIR) policy.

Mirroring state government’s interests in the development of indigenous petrochemical investment regions, she said Andhra Pradesh, Tamil Nadu, Karnataka, West Bengal, Gujarat and Arunachal Pradesh have submitted their PCPIR plans.

“The ministry aims to increase per capita plastics consumption by the end of current plan period to 11 to 12 kg as against present figure of 5 kg. Half a trillion investment in infrastructure restates diverse scope of plastics industry,” she added.

Carmine D’Aloisio, Minister Counselor for Commercial Affairs, US Commercial Services, US Embassy, said the signing of breakthrough nuclear agreement has positioned India as an affiliate of civil nuclear commerce globally.

India is coming up as a strategic market for not just Multinational Corporation but mid cap enterprises as well. Industry bodies like CII must continue trade dialogue platforms to maintain industry optimism, he added.

Kamal Nanavaty, President, Polymers, Crackers and Chemical Sector, Reliance Industries Ltd., said, India will be the largest market in times to come. US companies are growing at the rate of 40 percent in India. India offers conducive tariffs environment and attractive capital cost. On the other hand USA has best of management practices with aspects of innovation, branding and the likes. Bringing together the plastics processing industry of the two countries will be a win-win situation.

Tejpreet Singh Chopra, Member, CII National Council and President and CEO, GE India, Sri Lanka and Bangladesh said, India offers US companies a great opportunity for new business ventures. As the consumption of plastics in India is set to double by 2012, the prospects of increased retails are getting higher. We hope that the delegates present here will benefit from sharing ideas, and networking. CII will come up with an action plan with Plastindia Foundation to discuss plastic industry associations between India and USA.

Urging the industry to interact frequently, Neil Pratt, Sr. Director, International Trade and Trade Council, The Society of the Plastics Industry, Inc. stated, communication establishes relationships to further build associations. The Plastics industry should benefit form the promising prospects by collaborating, employing necessary tools and overcoming challenges.

Offering the welcome address, Arvind Mehta, President Plastindia Foundation, said, Indian economy has tools like SEZs, FDI and JV friendly environment which offers unmatched opportunities, for sustained exports growth. The supreme market potential is further held by India becoming the third largest consumer of plastics globally by 2012.

In the vote of thanks, Amar Seth, Vice President, Plastindia Foundation, said, educative and informative points have come in today as part of the deliberations of the industry and government’s representatives. (ANI)