India urges ADB to focus on West Asia, South Asia
New Delhi, May 6: India has urged the Asian Development Bank (ADB) to focus more on the West and South Asia regions after successful East Asia interventions by the multilateral lender and has said there is no case for increasing cost of its loan instruments as it has no capital deficiency, an official statement said on Sunday.
In his intervention on Saturday at the ADB's annual meeting in Manila, Economic Affairs Secretary S.C. Garg also made a strong case for ADB to adopt "country systems" for procurements and environmental safeguards and called for increasing lending for the private sector in developing countries, a Finance Ministry release said here.
Garg, who is an Alternate Governor on the ADB Board, the ADB "strategy should focus more on West Asia and South Asia as interventions in East Asia are already done fairly well," the statement said.
"He emphasized that the private sector operations of ADB as envisaged in the strategy should be enhanced and there should be more focus on equity participation.
"He also stated that there is absolutely no case for increase of cost of of various loan instruments as there is no capital deficiency in ADB," it said.
"Garg also argued that there is a strong case for ADB to adopt Country Systems for procurements and environmental safeguards and called for concerted efforts towards increasing lending for the private sector in developing member countries," it added.
According to the statement, he also highlighted the need for taking into account the likely impact technical advancements such as Artificial Intelligence (AI) and robotics, so that ADB can equip the member countries to reap maximum benefit.
The Indian delegation to the ADB also held bilateral meetings with the Japan Bank for International Cooperation.
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RSS Chief Mohan Bhagwat's temple-mosque statement supported by RSS mouth-piece Panchjanya
Nagpur: RSS Chief Mohan Bhagwat's recent statement on searching temples under mosques has received support from Panchjanya, a magazine affiliated with the RSS.
Bhagwat had recently said that there is no need to search for temples in every mosque, adding that some individuals are trying to become 'Hindu leaders' by raising such issues, which is unacceptable. His statement was supported by some, while Hindu nationalist groups and certain saints rejected it.
In an editorial, Panchjanya described Bhagwat's remarks as a "pragmatic approach" and called for society to adopt a balanced stance on the temple-mosque controversy. The editorial emphasised that while temples are central to Hindu faith, using them for political gains is not acceptable.
It also expressed concern over the unnecessary debates and misleading propaganda surrounding the issue, which have been amplified through social media.
