Japan to invest 10 trillion yen in India over in next one decade
Tokyo (PTI): Japan on Friday set an investment target of 10 trillion yen in India over a decade and the two sides firmed up a mega roadmap to bolster cooperation in several key areas such as critical minerals, defence and technology, in decisions that came amid economic turbulence by the Trump administration's policies on trade and tariffs.
The announcements on expanding India-Japan special strategic and global partnership were made following summit talks between Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba.
We have set a target of 10 trillion yen investment in India from Japan in the next 10 years, Modi, flanked by Ishiba, said in his media statement.
The prime minister, who landed in Tokyo this morning, said India-Japan cooperation is crucial for global peace and stability, and both sides have laid a strong foundation for a "new and golden chapter" in the partnership.
We have created a 10-year roadmap for cooperation in a range of areas, including investment, innovation, and economic security, he said.
In his remarks, the prime minister said India and Japan are fully committed to a free, open, peaceful, prosperous and rules-based Indo-Pacific.
Both sides also decided to further strengthen cooperation in the field of the defence industry and innovation.
Concerns of India and Japan regarding terrorism and cybersecurity are the same, Modi said, adding that both sides have shared interests in boosting defence and maritime security.
The India-Japan partnership is rooted in mutual trust, reflects our national priorities and is shaped by our shared values and beliefs, he said.
"Strong democracies are natural partners in shaping a better world," he said.
In his remarks, the Japanese prime minister said both sides need to take advantage of each other's strengths to deal with next-generation challenges.
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'Rear-guard action': BJP over Mamata accepting sports minister's resignation after Messi event
New Delhi (PTI): The BJP on Tuesday alleged that West Bengal Chief Minister Mamata Banerjee's accepting Aroop Biswas' resignation as the state sports minister is nothing but a "rear-guard action" to douse public anger over the mismanagement of football icon Lionel Messi's event last week.
BJP co-in-charge for West Bengal Amit Malviya alleged that this is also an "open confession" that the Messi event fiasco was not accidental but a government-manufactured disaster, borne out of the poor governance of Banerjee, her ministers and the state bureaucracy.
Banerjee on Tuesday accepted Biswas' resignation as the sports minister in the wake of the controversy over the mismanagement of football icon Messi's event last week, a senior leader of the ruling TMC said.
Biswas, who had written to the chief minister seeking to be relieved of his responsibilities as sports minister, will continue as a cabinet minister, retaining charge of the power department.
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Reacting to the development, Malviya said in a post on X, "TMC Sports Minister Aroop Biswas resigns after the Messi fiasco and Mamata Banerjee accepts it in record time."
"Do not mistake this for accountability; this is nothing but a rear-guard action to douse public anger. anger! This is not 'Raj Dharma'," he added.
The BJP leader alleged that the incident was the outcome of "loot" of common people which is "so synonymous" with the TMC.
The incident was also the outcome of the "shameless VIP culture that TMC thrives on and deep-rooted cronyism promoted by Banerjee," he charged.
Malviya further alleged that Biswas' resignation exposes a "collective failure of Mamata Banerjee, her partisan bureaucracy, and her crony cabinet".
"This is a symbolic sacrifice, a political hoax, soon to be buried under layers of bureaucracy, with no justice, no accountability, and no remorse," the BJP leader said, adding, "No resignation will bring back the time lost, the money wasted, or the stolen chance for football lovers to witness Messi in Kolkata."
