Beijing, April 14: In the wake of a raging US-China trade war, India on Sunday offered to export soybean and other agriculture products to Beijing, which has slapped retaliatory tariffs on American products.
India also slammed the US for its "protectionist" trade policies, saying the "unseemly" practice has hurt the world's economic recovery.
At the 5th India-China Strategic Economic Dialogue in Beijing, Niti Aayog Vice Chairman Rajeev Kumar said that Beijing and New Delhi were unruffled by the "protectionist noises" and could well be the important anchor for the world economy.
"We have noticed that you import a lot of agricultural products probably to the tune of $20 billion or more," Kumar said.
"And I was noticing that there were some tariffs that were issued on farmers from Iowa and Ohio etc. Maybe India can substitute for something like soybeans and sugar if we could have access to those exports with all the due quality considerations for that you might have on our farmers. That might be very useful," Kumar said referring to the US-China trade war.
China and the US -- the world's two largest economies -- are locked in an ugly trade spat with both sides hitting back at each other by imposing slapping economic tariffs.
In the first week of April, the US announced tariffs worth $50 billion on Chinese products which, it said, was the result of Beijing forcing the American companies to transfer their technology to China's firms.
Beijing was quick to fire back by imposing taxes on 106 US products.
The wrangling has worried the world, which is witnessing a sluggish economic growth.
In March, US President Donald Trump had threatened India with retaliatory tariffs if New Delhi did not lower taxes on American products.
"There is for the first time a cyclical and synchronized recovery in the world economy happening after a very long time. But this is actually marred and disrupted by some unseemly protectionist noises that are coming out of the Atlantic basin, North America, and Europe," Kumar said in an oblique reference to China.
"But thankfully the emerging economies of Asia have seemed to ignore these protectionist noises and have continued to grow at a very high rate of speed with China growing at 6.8 and India growing 7-7.2 per cent," Kumar added.
The dialogue was attended by the delegation of China's National Development Reforms Commission.
Kumar said that India and China need to work for a better economic climate for our investors and entrepreneurs.
"We both have to do ease of doing business so that our procedures, red tape, and non-tariff barriers get sorted out so that investors from both the countries in their respective fields get the investment opportunities."
"We have liberalized as you know all the business visa regimes for the Chinese investors to come. We now give them multiple three-month visas. If you could make this possible for our investors, it will really help in taking this investment forward from Indian investors who are very keen to come to China."
"Dangal has been a great success in China and if that is so we would like to expose the Chinese population to some more Indian movies. So if there can be liberalization of entertainment and if you can expand working groups from current five to two more: one on culture which includes entertainment; the other one could be one on pharmaceuticals because we import a lot of your pharmaceuticals APIs."
"The time has come for those APIs to be used in some formulation that could be re-exported to China with all the FDA regulations of China and our highest quality."
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Kerala Assembly unanimously passes resolution against Centre delaying aid to Wayanad
Thiruvananthapuram, Oct 14: The Kerala Assembly unanimously adopted a resolution on Monday against the Central government's delay in extending aid to the landslide-hit Wayanad.
The substantive motion was presented by Parliamentary Affairs Minister M B Rajesh at the outset of an adjournment discussion in the House on the matter.
In the resolution, the minister said a memorandum had already been submitted to the Centre detailing the destruction suffered during the landslides that had affected Chooralmala, Mundakkai and Punchirimattom areas in Meppadi panchayat of Wayanad on July 30.
No immediate assistance has been received so far, and the delay in receiving Central aid would adversely impact the rehabilitation of landslide survivors, the minister pointed out.
The resolution demanded that the Centre take steps to provide immediate financial assistance and completely write off the bank loans of those affected by the landslides.
Noting that it was one of the worst landslide tragedies ever reported in the country, the minister said it had devastated an entire area in the hill district.
After the unprecedented tragedy, the state has approached the Centre seeking financial assistance for necessary rehabilitation initiatives, he said.
A similar request was made to Prime Minister Narendra Modi during his visit to the landslide-hit areas and in a personal letter, the minister explained.
As per the norms of the National Disaster Management Act, the landslide that occurred in Meppadi was classified as a 'disaster of severe nature,' he said.
"Many other states that have faced natural calamities have received assistance without even a memorandum. It is regrettable that Kerala did not receive this consideration," Rajesh said.
In the resolution, the minister pointed out that the National Disaster Management Authority has the authority to write off the loans of disaster survivors. To exercise this power, the Centre must make the necessary interventions, he added.
Later, Speaker A N Shamseer announced that the House unanimously passed the resolution.
Responding to the debate in the Assembly, Chief Minister Pinarayi Vijayan expressed dismay over the delay in sanctioning Central assistance to the landslide-hit Wayanad, despite a detailed memorandum being submitted to the Union government in accordance with the necessary criteria.
Vijayan said that the disaster-hit areas had suffered damage amounting to Rs 1,200 crore across various sectors, according to the preliminary assessment.
A memorandum requesting additional assistance from the Centre for the State Disaster Relief Fund was submitted to the Union government and directly handed over to PM Modi on August 27, he said.
A detailed memorandum, prepared in accordance with Central criteria, had also been submitted on August 17, he added.
Even after the submission of the detailed memorandum, no special financial assistance, typically granted in the event of a disaster, has been provided to Wayanad so far, the chief minister said.
The state's special representative in New Delhi, K V Thomas, and the state disaster management secretary had held discussions with the Union Finance Minister and the Union Home Ministry, respectively.
Vijayan recalled that the state had previously faced unfortunate instances of not receiving adequate Central assistance during disasters.
He emphasised the importance of avoiding a repeat of such neglect in the case of Wayanad and added, "We still remain hopeful of receiving assistance from the Centre."
Leader of Opposition, V D Satheesan, termed the delay in providing Central assistance to Wayanad a "serious matter".
"It is a serious matter that no Central assistance has been received to date. What kind of neglect is the Centre showing? While assistance was given to other states, Kerala has not been granted even temporary relief," he said.
"When a calamity occurs, the Central government has an obligation to provide funds to the state to help the victims. The state government should also intensify its pressure on the Centre for that," he said.
When the LoP offered full support to the government in implementing the rehabilitation of landslide victims, the CM expressed happiness over the offer and said, "Let everyone work together for these hapless people."
The discussion saw the Union government coming under fire from both the treasury and opposition benches for not providing any financial assistance for the rehabilitation of landslide survivors in Wayanad, even months after PM Modi's visit.
While the UDF, which moved the motion, accused Modi of visiting the disaster-hit region for a "photo shoot," the LDF said that in a federal democratic system, it is the moral responsibility of the Central government to provide money for rehabilitation during the time of such a disaster.
Moving the adjournment motion, T Siddique (Congress) recalled that PM Modi had visited the landslide-hit hamlets of Wayanad, met the survivors, and called on the injured persons at the hospital.
The MLA said the PM had spent one and a half hours more than the scheduled time in Wayanad and assured during the high-level meeting that the Centre would be with the state in the rehabilitation initiatives.
"For the rehabilitation, we need at least Rs 2000 crore. Now, the landslide survivors ask whether PM Modi had visited Wayanad for a photo shoot," the legislator said.
Former Health Minister K K Shailaja stressed the need to launch united agitations inside and outside the House against the Centre's continuing neglect towards Wayanad.
