Showing posts with label Arvind Subramanian. Show all posts
Showing posts with label Arvind Subramanian. Show all posts

Thursday, 23 June 2016

Subramanian Swamy fires fresh salvo, targets CEA Arvind Subramanian


Bharatiya Janata Party (BJP) leader and Rajya Sabha MP Subramanian Swamy on Wednesday said that he wants Chief Economic Advisor (CEA) Arvind Subramanian to be sacked, alleging the CEA had badmouthed India in the international arena and had also encouraged the Congressto adopt a rigid position on the GST Bill.
Earlier in the day, Swamy had launched a Twitter attack on Subramanian after some reports over the past few days suggested the CEA could be a probable successor to Rajan. He also directly called for the sacking of the CEA.
Swamy raised charges similar to those he had used against outgoing RBI Governor Raghuram Rajan, saying that the CEA was a 'green card holder' and was probably not an Indian citizen. Incidently, both Rajan and Arvind Subramanian have worked at the IMF.
"He used to work in America and he is also a green card holder type. I don't even know if he is a citizen or not but I'm sure he has a green card. There was this American Congress Committee for pharmaceutical purposes and they held a hearing to figure out India's opinion on the matter. There he said in a statement that India was not working according to America in this matter and for that, they should be taught a lesson in WTO. How can we can such a person an advisor here?," Swamy said.
He added that when Arvind was appointed by the Indian government, he gave a note to the Finance Ministry asserting that the clauses demanded by the Congress in the GST Bill were absolutely justified. Read More.

Wednesday, 22 June 2016

Latest developments in India's NSG bid

The admission of India into the Nuclear Suppliers Group (NSG) is taking new turns every day. China has now lowered its stance against India's membership by saying that NSG is open to discussing the entry of the countries who have not signed the Non Proliferation Treaty (NPT).
The 48- member club manages the flow of nuclear technology all over the world, with an aim to ensure the non proliferation of nuclear weapons and technologies. India has been vying hard for years to be part of this group as it would help the nation gain access to a plethora of new technologies, reduced depence on conventional sources of energy, among others.
This year with firm support from nations like United States, United Kingdom, Russia, India has a bright chance of getting into NSG. But, Pakistan with the backing of China is hell-bent on blocking this with the argument that the admission of a non-NPT signatory into the group is discriminatory. It says that all the nations who have not signed this treaty should be considered for the entry into the group.
China firmly supports this stand of Pakistan and says that they are not against India's admission to NSG but then Pakistan's membership should also be discussed. Earlier, the Chinese foreign ministry said the issue of India's membership to the 48-member group wasn't even on the agenda of the NSG's plenary meeting in Seoul. On Monday, Chinese Foreign Ministry spokesperson Hua Chunying Beijing said: "We understand that non-NPT countries are concerned about their entry into the NSG. But since NSG is still divided about the issue, so it is still not mature to talk about the entry issue in the annual conference in Seoul."Read more.

Latest developments in India's NSG bid

The admission of India into the Nuclear Suppliers Group (NSG) is taking new turns every day. China has now lowered its stance against India's membership by saying that NSG is open to discussing the entry of the countries who have not signed the Non Proliferation Treaty (NPT).
The 48- member club manages the flow of nuclear technology all over the world, with an aim to ensure the non proliferation of nuclear weapons and technologies. India has been vying hard for years to be part of this group as it would help the nation gain access to a plethora of new technologies, reduced depence on conventional sources of energy, among others.
This year with firm support from nations like United States, United Kingdom, Russia, India has a bright chance of getting into NSG. But, Pakistan with the backing of China is hell-bent on blocking this with the argument that the admission of a non-NPT signatory into the group is discriminatory. It says that all the nations who have not signed this treaty should be considered for the entry into the group.
China firmly supports this stand of Pakistan and says that they are not against India's admission to NSG but then Pakistan's membership should also be discussed. Earlier, the Chinese foreign ministry said the issue of India's membership to the 48-member group wasn't even on the agenda of the NSG's plenary meeting in Seoul. On Monday, Chinese Foreign Ministry spokesperson Hua Chunying Beijing said: "We understand that non-NPT countries are concerned about their entry into the NSG. But since NSG is still divided about the issue, so it is still not mature to talk about the entry issue in the annual conference in Seoul."Read more.