oppn parties The Chinese Give Nothing Away

News Snippets

  • Special DG (Training) in CRPF, S N Shrivastava, appointed special commissioner (law & order) in Delhi Police in order to quell the violence. He is also expected to take over as chief of Delhi police once Amulya Patnaik's term ends on February 29
  • Curfew and shoot at sight orders reportedly in force in some areas, but Delhi Police HQ does not issue a notice for the same
  • The Central government has pressed paramilitary forces to control the riots in Delhi
  • Mobs in Delhi target journalists, check them for religious identity and snatch equipment
  • 13 people deal until now in one of the worst spells of violence in Delhi
  • Violence in Delhi shows no signs of abating with fresh areas in the north-eastern part of the capital coming under its grip
  • Delhi High Court says DGCA was wrong in approving the flying ban on stand-up comic Kunal Kamra by airlines other than Indigo for his alleged misbehavior with TV anchor Arnab Goswami aboard an Indigo flight
  • The Bihar assembly passes a resolution to stick to the old NPR form, making it the first NDA state to do so
  • Arms deal for advanced helicopters, worth $3bn, signed with the US, but the trade deal remains elusive
  • Trump says he has a good equation with Pak PM Imran Khan and assures India that Pakistan is working to reduce cross border terrorism
  • Trump once again offers to mediate in the Kashmir issue
  • Trump says it is up to India to decide on the CAA
  • US President Donald Trump says PM Modi wants religious freedom for all
  • US President Donald Trump lands in Ahmedabad, received at the airport by Prime Minister Modi
  • US President Donald Trump to land in India today
Continuing violence in Delhi takes the sheen off the visit by US President Donald Trump
oppn parties
The Chinese Give Nothing Away

By Sunil Garodia
First publised on 2015-09-22 18:37:45

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Writes for a number of publications.
As the Prime Minister completes his tour of China, though he can cite many positives from the visit, the fact remains that Indo-Chinese relations are too complex and the distrust too deep rooted to be solved in one short visit.

Narendra Modi has been an admirer of the way the China has become the manufacturing hub of the world ever since his days as Gujarat chief minister. In fact, he had even visited China during as the state CM. Hence, the Chinese respect him. But they are unlikely to yield positions.

Though Modi showed immense trust by declaring e-visas for Chinese visitors, he also spoke his mind by asking the Chinese to be flexible on the border issue. His hosts, though, remained inscrutable as always on issues that matter.

Though he signed many government to government agreements and MOU’s worth $22bn were inked with Chinese entrepreneurs, Modi has been behind in providing the infrastructure and business climate needed to attract serious business proposal.

For ‘Make in India’ to be a serious mantra, the Modi government will have to ensure that a solution is found fast to the Land Bill, serious measures are taken to ease doing business, infrastructure is developed on a war footing, rampant corruption is checked, rings of vested interests that prevent government policy from fructifying are smashed and tax issues are not raked up or escalated.

As of now, if the Chinese have shown some interest it is only because India has the potential of offering a low cost base for outsourcing some of their vast manufacturing portfolio due to its lower labour and land costs. But when they find that delays and unforeseen expenses related to corruption are eating into their supposed profits, they will go away.

Hence, Make in India should start with a boost to Indian industry. If local units are successful, foreigners will come in hordes. The government should first look into the problems of local manufacturers. The Q4 results across sectors are middling to bad. The stock markets are going down. The IIP is stagnant. Banks do not find borrowers as no promoter is willing to invest in a climate of uncertainty. There are hundreds of large projects stuck, and as found, it is not only due to land problems. If our homegrown industry is not on a roll, how can we expect foreigners to pour in the dollars?