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75th Anniversary of Azad Hind Government; Modi hoists national flag at Red Fort

Prime Minister Narendra Modi has hoisted the national flag at Red Fort to commemorate the 75th anniversary of the Azad Hind Government, formed by Netaji Subhas Chandra Bose

Indic Post

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Image: PIB

As a great effort to re-introduce and recognize India’s leaders in an honourable way, Prime Minister Narendra Modi Sunday hoisted the national flag at Red Fort commemorating the 75th anniversary of the Azad Hind Government, formed by revolutionary patriot Netaji Subhas Chandra Bose.

This is for the first time an Indian prime minister is hoisting the national flag at Red Fort on the occasion of the formation day of Azad Hind Government.

Image: PIB

Netaji’s Azad Hind Government was the first provisional government of Free India established in Singapore on October 21, 1943.

“Azad Hind government characterized the vision laid down by Subhas Chandra Bose for a powerful undivided India. Bose united Indians to fight against the British rule,” Modi said.

Modi also mentioned about the egalitarian viewpoint of Netaji while establishing the Indian National Army.

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Politics

Why Indian PM Narendra Modi has won the 2018 Seoul Peace Prize

Indian Prime Minister Narendra Modi’s economic policies have been instrumental in reducing the disparities between the rich and the poor

Indic Post

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Image: PIB

As a fillip to Modinomics, Indian Prime Minister Narendra Modi has been conferred with the prestigious Seoul Peace Prize for 2018. Modi’s economic reforms including the much-controversial demonetisation were taken into consideration while finalising him for the Peace Prize.

According to a statement issued by the central government, Modi has won the award for his outstanding contributions to the global and national economies.

Former UN Secretary General Kofi Annan, German Chancellor Angela Merkel, and Britain-based NGO Oxfam were some of the past laureates of this distinguished prize

The award committee mentioned about his dedication to strengthen cooperation among countries and to make global economic growth more vibrant and energetic. They also appreciated ‘Modinomics’ for reducing social and economic disparity between the rich and the poor.

Modi’s policies have resulted in accelerating the human development of Indian people; the award committee also noted Indian prime minister’s efforts to root out corruption at different levels of Indian bureaucracy.

Just three weeks back, Narendra Modi also got the United Nation’s Champions of the Earth Award for 2018, the highest environmental honour instituted by the UN.

What is Seoul Peace Prize?

Instituted in 1990 to commemorate the great success of the 24th Olympic Games held in Seoul of South Korea, the Seoul Peace Prize is awarded biennially to leaders who strive hard to make the world a better place to live through peace.

Past laureates

Former UN Secretary General Kofi Annan, German Chancellor Angela Merkel, and Britain-based NGO Oxfam were some of the past laureates of this distinguished prize.

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History

Top 5 quotes by revolutionary patriot Bhagat Singh that define his very ideology

Here’s what Bhagat Singh thought about revolution

Indic Post

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As we celebrate the 111th birth anniversary of Bhagat Singh, one of the great Indian revolutionaries India has ever seen, The Indic Post brings you five striking quotes that define the very ideology of India’s great son.

Born on September 28, 1907, Bhagat Singh gave an entirely new dimension to India’s freedom struggle, inspiring hundreds of youth to fight against the British with an undiluted spirit of patriotism.

Eventhough some historians didn’t take Bhagat’s unparalleled contributions into account when writing the history of India’s national movement, he is still a true hero to the masses, providing unending source of energy to the youth in the process of nation building.





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Opinion

Why China is the most protectionist economy in the world

The communist nation is the most successful champion of protectionism in the recent economic history

Dipin Damodharan

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Illustration/Jijin M K/The Indic Post

The world will hear very positive voices against protectionism at the informal meeting of Indian prime minister Narendra Modi and Chinese president Xi Jinping in Wuhan, China, declared China’s foreign ministry spokesperson Lu Kang, on April 23, 2018. Before that, Chinese commerce minister Zhong Shan wrote in People’s Daily, “China opposes all forms of protectionism.”

After Wuhan, Modi and Xi again met in Johannesburg, South Africa, on the sidelines of the BRICS summit in the last week of July. That was the third meeting between the two powerful leaders in the last four months.

Xi had called on BRICS countries to oppose the increasing push for protectionism in Johannesburg. I have no intention to decode the so-called positive voices against protectionism at these ‘peripheral’ meetings.

However, it is intriguing to focus on the new buzzword of China. Of late, Chinese leaders and their media outlets have shown great affinity towards the word protectionism. The above statements on this term need to be viewed in the context of the continuing trade war between the US and China. Communist China is claiming, indeed an insincere assertion with great irony, they are waging a battle against protectionism.

The communist nation is the most successful champion of protectionism in the recent economic history.

One point is right, absolutely. Donald Trump’s protectionism is a two-faced yet futile attempt to make America great again. As the US President has set off the trade war with China by imposing tariffs on $ 34 billion-goods US imports from China, Xi Jinping is on the back-foot now, fearing a colossal setback for Chinese companies in the US market.

The massive drop in the valuation of ZTE, China’s second largest telecommunications supplier, after the US banned American companies from selling components to the telecoms equipment maker for seven years, showed the impact well. But surprisingly, Trump changed his mind later to save the Chinese firm that was accused of selling sensitive information to Iran and North Korea.

Donald Trump. Image/Victoria Borodinova/Pixabay

There’s little doubt that the trade war would be disastrous for China than the US. The projected change in the dynamics of India-China relationship is shaped by Trump’s insane acts of hyper-national trade policy, which has been challenging the liberal world order since his coronation in January 2017.

Now the communist commentators are saying China and India must build new unity to reform old global order. But the million-dollar question is how the ultra-protectionist China can lead a battle against protectionism.

China’s unstoppable economic invasion to developed and low-income countries in the guise of technology and infrastructure has strong political overtones.  The Sri Lankan episode is a classic example. When China offered Sri Lanka more money than it can pay back, the Lankans failed to realize that it was a debt trap. Now, 70 percent stake of strategically important Hambantota port of Sri Lanka belongs to China. The dragon has also got a lease agreement for 99 years.

And, Djibouti is going to become the latest country to fall into China’s debt trap. Even in India, Chinese technology firms are ruling the roost, whether it’s Xiaomi, Oppo, or Vivo.

BRI is a well-crafted blue print to make China a colonial superpower, the dream of their new Mao Xi Jinping.

More than just supporting the tech firms, China wants to nationalise it for achieving their fascist goals. “Communist Party committees have been installed at many tech firms, reviewing everything from operations to compliance with national goals,” wrote Christopher Balding, associate professor of business and economics at the HSBC Business School in Shenzhen, on Bloomberg.

China is exploring strategic possibilities by lending billions of dollars to developing countries under the Belt and Road Initiative (BRI). And this BRI is a well-crafted blue print to make China a colonial superpower, the dream of their new Mao Xi Jinping.

On one side China is opening up the new road to a fascist world order, contradictory to the ideals of liberalisation and globalisation, and on the other side Xi Jinping wants the world to believe that he’s championing the cause of free market as the US is stepping back.

Communist China never wishes to create an open society, and the motto of protectionism seems increasingly apt for them. Why did China say no to Facebook? This simple question will expose their hullabaloo over protectionism. China is a closed society, no matter whatever economic progress it has achieved so far.

Xi Jinping

The communist nation is the most successful champion of protectionism in the recent economic history. Protectionism with aggressive nationalist characteristics is the mantra behind the spectacular show of billion-dollar Chinese companies.

Even some of the poster-boys of Indian startup revolution last year desperately wished that India should take an approach of protecting local companies like China did.

Moreover, the statements made by China in frequent intervals show no intention to back out from their anti-India military agenda, especially when it comes to issues like Doklam and Arunachal Pradesh. India is not going to gain anything substantially by teaming up with China for protectionism and free trade. India needs to tell China that protectionism in all forms should be rejected.

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