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The Indian Weekender 15 July 2022

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14<br />

INDIA<br />

Friday, <strong>July</strong> <strong>15</strong>, <strong>2022</strong><br />

India is fastest growing<br />

economy in the world with 8.2%<br />

growth rate in <strong>2022</strong>: Amit Shah<br />

Union Home Minister and<br />

China and 8 per cent of Brazil.<br />

Cooperation Minister<br />

Criticising Congress leader<br />

Amit Shah on Tuesday<br />

Rahul Gandhi's comment on<br />

announced that India is the<br />

fastest-growing economy in the<br />

world with a growth rate of 8.2<br />

per cent in <strong>2022</strong>.<br />

Goods and Services Tax (GST),<br />

Shah said our GST collection<br />

has crossed Rs 1.62 lakh crore.<br />

<strong>The</strong> Home Minister further<br />

"Today India is the fastestgrowing<br />

said there is a smooth<br />

economy in the world.<br />

With a growth rate of 8.2 per<br />

cent, we are the world's fastestgrowing<br />

atmosphere for those doing<br />

business in current regime of<br />

the Central government led by<br />

economy in <strong>2022</strong>,"<br />

Prime Minister Narendra Modi.<br />

Shah said while addressing the the Government in garnering Shah also said India has<br />

6th National Conclave on Mines valuable feedback for the achieved a record 421 billion<br />

and Minerals.<br />

sustained growth of the mineral dollar merchandise export, an<br />

<strong>The</strong> National Conclave on sector. <strong>The</strong> Minister also all-time high in India's export<br />

Mines and Minerals is reckoned compared India's growth rate history, mentioning "the<br />

as an overwhelming success in with various countries of the achievement is the result of<br />

providing an effective platform same period and said it was 3.7 hard work of <strong>Indian</strong> youth".<br />

to showcase key policy per cent in the US, 2.1 per cent <strong>The</strong> Minister also emphasised<br />

initiatives undertaken and help in Germany, 4.4 per cent of how India recorded the "highest<br />

India is set to<br />

surpass China as the world's<br />

most populous country<br />

in 2023, with each counting<br />

more than 1.4 billion residents<br />

this year, a United Nations<br />

report said , warning that<br />

high fertility would challenge<br />

economic growth.<br />

<strong>The</strong> world's population,<br />

estimated to reach 8 billion by<br />

November <strong>15</strong> this year, could<br />

grow to 8.5bn in 2030, and<br />

10.4bn in 2100, as the pace of<br />

mortality slows, said the report<br />

released on World Population<br />

Day. India's population was<br />

1.21bn in 2011, according to<br />

the domestic census, which<br />

is conducted once a decade.<br />

<strong>The</strong> government had deferred<br />

the 2021 census due to the<br />

Covid-19 pandemic.<br />

<strong>The</strong> world's population<br />

was growing at its slowest<br />

pace since 1950, having<br />

fallen below 1% in 2020, UN<br />

estimates showed. In 2021,<br />

<strong>The</strong> <strong>Indian</strong> government<br />

has defended the look<br />

of the national emblem<br />

on top of the new parliament<br />

building amid criticism over its<br />

appearance.<br />

<strong>The</strong> new statue, adapted from<br />

an ancient <strong>Indian</strong> sculpture,<br />

was unveiled by Prime Minister<br />

Narendra Modi on Monday.<br />

<strong>The</strong> 6.5m (21ft 3in)-tall<br />

cast shows four Asiatic lions<br />

mounted back-to-back on a<br />

circular disc.<br />

Critics say the new lions look<br />

"ferocious" and stray from their<br />

original depiction.<br />

Opposition leaders have also<br />

criticised the government,<br />

saying that the new avatar of<br />

the emblem - adapted from<br />

the Lion Capital of Ashoka, a<br />

the average fertility of the<br />

world's population stood at<br />

2.3 births per woman over a<br />

lifetime, having fallen from<br />

about 5 births in 1950. Global<br />

fertility is projected to decline<br />

further to 2.1 births per woman<br />

by 2050.<br />

"This is an occasion to<br />

celebrate our diversity,<br />

recognize our common<br />

humanity, and marvel at<br />

advancements in health that<br />

have extended lifespans and<br />

dramatically reduced maternal<br />

and child mortality rates," UN<br />

Secretary-General António<br />

Guterres said in a statement.<br />

Still, a growing<br />

sculpture that was atop one of<br />

the several pillars erected by<br />

Emperor Ashoka during his reign<br />

in 250BC - was a "brazen insult<br />

to India's national symbol".<br />

But a federal government<br />

minister on Tuesday dismissed<br />

the criticism, saying the statue<br />

was a "perfect replica" of the<br />

original "except for the size".<br />

"Sense of proportion and<br />

perspective. Beauty is famously<br />

regarded as lying in the eyes<br />

of the beholder. So is the<br />

case with calm and anger.<br />

<strong>The</strong> original Sarnath Emblem<br />

ever" annual foreign direct<br />

investment of 83.57 billion<br />

dollar in 2021-22. Speaking<br />

on inflation in the event, Shah<br />

said "we have controlled"<br />

it in comparison with other<br />

countries in the world.<br />

"<strong>The</strong>re is inflation across<br />

the world. We've controlled<br />

inflation compared to the world.<br />

We're seeing the situation in<br />

Sri Lanka, Pakistan and our<br />

neighbouring countries even in<br />

the US," Shah said.<br />

<strong>The</strong> Home Minister lauded<br />

the policies of BJP-led Central<br />

government under supervision<br />

of Prime Minister Narendra Modi<br />

for the effort despite facing<br />

Covid-19 pandemic, world's<br />

worst ever health crisis.<br />

India to surpass China as most populous country in 2023,<br />

UN report says<br />

is 1.6-metre high whereas the<br />

emblem on the top of the New<br />

Parliament building is huge at<br />

6.5 metres," Hardeep Singh<br />

Puri wrote on Twitter, posting<br />

photos comparing the original<br />

emblem and the new statue.<br />

<strong>The</strong> minister added that the if<br />

an exact replica of the original<br />

were to be placed on the new<br />

building, "it would barely be<br />

visible beyond the peripheral<br />

rail".<br />

Sunil Deora, one of the two<br />

sculptors behind the statue, said<br />

that the perceived difference<br />

in the lion's demeanour was<br />

because of the "scale and<br />

dimension" of the new emblem.<br />

"If you look at the Sarnath<br />

Lion Capital from below, it will<br />

look the same as the parliament<br />

Read online www.iwk.co.nz<br />

National emblem: India rejects criticism over ‘snarling’ lion statue<br />

<strong>The</strong> bronze cast of the<br />

national emblem was<br />

unveiled by Prime Minister<br />

Narendra Modi on Monday<br />

population was a reminder of<br />

a shared responsibility of care<br />

for the planet and to "reflect<br />

on where we still fall short<br />

of our commitments to one<br />

another," he said.<br />

Referring to an earlier World<br />

Health Organization report --<br />

estimating about 14.9 million<br />

deaths relating to the Covid-19<br />

pandemic between January<br />

2020 and December 2021,<br />

the UN report said global life<br />

expectancy at birth fell to 71<br />

years in 2021 from 72.8 years<br />

in 2019, mostly due to the<br />

pandemic.<br />

<strong>The</strong> United Nations said<br />

more than half of the<br />

"This is an occasion to<br />

celebrate our diversity,<br />

recognize our common<br />

humanity, and marvel<br />

at advancements<br />

in health that have<br />

extended lifespans<br />

and dramatically<br />

reduced maternal and<br />

child mortality rates<br />

projected increase in the global<br />

population up to 2050 will be<br />

concentrated in eight countries<br />

-- Democratic Republic of<br />

Congo, Egypt, Ethiopia,<br />

India, Nigeria, Pakistan, the<br />

Philippines and Tanzania.<br />

Countries of sub-Saharan Africa<br />

are expected to contribute<br />

more than half of the increase<br />

anticipated through 2050.<br />

However, the population<br />

of 61 countries is projected<br />

to decrease by 1% or more<br />

between <strong>2022</strong> and 2050,<br />

driven by a fall in fertility.<br />

China says India<br />

risks scaring<br />

away investors<br />

with raids on its<br />

companies<br />

India risks damaging<br />

its reputation among<br />

foreign investors with its<br />

"frequent investigations" into<br />

Chinese companies, Beijing<br />

said this week.<br />

China's embassy in<br />

India said in a statement<br />

Thursday that probes by<br />

<strong>Indian</strong> authorities into Chinese<br />

companies were disrupting<br />

"normal business activities"<br />

and chilling "the confidence and<br />

willingness of market entities<br />

from other countries, including<br />

Chinese enterprises to invest<br />

and operate in India."<br />

<strong>The</strong> criticism comes after<br />

India's Enforcement Directorate<br />

— the country's main financial<br />

investigation agency — raided<br />

major Chinese smartphone<br />

company Vivo over allegations<br />

of money-laundering earlier<br />

this week. In a press release on<br />

Thursday, the <strong>Indian</strong> agency<br />

said it had carried out searches<br />

at 48 Vivo locations in the<br />

country, and seized 4.65 billion<br />

rupees ($60 million) from 119<br />

bank accounts, including fixed<br />

deposits, cash and gold bars.<br />

In the statement, the<br />

Enforcement Directorate has<br />

accused Vivo of tax fraud and<br />

said the firm remitted 624.8<br />

billion rupees ($7.9 billion),<br />

mostly to China.<br />

Xiaomi also targeted<br />

<strong>The</strong> raids on Vivo offices<br />

come two months after India<br />

seized more than $700 million<br />

from another big Chinese<br />

smartphone maker — Xiaomi.<br />

It was also accused of moving<br />

money out of the country<br />

illegally.<br />

Xiaomi India said at the time<br />

that "all our operations are<br />

firmly compliant with local laws<br />

and regulations." Chinese phone<br />

makers dominate the <strong>Indian</strong><br />

market, with Xiaomi being the<br />

top-selling brand, according to<br />

data compiled by Counterpoint.<br />

Vivo is also among the top five<br />

brands, the firm said.<br />

emblem does," the 49-yearold<br />

sculptor told <strong>The</strong> <strong>Indian</strong><br />

Express.<br />

Prime Minister Modi had<br />

shared a video of the unveiling<br />

on Monday morning which<br />

showed the cast - weighing<br />

9,500kg (20,943 pounds) - on<br />

top of the central foyer of the<br />

new parliament building.<br />

A senior government official<br />

called the installation of<br />

the emblem an "important<br />

milestone in the decolonisation"<br />

of the capital city.<br />

But many social media users<br />

pointed out that the demeanour<br />

of the lions in the new cast<br />

differed significantly from the<br />

original depiction and that<br />

instead of looking "benevolent<br />

and regal", they now "snarled".

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