Cityboy
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Bangalore: Asserting that India was not buckling under Chinas pressure, external affairs minister S.M. Krishna on Saturday said there was no compulsion to approach World Bank or any other funding agency to take up projects in Arunachal Pradesh.
Well if we can find internal resources to take up these projects, where is the compulsion for us to go to World Bank or Asian Development Bank or some other agency, Krishna told reporters.
As of now, for every project in Arunachal Pradesh, the government has been able to tie-up internal resources, he said responding to queries about a media report which, citing a World Bank document, quoted him as having said India would not pose any Arunachal Pradesh specific project to the Bank.
The report also claimed the Chinese executive director on the Bank board was insisting on operationalisation of Krishnas purported statement.
No certainly not. I think it is not quoted correctly. I have never said India is going to abandon any projects either in Arunachal Pradesh or in any other pradesh (states), he said, when asked about the report and if India was buckling under Chinas pressure.
Arunachal Pradesh was a part and parcel of this great country of ours and we certainly would take up projects for development of people of Arunachal Pradesh, Krishna said.
He said if the necessity arose and the country was starved of funds for taking up projects including in Arunachal Pradesh, .. then perhaps it is hypothetical question.
Krishna noted in the recent (assembly) elections 76% of people turned out to exercise their franchise. It only indicated the determination and resolve of people of Arunachal Pradesh to fully get themselves integrated in only democratic process.
World Bank fund not needed for Arunachal Pradesh, says Krishna - Economy and Politics - livemint.com
Well if we can find internal resources to take up these projects, where is the compulsion for us to go to World Bank or Asian Development Bank or some other agency, Krishna told reporters.
As of now, for every project in Arunachal Pradesh, the government has been able to tie-up internal resources, he said responding to queries about a media report which, citing a World Bank document, quoted him as having said India would not pose any Arunachal Pradesh specific project to the Bank.
The report also claimed the Chinese executive director on the Bank board was insisting on operationalisation of Krishnas purported statement.
No certainly not. I think it is not quoted correctly. I have never said India is going to abandon any projects either in Arunachal Pradesh or in any other pradesh (states), he said, when asked about the report and if India was buckling under Chinas pressure.
Arunachal Pradesh was a part and parcel of this great country of ours and we certainly would take up projects for development of people of Arunachal Pradesh, Krishna said.
He said if the necessity arose and the country was starved of funds for taking up projects including in Arunachal Pradesh, .. then perhaps it is hypothetical question.
Krishna noted in the recent (assembly) elections 76% of people turned out to exercise their franchise. It only indicated the determination and resolve of people of Arunachal Pradesh to fully get themselves integrated in only democratic process.
World Bank fund not needed for Arunachal Pradesh, says Krishna - Economy and Politics - livemint.com