Dalai Lama
SENIOR MEMBER
Developmental loans are almost always soft loans
Ah but still, a soft loan still has an interest rate (usually lower than the market average but still). Anyway we don't even know yet whether India will offer the loans.
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Developmental loans are almost always soft loans
India has been dragged into this game whether she likes it or not.
Developmental loans are almost always soft loans
Agreed, but there are other benefits, which clearly outweigh the initial loan amount . India is only following China's lead and China hasn't made a dumb move yet.
And once again its not the right time for India, we need to fix our home first.
India is expected to extend loans and fund infrastructure development to strengthen relations with a group of economically poor but resources-rich nations from Asia and Africa during a ministerial meeting in New Delhi this week, ahead of a possible revamp of the United Nations Security Council.
The support of the group of 48 countries will be crucial for India which is seeking a permanent seat in the revamped UN Security Council.
The worse part is India is doing it for a UNSC seat. How is life for people going to be better with a UNSC seat?
The worse part is India is doing it for a UNSC seat. How is life for people going to be better with a UNSC seat?
India is expected to extend loans and fund infrastructure development to strengthen relations with a group of economically poor but resources-rich nations from Asia and Africa during a ministerial meeting in New Delhi this week, ahead of a possible revamp of the United Nations Security Council.
For a Nation to spend wisely on its Population, the country must First assure its Security and what better Option do we have than a Permanent seat in the UNSC??? It not only challenges our Concerns but also Helps us to Be liberal on our Security issues which Helps the Govt to plan a Budget favoring the Needy...
I get all that, but at the same time so many of our own infrastructure project are in limbo cause of lack of funding and waiting for loans from other countries like Japan. Chinese have made it. Their infrastructure is top notch, we still have a long way to go. Once we have done that we can go into this strategic influence game.
You're already on the UN security council and do you think being on that body makes India any safer? They barely can agree to send peacekeepers when they are needed, how is it suppose to make India safe?
The timing of such announcement might have something to do with UNSC seat, but the motive is not. Motive is this,
Yes, Being on the Body defenetly makes India safer....Being on top of the body allows India to tackle Its Issues along with the worlds... Well India is one of the largest contributors of Peacekeepers You agree or not....How many Pece keepers have china sent even though its the Head of UNSC.... 1000?? 2000?? not more than that i believe....
I agree, more than security council seat we need to secure resources to drive our future growth. We may reap dual benefit out of this investment though. Smart move!
Only if our shikaris(read politicians) weren't as corrupt we would be in a different league.Ek teer se do shikarOnly if our shikaris(read politicians) weren't as corrupt we would be in a different league.
I agree about peacekeepers, but does that have to do with the UNSC being effective? Also India wouldn't be at the top of the body, the top would still be P5 with veto. India has only received support for UNSC permanent sans veto.