Tuesday, April 26, 2016

Dinesh Kamath's Editorial 'PM comes up with excellent maritime strategy' that was published in Newsband

PM comes up with excellent maritime strategy
Prime Minister Narendra Modi, during the Maritime India Summit in Mumbai, said, “The maritime agenda will complement the ambitious infrastructure plan for the hinterland which is going on in parallel”. Having been Chief Minister of Gujarat, a State that stands out in port development, Modi has a keener sense of this untapped potential on the seaside. In fact, the Indian Navy played a pivotal role in containing piracy on the high seas and is positioning itself as the “net security provider” in the broader Indian Ocean region with capacity building, joint exercises and increased multilateral exchanges.
The sea transport mode will continue to be the cheapest 'dollar/ton' mode of transport in the future. Successive Governments in the past few decades have never looked at its 7500 km coastlines with a strategic intent. Modi Government deserves to be commended for their initiative in this summit and one hopes Modi is allowed to combine his visionary foreign policy with this maritime strategy by chalking out perfect plan of action.
It is imperative to lay stress on harnessing our maritime potential. With its locational advantage India has huge opportunities to develop its sea economy which can add to overall economic growth in large dividends with 7500 km coast line. Sea area need to be explored for natural gas and petroleum. Fish economy with latest technology as has been adopted in Japan and East Eoropian countries needs to be given a further fillip as it will also generate employment to large number of employed population.
But by promoting such grandiose projects the Modi government should not overlook the basic needs of the vast majority of Indians of bread, Shed and job. Maritime reforms should be accompanied by agrarian reforms too.
The first ever global maritime summit organized by India is a very good initiative taken by the government. Since India is covered by water from the three directions the modernization of the ports creating economic zones, providing duty reforms and repairing facilities to the ships are much required development points.

Congress government neglected this excellent opportunity for 60 years in spite of having Prime Ministers with economist tags and hereditary qualifications so far. Good that a non-Harvard PM has realized this opportunity for which he may be accused by secularists as Hindutwa ambition to dominate Non-Hindu neighborhood.

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