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SINGAPORE, Aug 13 (Reuters) - An Adani Power (ADAN.NS), opens new tab coal-fired power plant under contract to sell all its output to Bangladesh can now supply the domestic market after an amendment to India's power export rules, helping the company hedge against political risks in Bangladesh.

An internal federal power ministry memo, dated Aug. 12 and seen by Reuters, amends 2018 guidelines governing generators supplying electricity "exclusively to a neighbouring country". Currently only one plant in India - Adani Power's 1,600 megawatt (MW) Godda plant in eastern Jharkhand state - is under contract to export 100% of its power to a neighbouring country.

The memo says "the government of India may permit connection of such generating station to the Indian grid to facilitate sale of power within India in case of sustained non-scheduling of full or part capacity".
The move, which happened nearly a week after longtime Prime Minister Sheikh Hasina fled Bangladesh amid deadly protests triggered by quotas for government jobs, could also benefit future projects where all output is locked into export contracts.

Bangladesh is battling anarchy and vandalism, with a caretaker government vowing that improving law and order was its top priority.

The amendment by the Indian government also allows sale of power to the local grid if there is a delay in payments.

The conglomerate called the plant a "shining example of India-Bangladesh cooperation" in July 2023, shortly after its billionaire Chairman Gautam Adani met Hasina following full-load commissioning of the plant.

On Tuesday, an Adani Group spokesperson said the amendment would help increase the overall availability of power in India, and "help cater to the soaring electricity demand across the country."

 

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India has lowered its development aid allocation for Bangladesh by 40% in its annual budget for the fiscal year 2024-25 placed in parliament yesterday (23 July).

This year, the Modi-administration allocated 120 crore rupees for Bangladesh, which is down by 80 crore rupees from that of the previous budget, reports The Daily Star.

A significant portion of the Ministry of External Affairs' (MEA) development assistance of 4,883 crore rupees for 2024-25 has been earmarked for countries such as Nepal, Sri Lanka, Bhutan, Maldives, Afghanistan and Myanmar.

Bhutan has emerged as the highest recipient of India's aid, receiving 2,068.56 crore rupees, less than last year's 2,400 crore rupees.

The provision is for India's multilateral and bilateral aid and assistance programmes to neighbouring and other developing countries in Africa, Central Asia, South Asia and Latin America.

As per the revised estimates for FY24, the Indian government provided 6,541.79 crore rupees to foreign governments, surpassing the budget estimates of 5,848.58 crore rupees.

The estimate for FY25 is 5,667.56 crore rupees.

 

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The India-Bangladesh Friendship pipeline (IBFP) construction project has been halted by the Indian government in the wake of the political instability in Bangladesh, says The Mint.

The pipeline will be used to transport diesel from India to Bangladesh.

Three people aware of the development said there had been a proposal to extend the 131-km pipeline beyond Parbatipur in Bangladesh, where the pipeline currently ends. However, the government has now pressed the pause button on this.

"Since the project has been operating well and has been largely successful, there was a consideration as to why not further extend it to cater to more places in the neighbouring country. Now, after the political situation somewhat destabilised, India would like to wait for the situation to stabilise for any further consideration and talks. No specific timeline can be given," said one of the people cited above.

 

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Farida Akhter, Advisor to the Ministry of Fisheries and Livestock, announced that no ilish fish will be exported to India for Durga Puja this year.

She also stated that the government will not import meat to protect local farmers.

During a meeting with the Fisheries and Livestock Journalists Forum (FLJF) at the Secretariat, Farida Akhter said: "Some profit-driven traders are attempting to import meat. We are committed to not importing meat to protect local farmers. We are taking steps to reduce production costs and lower meat prices. We will ensure that ilish is not exported to India this Durga Puja."

She also highlighted concerns about the import of frozen beef, stating that it could harm local livestock farmers and that any meat imported could be of poor nutritional quality due to improper processing.

Regarding issues with animal feed prices and subsidies, she assured that measures are being taken to lower feed costs and discuss agricultural subsidies with the relevant ministries.

Farida Akhter emphasized that the government is committed to ensuring fair prices for meat and the survival of local farmers.

She addressed concerns about corruption and mismanagement in veterinary hospitals and the livestock sector, stating that officials involved in corruption would face strict action.

She also mentioned that any illegal export of ilish would be prevented and promised to keep ilish prices affordable for low-income people.

Farida Akhter pointed out that syndicates and corporate traders are driving up the prices of animal feed, meat, and eggs, reports Samakal.

She assured that efforts would be made to break these syndicates and increase market supply to reduce prices. She also promised to address issues in contract farming and ensure fair practices for farmers.

In response to the damage caused by recent floods, she mentioned that a recommendation has been made to suspend loan installments for affected farmers for three months. Plans for constructing animal shelters are also being considered.

Finally, Farida Akhter called on the media to highlight the issues and potential of the fisheries and livestock sector, stating that increased media coverage would help address problems and benefit the nation.

 

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India’s Defence Minister Rajnath Singh has urged the country’s armed forces to analyse the ongoing conflicts between Israel-Hamas, Russia-Ukraine, and the current state of affairs in Bangladesh to prepare India for the “unexpected”.

He made the remarks on Thursday during a joint commanders’ conference in India’s Lucknow, according to the Indian newspaper The Telegraph.

Singh underscored the need for a thorough analysis in light of the recent circumstances in the India-China border and neighbouring countries “which are posing a challenge to peace and stability in the region”.

He also emphasised on a coordinated and proportionate response to provocation for any challenges India may face during future wars.

“Despite global volatility, India is enjoying a rare peace dividend and it is developing peacefully. However, due to the increasing number of challenges, we need to remain alert,” he was quoted as telling the commanders.

“We need to focus on our present, keep an eye on the activities happening around us at present, and focus on being future-oriented.

“For this, we should have a strong and robust national security component. We should have a fail-proof deterrence,” Singh was quoted saying.

He also highlighted the significance of using artificial intelligence to develop electronic and space warfare.

“These components do not participate in any conflict or war directly. Their indirect participation is deciding the course of warfare to a great extent,” he added.

While referring to India as a ‘peace-loving’ nation, he stressed that the Indian armed forces need to be ready for war to “preserve peace”.

His comments have stirred curious reactions in Bangladesh as they come in the context of the collapse of the government of Sheikh Hasina who has fled to India.

Former prime minister Hasina has long been regarded as one of India’s closest allies.

There has been a growing surge of anti-India sentiments and rhetoric in Bangladesh, especially since the massive July-August protests that overthrew the Hasina government.

 

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The Indian side is yet to take a call on Bangladesh's request for a meeting between interim government head Muhammad Yunus and Prime Minister Narendra Modi on the margins of the UN General Assembly in New York, people familiar with the matter said on Saturday.

The people, who spoke on the condition of anonymity, said a meeting appears unlikely following comments by Yunus in an interview with an Indian media outlet earlier this week. Yunus's remarks had not gone down well in New Delhi, they said.

The Bangladeshi side made a formal request earlier this week for a meeting between Yunus and Modi, who will both be in New York for the UN General Assembly later this month, the people said. The Indian side is yet to decide on this request and Modi's agenda for bilateral meetings in New York is still being firmed up, they said.

In an interview this week, Yunus criticised former premier Sheikh Hasina for commenting on developments in Bangladesh while in exile in India. He suggested Bangladesh can seek her extradition and said India should move beyond the "narrative" that every political party other than Hasina's Awami League is "Islamist".

"If India wants to keep her until the time Bangladesh wants her back, the condition would be that she has to keep quiet," Yunus said. "Sitting in India, she is speaking and giving instructions. No one likes it. It's not good for us or for India."

The Bangladeshi side has told India "quite firmly" that Hasina should keep quiet as "she has been given shelter there and she is campaigning from there".

There has been no response so far from the Indian side to Yunus's remarks. However, the people cited above said such comments weren't conducive to better relations.

India's leadership has said Hasina was granted approval to come to the country at short notice after she stepped down on August 5. The external affairs ministry has declined to comment on any possible Bangladeshi request for her extradition, describing it as a hypothetical matter.

Yunus, sworn in as leader of Bangladesh's interim government three days after Hasina fled to India, spoke to Modi on phone on August 16. At the time, Modi urged Yunus to ensure the protection of Hindus and other minorities in Bangladesh following attacks after the ouster of the previous government.

Yunus had said Bangladesh will give priority to the security of all minorities. In recent weeks, Yunus has repeatedly described reports in the Indian media about attacks on Bangladesh's Hindus as "exaggerated".

During their phone conversation, the two leaders also discussed ways to take forward bilateral relations in line with national priorities.


Due to Delhi's reluctance, inter-country passenger train services on all three existing routes between Bangladesh and India have remained suspended for over a month and a half.

Although Dhaka has sent several proposals to resume the rail service, Delhi has not yet responded, according to railway officials in Bangladesh. However, after repeated efforts, India allowed freight trains to operate from 20 August.

Earlier, on 18 July, train movement was halted across the country, including cross-border services, due to a "complete shutdown" enforced by students protesting the quota system in government services.

Short-distance trains resumed on 1 August but were halted again on 3 August as protests intensified.

Freight trains resumed operation on 12 August, days after the fall of the Sheikh Hasina government. Mail, express, local, and commuter trains began operating on 13 August, with intercity trains resuming service on 15 August.

Despite multiple attempts by the Bangladesh Railway to resume passenger services, the Indian Railway Board has not granted permission to this end.

In this regard, Director General of Bangladesh Railway Sardar Shahadat Ali told The Business Standard on Thursday, "Freight train operations have resumed between the two countries since 20 August, but there has been no progress on passenger trains despite our repeated efforts."

He continued, "We have sent letters but have received no response from the Indian side. Therefore, we have informed the foreign ministry, which will now hold talks with India. We hope to receive updates soon."

Failing to obtain permission from the Indian Railway authorities, the Bangladesh Railway decided to address the issue through government high-ups and sent a letter to the foreign ministry on 19 August.

TBS has obtained a copy of the letter, which states that Indian Railways had been requested to send light engines from 12 August to take empty wagons from Bangladesh.

However, no light engines have been sent, nor has any action been taken to get back the empty wagons.

The letter further notes that 255 empty wagons are currently waiting at various stations, occupying yard lines and disrupting normal operations.

Additionally, while the Bangladesh Railways granted permission for loaded rakes to be sent from India to Bangladesh on 12 August via various interchange routes, no loaded trains have been dispatched.

On the same day, 19 August, the Bangladesh Railway's operations department sent a separate letter to the Indian Railways' operations department regarding the running of freight trains.

This time, Bangladesh Railway received no objections from its Indian counterpart.

As a result, from 20 August, the empty wagons stuck in Bangladesh were able to enter India, and goods wagons stuck in India were allowed to enter Bangladesh.

In the letter to the foreign ministry, the Bangladesh Railway also addressed the issue of passenger trains.

It noted that the Mithali Express (Indian rake) running between Bangladesh and India arrived at Dhaka Cantonment station from New Jalpaiguri on the night of 17 July.

The train was scheduled to depart for New Jalpaiguri on the night of 18 July but could not operate due to the unrest. The empty rake of the Mithali Express is currently stationed at Dhaka Railway Station.

The inter-country Mithali Express between Dhaka and New Jalpaiguri, Maitree Express between Dhaka and Kolkata, and Bandhan Express between Khulna and Kolkata remain closed."

Finally, the letter requested the foreign ministry to take necessary measures to resume inter-country passenger train services between Bangladesh and India. However, India has yet to make a decision regarding passenger train operations.

When contacted, an official from the South Asia Wing of the foreign ministry, who wished to remain anonymous, said, "India has already permitted the operation of freight trains. Further talks with India are ongoing. India will inform us once they reach a final decision from their high authority. Nothing more can be said at this time."

On Saturday, Nahid Hasan Khan, director of public relations at Bangladesh Railway, said, "The matter will now be decided at the government level, as it is handled by the foreign ministry. They are working on it, and we have not been informed of any developments so far."


Bangladesh needs good relations with India, but it should be on the basis of equality and fairness, the interim government's Chief Adviser Prof Muhammad Yunus has said.

During a views-exchange meeting with students, the chief adviser also said he will try to revive the South Asian Association for Regional Cooperation (Saarc), Mahfuz Alam, chief adviser's special assistant, told the media at a briefing later.

About 150 students, including those who led the recent quota reform protests, participated in the meeting at the Chief Adviser's Office on Sunday (8 September).


India’s Defence Minister Rajnath Singh has urged the country’s armed forces to analyse the ongoing conflicts between Israel-Hamas, Russia-Ukraine, and the current state of affairs in Bangladesh to prepare India for the “unexpected”.

He made the remarks on Thursday during a joint commanders’ conference in India’s Lucknow, according to the Indian newspaper The Telegraph.

Singh underscored the need for a thorough analysis in light of the recent circumstances in the India-China border and neighbouring countries “which are posing a challenge to peace and stability in the region”.

He also emphasised on a coordinated and proportionate response to provocation for any challenges India may face during future wars.

“Despite global volatility, India is enjoying a rare peace dividend and it is developing peacefully. However, due to the increasing number of challenges, we need to remain alert,” he was quoted as telling the commanders.

“We need to focus on our present, keep an eye on the activities happening around us at present, and focus on being future-oriented.

“For this, we should have a strong and robust national security component. We should have a fail-proof deterrence,” Singh was quoted saying.

He also highlighted the significance of using artificial intelligence to develop electronic and space warfare.

“These components do not participate in any conflict or war directly. Their indirect participation is deciding the course of warfare to a great extent,” he added.

While referring to India as a ‘peace-loving’ nation, he stressed that the Indian armed forces need to be ready for war to “preserve peace”.

His comments have stirred curious reactions in Bangladesh as they come in the context of the collapse of the government of Sheikh Hasina who has fled to India.

Former prime minister Hasina has long been regarded as one of India’s closest allies.

There has been a growing surge of anti-India sentiments and rhetoric in Bangladesh, especially since the massive July-August protests that overthrew the Hasina government.


Commenting on Indian Defence Minister Rajnath Singh's speech before his country's military urging them to analyse the situation in Bangladesh, Foreign Affairs Adviser Md Touhid Hossain said he was more surprised than concerned.

"I am more surprised than concerned by his comments. I don't see any reason for such statements. We need to understand whether he said this for his own country's purposes," Hossain said during a press briefing at the Ministry of Foreign Affairs today (8 September).

"I do not believe there is any possibility of conflict between our two countries under any circumstances," he added.

Indian defence minister Rajnath Singh recently urged the top commanders of the Indian Armed Forces to monitor the situation in Bangladesh and prepare for future conflicts.

Rajnath "emphasised on the need of a broader and deeper analysis by the top military leadership in view of the situation along the northern border and the happenings in neighbouring countries which are posing a challenge to peace and stability in the region," according to a Defence Ministry statement.

He made these remarks during a speech last Thursday (5 September), where he addressed the Armed Forces' Joint Commanders Conference in Lucknow, Uttar Pradesh.

Hossain further elaborated on the issue, stating, "The way he spoke seems to be beating around the bush. I also don't see why India would need to prepare for war because of the conflict in Israel.

"It's also unclear what connection India has with the situation involving Hamas. And how Ukraine and Hamas could be compared to Bangladesh is beyond my understanding. We don't want to have any knee-jerk reaction to this. But we will certainly look into why he made such statements."

When asked if Singh's remarks pose a threat to Bangladesh, the foreign affairs adviser said, "I still believe he made this statement for some internal need. So, I don't want to speculate."

In response to a question about whether India would offer political asylum to former prime minister Sheikh Hasina, Hossain said, "Any country can grant political asylum to anyone. But whether it should be done in this case is something we will consider and look into."


 
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The government will talk eye to eye with other countries, including India, for the sake of the country without kneeling down, Youth and Sports Adviser Asif Mahmud Sajib Bhuiyan said yesterday (10 September).

"The previous government was a submissive regime lacking people's mandate. When dealing with other countries, they spoke with their heads bowed," Asif said during a discussion meeting organised by the Anti-Discrimination Student Movement at the Town Hall Ground in Cumilla.

"From now on, we want to engage with other countries with our heads held high, speaking for national interests rather than party interests," he added.

Asif further stated that India must now engage with the people of Bangladesh, rather than with just one party -- the Awami League.


The government aims to expedite export-import activities with neighbouring India through the Bhomra Land Port in Satkhira.

As part of this initiative, the National Board of Revenue (NBR) has announced that all products, except powdered milk, will now be allowed for import through this port.

The NBR is also considering upgrading the port from its current status as a land port station to a full customs house.

On 29 August, the customs wing of the NBR issued a statutory regulatory order (SRO) authorising the import of nearly all products through Bhomra.

A senior customs official told The Business Standard, "Currently, Bhomra operates as a land customs station. We are working towards establishing a separate customs house there, given the volume of imports through this port."

He added, "The distance from Bhomra to Kolkata is approximately 22 kilometres shorter than from Benapole in the Jashore district, presenting a significant opportunity for increased bilateral trade with India."

The distance from Benapole to Kolkata by road is 84 kilometres, while from Bhomra Land Port it is 62 kilometres.

Established in 1996, Bhomra is the third-largest land port in the country. Over 500 businesses are currently involved in import-export activities through this facility.

According to port authority data, revenue collected through Bhomra in the fiscal 2022-23 totalled approximately Tk632 crore.

Businesses are increasingly recognising the potential of the Bhomra Land Port.

Abdul Wahed, chairman of the standing committee on land ports, border trade, transit, and transshipment at the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), told TBS, "There is a strong likelihood of increased imports through Bhomra."

He added, "Both Bhomra and Sonamasjid land ports are crucial for alleviating the burden on the Benapole port."

However, Wahed also highlighted the current deficiencies in port and customs facilities.

"The port has not yet reached its full capacity. The roads need to be widened and improved. Establishing a fully operational port with complete customs facilities will significantly enhance its utilisation," said Wahed, who is also a former director of the country's apex trade body.

 

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Hilsa from Bangladesh was sent to India every year on the occasion of Durga Puja. However, after the fall of the Awami League government, certainly, this continuity will not be maintained. It has already been hinted that “Hilsa will not be given from Bangladesh this time”. In such a situation, it has been reported that “India has sent a letter” to Bangladesh requesting to send hilsa.

Indian media Hindustan Times reported that Hilsa goes to India from Bangladesh every year from the first week of September. However, the question has been raised whether Hilsa will go this time – because the political situation in Bangladesh has changed. Every year, Sheikh Hasina’s Awami League-led government arranged to send hilsa to India. But this time the situation is different as Sheikh Hasina ousted and fled to India.

Even in this uncertainty, some light of hope has been seen. Fish Exporters and Importers Association has appealed to the government for the export of hilsa.

Hindustan Times says that hilsa has been imported from Bangladesh for the past 5 years. Fish Exporters and Importers Association has appealed to the Foreign Affairs Adviser of the Bangladesh Government Touhid Hossain to send Hilsa to India following the same custom.

Last year also 1,300 metric tons of hilsa went from Bangladesh. However, there is still no assurance about how much hilsa will go this time, or if it will go at all.



The Border Guard Bangladesh (BGB) has seized approximately 650 kilograms of hilsa fish worth over Tk10 lakh near the Indian border in the Cumilla.

"The seized hilsa fish was valued at Tk1,600 per kilogram, amounting over Tk10.25 lakh," Lieutenant Colonel AM Jaber Bin Jabbar, Commander of the BGB-60 battalion told The Business Standard.

"The fish was subsequently auctioned, and the proceeds were deposited into the government treasury."

According to BGB sources, around 1pm today (11 September), during a routine patrol, BGB personnel spotted smugglers transporting the Hilsa in the North Anandapur area of Burichong Upazila, within 100 yards of the 2067 main pillar of the border.

Upon noticing the BGB patrol, the smugglers fled towards the Indian border and managed to escape.

 
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