Skip to main content

Jaitley's Australia visit starting March 29 amidst continued controversy around $16 billion Adani mining project

By Neeraj Nanda*
India’s Finance Minister Arun Jaitley is visiting Australia on a four-day official when he lands in Sydney on March 29. The visit also takes him to Canberra and Melbourne. He will meet the Daniel Andrews, Premier of Victoria, among others during his visit.
The visit comes at a time when the biggest ever proposed Indian investment in Australia, the Queensland Carmichael coalmine project, is facing determined opposition from environmentalists and the Wangan and Jagalingou (W&J) people, traditional owners of the proposed mine site in QLD’s Galilee Basin. The Queensland Parliament had recently unanimously passed a resolution to support the mega-mine with the Indian mining giant Adani.
A Tweet by the Indian Finance Ministry says he is on a mission “mainly to attract investment and hold bilaterals”. His engagements include addresses at the CEOs Forum and the ‘Make in India’ conference in Sydney.
A Press Information Bureau, New Delhi, media release says “one of the main objectives of the Finance Minister’s visit to Australia is to attract foreign investment in India especially in Infrastructure sector among others.”
An expert on the subject, who does not want to be named, says, “The fact is that Australia is a capital importing country and so is India. How can two capital importing countries export capital to each other?”
But media reports indicate Jaitley aims to entice cash-rich Australian super funds to invest in India.
The Indian Finance Minister will in Sydney address and have an interactive session at the Sydney Campus of the SP Jain School of Global Management. He will also have a meeting with Australian Foreign Minister Julie Bishop. Later, Jaitley will inaugurate the Sydney branch of the Union Bank of India.
Next day, on March 30, the Finance Minister will deliver the Key Note Address at the ‘Make in India’ Conference in Sydney. He will also have a meeting with prominent CEOs of Australia. Thereafter, he will have a bilateral meeting with The Hon. Scott Morrison, MP, and Treasurer. In the afternoon, Jaitley will have an interaction with the local Indian community.
During his stay in Canberra (March 31), the Finance Minister will have bilateral meetings with Senator Mathias Cormann, Minister for Finance and Peter Vergese, Foreign Secretary. In the afternoon, the Indian Finance Minister will have a meeting with the Vice Chancellor of the Australian National University (ANU) followed by an interaction with ANU Economists and participation in the KR Narayanan Oration at the University.
In the evening, Arun Jaitley will address the Indian community at a reception hosted by the High Commissioner of India in Australia in which leading members of Indian community from all major cities of Australia have been invited.
On the last leg of his Australia visit, the Indian Finance Minister will be in Melbourne (April 1) where he will meet Peter Coastello, Chairman, Future Fund and will participate in the ‘Invest in India Round Table Conference’.
He will also attend a signing ceremony of a Memorandum of Understanding (MoU) between FICCI and Australia-India Business Council and have one to one meeting with CEOs of various companies.
And in the evening Jaitley will visit the University of Melbourne for participating in a town hall lecture with Professor Craig Jeffrey, CEO and Director of the Australia India Institute and Greg Sheridan, Foreign Editor of ‘The Australian’ newspaper. The public lecture will include a lively discussion between the three panel members, with time for questions from the audience.
---
*Editor, South Asia Times, Melbourne. SAT News Service

Comments

TRENDING

Call to support IIM-Bangalore professor, censured for seeking action against Uniliver

Counterview Desk
Sections of the Indian Institute of Managements (IIMs) across India have strongly reacted to the decision to censure Dr Deepak Malghan, a faulty at IIM-Bangalore. Prabhir Vishnu Poruthiyil, who is faculty at IIM-Tiruchirapalli, has sought wider solidarity with Dr Malghan, saying, "The administration has censured Deepak for merely suggesting a meaningful action against Hindustan Unilever for their abysmal environmental record" by “disinviting” it for campus placement.

Actionable programme for 2019 polls amidst lynch mobs, caste violence, hate mongering

Counterview Desk
Reclaiming the Republic, a civil rights network, has released a document prepared under the chairmanship of Justice AP Shah (retired) -- and backed, among others, by Supreme Court advocate Prashant Bhushan, bureaucrat-turned-human rights activist Harsh Mander, economist Prabhat Patnaik, Right to transparency activist Anjali Bhardwaj and social scientist Yogendra Yadav  (click HERE for full list) -- with the "aim" of putting forth policy and legislative reforms needed to “protect” and “strengthen” the Constitutional safeguards for India’s democratic polity.

Noam Chomsky, top scholars ask NRIs to take stand on human rights violations in India

Counterview Desk
Renowned world scholars, including Noam Chomsky, James Petras, Angela Davis, Fredric Jameson, Bruno Latour, Ilan Pappe, Judith Butler, among others, have issued a statement castigating the Narendra Modi government for allegedly creating an environment of fear through arrests, intimidation and violence.

India under Modi "promoted" crony business, protected financial fraudsters, fueled bigotry

By Sandeep* and Rahul Pandey**
Narendra Modi's ascension to power was accompanied with jubilation and expectation. His supporters were expecting an end to era of corruption and initiation of good governance which was described as Achche Din. His party's adherence to idea of nationalism was believed to make India a vibrant country and guide India to be a world leader. He gave the slogan of 'Sabka Saath, Sabka Vikas' conveying that his government was for all.
Corruption The government system is infested with corruption. A minimum of 10% is siphoned off from government schemes and projects, some of which goes back to political party in power and remaining is pocketed by various administrative, executive and political functionaries. This corruption continues and has increased. Now an additional Rashtriya Swayamsewak Sangh (RSS) person working as Official on Special Duty or some equivalent position in every government department also has a share in this booty.
The Narendra M…

Inviting Rajapaksa to India "insult" to 1,40,000 Tamils killed by Sri Lankan army

Counterview Desk
In the context of Sri Lankan opposition leader Mahinda Rajapaksa being invited in India, about 75 human rights activists*, claiming to be concerned about rights violations during the civil war in Sri Lanka, especially in 2009, have joined together to express their dissent through a statement.

A Godse legacy? BJP rulers have "refrained" from calling Gandhi Father of the Nation

By Dr Hari Desai*
What an agony! On one hand, the entire India is celebrating the 150th birth anniversary of Mahatma Gandhi under the leadership of Prime Minister Narendra Modi, but on the other side, so-called Hindu Mahasabha members have been found mock-enacting the killing of the Mahatma and celebrating the murder by distributing sweets!

No aadhaar, no ration? Hard blow by Gujarat govt on poor and marginalized

By Pankti Jog*
Only those who have aadhaar registration and linked it with ration card will get ration from a Public Distribution System (PDS) shop. This decision of the Gujarat government has hit very badly thousands of poor and marginalized communities of Gujarat, especially during the drought year.

Not just Indian women engineers, men too face sexual harassment at workplace: US study

By Rajiv Shah
A recent research, carried out jointly by two US-based non-profit organizations, Society of Women Engineers (SWE) and Center for WorkLife Law (WLL), based at the University of California, Hastings College of the Law, has found that 45% of women engineers as against 28% of men engineers complained that it was perceived as “inappropriate when women argued at work, even when it was work-related.”

Post-advisory, Govt of India appears reluctant to ban e-cigarettes, "harmful" to kids

By Rajiv Shah
Is the Government of India dilly-dallying over the issue of banning e-cigarettes, which have been declared by anti-tobacco activists across the world as providing “an entryway to nicotine addiction”, especially among the kids? It would seem so, if the latest developments are any guide.

Poser to Modi: Why is Gujarat not fulfilling Constitutional obligations to minorities?

Counterview Desk
In an open letter, Mujahid Nafees, convener, Minority Coordination Committee (MCC), a Gujarat-based civil rights organization, has accused Prime Minister Narendra Modi on infringing upon MCC activists’ constitutional right to protest. Nafees says, they had no other demands except that the Gujarat government should move towards fulfilling the constitutional obligations towards minorities and international treaties to which India is a signatory.