Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina are anticipated to collectively inaugurate the 1320 MegaWatt Maitree Tremendous Thermal Energy Station when the latter visits India for a three-day go to within the first week of September. Touted to be Bangladesh’s largest energy plant, the coal-fired station is being arrange by Bangladesh India Friendship Energy Firm Restricted, a 50:50 three way partnership between India’s NTPC and Bangladesh Energy Growth Board. The challenge is value USD 1.5 billion.
Whereas Bangladesh PM Hasina is anticipated to go to India any time between September 5 and seven and keep for 2 to 3 days, the go to has been accorded utmost significance by the Modi authorities as Dhaka occurs to be one among India’s closest allies. Earlier than PM Hasina arrives in Delhi, trial runs between Kolkata-Chattogram-Mongla ports for India Bangladesh commerce will start posting a brand new chapter within the bilateral ties. The primary vessel from Kolkata is anticipated to achieve Mongla, on Pashur River, on August 5 carrying 16 tons of iron pipes in a container with vacation spot Meghalaya utilizing the Tamabil-Dwaki border factors and eight.5 tons of pre-foam in one other container for Assam utilizing the Birbirbazaar-Srimantpur border factors. This train will create cheaper and various routes for India to achieve its North-East area whereas on the similar time carrying export-import containers for Bangladesh.
Being an in depth ally of India, the Modi authorities has additionally allowed export of much-required wheat to Bangladesh by means of Hili Land Port in Dinajpur because of which the worth of wheat has gone down, easing inflation considerations of Dhaka. India provides practically 66 per cent wheat to Bangladesh, whereas its imports from Ukraine, some 15 per cent yearly, have been hit by the struggle with Russia.
Regardless that Bangladesh has approached the IMF for a mortgage, the economic system and the infrastructure growth below Sheikh Hasina are progressing with the Bangladesh challenge to develop by over 6 per cent this monetary yr. Dhaka like all the opposite nations within the Indian sub-continent have been hit by the hardening of USD due to which exports have develop into costlier. Nonetheless, Bangladesh foreign money Taka is holding in opposition to the USD as in comparison with Pakistani Rupee and Sri Lankan Rupee.
Whereas the nation has prospered below the management of Sheikh Hasina, Islamic radicalization has grown in Bangladesh with Muslim Brotherhood affiliate Jamait-e-Islami taking part in a significant function in border areas. Regardless that Jamaat can not contest elections as per 2013 Supreme Court docket ruling, the group together with different radicalized outfits like Hefazat-e-Islam, Jamait-ul-Mujahideen and Islamic Chhatra Shibir are instrumental in orchestrating assaults in opposition to Hindu minorities in Bangladesh. So as to add gas to fireplace are the Rohingya immigrants who’ve been penetrated by Pakistan based mostly terrorist teams like Lashkar-e-Toiba to create issues for the ruling Awami League celebration. Whereas Sheikh Hasina will deal with Bangladesh’s economic system, it’s the radical Islamists who might dent her prospects within the election subsequent yr except made accountable by the regulation enforcement businesses.
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