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Govt asks seafood exporters to explore new markets amid US tariff hike

Govt asks seafood exporters to explore new markets amid US tariff hike

Minta day ago
New Delhi, Aug 11 (PTI) The government on Monday asked seafood exporters to "bravely face" the current challenge of high US tariffs and explore alternative markets to ship shrimps and other fish varieties.
Addressing a press conference, Union Minister for Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh said alternative markets are available for India's seafood exports.
"The EU, Japan, South Korea, UK, Russia, Australia, West Asia, South East Asia and many countries are available for export of Indian seafoods," he said.
"We have asked them (exporters) to face the current challenge bravely. There are alternative markets available... Where there is a will, there is a way," Singh added.
The minister emphasised the need for improving value addition and packaging before reaching other markets.
"We have told them that before reaching other markets, there is a need to improve value addition and packing. We have asked to work in this direction," he noted.
Singh also asked exporters to take advantage of the Fishery Infrastructure Development Fund to upgrade and strengthen value-addition, processing and packaging facilities.
To address export concerns, the Marine Product Export Development Authority (MPEDA) has been asked to meet exporters in four major producing states and help them prepare for new markets.
The minister said MPEDA will help identify specific fish varieties, value addition, and modernising processing and packing infrastructure.
"We had a fruitful meeting. Some positive suggestions were made," the minister said.
Ministers of State for Fisheries, Animal Husbandry and Dairying S P Singh Baghel and George Kurian, and Fisheries Secretary Abhilaksh Likhi were also present.
When asked if exporters demanded a financial package to tide over the current difficult situation, Singh said: "A few days back, the Prime Minister had clearly said that we will not compromise on the interest of farmers. All exporters said they side with the PM on this issue and accept the challenge and look for new avenues."
Exporters have identified new markets and have started exploring them, he said.
More than 50 individual exporters and representatives of key fish-growing states attended the meeting.
The minister said exporters have made certain suggestions to be included in the Pradhan Mantri Matsya Sampada Yojana (PMMSY) during the 16th Finance Commission.
He said the government has come out with draft guidelines on fishing in high seas and Exclusive Economic Zones, and sought public comments within a month.
"This will harness fisheries, especially tuna fish in Lakshadweep islands and Andaman and Nicobar and give a further boost to India's export," he added.
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Ye Jung hai Jung-e Azadi: lyrical echoes of India's freedom struggle
Ye Jung hai Jung-e Azadi: lyrical echoes of India's freedom struggle

Indian Express

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  • Indian Express

Ye Jung hai Jung-e Azadi: lyrical echoes of India's freedom struggle

— Mohammad Asim Siddiqui Poetry is not just a medium for expressing personal emotion but also serves as a source for creating social awakening, launching political protests, and celebrating heroic deeds and patriotic actions. Many powerful slogans and themes of the Indian freedom movement emerged from the work of poets. Vande Mataram, India's national song that was very popular during the freedom struggle, is from Bankim Chandra Chatterjee's Bengali novel Anandmath (1882). Similarly, the national anthem 'Jana Gana Mana' was written by Rabindranath Tagore in 1911. 'Inquilab Zindabad', the patriotic war cry of revolutionaries during the freedom movement, was coined by freedom fighter and Urdu poet Hasrat Mohani in 1921. The famous song 'Vijayi Vishwa tiranga pyara/jhanda uncha rahe hamara', often sung during important events, was written by Hindi poet Shyamlal Gupta in 1924 and was later adopted by the Indian National Congress. Right from the Revolt of 1857, often described as India's first war of independence, to the country's independence on August 15, 1947, poets writing in both English and Indian languages have written about important events and figures of the freedom movement. Rahi Masoom Raza wrote 1857, a long poem in Urdu also published as Kranti-Katha in Devanagari, which celebrates the bravery of leaders and ordinary people during the Revolt. Explaining the reason behind writing this poem, Raza wrote, 'after the Revolt only misguided people accepted mental defeat but the really far-sighted people continued the fight against the British in some form.' He also highlighted the role of all sections of Indian society in the Revolt, though their reasons for participation in the fight could have been different. Maithilisharan Gupt (1886-1964), one of the pioneers of modern Hindi poetry whose work is known for nationalist themes and patriotic fervour, was given the title of Rashtra Kavi by Mahatma Gandhi. In Bharat Bharti (1912), a book of social awakening, he contrasts India's greatness in education, art and civilisation in the past with the decline he perceived in his time. Ramdhari Singh Dinkar (1908-1974), another important poet known for taking up the themes of nationalism and patriotism in his poetry, wrote Vijay Sandesh (1928), a collection of poems inspired by Sardar Vallabhbhai Patel's Bardoli Satyagraha in Gujarat – the agitation against the excessive taxation imposed on farmers by the colonial government. The early phase of Indian English poetry shows poets talking about their love of the country and asserting their Indian identity. Toru Dutt (1856-1877) turned to Indian legends and ancient Indian history. Henry Louis Vivian Derozio (1809-1831) clearly expressed his patriotism and love of freedom in his poetry. His famous poem 'To India: My Native Land' mourns the loss of India's ancient glory and laments its 'chained' state and misery under British rule. Sarojini Naidu (1879-1949), a freedom fighter and the first Indian woman president of the Indian National Congress, paid tributes to many national heroes in her poetry. She described Gopal Krishna Gokhale as 'steadfast, serene, dauntless, supremely wise' in her poem 'In Gokhale's Garden', and praised the bravery of Bal Gangadhar Tilak in 'Lokmanya Tilak': Hail dauntless soldier, hail intrepid sage/Who taught our nation Freedom's Gayatri! Immutable from the redeeming flame/Your ashes are our children's heritage, And all the epic rhythms of the sea/Chant your triumphant and undying name. Many Punjabi poets composed powerful verses of protest against the colonial excesses, which angered the British officials. As critic Harbhajan Singh Bhatia notes, Nanak Singh's 'Khooni Vaisakhi', Vidhata Singh Teer's 'Teer Tarang' and Firoz Din Sharaf's 'Dukh de Kirne' were all banned by the colonial government. Nanak Singh (1897-1971), who participated in the protest against the Rowlett Act and miraculously survived the Jallianwala Bagh massacre, wrote a moving account of the tragedy in his long poem Khooni Vaisakhi: A Poem from the Jallianwala Bagh Massacre 1919 (2019). This was ably translated from Punjabi into English by his grandson, Navdeep Suri. The 900-line poem, divided into stanzas, bears titles that trace the narrative arc and emotional tenor of the poem. Some examples include 'Rowlatt Act Controversy', 'The Dead and Wounded', ' The Gathering in Jallianwala Bagh', 'Brig. Gen. Dyer Arrives, Gunfire Begins', and 'People Wailing as They Bring the Corpses of Loved Ones'. In a very poignant tone, Nanak Singh captures the wailing of parents, wives, sisters, and presents the harrowing account of cremation and burial of dead bodies: Clutching lifeless bodies of precious sons/Parents mourn the abject horrors of the day/ My child, oh! Wake up just once more/What makes you sleep in a place so grey? He adopts a tone of extreme anger while addressing Gen. Dyer: Shame on you, you merciless Dyer What brought you to Punjab, O Dyer? Not a sign of mercy unleashing such horror How badly were you drunk, O Dyer? You came here thirsting for our blood Will a lake of it fill your greed, O Dyer? An important feature of Khooni Vaisakhi in its English translation is the addition of an essay titled 'The Sins of the Great-Grandfather', written by Justin Rowlatt, the great-grandson of Sir Sidney Rowlatt, the author of the infamous act. Justin Rowlatt expresses his horror and shock at the massacre, calling the Rowlatt Act 'a draconian piece of legislation'. 'I feel deeply ashamed of my connection to this appalling episode', he wrote. There is also a very strong note of protest against colonial rule in Urdu poetry. Hasrat Mohani (1875-1951) is critical of the oppressive laws that were used to persecute people: Naam se qaanuun ke hote hain kya kya sitam Jabr b zere niqab dekhiye kab tak rahe (How long/will this persecution last/under the garb of law?/Let us see./How long/will this tyranny stay hidden/under cover?/Let us see) (Trans. Surinder Deol) He exhorts his countrymen to remain optimistic about India's independence: Ai k najaat-e hind ki dil se hai tujh ko aarzu Himmat-e sar buland se yaas ka insidaad kar (For India's freedom,/ which is your heart's desire,/you have to keep your morale high,/and avoid the feeling of despair.) (Trans. Surinder Deol) Bismil Azimabadi (1901-1978), a freedom fighter and poet, wrote the ghazal 'Sarfaroshi ki tamanna' in 1921 after the Jallianwala Bagh tragedy. This ghazal became very popular after Ram Prasad Bismil (1897-1927), a freedom fighter and one of the founders of Hindustan Socialist Republican Association, recited it while facing his execution in 1927 for the Kakori train robbery: Sarfaroshi ki tamanna ab hamaare dil mein hai Dekhna hai zor kitna baazu-e qaatil mein hai (The desire to sacrifice my life for my land/is supreme in my heart./we have to see how much force/is there in the arms of the murderer.) (Trans. Surinder Deol) Almost all poets associated with the Progressive Writers' Movement spoke against colonialism, communalism, and conservatism. Displaying his Marxist leanings, Makhdoom Mohiuddin (1908-1969) wrote 'Ye Jung hai Jung-e Azadi' in which he emphasised the battle of workers, labourers, and the persecuted people to achieve independence. Asrarul Haq Majaz (1911-1955), usually celebrated for his romantic poetry, prefers a flag to the aanchal of his beloved in one poem: Tere maathe pe ye aanchal to bahut hi khuub hai lekin Tu is aanchal se ik parcham bana leti to achchha tha (The corner of your aanchal/ on your forehead looks beautiful,/but it would have been much better/if you had made a flag/out of this material.) (Trans. Surinder Deol) In his book India's Freedom Struggle and Urdu Poetry: Awakening (2022), translated by Surinder Deol, famous Urdu critic Gopichand Narang states four reasons for Urdu's importance during the freedom struggle. First, it was the most popular and most widely used language. Second, many prominent freedom movement leaders knew Urdu well and used this language to address the masses. Third, several revolutionaries composed verses in Urdu. Fourth, it had many great poets 'who composed poems that quickly became songs of freedom'. The book is divided into two parts. In the second part, Narang 'highlights the poetic contributions of four leading poets of the freedom movement: Durga Sahai Suroor Jahanbadi, Josh Malihabadi, Tilok Chand Mehroom, and Firaq Gorakhpuri'. How did the poetry in various Indian languages amplify the patriotic war cry of revolutionaries during India's freedom struggle. In what ways did poetry during the freedom movement appeal to diverse groups of people by blending romantic, religious, and revolutionary imagery? How do you think the participation in the fateful massacre in Jallianwala Bagh shaped the emotional tone and narrative style of poets like Nanak SIngh? Why was Urdu such a potent medium for mobilising people during the freedom struggle, and how did its popularity intersect with the multilingual character of the movement? (Mohammad Asim Siddiqui is a Professor in the Department of English at Aligarh Muslim University.) Share your thoughts and ideas on UPSC Special articles with Subscribe to our UPSC newsletter and stay updated with the news cues from the past week. Stay updated with the latest UPSC articles by joining our Telegram channel – IndianExpress UPSC Hub, and follow us on Instagram and X.

ET Market Watch: Banking blues drag stock markets; Nifty eyes 24,700 retest
ET Market Watch: Banking blues drag stock markets; Nifty eyes 24,700 retest

Economic Times

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ET Market Watch: Banking blues drag stock markets; Nifty eyes 24,700 retest

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How investor confidence in India is at a record high
How investor confidence in India is at a record high

First Post

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  • First Post

How investor confidence in India is at a record high

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Meanwhile, monthly equity flows scaled the Rs 42,000 crore mark in July while the industry assets under management (AUM) crossed Rs 75 lakh crore in the same month, data from Amfi showed. Systematic Investment Plan (SIP) contributions touched a record high of Rs 28,464 crore in July – up four per cent from Rs 27,268.79 crore in June. Amfi chief Venkat N Chalasani said the development was a reflection of sustained investor confidence and disciplined participation. 'The total Assets under Management grew by 1.3 per cent to Rs 75.36 Lakh Crores, despite pressures from a strong US dollar and persistent foreign fund outflows. This is a testament to sustained investor confidence and disciplined participation,' Chalasani said. 'Equity mutual funds recorded their highest-ever monthly inflow of Rs 42,702 crore, with DIIs maintaining strong support. SIP contributions hit a new record of Rs 28,464 crore, and contributing accounts grew 5.4 per cent to 9.11 crore — clear evidence of disciplined investing even amid volatility'. STORY CONTINUES BELOW THIS AD What do experts say? Experts say SIPs could go past the Rs 30,000 crore mark soon. 'SIP numbers…could reach the ₹30,000-crore monthly milestone soon. This reflects growing investor maturity, rising financial awareness, greater digital access, and sustained market confidence. The resilience of the Indian markets, despite global uncertainties, is remarkable. Using corrections as opportunities is wise, but in the long run, systematic investing remains the most powerful approach,' Suranjana Borthakhur, head of distribution & strategic alliances, Mirae Asset Investment Managers (India), told Fortune India. They say SIPs are a key factor in stabilising the market. 'The steady growth in SIP inflows brings significant reassurance, as it helps reduce market volatility. We also view rising SIP investments as an early indicator of job creation and economic strength. The record-high monthly SIP inflow of ₹28,464 crore reflects a positive outlook for India's economy,' said Jyoti Prakash, managing partner–equity and PMS, AlphaaMoney, added. Aditya Birla CEO A Balasubramanian said the record inflow into equities and all-time high SIP contribution show the deep commitment and trust shown by the investors in mutual funds. STORY CONTINUES BELOW THIS AD India's future is bright Surveys abroad show that the future looks even brighter for India. A recent survey by Bank of America shows that US fund managers are growing more bullish on emerging markets (EM). Over a third of fund managers, 37 per cent, say they are now overweight on EM stocks. That's the highest number since February 2023. This shift is driven by concerns over elevated US stock valuations and optimism about China's economic rebound. Nearly half of investors, 49 per cent, say that EM equities are increasingly thought of as undervalued or cheap – the highest number in a year. Meanwhile, a massive 91 per cent of respondents think US equities are overvalued – mainly big tech firms, which they think have become the 'most crowded trade'. With inputs from agencies

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