India offers developmental aid for Yemen
From Yoshita Singh
United Nations, Dec 5 (PTI) India has offered to provide concessional Lines of Credit for developmental projects and programmes in Yemen, as it noted that the political situation in the West Asian nation remains "delicate".
India also urged the international community to assist the Yemeni government in efforts to stabilise the security situation.
"Despite significant progress made during the last one year, Yemen continues to face multiple political, security, economic and humanitarian challenges," India''s Permanent Representative to the UN Hardeep Singh Puri said in a Security Council briefing on Yemen yesterday.
Puri said India stands ready to offer concessional Lines of Credit for projects and programmes "considered urgent and necessary by Yemen under the umbrella of credit lines for the Least Developed Countries."
India has partnered with Yemen in humanitarian, human resources development and capacity building areas, Puri said adding that apart from its engagement under the Friends of Yemen Group, India is willing to look at specific Yemeni proposals particularly in the field of training, capacity building, entrepreneurship development, small and medium enterprises, education and information technology.
India has previously provided a consignment of rice worth of two million dollars and would be soon sending another consignment of wheat worth the same amount.
In addition, India would also be supplying medicines worth two million dollars to Yemen.
Puri further noted that the political situation in Yemen remains delicate with political parties and regional stakeholders yet to overcome differences over key issues like transitional justice and reconciliation.
The fragility of the situation has compounded the humanitarian situation affecting nearly 10 million Yemenis, he said.
With al-Qaeda and affiliated militant groups continuing to carry out attacks against government institutions and officials, Puri urged all groups to lay down their arms and join the political process to address their grievances.
"We strongly condemn all terrorist acts and violence in Yemen. We call upon the international community to continue its assistance to the Government of Yemen in its fight against terrorist groups and in its efforts to stabilise the security situation," he said.
He added that the continuing support of the international community is crucial to Yemen as it consolidates gains made during the last year.
RBI Chief Raghuram Rajan stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the Rupee's fall is yet to kick in.
Date 21 hrs ago, Duration 2:19, Views 28