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Rajnath launches dedicated portal to support kin of fallen heros_我的网站

A |     New Delhi, Oct 14 (UNI) Defence Minister Rajnath Singh on Friday launched a dedicated website 'Maa Bharati Ke Sapoot' (MBKS) to enable the countrymen to contribute towards Armed Forces Battle Casualties Welfare Fund at a function at National War Memorial Complex.

Armed Forces Battle Casualty Welfare Fund is a Tri service fund, which is utilised for grant of immediate financial assistance of ex-gratia to the families of soldiers, sailors or airmen who lay down their lives or get grievously injured in active military operations.

Amitabh Bachchan, who has been made the Goodwill Ambassador of the initiative, has expressed his gratitude towards the families of the fallen heroes and exhorted citizens to come forward and contribute to the fund.

Addressing the gathering, Defence Minister Rajnath Singh appealed to contribute generously to the fund and support the families of Indian bravehearts.

"We must come forward with a 'big' and 'open' mind to fulfill our responsibility towards the security of our nation. It is our 'moral' and 'national' obligation," the Defence Minister said.

"As responsible citizens, it becomes our moral duty to do something for those who have done so much for us. With a sense of gratitude, a sense of dedication, a sense of belongingness, one should try to do as much as possible for our soldiers and their families," the Minister added.

Informing about the initiative, the Defence Ministry said that while the Government has initiated a large number of Welfare Schemes for the soldiers killed or disabled during active military operations in the line of duty, there has been a strong public sentiment and requests from patriotic citizens, corporate heads/ industry captains, to contribute to the cause of welfare of the soldiers and their families.

The website was launched to facilitate patriotic Indians to partner in the noble cause. There is no upper limit of contribution towards this fund.

Defence Minister Rajnath Singh also felicitated the Next of Kins of the fallen Heroes and disabled soldiers during the event. Parents and relatives of many War decorated soldiers also graced the occasion.

The Army Battle Casualties Welfare Fund (ABCWF) came into existence following an avalanche incident in Siachen Glacier on February 3, 2016 in which the Indian Army lost 10 soldiers. The incident saw an outpouring of national sentiment and flow of donations and later resulted in creation of the Fund on April 1, 2016.

Besides Defence Minister Rajnath Singh, three Service Chiefs and Member of Parliament Col Rajyavardhan Singh Rathore, the function was also attended by three former Army Chiefs Gen VP Malik, Gen NC Vij and Gen Dalbir Singh Suhag.

UNI ASU SHK2026。    India and emerging market economies (EMEs) will gain “substantially,” reckoned experts, as Japan-based Nomura Holdings predicts “multiple recessions” for the world’s major economies over the next 12 months.,Nomura Holdings on Monday noted that the US, Eurozone, the UK, Japan, South Korea, Australia, and Canada will fall into recession amid tightening government policies and rising living costs.,“A recession in developed countries can result in heightened interest of Foreign Portfolio Investors towards emerging markets, including India, which is the fastest-growing major economy in the world”, Pranav Haldea, managing director of Prime Database, told Sputnik.,Haldea blames the US Fed rate hike aimed at controlling the rising living costs for the current capital outflow from emerging markets, saying interest rates in the US have a huge bearing on FPI flows.,Foreign investors dumped Indian shares worth $6.4 billion in June — the highest net outflow in over two years. Foreign investors withdrew $27.9 billion from Indian equities in the first six months of 2022.,“Once the current rate hike cycle shows signs of abating, FPIs shall again look at emerging markets with renewed interest”, Haldea reckoned.,Economists observe Fed missteps such as the delayed response to inflation, which the latter labeled “transitory” until March this year, hamper economic activity in the US. The US recorded 8.6 percent inflation in May, the highest in four decades.,Massive inflationary pressure is also hindering growth in European economies such as Germany, Spain, and France, which registered 7.6, 10, and 5.2 percent price rises in May, respectively. Inflation in the UK is running at 9.1 percent.,US Unlikely to Avoid Severe Recession if Fed Hikes Interest Rates Too Quickly to Cool Inflation2 July, 02:42 GMT,Economists warn of spreading high inflation beyond commodities to services items, rentals, and wages.,Nomura analysts Rob Subbaraman and Toh Si Ying wrote in a research note that there are increasing signs that the world economy is entering a “synchronized growth slowdown, meaning countries can no longer rely on a rebound in exports for growth”.,Professor Manoj Pant, a prominent economist and vice chancellor at the Indian Institute of Foreign Trade, said that emerging markets would also be affected by a decline in trade; still, some factors may lessen the impact.,“The factors which are operating in our favor are that the bulk of the buying consumers are located in India, and the current geopolitical situation means a lot of countries are looking at India not as a complete replacement, but as a possible third area apart from China and Vietnam”, Pant told Sputnik.,Nomura forecasts a prolonged recession in the United States and a much deeper slump in Europe if Russia entirely cuts off gas to the region.,Despite the global headwinds, the Indian economy is predicted to grow at 7.2 percent in the current fiscal, much higher than any other major global economy.,Experts advise Indian policymakers to capitalize on the structural changes that began in 2016-17 onwards but that were interrupted by the COVID-19 pandemic.,“The world is moving much more towards services than manufacturing. China’s boom was based on manufacturing, the services boom will have to be in India. So the question is how well we are able to take account of that. So depending on us, we can actually gain substantially, if we are ready”, Pant added.,However, Pant labeled the new forecast as a continuation of the 2019 recessions, as there has been no boom registered anywhere in the world since then.,China infuses immense hopes to all the developing economies, as economists bet on demand from the world's second-largest economy to mitigate negative impacts, even though they face slowing export demand from the US and Europe.。

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