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Rich nations to blame for global slowdown: PM

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  • Manmohan singh
    Manmohan Singh left for Italy to attend a two-day Summit meeting of G-8 industrialised nations beginning July 9.

    Singh said the issues of food security, energy security and climate change were closely interlinked. "They have to be approached as a single undertaking if we are to give meaning to the concept of sustainable development."

    Noting that climate change will be an important subject of discussion, the Prime Minister said, "It is the developing countries that are the worst affected by climate change. What we are witnessing today is the consequence of over two centuries of industrial activity and high consumption lifestyles in the developed world. They have to bear this historic responsibility," he said, adding that India will actively participate in the international negotiations on climate change within the framework of the United Nations Framework Convention on Climate Change and the Bali Action Plan.

    During his visit, the Prime Minister will have bilateral meetings with the leaders of the U K, Italy, Germany, Japan and Angola.

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    Indian PM is raising the most pressing need of restructuring By: Charan Gill,Patiala | 08-Jul-2009 Reply | Forward In this interdependent world the nature of our torments has also turned globalized.The question no longer remains blaming each other.We are already in a phase where the survival of each depends upon the survival of all.If Indian PM raises the questions of global nature in the right perspective it is a thing of pride for all Indians.Manmohan Singh has an impressive style of formulating the most complex questions in precise and simple way.He is raising the pressing need of restructuring all our relations as Gorbachev has done earlier.
    Feel the heatBy: Raj | 08-Jul-2009 Reply | Forward Till the other day (elections) this gentleman used herald everything happeining here. Now after having done all the pluses and minus in the balance sheet and having dumped the real situation of the economy to fool poeple, he has started feeling the heat as he and his team can not continue to manipulate figures for too long. They have created havoc with the fiscal deficit and to win elections threw money into water like any thing. Petrol prices are back, inflation in real terms is out of control as prices of commodities instead of comming down are rising. Same is case with dal, chawal and atta. Being getle can not do any good as people might have expected.
    PM-FM, still this statement???By: Avinash Baranwal | 08-Jul-2009 Reply | Forward He may be right...but beggers are not the choosers.If developed countries are responsible, we have to bear the brunt. Do we have a way??But it is a surprise to see such comments from a PM who was a FM once. Where were his skills and knowledge?
    Common...Mr. SinghBy: MV | 08-Jul-2009 Reply | Forward An advanced country like India..blaming its woes on the western countries. First fix your economy -- fix the babus, the evil bribes, fix the security situation where industrialists are kidnapped and women are raped, fix the country so that they are consumers of goods as well. I find it difficult to invest in India without the convoluted process, buy a home without the black money, get a job without declaring ones age etc. India itself can be a big economy for itself and for the people...
    Did PM ask Sonia to make such statements before departing to G-8 conference in Italy??By: JP | 08-Jul-2009 Reply | Forward Obviously, this is not an official statement from GOI despite PM is making it, because he goes to Italy and blames developed world, whose agent is Ms Sonia Gandhi. The victory of 2009 has lossened the strings on the PMs tongue as if he won a parliamentary seat and hence the election. And Oh my...if your vision is 2020 with such a clear hindsight, why were you sitting idle from 04 to 09? India should be the richest nation with highest per capita income by now!!! Instead these congressis are hell bent after sacrificing best performing BJP CM of Gujarat, which has highest per capita income in India!!! Politics and yadi yadi ya.....chalta hai,,,dog is barking...!!! dumbocrazy!!! and that's why "mera bharat mahan"
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