The Defence Minister, Rajnath Singh said that if India had good relations with Pakistan, it would have offered more money than what Pakistan needed from the International Monetary Fund (IMF). Addressing an election meeting at Bandipore in Kashmir valley yesterday he stated that neighbours would have been far liberal if the situation had been different. He quoted former Prime Minister of India Atal Bihari Vajpayee about not being able to change neighbours.
Singh also underlined Prime Minister Narendra Modi’s special financial package for Jammu and Kashmir besidesadding that it had been Rs 80000 crore in the budget of 2014-15 which was bigger than Pakistan’s recent request to IMF. Mr Modi accused Pakistan of running a “terrorism factory” and surviving on aid from the West. Singh affirmed the views that Kashmir would again come up to the reputation of ‘Paradise on Earth,’ Revathi added.
He also condemned Pakistan’s anger over scrapping of article 370 saying that Isalmabad is try to fuel terrorism in the area again. Singh threatened India is ready for a retaliation if attacked and if needed go into Pakistan.
In the past few weeks, the International Monetary Fund IMF approved a $7 billion bailout package to Pakistan to manage its deteriorating economic crisis. This is the fifth IMF program for Pakistan in this decade it has arranged and it only gets some fiscal conditionality in return for the amount.