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‘Radical liberalization of FDI will make defence sector vulnerable’

From our Correspondent

TINSUKIA, June 23: “Radical liberalization of foreign direct investment (FDI) will be catastrophic in Indian context and will make the defense sector most vulnerable,” said noted political alyst Prof Abu sar Saied Ahmed, a former faculty of IIT Guwahati, while delivering the key note address in a UGC sponsored tiol semir at Tinsukia College on Thursday.

He added further that the issue, which was opposed during the past couple of years, must be open for debate before being made effective. The two-day semir entitled   ‘Realities of Globalization: Exploring issues related to politics, economy culture in India with special reference to North-East region’ was organized jointly by the Departments of Political Science and Economics in collaboration with KKHSOU, Tinsukia study centre.

Prof Ahmed, while addressing a large gathering of students and researchers, opined that the recent joint statement on nuclear deal by Modi-Obama in Washington, letting a loss-making firm of USA which was rejected by USA itself, to build six nuclear reactors in India was a matter of safety concern. On globalization, he said, it affected most on the traditiol culture, food habits and wisdom of north-eastern people, the hub of various ethnic communities.

The two-day programme will witness presentation of 104 research papers in four technical sessions. Earlier on the day, the programme began with iugural speech by Surjya Chetia, while Baikuntha Das welcomed the guests, research scholars and teachers. Dr Bhuban Gogoi, Principal of the college, initiating the semir, highlighted some conflicting issues emerging out of globalization.

The valedictory programme will be held on Saturday and it will be attended by Dr Alpa Borgohain and Dr Debkumar Chakraborty, Heads of Political Science and Economics departments respectively of Dibrugarh University.   

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Ankur Kalita