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How Much Funds Should You Allocate in Mirae Asset Emerging Bluechip?

This large and mid-cap category fund offers enough stability that makes it a preferred choice for many investors.

For investors who want to divert their investments in large-caps as well as want the exposure of mid-caps for better returns can opt for Mirae Asset Emerging Bluechip fund in India. The fund has come out well and has performed extremely well. Earlier it stood in the mid-cap category but later was recategorised as a large and mid-cap fund after SEBI’s mutual fund re-categorization which was performed in 2018. Mutual funds under this category have to allocate at least 35 per cent of their assets each in large-cap and mid-cap stocks.

Mirae Asset Emerging Bluechip Fund has ₹21,084 Crores worth of assets under management (AUM) as on 2021 with an expense ratio of 0.71%, which is less than what most other Large & Midcap funds charge. The fund has also grown exponentially as its returns of last one year stand at 22.30%. The fund has been consistently delivering an average return of 24.08% annually having doubled the money every 2 yrs, which is outstanding.

So far, Mirae Asset Emerging Bluechip is the largest fund under Mirae Asset. The fund has stopped accepting lump sum investments since October 2016, hence investors can start with an SIP amount that shouldn’t exceed over ₹2,500 a month.

Mirae Asset Emerging Bluechip was launched in 2013 and since its inception has outperformed its peers, which were bucketed into the same large and mid-cap category in 2018. The scheme has been performing at its optimum levels and fetched investors attractive returns as well-being rates as a five-star fund under BusinessLine Portfolio Star Track MF Ratings.

Mirae Asset Emerging Bluechip has generated an average three-year return of 15.9 percent and five-year return of 16.0 per cent over the last seven-year period. During this period, the 3-year and 5-year return for the category was 9.4 per cent and 9.2 per cent, respectively. In the past five years the fund has performed extremely well during downsides as well as upsides which has improved its credibility in the market. The scheme allocates 35 to 65 percent of its assets to large and mid-cap stocks.

The fund has major investments in industries that include financial, tech, healthcare, automobile and energy.

Islamic terrorist Hafiz Saeed jailed for 31 years in 2 terror cases

Lahore: An anti-terrorism court sentenced Jamaat-ud-Dawa chief and founder of the terror group Lashkar-e-Taiba Hafiz Saeed to thirty two years in jail in two cases and also imposed a collective fine of rupees three lakh forty thousand in both the cases. Judge Ijaz Ahmed Batar’s in his verdict handed down the jail term to terrorist Hafiz Saeed for sixteen years six months and fifteen years six months on two separate charges.

Saeed has been under arrest since 2019 and so far he has been convicted in seven cases. Saeed’s arrest is, however, an eyewash for the international community. Hafiz Saeed continues to run his terror network within the jail premises. In fact, he lives a lavish life at the expense of Pakistani exchequer.

The latest sentencing comes as Pakistan tries to avoid blacklisting by the global terror financing watchdog the Financial Action Task Force (FATF), which judges a country’s ability to combat illicit financing, including to terrorist organisations. Pakistan has been on the watchdog’s “grey list” since 2018.

Saeed is still an important Pakistani figure and is living a secured life under the security of the Pak army. Anti-terrorism court judge Ijaz Butter ruled on the completion of the trial. The CTD (Counter-Terrorism Department) has registered cases against Hafiz Saeed and others accused. It must be noted that Hafiz Saeed has been convicted by an anti-terror court in the past. Hafiz Saeed and other leaders of his organization were charged in December 2019 for illegal terror funding. The case was registered against Hafiz Muhammad Saeed and others by the anti-terrorism department while he was arrested on July 17, 2019 from Gujranwala, Punjab.

Kashmiris are ‘expendable’ in Pakistan’s dirty game

The latest incident of a burka clad lady hurling a Molotov Cocktail at a CRPF post in Sopore area of J&K has once again brought to focus the repugnant side of what separatists and their supporters euphemistically refer to as ‘armed struggle’ in Kashmir. The comforting part is that no one was injured in this attack as the petrol bomb missed it’s target, and the J&K police deserves a standing ovation for having quickly and accurately identified the perpetrator from a CCTV footage as Haseena Akhtar, a 38-year-old lady and arrested her.

As per police reports, there are three FIRs under Unlawful Activities [Prevention] Act [UAPA] registered against Haseena and she was out on bail when she carried out the petrol bomb attack. While she was definitely involved in terrorism related activities in the past and she wasn’t directly involved in any violent act of terrorism earlier, the police statement rightly termed her “an OGW [over ground worker] of terror outfit LeT”. However, even after having hurled a petrol bomb at a CRPF security outpost with an obvious aim to cause bodily harm, it is unfortunate that J&K police continues to refer to her as an “OGW”.

Debate on this incident has been mostly confined to the issue of terrorists using women for carrying  attacks against security forces, with some opining that this incident indicates a paradigm shift as regards terrorist strategy in J&K. While this is undoubtedly an unusual occurrence, yet to draw any hasty inference from just one instance invariably results in missing the wood for the trees, especially since terrorists in J&K have been taking full advantage of impractical laws governing search of females, and have therefore been using women as accessories while carrying out acts of violence.

In the 90s, ladies [and even school going girls] were often used by terrorists as messengers, ferrying small weapons like pistols, hand grenades and ammunition. Due to non-availability of requisite number of lady police women, as well as fear amongst security force personnel of being falsely implicated in contrived sexual harassment cases, not only the use of females as carriers but even wearing of burkas by male terrorists to avoid apprehension is not uncommon.

In this instance, some contend that the LeT may have used Haseena to hurl a Moltov Cocktail at a CRPF post since its male cadres couldn’t come close enough to the target due to surveillance being maintained by those manning this bunker. However, CCTV footage of this attack belies this argument as one can clearly see people freely moving to and fro, without any restrictions. In fact, a young person can be seen calmly walking past the lady and even looking back out of curiosity as she struggles to take out the petrol bomb from her purse and ignite it. So, the question arises- why did LeT put a woman’s life in danger to do something that its male cadres could have easily done?

The answer is not hard to find. In Kashmir, it’s not local terrorists but Inter-Services Intelligence [ISI] of Pakistan Army which plans attacks, and it does so with military precision. Knowing that very high intensity of terrorist activities could attract global censure, ISI is ensuring that while violence levels in J&K are maintained at a level that causes pain to India, it doesn’t outrage global sensitivities or enrage the international community. So, while waging Pakistan Army’s proxy war in J&K, the ISI is ensuring that phases of well-planned violent activities are suitably interspersed with short spells of uneasy calm.

The ISI has realised that perpetrating acts of terrorism without owning responsibility is a convenient way to kill two birds with one stone- bleeding India without inviting international criticism. For example, despite causing civilian deaths and injuries, terrorists continue hurling grenades at security force personnel in crowded areas. Contrary to popular belief, their main aim is not inflicting casualties on security force personnel, but provoking them to fire back in self-defence and cause collateral damage. Any civilian casualties that occur due to such action can easily be passed off as the cold-blooded murder of innocent shoppers and pedestrians by security forces.

Coming back to the incident of the petrol bomb attack on a CRPF checkpost by a woman. As this is a crude and rudimentary type of attack, its potential to cause serious damage is very low, and that’s why there’s much more to it than what meets the eye. So, this attack wasn’t planned solely with the aim of inflicting casualties on security force personnel- it had a far more sinister objective. The real aim of this attack was to provoke CRPF personnel to retaliate and since the lady who hurled the petrol bomb was literally at a stone’s throw away from the bunker, the probability of her being killed was extremely high.

Imagine just what would have happened in the unfortunate eventuality of Haseena being shot dead during or after her botched-up petrol bomb attack. Even though she had brazenly committed an undeniable violent act of terrorism, the pro-Pakistan lobby would have portrayed her as an innocent victim of excesses by CRPF and thus succeeded in arousing public ire against the establishment and security forces. With a host of rights activists in India, who for reasons unknown, are ever-ready to jump in and without even caring to investigate the truth, join pro-Pakistani groups in maligning the government and security forces.

The suggestion that terrorists had lured a young lady into a dangerous situation wherein she could perish may sound outlandish. However, the fact of the matter is that for terrorists, their ISI masters as well as its proxies like All Parties Hurriyat Conference [APHC], Kashmiris are ‘expendable’– an inference supported by hard facts, like terrorists provoking security forces to retaliate in crowded places. A classic example concerns the Indian Parliament attack facilitator Afzal Guru who was awarded capital punishment.

While APHC sheds copious tears on his execution, readers would recall that a US cable released by WikiLeaks mentions- “Moderate Hurriyat Leader [Mirwaiz Umar Farook] told PolOff (political office) candidly that his faction of political separatists was remaining as quiet as possible about the issue because they do not feel strongly that India should pardon Afzal [Guru]”.

The Mirwaiz washed his hands off Afzal Guru, not on grounds of principles or ideology, but only because for the ISI and the pro-Pakistan cabal, a dead Afzal, was far more valuable as a propaganda tool than him being jailed for terrorist related activities. Similarly, other APHC leaders including stalwarts like late Syed Ali Shah Geelani and Yasin Malik too have not only been silent spectators as far as killing of innocent Kashmiris by ISI backed terrorists is concerned, but on several occasions even defended such killings.

As per reports, Haseena is an ardent follower of ‘Dukhtaran-e-Millat’ [DeM] founder and chief Asiya Andrabi and while she is well within her rights to follow whatever ideology she believes in. However, this doesn’t give her the right to indulge in violence and so she must face the consequences of her crime. It’s not known whether Haseena has any progeny, but if she has any, then going for them will be particularly rough because Haseena’s husband is also currently behind bars on charges of stone-pelting.

So, while cooling her heels in jail, the Sopore petrol bomb attacker may take solace from the fact that Andrabi too is currently in jail on terror financing charges, the thought that unlike Andrabi’s son who’s living up life in Malaysia, her own kids would have to fend for themselves, will surely come to haunt her!

Can’t hold elections in 3 months: Pak’s Election Commission

The Election Commission of Pakistan (ECP) has expressed its inability to hold general elections over the next three months citing various legal hurdles and procedural challenges. A senior official of Pakistan’s Election Commission said that preparations for the general elections would take around six months.

The Election Commission official said that the latest demarcation of constituencies, especially in Khyber-Pakhtunkhwa, where the number of seats was increased under the 26th Amendment, and assigning the electoral rolls district-wise is a big challenge. He added that demarcation of constituencies is a time-consuming task whereas the law provides one month to make objections while they require another month to resolve them.

The election official explained that would take at least three months to complete the work, after which updating the voters’ lists would be another big task. He said procurement of election material, management of ballot papers and appointment and training of polling staff are also among the challenges. “Under the law ballot papers with water mark are to be used which are not available in the country and they will have to be imported. The ECP had proposed to amend the law to provide ballot papers with ‘security features’ instead of ‘watermark’. Inviting bids and checking financial and technical references will also require some time,” the official added. 

The Election Commission Pakistan official also said that there would be a massive requirement of election material for about 100,000 polling stations. “There would a requirement of 2 million stamp pads, a large quantity of scissors and other writing material including ball point pens also need to be ordered.”

Citing some legal hurdles, the official said that under Section 14 of the Elections Act, the ECP was to announce an election plan four months before conducting the general elections. He said that the law to use EVMs (electronic voting machines) and granting voting rights to Pakistanis overseas also came into the fray and had to be repealed. The commission has already announced the schedule for municipal elections in Balochistan.

Polling day has been fixed on May 29 and local elections are also underway in Punjab, Sindh and Islamabad. “If general elections have to be held, we have to stop the plan for municipal elections,” he said. Expressing deep concern over the recent political developments and the resulting constitutional crisis, the Free and Fair Election Network (FAFEN) has identified a number of constitutional, legal and operational challenges in holding early elections. The constitutionality of the steps to dissolve the National Assembly will be decided by the Supreme Court, a statement said.

FAFEN hopes for an immediate decision from the Supreme Court, which correctly raised the issue automatically because any delay would continue to cause supplementary problems due to constitutional deadlock. “As a result, there has already been public confusion and political divisions that could potentially turn into violent expression,” FAFEN added in the statement. The organization said that political parties have a great responsibility to organize their workers and ensure that political differences do not turn into violence, especially before the premature elections. According to FAFEN, early elections cannot be a smooth process given many constitutional and legal complexities. Their statement further said that the main factor of the legality of any election will be the completion of the Election Commission. FAFEN pointed out that Election Commission Pakistan (ECP) members from Punjab and Khyber-Pakhtunkhwa are yet to be appointed.

India’s geo-political stocks rise amidst Ukraine war

It’s all about geo-politics and money, honey. Human lives don’t count.

Strategic and Operational Review of the War.
The Ukrainian war is into its second month with no end in sight; western press is talking of a stalled Russian offensive, leading to a desperate Putin getting more brutal with more indiscriminate bombings and rocket attacks in civilian areas. The Russians deny any deliberate targeting and accuse Ukrainian forces of using civilians and civil structures to target Russian troops. The truth lies in between. I assess that Russia is not done yet, her major strategic military objective of surrounding and isolating Kiev, cutting off Ukrainian and other probable forces access to the Black Sea and sea of Azov, and capturing major portions of Donetsk and Luhansk enclaves with the aim of absorbing it along with formalising the absorption of Crimea is still within reach.

However, there has been some signaling from the Russian side that they are now reshaping and moderating their war aims and terminal objectives which does not include Kiev; met with customary scepticism by the West. The Russians are masters of deception and psychological warfare and difficult to predict. Time will tell how this is going to pan out.

There is a general consensus, that actions of the USA and NATO in the last two decades precipitated the crisis, leading to the war which undoubtedly is President Putin’s creation. However, while easy to condemn Putin, it is debatable, that with a distinct probability of NATO suddenly including Ukraine into its fold (in the backdrop of continuous expansion despite repeated Russian request: interestingly membership of Ukraine was not once denied by NATO or Ukraine, except after the invasion), if any other Russian leader would have taken a similar drastic step. Let us not forget that NATO membership provides Ukraine collective security guarantees under Chapter 5 which follows ‘all for one and one for all’ guiding principles, allowing the deployment of forces and weapon systems (including nuclear assets, missiles and rockets) within member nations. Putin using extensive EU, NATO support to Ukraine significantly impacting Russian security has placed his nuclear deterrent forces on high alert. The equally powerful and potent domain of ‘information warfare’ leading to weaponization of social media is undoubtedly being waged by all sides, but being comfortably won by Ukraine supported by the West.

Complex Geo-political Cauldron: Russia, ‘the energy superpower and a nuclear power’ is unlikely to stop the war till it’s redline demands are met (guaranteed formal agreement of Ukraine not joining NATO, Crimea becomes part of Russia, with an aim plus of Luhansk and Donetsk region merging with Russia and no locating of NATO forces and weapon systems East of an agreed designated line). Ukraine an independent proud nation with deep linkages with Russia has found its national calling under Zelensky, and will not surrender thanks to the brave and selfless armed forces and citizens, helped diplomatically, economically, militarily and geo-politically by USA and NATO (except for physical deployment of forces; however presence of using US and NATO special forces are circulating with dangerous implications of widening the conflict, as also employing mercenaries by both sides making a volatile situation even worse as they have neither loyalty nor scruples).

NATO finds its raison d’etre in evil hegemonistic, revisionist Putin, rearms, gets stronger and more united, plans to live life sans Russian energy. USA gets the cake and eats it too: it stabilises Europe with resurgent EU and NATO confronting a weakened Russia, searches for alternate sources of energy with erstwhile adversaries and backburner friends like Venezuela, KSA (Kingdom of Saudi Arabia) and even Iran by softening its nuclear stance; which allows it to focus on its officially stated peer competitor and adversary China and the Indo-Pacific region; the pivot of the future. Unfortunately, the bottom line is that the Ukrainian people are suffering immensely, and the situation has created the largest refugee crisis in Europe, and the geo-political and economic impact will adversely affect the world and its alignments profoundly.

China and India caught in the centrifugal forces of events.
Caught up in the centrifugal force of events are two nations; China an emerging superpower and India increasingly playing the balancing role in Asia and now the world. The Ukraine war has added both similar and contrary layers to the geo-political environment enveloping both countries. Simplistic assessments in black and white, of them caught between a rock and hard place between two competing orders does not truly illuminate the nuances of a multi-polar world in throes of change. So far both China and India have walked a fine line by not calling out Russia for its aggression, but concurrently supports the sovereignty of nation states and diplomacy and peace instead of war (interestingly both have not recognized the 2014 annexation of Crimea).

Many feel that Xi was taken by surprise at Putin’s war, and India too would have hoped for better sense to prevail amongst all direct actors to pull back from the brinkmanship displayed. Ideally both China and India would like to continue maintaining strong ties with Moscow, safeguard relationship with Ukraine (specially trade), strengthen economic ties with EU, ensure nil or minimum impact of sanctions, and concurrently strengthen/maintain ties with USA and neighbourhood. Obviously, though similar and common aspirations, the nuances are markedly different; for example, while China would be keen to ensure no further deterioration of ties with USA, NATO and EU (specially trade), India would like to continue enjoying a strong strategic partnership with both Russia and USA keeping its unique requirement vis-a vis China and Indo-Pacific region. It does make one wonder, if both nations had set aside their differences, found common ground to address the Ukraine crisis together: would it have made a difference or even avoided the War?

Obviously, realising all aspirations will be impossible, and the stance taken by both nations will be increasingly difficult to maintain and will come at a cost. Given the current strategic climate post COVID, and events leading to the war specially a belligerent, assertive China, she may well bear the heavier cost. India thanks to its rising stature and growing geo-political clout and current adversarial relations with China has so far been able to weather the storm. As the war prolongs, with corresponding economic (certainly the most vital in this hardened ‘real politik’ world), human, material, infrastructural costs, coupled with the massive refugee influx in Europe, it is going to get harder to maintain strategic autonomy or stay neutral. Already both sides (West and Russia) are getting more strident in asking both China and India to back them more overtly and unequivocally.

China at Crossroads: Larger the power the more you gain or lose.
We need to be clear that the Chinese ship bears the flag of Xi and CCP and not of China. China has openly blamed the actions of NATO’s eastward expansion with full support and encouragement by the ‘West’ (NATO, EU, Japan, South Korea, Australia and nations aligned to them) for causing the war. The Ukraine war is exposing the vulnerabilities and limitations of Chinese President Xi Jinping’s foreign policy. Beijing’s global aspirations are now clashing with its desire to remain selectively ambiguous and aloof. Although Chinese leaders may not recognize it, their country’s closer alignment with Russia may rebound at least in the short and medium term. Relations with Europe has already taken a hit, Washington has warned of severe repercussions, Japan, South Korea and Australia apprehending the Russia-China alliance have already indicated closer ties with West and getting militarily stronger, and traditionally nonaligned countries and Africa could revolve away.

F.M. Wang’s visit to India on 24 March 2022 indicates that China is deeply concerned about the longevity of the Ukraine war and its international ramifications to itself. China is realising that her ‘no limits’ relations with Russia has limits after all. India seeing the closer and strengthening (and isolated ties) between China and Russia may well start aligning openly and strategically with USA and the West; with far reaching consequences to Chinese Indo-Pacific interests. Chinese continued support to Russia could consolidate a return to ‘cold war geo-politics’ with USA and rejuvenated, more potent West (and many others who currently prefer non-alignment or strategic autonomy/neutrality like India) on one side, and China and Russia (the weaker pole) on the other. China which always supports a multi polar would be destroying its own dream of becoming a global power. A weakened isolated Russia might someday return the favour by supporting Chinese territorial aspirations or cooperating on revising the structures of global governance (this eventuality needs a separate article as it now increasingly within the realms of probability). It may not be out of place to say the current China’s position appears confused; supporting Russia overtly but urging respect for a nations’ sovereignty.

What could be Xi’ Jinping’s rationale?  
Xi Jinping does not run China’s political system alone, but as with Putin, the consolidation of personalized authority over an extended period of time has rewired the decision-making processes in his favour and his advisers. As a result, on issues ranging from Taiwan, India to Ukraine, the entire political system in China is dictated by Xi. The foreign policy directive till 2027 enunciated in the 20th Party Congress, will be driven entirely by Xi’s subjective view of international events and the increasingly isolated decision-making ecosystem that surrounds him. Xi may perceive that by stopping short of providing any direct military aid to Russia, it will at most suffer secondary sanctions for its political and economic support. While the West is focussed on Ukraine and Europe, China could play her hand in the Indo-Pacific and Asia, specially Taiwan, boundary dispute with India along LAC and China seas. It is possible that Xi seeing the bleak security environment post COVID against China, with little possibility of change around and increasing cooperation within the ‘West’, views close partnership with Russia a credible response to build on (also implying its confidence in her own global heft), thereby providing an alternate credible order, with Russia obviously playing the junior partners role (which could be a problem in times to come). 

India: World leaders are descending in New Delhi, and those who are not, are calling up; Japanese and Australian PMs with $42 billion and $282 million investment, Israel P.M. expected shortly, visit of Chinese FM Wang, UAE signed $100 billion trade pact, and QUAD confirming India’s strategic importance; and incredibly Imran Khan of Pakistan praised India’s independent foreign policy. They appear to conveying a clear message and one request; understanding of India’s nuanced stance due to her own geo-political compulsions, and requesting India’s considerable clout to stop Putin from continuing the war. When it comes to the Indo-Pacific region and Asia, leaders are at pains to tell India that their relationship will NOT be impacted by India’s stance regarding Ukraine. The icing on the cake was the visit of China’s F.M. Wang Yi, who was treated very firmly and courteously with the unequivocal message that business as usual is only possible if the LAC impasse is resolved. I have had confidence in India’s growing international stature in all realms be it economic, diplomatic, military or geo-strategic; which now stands amply vindicated, given decades of mature, consistent foreign policy stands and actions.

False Narrative of India on shaky ground: The widely written and heard narrative that India’s current stance on Ukraine, will considerably weaken/dampen the global reaction in case China attempts to use force along the LAC, is in my opinion flawed. Finally, it’s all about national interests and economy; a revisionist, belligerent, offensive China will be met with even more resistance by the West, given Chinese potential and comprehensive national power (CNP) intertwined with the global economy, especially when the West and the Rest perceive that in partnership with Russia she is trying to change the world order. The reaction could be muted if at all, not because of India’s stance in the current Ukraine war which all have accepted, but due to economic compulsions. Led by the USA and her allies, most nations will support India in all domains less the kinetic/military domain. They will do so gladly, as it means tying up China within South Asia/Asia, divert her focus from her China dream (superpower by 2050), reduce her potency in the China seas and against Taiwan and most importantly slow down her growth aggravating the adverse domestic dissensions. They will assist, also because India is not a small power, but a potent, experienced, professional military power with economic resources, with the potential of grinding down China and keeping it engaged.

A word on our relationship with Russia; this too has undergone subtle changes in the last decade with both nations seeking more alignments and alternatives to meet their strategic compulsions (however, we cannot ignore the military hardware dependence of nearly 70%). For obvious reasons of growing stature, flexibility in military domain, niche technologies, and belligerent China (and Russia getting cozier to China and even Pakistan), India has strengthened her relations with the West, dampening the deep relations with Russia. Currently, we need to maintain our strategic autonomy as we need both the poles.

Current Status and Conclusion
Meanwhile, the Ukraine war continues in a multi-domain mode, the visible kinetic hybrid war between Ukraine and Russia; non-kinetic, non-contact operations in other domains of economic, diplomatic, political, information and cyber between Russia and the US led West; over three million refugees and counting; not to mention human casualties of soldiers and civilians.

Realisation has come that a China-led global order can be quite detrimental, and urgent steps are needed to stall China’s rise. Naturally, some nations mostly governed by authoritarian regimes/dictators do find common cause with Xi and CCP style of governance. Security alliances such as NATO, QUAD, and AUKUS have got rejuvenated with a renewed sense of purpose. Though Xi Jinping has made attempts to play the mediator role requested by Ukraine, it is clear that the costs of defending Russian President Vladimir Putin are rising, specially with Russia getting bogged down, and increasing collateral damage and refugees. After meeting the German Chancellor Olaf Scholz, Xi described the situation as ‘worrisome’, and has announced that it is providing war-torn Ukraine with about $790,000 in humanitarian aid.

Let us be clear that China is not worried about its global status on being closely associated with Russia, but is worried about the economic consequences, given her slow growth rate and rising internal challenges. Supply chains of Russia and China (which are more global) will be impacted as all nations will try to lessen their dependence and vulnerabilities, which is already happening globally. In this dynamic and volatile climate, India must now focus on ‘Aatma-nirbharata’ (self reliance) for all sensitive and critical domains and technologies, as also strengthen her CNP especially her military and economic power. Finally, India is uniquely positioned not just to strengthen her geo-political status, but also to prevent a deeply destabilizing and extremely violent conflict from escalating.

Who will be the next Pak Army chief?

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Imran Khan is a mere pawn. The real fight is about who would be the next Pak Army chief?

Imran Khan deceives Pakistan, saves his skin

Pakistan President Arif Alvi acting on the advice of Imran Khan dissolved the National Assembly in order to save “selected PM” Imran Khan from certain defeat in the No-Confidence Motion.

The session of the National Assembly was convened under the leadership of Deputy Speaker Qasim Suri. In the beginning of the meeting, Law Minister Fawad Chaudhry termed the resolution as an attempt by a foreign country to change the government in Pakistan. In his address to the National Assembly, Fawad Chaudhry said that the no-confidence motion is presented under Article 95 of the Constitution, but Constitution’s Article 5 mentions that loyalty to the country is the responsibility of every citizen.

Article 5 (1) states that loyalty to the state is the primary duty of every citizen, Art (2) states obedience to the Constitution and the law is an obligation to every citizen, wherever he may be, and everyone who is currently in Pakistan.

“On March 7, one of our ambassadors is [ was ] summoned to an official meeting and he attended the meeting,” said Fawad Chaudhry. The meeting also had ambassadors from other countries, our ambassador was informed that the motion would not move.

He said that no confidence was presented on 8 March and that “our Ambassador told that the relationship of this country with Pakistan depends on the success of this movement. Immediately after Fawad Chaudhry’s objection, the Deputy Speaker addressed the Members of the National Assembly and said that the opposition had moved the No Confidence Motion against the Prime Minister of Pakistan on March 8, 2022.

The no-confidence motion must be in accordance with the law and rules. He said that no foreign power has the right to call down Pakistan’s elected government under conspiracy. “The points raised by the Law Minister are correct, therefore I rule that the no-confidence motion is against the constitution, national sovereignty and independence and I rule that it is against the rules and regulations.” He further said that “in exercise of the powers delegated under Article 3 of Article 54 of the Constitution of the Islamic Republic of Pakistan, I dismiss the meeting convened on Friday, 25 March 2022”. At the same time, Qasim Suri adjourned the lower house for an indefinite period. Earlier, Maryam Aurangzeb had presented figures in a tweet of 174 MLAs who were supporting the opposition in the no-confidence motion.

Pak’s ‘selected’ PM Imran Khan on his way out

Pakistan’s National Assembly will vote for no confidence motion against Prime Minister Imran Khan on 3 April 2022. It will require 172 united opposition votes to form the government. The opposition votes include more than 20 members of Imran Khan’s party, including government allies MQM, BAP, Q-League and other independent members who will vote against Imran Khan.

Sources said that Imran Khan has sent provocative messages to his party workers to prevent his party’s assembly members from reaching the National Assembly under any circumstance. To which the Pakistan Army Chief General Qamar Javed sent a message to Imran Khan that inciting people would be a threat to the security situation in the country. The Attorney General has issued a statement that the motion for no confidence in the National Assembly will be peacefully conducted during the voting and there will be no disturbance.

Imran Khan in an interview to Ary TV channel said that the establishment gave him three offers from the opposition, which were: Face distrust motion, resign or hold elections. “Early elections are the best way and I will fight the no-confidence motion till the last minute,” Imran Khan said, referring to the options before him. He said he would never resign. Ironically, Imran Khan’s government in Punjab has also come to an end. Punjab Governor Chaudhry Muhammad Sarwar accepted the resignation of Chief Minister Usman Bazdar. The Punjab cabinet has also been dissolved after the resignation of the Punjab Chief Minister was accepted. The Governor of Punjab has convened a meeting on 2nd April to elect the new Leader of the House.

It may be recalled that a few days ago, Prime Minister Imran Khan had named the Speaker Punjab Assembly Pervez Elahi as chief minister in place of Chief Minister Usman Bazdar. In return, the Muslim League-Q announced its support to the government in the no-confidence motion. On the other hand, reliable sources say that President Pakistan Arif Alvi has sought opinion from legal experts on his resignation. It is believed that Arif Alvi will resign on 3rd April after Imran Khan’s removal in the no-confidence motion voting.

It should be noted that after the removal of Imran Khan, the joint front of opposition parties has planned to remove the President, then the Chairman of the Senate, and then the Speaker and Deputy Speaker of the National Assembly from their posts and bring their own people.

Imran Khan asks youth to come on streets against No-Confidence Motion

Pakistan’s selected Prime Minister Imran Khan during a live address and question and answer session on TV channels appealed to his party workers and youth to protest against the no-confidence conspiracy for their future. If the conspiracy succeeds, any outside force will knock down the disliked Pakistani government with money, protest as it is your right, go out to save your future, this protest will be peaceful, said Imran Khan.

Imran Khan, in response to a question from a citizen, said Pakistan needs a strong army. “We should not do anything that harms the army,” he said. He rejected the impression that there were problems between him and the Pakistan Army. He said that he respects the decision of the army to remain neutral, we are with them for what maintains their reputation. Imran Khan once again described the no-confidence motion against him as a joint conspiracy by the US and the opposition.

Replying to a question by a citizen, he said that it would be a great crime to remain silent on it. Khan had said that he would win the no-confidence vote on Sunday and he had more than one plan. Imran Khan when asked that the opposition had been saying since the beginning that he is not running the economy well, that is why they had brought the no confidence motion. Imran Khan said that experts should sit down and see what we did in three and a half years and what these parties had done during their tenure.

Imran Khan pointed to the figures of how much inflation has been during the People’s Party period between 2008 and 2013 and then during his tenure. He said that at present, inflation is high globally, oil prices are skyrocketing, making electricity and other goods more expensive. The Prime Minister said that exports have increased historically since PTI government took charge while huge taxes have been collected because people are confident that Imran Khan will tax the people. He said that during the Muslim League (N) era, inflation was less than the PTI era, but it should also be seen that oil prices were less than three times that what they are today.

Imran Khan was asked a question whether he would file treason cases against politicians allegedly involved in a global conspiracy to topple his government? On this he said that he has been consulting his lawyers all day today and he will file treason cases. Imran Khan asked the questioner to protest peacefully while he himself will fight till the last minute. Prime Minister Imran Khan began his address with a mention of the alleged foreign conspiracy against him. He said that the National Security Committee has also seen this document which says that “as soon as Imran Khan is shaken, we will forgive you (Pakistan) and the relationship will be fine”. Imran Khan urged the people to protest peacefully and foil the conspiracy.

Imran Khan’s ‘Hit Wicket’ on ‘Foreign-Funded’ Pitch

Pakistani Prime Minister Imran Khan’s recent claim of having irrefutable written proof that “Attempts are being made through foreign money to change the government in Pakistan,” is indeed worrisome. However, his admission that “We have been aware of this conspiracy for months,” is even more disquieting as being an issue of grave national importance with potentially perilous consequences, this issue merited immediate action. So, if what Khan is saying happens to be true, then he needs to explain why he and his government did nothing for “months” to address this serious threat to Pakistan.

According to Pakistan daily ‘The Express Tribune,’ Foreign Minister Shah Mehmood Qureshi has stated that the “threatening letter” [referred to by Khan in his speech] was also shared with the military leadership. If this again is true, then army chief General Qamar Javed Bajwa also has a lot to explain. After all, hasn’t he been saying all along that Pakistan is a victim of ‘hybrid warfare’ and hasn’t he also has assured his countrymen that his army will thwart any such design the moment it is detected. Hence, the otherwise hyperactive Rawalpindi’s inaction in dealing with what Khan claims to be a “foreign-funded plot” is rather intriguing.

Rawalpindi has declared its neutrality on the political imbroglio that has led to the opposition moving a no-confidence motion against Khan. So, if the no-confidence motion exercise is genuinely a “foreign-funded plot” to remove the government, and the military is privy to this grand conspiracy designed to harm Pakistan [as claimed by Foreign Minister Qureshi], then its refusal to intervene is tantamount to abetment and hence unpardonable. Additionally, it’s no secret that Khan owes his prime ministership to Pakistan Army, and hence, it’s extremely unlikely that Rawalpindi would allow him to be removed thus- unless he has fallen out of favour with Gen Bajwa, which is a distinct possibility, considering his snide remarks against the army chief.

Yet, all said and done, there’s something about this “foreign funded plot” that doesn’t gel. The cricketer turned prime minister claims that his refusal to allow Pakistan’s foreign policy to be influenced from abroad by foreign powers is the reason behind the sinister plot to unseat his government through a no-confidence motion. Khan may have assured his countrymen that come what may, he would ensure that Pakistan continues to follow an independent foreign policy. However, despite this brave assertion, the question that arises is- does Pakistan currently have an independent foreign policy?

One may ask, why this doubt? The answer is that it is because just three months ago, while speaking about Islamabad’s plans concerning Afghanistan, Pakistan’s NSA Moeed Yusuf had made an honest admission to the contrary. ‘Geo News’ had quoted Yusuf explaining Pakistan’s situation by mentioning how monetary loans from international financial institutions compromised “economic sovereignty … [and] …because of this, it affects a country’s foreign policy, and when foreign policy is affected, you cannot run the affairs, as they would be in an ideal situation.” So, what independent foreign policy is Khan talking about?

Even the media in Pakistan isn’t quite convinced by the prime minister’s “foreign funded plot” claim and his contention that “Attempts are being made through foreign money to change the government in Pakistan. Our people are being used. Mostly inadvertently, but some people are using money against us. We know from what places attempts are being to pressure us. We have been threatened in writing but we will not compromise on national interest.” Resultantly, despite his contention that “The letter I have is proof and I want to dare anyone who is doubting this letter…,” the media isn’t convinced.

To put things in correct perspective, “The Express Tribune’ has sought Federal Information Minister Fawad Chaudhry’s response to the following three questions:

1. When did the government receive the threat, when the threat was shared with the military leadership and what was their response?
2. Why PM did not convene the meeting of the National Security Committee on the issue?
3. What action [the] government has taken after the threatening letter, has any demarche been issued to the ambassador of the country which wrote that letter, or where did the threat emanate from?

Expectedly, no reply has been received, and, in all probability, Fawad will quote the sensitive nature of the issue to avoid answering these very basic, but extremely pertinent questions.

Khan may be attempting to project himself as a patriot who is prepared to be martyred for standing up to preserve the sovereignty of his motherland. However, in doing so he is portraying his political opponents as quislings working for some foreign power, who for the sake of money and power are betraying the country, which isn’t civil or in good taste. The prime minister has also presented the army as a mute spectator to the undoing of Pakistan, something which Rawalpindi will certainly take serious umbrage to.  

Replying to the prime minister’s “foreign-funded plot” in presence of PML-N Shahbaz Sharif and PPP co-chairman Asif Ali Zardari, PDM chief Maulana Fazlur Rehman, has adroitly put the ball in the PTI chief’s court by saying, “Khan Sahab, I will support you, if foreign intervention to topple the incumbent government was proved.” With the opposition jointly daring Khan to prove his allegations, what remains to be seen is whether the former cricket captain who brought the World Cup to Pakistan can take a ‘hattrick’ or will end up getting out by ‘hit wicket’?