Report Wire

News at Another Perspective

I really feel PM Modi will bail out Pakistan from financial disaster: Ex-RAW chief Dulat

2 min read

Pakistan has been coping with a number of monetary challenges for the previous few months and is in dire want of funds and former RAW chief Amarjit Singh Dulat feels that Prime Minister Narendra Modi will bail out the neighbouring nation.

New Delhi,UPDATED: Feb 26, 2023 12:12 IST

Former Research and Analysis Wing (RAW) chief Amarjit Singh Dulat. (Photo: PTI File)

By India Today News Desk: Former Research and Analysis Wing (RAW) chief Amarjit Singh Dulat feels that Prime Minister Narendra Modi will bail out Pakistan, which has been experiencing a political and financial disaster for the previous few months.

In an interview to PTI, the previous RAW director stated, “Every time is the best time to talk to Pakistan. We need to keep our neighbours engaged.” He additional stated that it was crucial to maintain talks open with “a little more public engagement”.

“This year, my hunch is PM Modi will bail out Pakistan. No inside information, but it is my hunch,” stated Dulat, who in his days as RAW chief is believed to have run many deep penetration intelligence operations into the neighbouring nation.

Falling foreign exchange reserves, nationwide energy outages, political instability and a plummeting Pakistani rupee have already propelled Pakistan to hunt a bailout bundle from the IMF.

READ | Pakistan could cap ISI’s fund, shutter some overseas missions as financial disaster bites

Many analysts imagine that Pakistan’s methodology of coping with related disaster prior to now the place it has “leveraged its geo-political position and extracted rent from global partners” is just not working and therefore it might be extra open to speak peace and commerce with India.

Dulat, nevertheless, pointedly stated engagement with Pakistan has all the time been “influenced by domestic politics”.

The former spy chief instructed PTI that for China the diplomatic effort from India’s aspect, “Needs to be more open diplomacy (where the Chinese) feel satisfied that India means well by them.”

He identified that regardless of conferences between PM Modi and Chinese President Xi Jinping, India has additionally been participating with the US.

READ | Amid rising financial woes, Pakistan stops clearance of payments, salaries: Report

“You turn your back and welcome Trump, that doesn’t go down well with the Chinese,” he stated, although he added that sustaining good equations with all sides was a part of India’s custom of non-alignment.

Dulat additionally warned of a “formidable” Iran-Russia-China axis coming into being whereas stating that India’s newfound ally USA “is far away, our neighbours are nearer.”

Many different world analysts have additionally warned of the creating relationship between the three nations as they withstand a typical adversary – USA and the Western Europe.

However, the potential fall-out of that relationship upon South Asian affairs has as but not been clearly analysed.

READ | Explained: Key elements behind Pakistan’s worsening financial disaster

Published On:

Feb 26, 2023