Teesta is the lifeline of North Bengal, says Mamata

Teesta is the lifeline of North Bengal, says Mamata

More than 20 pacts are set to be inked after the delegation-level talks.Two agreements are expected to be signed in the area of defence.

"We are happy to announce new concessional line of credit of $4.5 billion for implementation of projects in priority sectors in Bangladesh", PM Modi said.

Prime Minister Narendra Modi on Saturday expressed the firm belief that there will be an early solution to the issue of sharing waters of the Teesta river with Bangladesh while announcing $5-billion lines of credit to the eastern neighbour.

Indian Prime Minister Narendra Modi and his Bangladeshi counterpart, Sheikh Hasina, held wide-ranging talks in New Delhi, exchanging views on defense, regional security and cooperation in combating worldwide terrorism.

The chief minister of Indian state of West Bengal, Mamamta Banerjee, has said no to sharing Teesta river waters with Bangladesh, claiming that there is "no water in the cross-border river".

The plan includes measures that ensure that cultivation in North Bengal is not being affected due to Teesta water sharing, while benefitting Bangladesh too. With these new commitments, India's resource allocation for Bangladesh has gone to more than eight billion dollars over the past six years. Modi said that, just like India, he wants neighboring countries also to focus on development, which would help the development of the entire region. The Indian prime minister showered praise on his Bangladeshi counterpart for her government's "zero tolerance towards terrorism". However, the Delhi Police officials moved swiftly after the Prime Minister's cavalcade started from his official residence. "There is a mentality in South Asia opposed to the approach of India and Bangladesh to promote development".

He promised India would give an additional credit of $500 million to Bangladesh for military supplies and it would be driven by Dhaka's needs.

On Friday, in a special gesture, Modi personally received Sheikh Hasina at the airport when she arrived here on a four-day visit to India. “Increasing employment opportunities in the neighbouring countries to boosting economic climate remain part of our effort, ” he said.

In a joint statement, the two countries said, "The two Prime Ministers condemned the genocide that occurred in Bangladesh in 1971".

He said India will continue to be a willing partner in meeting the energy needs of Bangladesh, and its goal of achieving "Power for all by 2021".

Modi reciprocated the honour and said the decision to honour Indian soldiers has "deeply touched the people of India". The Teesta passes through West Bengal and enters Bangladesh before it merges into the Brahmaputra.

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