Home » India

Tag - India

29 Apr

Form team of entrepreneurs to suggest reforms in banking: PM Modi

Prime Minister Narendra Modi inaugurated the Global Patidar Business Summit (GPBS), being organized by Sardardham, on Friday via video conferencing.

Speaking on the occasion, the Prime Minister said, “It is constant effort of the government that youth of the ordinary families can also become entrepreneurs and dream and take pride in entrepreneurship”

PM asked the business community to form a team of entrepreneurs and experts to suggest reforms in banking and other sectors and to point out the shortcomings.

“I urge you to form a team of entrepreneurs and experts to suggest shortcomings and reforms in banking and other sectors and how to change it,” said PM.

The Prime Minister said schemes like Mudra Yojna are giving strength to those people to get into business who never dreamed about doing so. Similarly, Start Up India is helping in realization of innovation, talent and dreams of Unicorn which appeared inaccessible earlier.

Modi said that every small and big business is contributing to the national progress and  this spirit of Sabka Prayas is becoming strength of the New India in the Amrit Kaal. He expressed happiness that the Summit this year is discussing this aspect in detail.

Modi called for a new outlook towards financial empires. He emphasized that it may be decided that industries can be based in small cities instead of big cities. He gave example of Jyotirgram Yojna which triggered industrial activities in villages. Now such work can be done for small town and cities, he said.

Sardardham is organizing GPBS under ‘Mission 2026’ to provide an impetus to socio-economic development of Patidar community. The Summit is organized every two years. The first two Summits were held in Gandhinagar in 2018 and 2020, and the current Summit is now being held in Surat. The main theme of GPBS 2022 is “Aatmanirbhar Community to Aatmanirbhar Gujarat and India”.

By Business & Economics, Trending News , 0 Comments Read more...
29 Apr

India with highest number of internet shutdowns for 4th time in a row

India for the fourth consecutive year has emerged as the country with the highest number of internet shutdowns, a report released by tech policy think tank Access Now has found. Reasons for internet shut down ranges from curbing protests to preventing online frauds.

The report by Access Now stated that in 2021, authorities deliberately shut down the internet at least 182 times across 34 countries.

And out of the 182 times, the report stated that India has blacked out the internet at least 106 times.

India topped the list by a longshot compared to others at the top of the list which include Myanmar (at least 15 times), Sudan and Iran (both at least five times each).

Out of the total 106 shutdowns, 85 were found in Jammu and Kashmir alone.

“India disrupted the internet at least 106 times — making it the world’s leading perpetrator of Internet Shutdowns for the fourth consecutive year. 85 were in the Jammu and Kashmir region, where authorities have imposed the world’s longest-running shutdowns,” said Access Now.

 

By Science & Technology, Trending News , , 0 Comments Read more...
29 Apr

India’s consumption of Semiconductors expected to cross 80 billion Dollars by 2026: PM Modi

Prime Minister Narendra Modi inaugurated Semicon India Conference 2022 and shared his remarks via video conferencing at the inaugural session today.

At the outset, Modi underlined the critical role of semiconductors in today’s world and said “it is our collective aim to establish India as one of the key partners in global semiconductor supply chains. We want to work in this direction based on the principle of Hi-tech, high quality and high reliability.”

Modi said that India is building a digital infrastructure to connect over 1.3 billion Indians. He said “we are using digital technology to transform lives in all sectors of governance from health and welfare to inclusion and empowerment.”

Prime Minister said, with steps like connecting six hundred thousand villages with broadband investment in developing capabilities in 5G, IoT and clean energy technologies, India is paving the way to lead the next technology revolution.

Modi said that India is headed for robust economic growth with the world’s fastest-growing Startup Ecosystem and the consumption of Semiconductors is expected to cross 80 billion Dollars by 2026 and 110 Billion Dollars by 2030.

The Prime Minister informed about measures like the abolition of more than 25,000 compliances, a push towards auto-renewal of licenses, transparency and speed in regulatory framework via digitization and one of the most favourable taxation structures in the world.

The Prime Minister said that there is heavy investment in skilling and training young Indians for the needs of the 21st century.

“We have an exceptional semiconductor design talent pool which makes up to 20% of the world’s semiconductor design engineers. Almost all of the top 25 semiconductor design companies have their design or R&D centres in our country”, he added.

Modi said that India has undertaken several measures towards transforming the Indian manufacturing sector.

Prime Minister Modi talked about ”Production Linked Incentives” schemes that offer incentives of over 26 Billion Dollars in 14 key sectors. Over the next 5 years, the electronics manufacturing sector is expected to see record growth, he informed.

Modi also told the audience about the recently announced Semi-con India Programme with a total outlay of over 10 billion dollars. This program aims to provide financial support to companies investing in semiconductors, display manufacturing and design ecosystems.

Noting the formation of the new world order, the Prime Minister asked to seize the opportunity that is emerging. “We have worked hard over the last few years to create an environment that encourages growth. India has an appetite for tech and risk-taking. We have put the odds in your favour as far as possible through a supportive policy environment. We have shown that India means business”, the Prime Minister concluded.

By Business & Economics, Trending News , , 0 Comments Read more...
29 Apr

There should be an atmosphere free of terrorism: MEA on talks with Pakistan

On Thursday, External Affairs Ministry Spokesperson, Arindam Baghchi said that dialogue between the India and Pakistan can only take place in an atmosphere free of terror. While answering questions at a weekly media briefing Arindam Baghchi sadi that India’s stand is very simple that there should be an atmosphere in which there is no terrorism.

“Our stand is very simple that there should be an atmosphere in which there is no terrorism, only in such an atmosphere things can be negotiated. There had been a courtesy letters exchange between the Prime Ministers between of the two governments. But our main point has been that there should be an atmosphere free of terrorism. This is a legitimate demand, then how can there be a dialogue if there is terror? You asked if there is any change, there is no change,” said Baghchi.

Arindam Bagchi also said that the terror attack in Karachi only underlined the need for all countries to take an undifferentiated position against terrorism.

“Regarding Karachi look, let me clarify this very clearly, our stance against all forms of terrorism- anywhere- has been consistent. We’ve been condemning it. This particular incident only underlines the need for all countries to take an undifferentiated position against terrorism. I think I will emphasize that element,” Baghchi told reporters.

By Politics, Trending News , , 0 Comments Read more...
29 Apr

Pakistan has no locus to talk about what’s happening in J&K: External Affairs Ministry

India on Thursday asserted that Pakistan has no locus standi to talk about J&K. While answering questions at a weekly media briefing External Affairs Ministry Spokesperson, Arindam Baghchi said that it is wrong for Pakistan to say anything regarding J&K even if it is a general comment.

“It is wrong for Pakistan to say that, if they are talking in that way by looking at Jammu and Kashmir, and if it is a general comment, then also it is wrong,” External Affairs Ministry Spokesperson, Arindam Baghchi said at a weekly media briefing.

“In any case, I think Pakistan has no locus to talk about and from this perspective on what’s happening in Jammu and Kashmir,” he added.

Pakistan PM Shehbaz Sharif on April 25, tweeted about PM Narendra Modi’s visit to J&K, saying India is trying to create false normalcy there.

“Indian PM’s staged visit to IIOJK & laying foundation stones of hydroelectric projects, in contravention of Indus Waters Treaty, is another desperate attempt to project false ‘normalcy’ in occupied territory. We stand with Kashmiris as they rejected the visit & observed Black Day,” tweeted PM Modi.

 

By Politics, Trending News , , 0 Comments Read more...
29 Apr

EAM Jaishankar hold talks with Bangladesh PM Sheikh Hasina in Dhaka

External Affairs Minister (EAM) Dr S Jaishankar on Thursday arrived in Dhaka to hold talks with his Bangladesh counterpart AK Abdul Momen. And later called on Bangladesh Prime Minister Sheikh Hasina.

“Thank Prime Minister Sheikh Hasina for her warm reception. Conveyed personal greetings of PM @narendramodi. Our bilateral relations are moving from strength to strength under the guidance of the two leaders,” tweeted EAM Jaishankar.

At a Joint Press Interaction in Dhaka Jaishankar said, “Our leaders have remained in touch and this afternoon, I had the privilege to call on the Prime Minister, Sheikh Hasina. We discussed a number of issues. We reviewed bilateral ties as well as regional and global issues. So, I am really very privileged to have met her and spent time with her.”

He further said, “It is also a matter of satisfaction for us that trade, disbursement of loans on bilateral projects, travel services and investment are at new heights and that they have recovered the momentum which was lost during the Covid.”

“Dr. Momen and @DrSJaishankar discussed the bilateral issues between Bangladesh and India. They expressed satisfaction about the ongoing 🇧🇩 🇮🇳 cooperation, vowed to further strengthen the bilateral ties, stressed on regional stability for socio-economic development as a whole,” the Bangladesh foreign ministry tweeted.

By Politics, Trending News , 0 Comments Read more...
28 Apr

IndiGo becomes first airline using indigenous navigation system GAGAN to land aircraft

IndiGo became the first airline in the country to land aircraft using the indigenous navigation system GAGAN (GPS Aided GEO Augmented Navigation), according to a statement issued on Thursday.

The successful trial is a great achievement and major milestone in field of Air Navigation Services (ANS) in the history of Indian Civil Aviation Sector. India is the first country in Asia Pacific Region to achieve such a landmark.

GAGAN is an Indian Satellite Based Augmentation System (SBAS) jointly developed by AAI and ISRO. It is the first such system developed for India and neighboring countries in the equatorial region.

Indigo Airlines using its ATR aircraft has flown an Instrument Approach Procedure (IAP) with LPV minima of 250ft, using GAGAN Service.

The tests at Kishangarh Airport were performed as part of initial GAGAN LPV flight trials along with DGCA team on- board. After the final approval by DGCA, the procedure will be available for usage of commercial flights.

According to the statement issued by Ministry of Civil Aviation, number of airports including airports under Regional Connectivity Scheme (RCS) are being surveyed for development of GAGAN based LPV Instrument Approach Procedures so that suitably equipped aircraft can derive maximum benefit in terms of improved safety during landing, reduction in fuel consumption, reduction in delays, diversions and cancellations etc.

“AAI in coordination with Indian National Centre for Ocean Information Services (INCOIS) has implemented GAGAN Message Service (GMS) through which alert messages to fishermen, formers, and disaster affected people will be sent on the occurrence of natural disasters, calamities, such as flood, earthquake etc,” read the statement.

Currently Indigo (35), SpiceJet (21), Air India (15), Go First (04), Air Asia (01) and other airlines have aircraft in their fleet capable to use these LPV procedures.

 

By Automobiles, Trending News , , 0 Comments Read more...
28 Apr

Japan-India have deepened ties in every sphere: Modi on 70 Years of Diplomatic Relations

Prime Minister Narendra Modi on Thursday expressed happiness over 70 years of establishment of diplomatic relations between India and Japan. Modi further said that our ties have deepened in every sphere, whether strategic, economic or people-to-people contacts.

“As we celebrate 70 years of establishment of diplomatic relations between India and Japan today, I am happy to see that our ties have deepened in every sphere, whether strategic, economic or people-to-people contacts,” tweeted PM Modi.

Modi further said that the recent visit of Japan’s Prime Minister Fumio Kishida to India has laid out a roadmap for Special Strategic and Global Partnership in a post-COVID world.

“The recent visit of my friend PM Kishida to India for the Annual Summit laid out a roadmap for deepening our Special Strategic and Global Partnership in a post-COVID world. I look forward to continue working with PM Kishida to realize that objective,” Modi tweeted.

By Trending News , , 0 Comments Read more...
28 Apr

India became partners with Russia as US couldn’t do it earlier: US Secretary of State Blinken

Russia became India’s partner of choice out of necessity when the United States was not in a position to be a partner said US secretary of state Antony Blinken while testifying before the Senate Committee on Appropriations, Subcommittee.

The remarks came when Senator William Hagerty sought Blinken’s views on the India-US relationship from US secy of state Antony Blinken.

“In the case of India, there is a relationship that goes back decades. And Russia, for India, was out of necessity a partner of choice when we were not in a position to be a partner,” he told Senators on Wednesday.

He stated that they are investing in the effort to grow the strategic convergence between the US and India.

“Now, we are an we are investing in that effort. I think there is a growing strategic convergence between the United States and India. And of course, China is a big part of that,” Blinken said.

Senator Hagerty asked Blinken, “What concrete steps United States and India could take to deepen our strategic alliance?”

“I think this partnership has the potential to be one of the most important and foundational partnerships that we have going forward over the next decades. This has actually been a success story of multiple administrations. Going back to the end of the Clinton administration, through the Bush administration…,” Blinken replied.

Talking about the Quad Blinken said, “We have energised the Quad that brings India together with Australia and Japan and us. This has been a very important vehicle for strengthening our collaboration across a whole variety of fronts with India.”

Blinken further stated, “This is a moment of strategic inflection, by which I mean this. A number of countries are now relooking at some of their relationships and some of their interests, particularly when it comes to their relationship with Russia.”

By Internation Relations, Trending News , 0 Comments Read more...
28 Apr

Cabinet Approves Opening Of Indian Mission In Lithuania

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday accorded approval to the opening of a new Indian Mission in Lithuania in 2022.

A statement from the Ministry of External Affairs said, “opening of Indian Mission in Lithuania will help expand India’s diplomatic footprint, deepen political relations and strategic cooperation, enable growth of bilateral trade, investment and economic engagements, facilitate stronger people-to-people contacts, allow for more sustained political outreach in multilateral fora and help garner support for India’s foreign policy objectives. Indian Mission in Lithuania will also better assist the Indian community and protect their interests.”

The statement further read, “The decision to open a new Indian Mission in Lithuania is a forward-looking step in pursuit of our national priority of growth and development or ‘Sabka Saath Sabka Vikas’.”

Enhancement of India’s diplomatic presence will, inter-alia, provide market access for Indian companies and bolster Indian exports of goods and services.

 

By Trending News , 0 Comments Read more...