Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors. He held one-on-one meetings with CEOs of Qualcomm, Adobe, First Solar, General Atomics and Blackstone.
PM Modi arrived at Washington DC earlier on Thursday and was greeted by groups of Indian Americans at the airport. Later at the hotel, he had an interaction with the members of the community.
PM Modi on Thursday met Vivek Lall, CEO of General Atomics—the makers of Predator drones—and discussed India’s strides in drone technology, including the path-breaking reforms and PLI scheme.
“Discussing a subject of the future, which has captured the imagination of the present. Mr Vivek Lall of @GeneralAtomics Global Corporation interacted with PM @narendramodi. They discussed India’s strides in drone technology, including the path-breaking reforms and PLI scheme,” the PMO said in a tweet.
Lall described the meeting as “outstanding”. “We spoke about technology and the confidence in the policy reforms that are coming in India and the great potential that India has from an investment perspective,” he said.
Lall said US companies see India as an attractive investment destination. “There are a lot of potential areas of collaboration that we’re in discussions with. I think US companies and many of my colleagues in US companies see India as a very promising destination,” Lall said.The Prime Minister met with Blackstone’s Chief Executive Officer (CEO) Stephen Schwarzman in Washington DC and discussed ongoing projects and further investment opportunities in India.
“India remains an attractive investment destination! PM @narendramodi met Mr. Stephen Schwarzman, CEO @blackstone. Discussed ongoing projects and further investment opportunities in India, including under the National Infrastructure Pipeline and National Monetisation Pipeline,” said Official Spokesperson, Ministry of External Affairs.
Blackstone started operations in India in 2006 and has so far invested around $15 billion across sectors such as private equity, real estate, education, fashion, packaging and housing finance. Blackstone Real Estate Fund is the largest owner of commercial real estate in India.
The company played a key role in launching India’s first real estate investment trust (REIT) along with its partner Embassy Group in 2019 and has since then launched two REITs in the country.
Talking about the company’s plans in India, Schwarzman said Blackstone is planning another $40 billion of assets over the next five years. “I had a very good meeting with the Prime Minister. I told him that Blackstone had already invested $60 billion in assets in India. And over the next five years, we’re planning another $40 billion of assets,” he said.
PM Modi also had a productive discussion with Adobe CEO Shantanu Narayan, sources said. According to sources, Shantanu Narayan appreciated the efforts of India in fighting Covid-19 and particularly in the rapid vaccination. The Adobe CEO expressed interest to contribute to India’s 75th anniversary of Independence. He also expressed a desire to bring video, animation to every child in India
The Prime Minister had a good meeting with Qualcomm CEO Cristiano Amon and noted that India has the scale for ambitious projects, sources said.
Amon expressed enthusiasm to work with India on ambitious digital transformation programmes including in 5G, PM WANI and others. He also expressed interest in partnering with India to work in the field of semiconductors. The sources said Qualcomm CEO spoke about the incredible opportunities in India and added that India is a big market but “we also see India as a big export market”.
He said that it’s the right time for India to not only manufacture for the Indian market but also plan to serve the needs of other countries. Sources said PM Modi assured Qualcomm that India will proactively work on the proposals made by them.
They said the Prime Minister stressed that India has the scale for ambitious projects. He said that India has prepared 5G standards and urged Qualcomm to actively participate as they did in the case of NAVIK.
Later in the day, PM Modi met his Australian counterpart, Scott Morrison.
The Daily Guardian is now on Telegram. Click here to join our channel (@thedailyguardian) and stay updated with the latest headlines.
For the latest news Download The Daily Guardian App.
ED ATTACHES ASSETS IN BANK FRAUD CASE
Enforcement Directorate (ED) on Thursday provisionally attached assets worth Rs 146.67 crore of Future Metals Pvt Ltd and Future Exim India Pvt Ltd in a bank fraud case. According to ED, the total attachment in the case has reached Rs.185.67 crore. “ED has provisional attached assets worth Rs.146.67 Crore of M/s. Future Metals Pvt. Ltd. and M/s. Future Exim India Pvt. Ltd. under the provisions of the PMLA, 2002 in a Bank Fraud Case. Total attachment in this case has reached to Rs.185.67 Crore.”
‘NOD TO COVAXIN FOR KIDS AGED 2-18 YRS UNDER EVALUATION’
NEW DELHI: The final approval for Bharat Biotech’s Covaxin for children aged 2-18 years is under experts’ opinion and evaluation, stated government sources on Thursday. Sources said after evaluation of the data, the final approval will be given by the Drug Controller General of India (DCGI). Bharat Biotech in an official statement had said they are waiting for further approvals from drug regulators. This is one of the first worldwide approval for Covid-19 vaccines for the age group of beneficiaries.
HAVE FULL FAITH IN PARTY HIGH COMMAND: SIDHU
Amid Punjab Congress President Navjot Singh Sidhu’s visibly rebellious attitude towards the recently appointed State Chief Minister Charanjit Singh Channi, the former on Thursday said that he has kept his concerns pertaining to the state before the party high command, adding that he will follow their directions, expressing faith in their decisions.
Sidhu’s remarks came while speaking to reporters after meeting Congress in charge for Punjab Harish Rawat and party general secretary KC Venugopal in Delhi today. “I expressed my concerns regarding Punjab and Punjab Congress to party high-command. I’ve full faith in Congress president Sonia Gandhi, Priyanka ji and Rahul ji. Whatever decision they’ll take, it’ll be for the betterment of Congress and Punjab. I’ll follow their directions,” said Sidhu.
The meeting lasted for more than one and a half hours. In the meeting, the issues of Punjab regarding over which there is a dispute between Sidhu and Channi were discussed as well as whether Navjot Singh Sidhu will remain the President of Punjab Congress or not.
Rawat told reporters after the meeting that Sidhu will continue to serve the party as the Punjab Congress chief and will set up an organisational structure in the state. He further said that a decision on the same shall be announced tomorrow.
Speaking to reporters after the meeting, Rawat said, “Navjot Sidhu has clearly stated that the decision of the Congress President will be acceptable to him. The instructions are clear that Navjot Sidhu should work as Punjab Congress President and set up the organisational structure. An announcement will be made tomorrow.”
Sidhu had tendered his resignation as Punjab Congress chief on September 28.
Centre directs states to reduce edible oil prices
The Central government on Thursday has directed the states to ensure that the prices of edible oils are brought down to commensurate levels in line with the import duty reductions.
The Department of Food and Public Distribution wrote to all major oil-producing states including Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, West Bengal, Tamil Nadu and Andhra Pradesh to ensure that the prices of Edible Oils are brought down to commensurate levels in line with the import duty reductions. The duty reduction will be effective from October 14, 2021 upto March 14, 2022. According to a press release by the Ministry of Consumer Affairs, Food & Public Distribution, the government slashed the basic duty on Crude Palm Oil, Crude Soyabean Oil and Crude Sunflower Oil from 2.5 per cent to Nil. The Centre in the letter directed the state governments to ensure the passing on of full benefits of duty reduction by the Centre to the consumer to provide “immediate relief” from the ongoing high prices of the edible oils, especially during the ensuing festival season.
“This would also help in bringing down the food inflation and provide relief to ordinary consumers by the reduction in the prices of edible oils by Rs.15-20 per kg (approx),” said the press release.
The Agri-cess on these Oils has been brought down from 20% to 7.5% for Crude Palm Oil and 5% for Crude Soyabean Oil and Crude Sunflower Oil. The basic duty on RBD Palmolein Oil, Refined Soyabean and Refined Sunflower Oil has been slashed to 17.5% from the current 32.5%, according to the release.
“The duty has been slashed considerably to Nil for Crude Palm Oil, Crude Soyabean Oil and Crude Sunflower and 17.5% for RBD Palmolein, Refined Soyabean Oil and Refined Sunflower Oil. This will benefit the consumers by Rs. 15 to 20 per Kg of Edible Oils,” said the release.
INDIA EXPORTS 10 CRORE COVID-19 JABS EACH TO BANGLADESH, NEPAL, MYANMAR, IRAN
The Divisional Forest Officer of Katarniaghat Akash Badhawan is changing the lives of human beings and animals residing in Katarniaghat, drawing parallels between Vidya Balan in the film ‘Sherni’ where she was also changing lives for the better.
The Daily Guardian spoke to Badhawan and got to know how they are working and changing the lives of everyone related to Forest.
The children only had used copies in their hands which meant that only oral studies were the hope for them and this initiative was started by Satyendra Kumar, Sub-Inspector of the Special Tiger Protection Force of the Katarniaghat Wildlife Sanctuary under the Dudhwa Tiger Reserve. He was teaching about 20 children during his free time at the Motipur Forest Range Office campus. The strength of kids was reduced to 4-7. Then he was promoted and asked newly joined Divisional Forest Officer Akash Badhawan to look after these little ‘Mowglis’. The destiny of Mowgli School changed and new dawn knocked on the door of these Mowglis.
“When my wife Tanya and I first interacted with these kids, they were very fascinated that someone had come to meet them. Well, over biscuits that we gave them, the ice was broken and I asked them what games would they like to play at our fairly big garden of the Motipur Range Office and Eco-Tourism Centre. They slowly started speaking up, to my wife mostly, and some kids wanted footballs, some wanted carrom boards, some girls wanted ludo sets and some kids even wanted Hindi storybooks. Within 2 days, I got these kids footballs, carrom boards, badminton sets, and some basic books to begin with,” says Divisional Forest Officer, Akash Badhwan.
Around 65,550 cases sorted out in Lok Adalats held in Haryana in 2020-21
A total of 65,550 cases have been sorted out by Lok Adalat held across the state of Haryana, which were started as an experiment and in wake of the fruitful feedback, the concept of conducting Lok Adalat came into existence.
Abiding by the data, what came to surface is that as many as 53407 Lok Adalat were held during 2020-21 in 22 districts of the state which led to sort out the above-mentioned cases and several financial disputes involving an amount of 72.21 crore brought to an end. It was revealed by one day consultation programme of Chief Judicial Magistrates-cum-Secretaries, District Legal Service Authorities (DLSA) presided over by Justice Rajan Gupta, Judge, Punjab & Haryana High Court and Executive Chairman, Haryana State Legal Services Authority (HALSA).
In continuation to the aforesaid, it is worth mentioning that a total of 16995 cases were withdrawn in the National Lok Adalat held on Thursday while a total of 6497 cases were sorted out. In this series, as on October 13, 2021, Legal Services Authorities in Haryana covered 3,992 villages which count more than 60% of total villages of Haryana in the last 12 days. As many as 2,896 Legal awareness-cum-legal aid camps were organized by DLSAs in rural and urban areas.
A total of 60,548 persons were provided immediate legal assistance through hybrid mode out of a total 1,64,927 participants. Service Delivery Camps were organized in association with various government departments including 06 Mega Service Camps and 104 Microservice Camps wherein 19,620 and 4,524 persons were benefitted across the State.
Door-to-door visits were conducted in villages for which Legal Services Authorities have constituted 371 teams which interacted with 22,058 villagers and made them aware about their rights. 114 Legal Aid Help Desks were set up in melas/fairs to educate people about the concept of legal services and 3,407 persons were provided legal aid though these Help Desks.
Legal awareness through mobile vans is being created in Haryana and 13,948 persons were made aware. In association with the Education Department, Haryana, 482 competitions were held in schools/colleges of Haryana wherein 25,131 students participated. Legal Services Authorities are also spreading awareness by way of holding exhibitions.
Opinion1 year ago
South Block’s mistakes will now be corrected by Army
Sports1 year ago
When a bodybuilder breaks Shoaib’s record
News1 year ago
PM Modi must take governance back from babus
Spiritually Speaking1 year ago
Spiritual beings having a human experience
News1 year ago
Chinese general ordered attack on Indian troops: US intel report
Sports1 year ago
West Indies avoid follow-on, England increase lead to 219
Legally Speaking1 year ago
Law relating to grant, rejection and cancellation of bail
Royally Speaking1 year ago
The young royal dedicated to the heritage of Jaipur