'Change is Clearly Visible': PM Modi Sees India as $10 Trillion Economy with Countless Start-ups

Agencies
February 23, 2019

New Delhi, Feb 23: Prime Minister Narendra Modi Saturday made a strong re-election pitch to corporate India as he drew contrasts between the governance styles of Congress and his party, saying competition for corruption in the previous regime had been replaced by highest growth rate and lowest inflation of post-liberalisation era.

Addressing the Economic Times' Global Business Summit here, Modi elaborated on his vision for making India a USD 10-trillion economy and the world's third largest is one where the country has countless startups and is a global leader in renewable energy sources and electric vehicles.

Back-breaking inflation, increasing current account deficit and higher fiscal deficit threatened macro-economic stability of the country just before the BJP-led NDA came to power in May 2014, he said.

Launching a blistering attack on governance under UPA, he said there was a "competition between ministries, a competition between individuals, a competition on corruption (and) a competition on delays."

"There was competition on who could do maximum corruption, there was competition on could do the fastest corruption, there was competition on who could do most innovation in corruption," he said, adding that there was competition on where more money could be made - in coal allocation or spectrum allocation, in commonwealth games or in defence deals.

"We all saw that and we also know who were the main players involved in this competition," he said.

This under the present regime, all this has been replaced by a competition to attract more investment and to build houses for the poor, he said.

There is a competition to see if all habitations are connected with road first or all homes with gas connection first, as well as a competition to get 100 per cent sanitation first, or 100 per cent electrification first, he asserted, adding that there is a competition between ministries and states on development for achieving targets.

"During 2014-19, the country would register an average growth of 7.4 per cent and the average inflation would be less than 4.5 per cent. Post liberalisation of the Indian economy, this will be the highest rate of average growth and lowest rate of average inflation witnessed during the period of any government," he said.

"It was said that governments cannot be pro-growth and pro-poor at the same time, but people of India are making it possible," Modi added.

"The country was facing total policy paralysis (before 2014). This was preventing the economy from reaching the level which it was worthy of. The global fraternity was worried about the health of this member of the fragile-five club. There was a perception of surrender to existing circumstances," he said.

But after 2014, hesitations have been replaced by hope, obstacles by optimism and issues by initiatives, he said. "Today change is clearly visible."

The Prime Minister said he wants India to become a USD 10-trillion economy and the third largest in the world.

India currently is a USD 2.5 trillion economy and the sixth-largest in the world.

"We want to make an India of countless startups. We want to lead the global drive towards renewable sources of energy. We want to give our people energy security. We want to cut down on import dependence. We want to make India a world leader in electric vehicles and energy storage devices.

"With these goals in mind, let us re-dedicate ourselves to create a New India of our dreams, he said.

Having missed the past three industrial revolutions, India, he said, is an active contributor to the fourth industrial revolution.

"What happened in the past is not in our hands, but what will happen in the future is firmly in our hands," he said recounting the steps taken by his government to improve the economy.

He credited the progress made to the support and partnership of the people of the country, saying the progress made since 2014 has given him confidence that nothing is impossible.

"Namumkin ab mumkin hai (impossible is now possible)," he said.

'Namumkin ab mumkin hai' is BJP's re-election slogan for the 2109 general elections.

"For decades, a narrative was made that certain things are just impossible in India. It was said that making a clean India was impossible, but the people of India are making it possible. It was said that a corruption-free government in India was impossible, but the people of India have made it possible.

"It was said that it is impossible to remove corruption from the process of giving people their dues, but people of India are making it possible. It was said that it is impossible for the poor to leverage the power of technology, but the people of India are making it possible.

"It was said that removing discretion and arbitrariness in policy making was impossible, but people of India are making it possible. It was said that economic reforms in India were impossible, but the people of India are making it possible. It was said that governments cannot be pro-growth and pro-poor at the same time, but people of India are making it possible," he said.

Highlighting his government's industry-friendly policies, he said a business with a turnover of up to Rs 40 lakh does not have to register for gods and services tax (GST), one with a turnover of up to Rs 60 lakh does not have to pay any income tax and a business with a turnover of up to Rs 1.5 crore is eligible for the composition scheme.

Comments

Ismail khalil ahmef
 - 
Saturday, 23 Feb 2019

Definitely all changes visible GST,Demontsn,15 lakh,unemployment,make in pakoda,hatred, lynching,mob attack,writers and journalist death,pulwama.........ooooooh .....no end,only EVM vote BJP.10 trillion biggest Jumla.

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Agencies
March 1,2020

Kolkata, Mar 1: The Calcutta High Court has ruled that it is not mandatory for foreigners to produce a valid passport and its particulars for processing of application for grant of Indian citizenship if he is able to satisfy the appropriate authorities the reasons for non-availability of the document.

Justice Sabysachi Bhattacharya passed the order while disposing off a petition by granting the petitioner liberty to file an application before the authority "as contemplated in Rule 11 of the Citizenship Rules 2009, upon furnishing explanation as to the non-availability of the passport".

Bismillah Khan had filed the petition saying he was being denied the citizenship of India because of his inability to file an application under Section 5 (1) (c) of the Citizenship Act, 1955, apparently due to the mandatory requirement of furnishing a copy of the passport for such application.

The petitioner's counsel submitted that Khan was a Pakhtoon citizen and due to political turmoil in the said state, which subsequently merged partially into Afghanistan and partially into Pakistan, he, as a five-year old, had to migrate to India with his father in 1973.

Under such circumstances, the petitioner could not have any opportunity of having a valid passport, since they were refugees under distress, the counsel said.

The petitioner had previously approached a coordinate Bench of the court, wherein a single judge, passed an order on July 25, 2018, directing him to comply with the formalities required, as communicated by the secretary to the Government of India to the Secretary to the Government of West Bengal (Home), vide a letter dated December 7, 2017.

The court had then also given liberty to the petitioner to apply afresh before the appropriate authority under Section 5(1)(c) of the 1955 Act, having complied with all the formalities.

The petitioner then moved Bhattacharya's court submitting that a complete application as directed by the Coordinate Bench cannot be possibly filed by his client due to the mandatory requirement of uploading a copy of his passport, which the petitioner does not have due to reasons beyond his control.

The counsel said Khan is married to an Indian citizen, has a daughter and living in India for close to half a century.

The counsel for the union of India submitted that in view of no application having been filed by the petitioner, there is no scope of granting such proposed application at the present juncture for the Union.

The counsel argued that it is mandatory to file an application in Form III for the application of the petitioner under Section 5(1)(c) of the Act to be considered at all.

In view of the petitioner not complying with the mandatory requirement of submitting a copy of his passport, the state government cannot, under the law, forward such application to the union government.

After hearing all sides, Justice Bhattacharya said although the rule "contemplates that an application shall not be entertained unless the application is made in Form III, such provision ipso facto does not make the availability of a passport a mandatory requirement".

"..the Form given with the Rules or the Rules themselves cannot override the provision of the statute itself, under which the said Rules are framed, which does not stipulate such a mandate on the applicants for citizenship under Section 5 (1)(c) of the 1955 Act mandatorily to carry a passport".

The court said although such provision is included in the Form, which has to be complied with by the applicant, "it is nowhere indicated in such Form that all the relevant particulars, including the particulars regarding passport of the petitioner have to be furnished mandatorily, along with a copy of a valid foreign passport, even in the event the petitioner, for valid reasons, is not in a position to produce such passport".

Justice Bhattacharya ruled that under such circumstances, it cannot be held that the provision of producing a passport and its particulars is mandatory in nature and there has to be a relaxation in such requirement "in case the petitioner is able to satisfy the appropriate authorities the reasons for non- availability of such passport".

"Unless such a leeway is given to the applicants, genuine persons who otherwise have all the formal documents indicating that they have been residing in India for a long time and have married a resident of India would also be unable to apply for Indian Citizenship despite having lived their entire lives and contributed to the economy and diverse culture of this country."

He said such a scenario would be contradictory to the spirit of Article 14 of the Constitution of India.

"In such view of the matter, the requirement of having a passport has to be read as optional in Form III of the Citizenship Rules, 2009 and the authorities are deemed to have the power to relax such 6 requirement in the event the applicant satisfied the authorities for genuine reasons why the applicant is not in a position to produce such passport," the February 24 order said.

The court ruled that despite the provision of making applications online, a provision has to be made for persons who do not have all the particulars of their passport, which is read as optional, to file applications manually, which are to be treated as valid applications under Rule 5 of the Citizenship Rules, 2009.

The court also ordered that alternatively the necessary software be amended so that the online applications can be presented with or without passports, in the latter case furnishing detailed reasons as to non-furnishing of passports.

"Sanctioning of such forms, however, will be conditional upon the satisfaction of the relevant authorities about the reasons for the applicant not being able to produce her/his passport," the order said.

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Agencies
January 5,2020

Bikaner, Jan 5: A government-run hospital in Bikaner saw the death of at least 162 children, higher than the number of deaths in Kota's JK Lon Hospital in December.

"In December, we received 2,219 children from different hospitals out of which 162 children died in the Intensive Care Unit here. None of them was born at the hospital," said Dr HS Kumar, Principal, Sardar Patel Medical College, PBM Hospital.

He, however, denied any negligence on the part of the hospital and said that all efforts were made to save every single life.

The official said that all the deceased children had taken birth at the Primary Healthcare Centres (PHC) and the Community Health Centres (CHC) and were referred to the PBM Hospital in a critical condition.

"Their condition was critical and they breathed their last during treatment," he said.

At least 110 children have lost their lives at JK Lon government hospital in Kota, Rajasthan.

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News Network
February 24,2020

Kuala Lumpur, Feb 24: Malaysian Prime Minister Mahathir Mohamad has submitted his resignation to the king, two sources with direct knowledge of the matter told Reuters on Monday, amid talks of forming a new coalition to govern the country.

Mahathir, 94, assumed office in May 2018 for his second stint as prime minister.

A spokesman from the prime minister's office declined to comment, saying only that a statement will be issued soon.

The sources declined to be named as they were not authorised to talk to the media.

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