Modi promises more reforms; rolls out red carpet to investors

February 14, 2015

Pune, Feb 14: Ahead of the Budget, Prime Minister Narendra Modi today assured investors more reforms as he rolled out the red carpet to multinationals, inviting them to make use of the large pool of highly talented youth in the country.

Modi promises"I invite all those who want to participate in the economic development of the country to generate employment for our youth. Your (investors) growth is also linked to our growth," the Prime Minister said.

"In this age of competitive world, I assure corporates across the world that India is a land where they can find talents which can help them manufacture products that are very competitive," Modi told a select audience of corporates.

The Prime Minister was inaugurating the multimodal manufacturing facility set up by the American engineering giant GE Corporation.

Calling upon the investors to utilise the talent of large educated youth population, he said, "we have the highest demographic dividend, as 65 per cent of our population are below 35 years. Our talented youth have power to attract investments from across the world. Our skill power can also attract the investors."

Modi also assured his administration will improve the ease of doing business. He said the number of clearances for setting up a hospitality venture will be brought down from a massive 110 to just about 20.

"Our government has ensured predictability in our procedures, laws and policies. We have also taken many initiatives towards ease of doing business," Modi said.

The NDA government will present the first full Budget on February 28 with some analysts wondering whether it would be a complete reform oriented budget following the defeat of BJP faced in the last week's Delhi elections.

"India economy is the fastest growing economy in the world with a GDP growth rate of 7.4 per cent. We have to sustain it and take it forward and for that we are emphasising on three sectors -- manufacturing, agriculture and service sector," the Prime Minister said.

He said, there are tremendous opportunities in the manufacturing sector in India.

Modi said the Maharashtra government led by Chief Minister Devendra Fadnavis was also focusing on ease of doing business for investors keen to explore business opportunities in his state.

Recalling his experience at the CEOs meeting during US President Barack Obama's visit last month, PM Modi said the representatives of the hospitality industry expressed concern over the several clearances required in the sector though they were keen on entering the Indian market.

"Number of permissions needed to set up hospitality industry is being brought down from 110 to 20," he said.

"India offers immense opportunities for ship-building sector," Modi said and invited US-based GE to manufacture ships in the country.

He said his government's effort is to make policies predictable to attract investments as he believes that good governance is a guarantee for development.

He also said that GE and other global firms should invest in the defence sector as the government has increased the FDI or foreign direct investment threshold to 49 per cent.

We want to move further ahead in the manufacturing sector, he said.

"We want Railways sector in India to develop, get more technology, give speed and make it the driving force of our economy," he added. Reiterating his government's commitment to reforms, Modi said, "in the last few months the government has initiated many reforms which are attracting investors from across the world. I firmly believe that the 21st century will of Asia and India will play a crucial role in it."

"Good governance is the guarantee for development. Ease of doing business is one of the key thrust areas of my government," Modi, who came to power on the promise of good governance and development, said.

Dedicating the GE facility, Modi congratulated the company for setting up such a huge manufacturing facility at Chakan near hear and also complemented the American multinational for its commitment to the country.

He said this move will give a boost to his government's flagship 'Make in India' campaign.

"We have immense opportunities in ship-building and defence sectors. I invite GE to invest in the defence and ship-building sectors," he said.

Pointing to his ambitious make in India drive, the Prime Minister said the country wants the manufacturing sector, which today contributes only under 16 percent to GDP, to grow

The previous government had set an ambitious target of taking the share of manufacturing to 25 percent of GDP by 2020 and projected USD 1 trillion investment into infrastructure space, especially ports, airports and railroads and highways, to enable this.

Modi also stressed on sustainable development and economic growth, saying for that to happen "we are focusing on manufacturing, agriculture and services sector,".

He said there was immense opportunities in the manufacturing sector. On the railway development, he said the country's railway network, which is one of the largest in the world, can become the economy's driving force.

"I want India to become self-sufficient in Railways, and upgrade the technologies used in the sector. Rail sector can become driving force for the country's economy," he said.

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News Network
March 2,2020

Mar 2: Two more positive cases of the novel coronavirus -- one in Delhi and another in Telangana -were reported, the Union Health Ministry said on Monday.

The person from Delhi had travelled to Italy, it said adding he is being diagnosed at RML hospital.

The other person with the coronavirus infection has a travel history to Dubai, the ministry added.

"Both the patients are stable and being closely monitored," the ministry said.

Sunitha Krishnan is the name of the patient from Telangana and she is a social activist.

Krishnan has tweeted, "So going to enjoy hospitality at Gandhi Hospital for two days as admitted in the isolation ward suspected coronavirus. They have not started the tests yet( 1.30 hrs since I arrived).I believe the results make take 48hrs. At this pace, I have a feeling I am might be here sometime."

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Agencies
May 23,2020

New Delhi, May 23: The nationwide lockdown will no longer help India in its fight against COVID-19, and in its place community-driven containment, isolation and quarantine strategies have to be brought into play, leading virologist Shahid Jameel said.

The recipient of Shanti Swarup Bhatnagar Prize for Science and Technology also stressed that testing should be carried out vigorously to identify coronavirus hotspots and isolate those areas.

"Our current testing rate at 1,744 tests per million population is one of the lowest in the world. We should deploy both antibody tests and confirmatory PCR tests. This will tell us about pockets of ongoing infection and past (recovered) infection. This will provide data to open up gradually and let economic activity resume," Jameel told PTI in an interview.

He stressed that testing has to be dynamic to continuously monitor red, orange and green zones and change these based on that data.

About community transmission of COVID-19 in India, Jameel said the country reached that stage long ago.

"We reached community transmission a long time ago. It's just that the health authorities are not admitting it. Even ICMR's own study of SARI (severe acute respiratory illness) showed that about 40 per cent of those who tested positive for SARS-CoV-2 did not have any history of overseas travel or contact to a known case. If this is not community transmission, then what is?" he posed.

Lockdown bought India time in its fight against coronavirus, but continuing it is unlikely to yield any further dividend, Jameel said.

"Instead, community-driven local lockdowns, isolations and quarantines have to come into play. Building trust is most important so that people follow rules. A public health problem cannot be dealt with as a law-and-order problem."

The nationwide lockdown, initially imposed from March 25 to April 14, has been extended thrice and will continue at least till May 31. The virus has claimed 3,720 lives and infected over 1.25 lakh people in the country so far.

Jameel has expertise in the fields of molecular biology, infectious diseases, and biotechnology. He is the CEO of Wellcome Trust/Department of Biotechnology's India Alliance and is best known for extensive research in Hepatitis E virus and HIV.

He said COVID-19 will eventually be controlled through herd immunity, which is acquired in two ways – when a sufficient fraction of the population gets infected and recovers, and with vaccination.

"It is estimated that for SARS-CoV-2 at least 60 per cent of the population would have to be infected and recovered, or vaccinated. This will happen over the course of the next few years," Jameel said.

Herd immunity is reached when the majority of a population becomes immune to an infectious disease, either because they have become infected and recovered, or through vaccination. When that happens, the disease is less likely to spread to people who aren't immune, because there just aren't enough infectious carriers.

"India has 1.38 billion people, a population density of about 400/sq km and a healthcare system ranked at 143 in the world. If we allow 60 per cent people to get infected quickly in the hopes of herd immunity, that would mean 830 million infections," Jameel said.

"If 15 per cent need hospitalization that means about 125 million isolation beds (we have 0.3 million). If five per cent need oxygen and ventilatory support, this amounts to about 42 million oxygen support and ICU beds; we have 0.1 million oxygen support beds and 34,000 ICU beds. This would overwhelm the healthcare system causing mayhem," he said.

Jameel said if the population level mortality is 0.5 per cent that would mean 40 lakh deaths. "Are we prepared to pay this price for herd immunity in the short term? Clearly not," he said.

He said it is unlikely that a vaccine would be available by the end of the year.

"Even then, we don't know yet how long it would give protection – weeks, months, one year, a few years? I don't think we will return to pre-coronavirus days for at least the next 3-5 years. This is also a chance to evaluate if we want to return to those unsustainable, environment-damaging ways. COVID-19 is a timely warning to reform our way of living," he said.

Jameel said it is hard to predict but plausible that COVID-19 would return in second or third wave.

"Later waves come when we don't understand the disease and become lax. A comparison to Spanish Flu is not entirely valid because in 1918 no one knew what caused it. No one had seen a virus till the mid-1930s as the electron microscope needed to view those was invented in 1931," he said.

"Today we know a lot more about the pathogen, its genetic makeup, how it transmits and how to prevent it. We need to be sensible and follow expert advice," he said.

If there is any scientific evidence linking deforestation, rapid urbanisation, climate change with pandemics like COVID-19, he said zoonotic viruses -- those that jump from animals to humans -- happen so when wild animal–human contacts increase.

"Deforestation destroys animal habitats bringing them closer to humans. When you cut forests, bats come to roost on trees closer to human habitations. Their viruses in secretions/stool get transmitted to domestic animals and on to humans. This happened clearly with Nipah virus outbreak in Malaysia in 1997-98 from fruit bats to pigs to humans," he said.

"COVID-19 possibly arose in wet animal markets due to dietary habits that bring all kinds of live and dead wild animals in close contact with humans," Jameel added.

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News Network
March 21,2020

New Delhi, Mar 21: A couple was deboarded from a Delhi-bound Rajdhani train on Saturday after co-passengers observed a home quarantine seal on the husband's hand, the Railways said Saturday.

Officials said the Delhi-based couple boarded the Bangalore City-New Delhi Rajdhani at Secunderabad on Saturday morning.

When the train reached Kazipet in Telangana at 9:45 am, a co-passenger noticed the quarantine mark authorities are putting on suspected coronavirus cases —on the husband's hand when he was washing his hands. Other co-passengers then informed the TTE onboard.

The train was briefly detained and the couple was taken to a hospital. The coach was completely sanitised in Kazipet and was locked, officials said.

The air conditioning was also switched off.

The train left for its destination at 11.30 am.

People fleeing quarantine has been a common problem reported from different parts of the country.

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