PM Modi hails 'invaluable contribution' of NRIs to the Indian economy

January 8, 2017

Bengaluru, Jan 8: Castigating the opponents of demonetisation, Prime Minister Narendra Modi today said those terming the government's move as 'anti-people' were the "political worshippers" of graft and black money which were making the economy, polity and society hollow.

modinri

"Friends you know we have undertaken a big responsibilty in fighting black money and corruption... Black money and corruption have gradually made our polity, economy, society and the country hollow.

"It is unfortunate that there are some political worshippers (rajnaitik pujari) of black money who term our actions against it as anti-people," Modi said at the 14th Pravasi Bharatiya Divas Convention here.

"It is very saddening to see some black money supporters maligning the moves against corruption," he said while thanking the Indian diaspora for supporting the government's steps against corruption and black money.

Emphasising the role played by overseas Indians in the country's development, the Prime Minister said they have made an "invaluable contribution" to the Indian economy by investing over 69 billion US dollars.

"For me, FDI has two definitions -- one is 'Foreign Direct Investment' and the other is 'First Develop India'," he said, asserting that "I can say with full confidence that 21st century belong to India."

Referring to the earlier trend of brain drain, he said "we want to change brain drain to brain gain" and added that the government will soon launch a skill development programme 'Pravasi Kaushal Vikas Yojna' for the Indian youth seeking employment abroad.

Welcoming the efforts of Indian diaspora to strengthen the country's partnership with the overseas Indian community, Modi said "we don't see the colour of the passports, but the relations written by blood which matter the most."

Encouraging all PIO Card holders to convert their PIO Cards into OCI Cards, Modi said "we have extended the deadline for PIO card conversions to OCI from 31 December 2016, until June 30, 2017 without any penalty."

He also spoke about the various measures for welfare and safety of Indians abroad, from carrying out evacuation of Indians in distress to other steps taken by his government in last two years, specifically mentioning the efforts of External Affairs Minister Sushma Swaraj in this regard.

He also said that starting with Mauritius, his government was working to put in place procedures so that descendants of various Indian communities could become eligible for OCI cards, by addressing the difficulties of PIOs in Fiji, Reunion Islands, Suriname, Guyana and other Caribbean States.

Comments

Althaf
 - 
Sunday, 8 Jan 2017

Dear PM
You have already spoiled the life of poor indians now please do not do any stupid rules for NRI's .

Skazi
 - 
Sunday, 8 Jan 2017

It seems that the attendees of the meeting are dumb and deaf .... If Modi praises the contribution of NRIs, then they should not be treated as second class citizens....The NRI s are not given chance to exchange the old notes..... All NRIs can not visit by 30 june to exchange the old notes.... they can come only during their vacations... If their vacations are not due, does Modi expect the NRI's, to come to india , just for exchanging old notes....If one has to exchange 5000 rupees, then he has to spend about 30 - 40 thousands for air ticket....Nothing but Tuglak Raj ...

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News Network
March 24,2020

Bengaluru, Mar 24: Underlining the seriousness of the coronavirus, which is spreading like wildfire in Karnataka, renowned Heart Surgeon and founder of Narayana Hrudayalaya Dr Devi Shetty on Tuesday predicted that Karnataka alone will have more than 80,000 people affected with the dreaded killer disease COVID-19 if people fail to protect themselves.

He urged the people to cooperate with the Government in preventing its further spread and immediately treat those who are affected.

Dr Shetty, urging the people to remain indoors and not to venture out, said those who are affected should not come out and remain in isolation even in their houses and take all precautions advised by doctors.

He said if 80,000 people in the state were affected, more than 20,000 need to be admitted to Hospital for treatment.

"More than 2000 affected need to be kept under ventilation and it requires more infrastructure in the hospitals," he said.

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coastaldigest.com news network
May 6,2020

Mangaluru, May 6: Three more coronavirus positive cases have been reported in Dakshina Kannada district. 

According to fresh bulletin of health and family welfare department, an 11-year-old girl and a 36-year-old woman from Boloor in Mangaluru and a 16-year-old girl from Bantwal tested positive for the covid-19. 

All of them are undergoing treatment at Wenlock Hospital. Their condition is said to be stable. 

With this the total number of cases in the district reached 28 including 22 residents of Dakshina Kannada, 4 from Kasaragod, 1 from Udupi and 1 from Uttara Kannada.

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Agencies
January 19,2020

Bengaluru, Jan 19: Technology hub Hyderabad has edged out 129 other cities in the world to emerge as the world's most dynamic city, according to the seventh edition of the City Momentum Index by global real estate services firm JLL.

The city has pushed Bengaluru to second place to regain the top position after a gap of one year. Chennai is at fifth and Delhi is at sixth place.

While Hyderabad and Bengaluru are the top two cities globally for socio-economic momentum, a more active real estate market helped elevate Hyderabad to first position in the overall ranking, says the report released by the US-based Jones Lang Lasalle (JLL) on Saturday night.

Hyderabad recorded the highest office net absorption in 2019 (as a proportion of existing stock) of any city globally, while it is also among the world's best-performing cities for prime office rental growth.

While all seven major Indian cities feature in this year's Global Top 20, cities in south India in particular - Hyderabad, Bengaluru and Chennai (5th) "are ahead of their northern peers, supported by favourable demographics and business climates".

"Their expanding tech industries and start-up cultures make them a magnet for young and ambitious talent from across the country, with Bengaluru having one of the world's largest concentrations of 'engine room' population (20-40-year-olds), typically the most dynamic and productive age cohort," says the report.

Kolkata and Mumbai made it to the top 20 and stood at the 16th and 20th positions. Despite an economic slowdown, India leads the 2020 Index with seven Indian cities in the top 20.

"Commercial real estate in south Indian cities is growing at a rapid pace. Hyderabad has seen tremendous growth in 2019 in line with that of Bengaluru. The city has actively embraced technology-driven economic growth and attracted large tech giants and e-commerce players. The state government's focus on business-friendly policies and provision of high-quality infrastructure along with availability of quality talent pool and superior quality business parks has given Hyderabad a competitive edge," said Ramesh Nair, CEO and Country Head - India, JLL.

Telangana's Minister for Information Technology and Industry K T Rama Rao said he was thrilled over Hyderabad not only regaining the top slot but also over the fact that it was competing with cities like Shenzhen and Shanghai in innovation economy.

The minister said 50 percent weightage from socio-economic indicators beside the remaining 50 percent from commercial and real estate was also heartening.

KTR, as the minister is popularly known, noted that in 2014 when Telangana attained statehood, Hyderabad was not even in the list. He recalled that when Telangana was formed there were many doubts as to what would happen to Hyderabad. "It entered the top 20 in 2015 and rose to fifth place in 2016 and third position in 2017. Hyderabad topped the list in 2018 and finished second the last year. This year it is back at the top," he said.

The JLL City Momentum Index identifies a number of key growth drivers, including talent attraction, the expansion of innovation hubs and better urban planning, that cities can employ to meet the challenges faced by rapid momentum.

Several cities in the top 20 stand out as they transform their urban environments in pursuit of a low-carbon future. In India, Hyderabad is looking at technology to reduce the demand for air conditioning with cool roofs that reflect sunlight and absorb less heat, it said.

"The growth of "micro-mobility" is another positive step, illustrated by Hyderabad's introduction of smart bikes and electric cars. Smart city solutions, such as bike rentals, improved quality of life, help increase inclusion and aid in the transition to a low carbon environment."

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