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 ...

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 19,2020

Mumbai, May 19: Even as banks in United Arab Emirates are trying to trace NMC founder BR Shetty, a prominent bank in India is seeking to recover loans worth Rs19.13 billion from him and his companies. 

A local court has also barred him and his wife from selling or transferring some properties while it hears the case.

In the court filing, the Bank of Baroda said Shetty had an obligation to handover the title deeds of the 16 properties and mortgage the assets with the bank.

The 16 properties in several Indian cities including Bengaluru were among guarantees put up by Shetty and his wife against the Rs19.13 billion ($253 million) loans, according to a May 16 court order seen by Reuters. The court in Bengalaru set the next hearing in the case for June 8.

NMC, the largest private healthcare provider in the UAE, was placed under administration in April after months of turmoil. It disclosed in March it had debts of $6.6 billion, well above earlier estimates of $2.1 billion.

Finablr, in which Shetty has a controlling stake, said in April it may have nearly $1 billion more in debt than previously reported.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 9,2020

Mangaluru, Jul 9: The National Highway 73 between Mangaluru and Chikmagalur was blocked after a huge tree was uprooted and fell on the road near Somanthadka near Belthangady on Thursday due to heavy rain which has been lashing the region since last three days.

The monsoon rain has shifted from the coastal belt to the hilly region of the Western Ghats leading to closure of major roads after a tree was uprooted.

Karkala BJP MLA Sunil Kumar, who was traveling to Bengaluru had to wait for a long time for the traffic to clear.

Meanwhile Chikkamagaluru Deputy Commissioner Dr Bagadi Gautam imposed ban on movement of vehicles on Charmadi ghat from 7 a.m. to 7 p.m.

Comments

Ajaz
 - 
Thursday, 9 Jul 2020

Hope Hasanabba Charmadi cleared the road.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 28,2020

Bandipur, Jan 28: British adventurer Bear Grylls and superstar Rajinikanth arrived at the Bandipur Tiger Reserve and National Park in Karnataka on Tuesday for shooting a special episode of the show 'Man vs Wild'.

The actor arrived at the location dressed in comfortable sporty clothes. Donning a dark blue jacket and grey track pants, Rajinikanth was also carrying a cross-body sling bag.

Videos and photographs of Rajinikanth arriving at a helipad were shared widely on social media.

Reports say that an agreement was signed between the Karnataka Forest Department represented by the Field Director of Bandipur and Banijay Group, Seventaurus Entertainment Studio Private Ltd, Mumbai for shooting of the documentary in December 2019. The team was also allowed to do a recce from December 27th to 29th as per the agreement, a report said.

The shooting has been permitted for six hours. "Permission for the shooting has been given for Sultan Batteri highway and ranges of Mulleholle, Maddur and Kalkere ranges. They will be shooting in non-tourist zones. If permission was given for the shooting of Wild Karnataka, then this can also be permitted. Also, no tourist or regular forest patrolling activities will be affected. The shooting will be done under special forest protection and no one will be aware of the locations," a forest official was quoted as saying in another news report.

Earlier in 2019, Grylls shot an episode of the show with Prime Minister Narendra Modi.

Grylls is also back with the latest edition of his National Geographic show ‘Running Wild With Bear Grylls’, where actors such as Channing Tatum, Brie Larson, Joel McHale, Cara Delevingne, Rob Riggle, Armie Hammer and Dave Bautista take on adventurous challenges in remote wilderness.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.