Work unitedly to realise Abdul Kalam’s dream of developed India: Modi

Agencies
July 27, 2017

Rameswaram, Jul 27: Prime Minister Narendra Modi on Thursday urged the people to work together to fulfil former president A P J Abdul Kalam’s dream of seeing a developed India by 2022 when it celebrates its 75th Independence Day. “There are 125 crore people and if each one takes one step, then the country would be 125 crore steps ahead,” he told a public meeting near this island, the home town of the late ‘Missile Man’, after inaugurating his national memorial.narendra

Various schemes launched by central government whether it was “Stand up India or Start up India, ‘Amrut’ cities or smart cities or Clean India projects would go a long way in realising Kalam’s dream of “developed India”, he said. In a reference to epic ‘Ramayana’, Modi said even a small squirrel had helped Lord Ram in constructing the ‘Ramasethu’ (bridge) for him to cross over to Sri Lanka.

“If people are committed like that squirrel, the country can scale great heights,” Modi said addressing a gathering at Mandapam, about 15 kms from Rameswaram. He urged the youth and pilgrims visiting this holy town to include a visit to Kalam’s memorial, designed and built by the Defence Research and Development Organisation (DRDO) with which the former president was associated with for a long time.

Modi heaped praise on labourers involved in the construction of the memorial, saying they had not charged for the extra two hours they had put in every day. After sweating it out from 8 AM to 5 PM, they would later take a break for one hour and put in two additional man hours. They had refused payment for these extra two hours, saying it was their way of contributing towards the memory of Kalam, Modi said, adding this deserved a standing ovation.

The audience was immediately on its feet applauding the the labourers, architects and workers who had toiled in raising the structure. Paying rich tributes to Kalam, whose second death anniversary was observed, Modi said the former president continues to inspire crores of countrymen. “People from every corner of the country come here (mostly on pilgrimage). I urge them, the tour operators and youth — whenever you come here, add to your programme a visit to this memorial,” Modi said.

The Prime Minister pointed out that Kalam loved the youths and the students very much, and it was for their benefit that Stand Up and Start Up schemes had been launched. The Mudra bank loan scheme had been launched to provide loans for the youths without any guarantee and it had benefited over eight crore people, including one crore from Tamil Nadu, he said.
A new India and a new Tamil Nadu could be developed with the cooperation of the central and state governments, he said. Ten cities in the state had been chosen for the smart city project and 33 towns for development under the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme, he said.
The central government had allocated Rs.900 crore for the Smart City and Rs.4,700 crore for the AMRUT scheme, he said the latter would ensure availability of better power, water, sanitation and other essential infrastructure. The Prime Minister hoped that the ‘Sagar Mala’ scheme, linking the coastal areas spreading through the country’s 7,500 km coastal line, would bring more investments and benefit people in a big way.

Announcing the launch of deep sea fishing to Rameswaram fishermen under hte Blue Revolution scheme, for which Rs 1,500 crore had been allocated, he said it would help fishermen to get better revenue and at the same time overcome problems relating to the fishing in the Palk Strait. The Prime Minister also flagged off a weekly train to Ayodhya in Uttar Pradesh from Rameswaram.

In order to help the people worship at Ramar Sethu, the mythical bridge believed to have been built by Lord Rama, the Rameswaram-Dhanushkodi road which was destroyed in the devastating cyclone decades ago had been rebuilt. Modi also unveiled synopsis of Green Rameswaram scheme, a pet project of late Kalam, presented by the local Vivekananda Kendra.

He recalled that it was in Rameswaram that Swami Vivekananda placed his first step when he returned from America in 1897. Earlier, after inaugurating the memorial, Modi paid floral tributes to Kalam at his ‘samadhi’. Evincing keen interest in the features of the memorial, which has on display replicas of rockets and missiles on which the late scientist had worked, the Prime Minister viewed it for about 15 minutes.

It has been built at a cost of Rs 15 crore on land alloted by the Tamil Nadu government at Kalam’s village Peikarambu. On the occasion, the Prime Minister also unveiled a wooden statue of Kalam playing the ‘veena’. The former president was adept at playing the musical instrument. The memorial also has about 900 paintings and 200 rare photographs of the late scientist, who held the office of the president from 2002 to 2007.

Modi was accompanied by Tamil Nadu Governor Ch Vidyasagar Rao, Chief Minister K Palaniswami, Union ministers Pon Radhakrishnan, Nirmala Sitharaman and NDA’s vice presidential nominee M Venakaiah Naidu. The prime minister earlier unfurled the national flag at the entrance of the memorial. Later, he interacted with family members of Kalam.

Modi was seen affectionately holding the hands of Kalam’s elder brother A P J Mohamed Muthumeeran Maraikaya.

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Raj
 - 
Friday, 28 Jul 2017

Congrats Sir. May you achieve many more feats in your career. Good luck

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Agencies
May 26,2020

In a startling revelation, cybersecurity researchers have claimed that a hacker has posted personal details of nearly 2.9 crore Indian job seekers at one of the hacking forums on the Dark Web for free.

As part of the regular sweep over the Deep Web and Dark Web, researchers from cybersecurity firm Cyble came across an interesting item, where a threat actor posted 2.3GB (zipped) file on one of the hacking forums.

"The leak actually has a lot of personal details of millions of Indians Job seekers from different states," Cyble said in its blog on Friday.

This breach includes sensitive information such as email, phone, home address, qualification and work experience etc from job seekers spanning across states, from New Delhi to Mumbai and Bengaluru. 

Cybercriminals are always on the lookout for such personal information to conduct various nefarious activities such as identity thefts, scams, and corporate espionage.

"It appears to have originated from a resume aggregator service given the sheer volume and detailed information," it added.

Cyble indexed this information at ‘AmIbreached.com; – Cyble's data breach monitoring and notification platform.

Cyble researchers have identified a sensitive data breach on the dark web where an actor has leaked personal details of nearly 29 million Indian job seekers from various states. 

"Cyble's team is still investigating this further and will be updating their article as they bring more facts to the surface,” it said in a statement.

Cyble said it has acquired the leaked data. 

The same cyber security firm earlier exposed that Bengaluru-based edtech firm Unacademy was hacked.

According to Cyble researchers, nearly 22 million Unacademy user accounts were affected and the data was dumped and sold on Dark Web.

'We would like to assure our users that no sensitive information such as financial data or location has been breached," said Hemesh Singh, Co- Founder and CTO, Unacademy, in a statement.

In April, hackers sold personal data of a whopping 267 million Facebook users for just Rs 41,500 (approximately 500 Euros) that includes email addresses, names, Facebook IDs, dates of birth and phone numbers.

No passwords of the 267 million Facebook users were exposed by the hacker, according to Cyble.

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Agencies
August 2,2020

Ayodhya, Aug 2: With the foundation laying ceremony of the grand Ram temple around the corner, the work at the stone-carving workshop of Ram Janambhoomi in Ayodhya has reached its final stage.

Speaking to news agency, caretaker of Ram temple stone workshop Hanuman Yadav said, "Stonework is ready for the construction work till the first floor of the temple. Cleaning work is almost done but some work is still left which will be done soon after the trust's meeting."

Talking about the characteristics of the sandstone chosen work the construction, he said, "It was chosen for the construction as it can withstand rigours for thousands of years. These designated stones are minutely carved according to the need of the temple."

The stone-carving workshop for the Ram temple construction was established in Ayodhya by the Vishwa Hindu Parishad (VHP) in 1990.

On August 5 when Prime Minister Narendra Modi will visit Ayodhya for rituals that will mark the beginning of Ram temple construction, Hanumangarhi is the first stop he would be visiting.

The construction of Ram temple will begin in Ayodhya after the ceremony to lay the foundation stone in which various dignitaries from the political and religious fields are likely to participate apart from RSS chief Mohan Bhagwat. 

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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