India growth story to pick up speed with development of Northeast: PM

Agencies
February 3, 2018

Guwahati, Feb 3: Highlighting "path-breaking" economic reforms undertaken by his government, Prime Minister Narendra Modi today said India's growth story will further pick up speed when there is an all-round development of the Northeast.

Inaugurating the two-day 'Global Investors Summit' hosted by Assam, he stressed on the importance of 'Act East Policy' in the Centre's aim of achieving balanced and fast-paced growth of the Northeastern region.

"We have created the Act East Policy and the Northeast is at the heart of it.

"The Act East Policy requires increased people to people contact, trade ties and other relations with countries on India's east, particularly ASEAN countries," he said.

The prime minister said due to economic reforms, India is today the most preferred investment destination in the world with the highest FDI in last fiscal at USD 60 billion, and highlighted the country's improved credit rating, low inflation rate and an opening of various sectors to foreign direct investment.

"The world sees India today as an emerging powerhouse for economic growth," he said.

Modi said his government has changed the work culture of the official machinery, giving it greater speed, and "we want all projects to be completed before target".

Pointing to initiatives announced in the Budget on health insurance and free cooking gas connection for the poor and transparency in tax regime, he said all the schemes of the Union government are oriented towards bringing about a qualitative change in the lives of the people.

The aim is to improve "ease of living", the prime minister said.

The Union government has taken up many path-breaking economic reforms in last three years, which have simplified procedures for doing business, he said.

It is a result of these reforms that India today ranks 100 among 190 countries in the Doing Business Report, of the World Bank, after climbing up 42 ranks, Modi said.

India's position has improved in many other ratings like Global Competitiveness Index of World Economic Forum and Moodys rating upgrade from stable to positive in November 2017.

"Our policies have ensured that inflation remains below 5 percent mark. Now, we have foreign exchange reserves of USD 418 billion.

"Many new sectors have been opened for 100 per cent FDI through automatic routes like automobiles, textiles, tourism, ports and highways.

"Today, India is one of the most preferred destinations for FDI. India has received highest ever annual FDI of USD 60 billion in 2016-17," he said.

Talking about the recent announcements in the budget, he said 45-50 crore people will benefit from the health insurance scheme Ayushman Bharat and it has enhanced the possibilities of setting up hospitals in tier II and III cities by hospital chains.

Modi said the government's current focus is on infrastructure investment and next year it will be investing about Rs 6 lakh crore in this sector.

"This year we aim to complete more than 9,000 kilometres length of National Highways. We will be developing 35,000 kilometers of roads with investment of Rs 5.35 lakh crore under Bharatmala project," he said, adding the Railways will make an investment of Rs 1.48 lakh crore in 2018-19. Assam is hosting its first global investors summit to showcase its manufacturing opportunities and geostrategic advantages to foreign and domestic investors.

The summit aims at highlighting Assam's core competencies in different sectors along with the policy initiatives taken by the state government.

The prime minister said the tagline of the summit 'Advantage Assam: India's Express way to ASEAN' is not just a statement but is a comprehensive vision.

India's growth story will further pick up speed only when there is an all-round development of the Northeast and its people, he said.

Modi said development of MSME sector is a priority for the government as this is the back-bone of country's industries.

"In this years budget, we are giving a big relief to MSMEs by reducing rate of income tax to 25 per cent on companies reporting a turn-over of up to Rs. 250 crore.

"This will benefit almost 99 per cent of companies, he said.

Modi said the 2018-19 budget has provided additional deduction to the employees of 30 per cent of the wages paid for new employees under the Income Tax Act.

"We are also rolling out e-assessment of income tax across the country to eliminate corruption and bring efficiency and transparency, he said.

Further, the women employees contribution to EPF will be 8 per cent for first three years against existing rate of 12 per cent.

The prime minister said he was happy to note that Assam is ranked first among the Northeastern states in the Ease of Doing Business report.

"I am sure that with the present leadership of the state government, Assam is going to further improve its current position to emerge as one of the most sought-after states for industrial investment in the country," he said.

Those present at the event included Bhutanese PM Tshering Tobgay, several Union ministers, Assam Chief Minister Sarbananda Sonowal, chief ministers of Arunachal Pradesh and Manipur, ambassadors and high commissioners of 16 countries, RIL chairman Mukesh Ambani, Tata Sons chairman N Chandrasekharan besides other.

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News Network
November 13,2024

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New Delhi: The Supreme Court took a firm stance on ‘bulldozer justice’ today, affirming that the Executive cannot bypass the Judiciary and that the legal process must not prejudge the guilt of an accused. In a significant judgment, the bench led by Justices BR Gavai and KV Viswanathan set new guidelines for demolition practices, responding to petitions challenging the controversial bulldozer actions taken against individuals accused of crimes.

The rise of this practice, termed 'bulldozer justice,' has seen authorities in various states demolish what they claim to be illegal structures belonging to accused individuals. However, multiple petitions questioned the legality and fairness of this approach, bringing the matter before the court.

Justice Gavai highlighted that owning a home is a cherished goal for many families, and an essential question was whether the Executive should have the authority to strip individuals of their shelter. “In a democracy, the rule of law protects citizens from arbitrary actions by the state. The criminal justice system must not assume guilt,” stated the bench, underscoring that due process is a fundamental right under the Constitution.

On the principle of separation of powers, the bench reinforced that the Judiciary alone holds adjudicatory powers and that the Executive cannot overstep these boundaries. Justice Gavai remarked, “When the state demolishes a home purely because its resident is accused of a crime, it violates the doctrine of separation of powers.”

The court issued a strong warning about accountability, stating that public officials who misuse their power or act arbitrarily must face consequences. Justice Gavai observed that selectively demolishing one property while ignoring similar cases suggests that the aim might be to penalize rather than enforce legality. “For most citizens, a house is the product of years of labor and dreams. Taking it away must be an action of last resort, thoroughly justified,” he said.

In its directives under Article 142 of the Constitution, the Supreme Court established new demolition guidelines. These include:

Mandatory Show-Cause Notice: No demolition should occur without first issuing a show-cause notice. The person served has a minimum of 15 days or the duration stated in local laws to respond.

Transparency of Notice Content: The notice must include specifics about the alleged unauthorized construction, the nature of the violation, and the rationale for demolition.

Hearing and Final Order: Authorities are required to hear the response of the affected individual before issuing a final order. The homeowner will have 15 days to address the issue, with demolition proceeding only if no stay order is obtained from an appellate authority.

Contempt Proceedings: Any breach of these guidelines would lead to contempt proceedings. Officials who disregard these norms will be personally accountable for restitution, with costs deducted from their salaries.

Additionally, the court mandated that all municipal bodies establish digital portals within three months, displaying show-cause notices and final orders on unauthorized structures to ensure public transparency and accountability.

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News Network
November 15,2024

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Iran’s Islamic Revolution Guards Corps (IRGC) has killed or captured 69 terrorists linked to the Israeli spy agency Mossad during a major counterterrorism drill in the country's southeast, its spokesman says.  

General Ahmad Shafaei, the spokesman for the “Martyrs of Security” drill, said Friday that a total of 23 terrorists have been killed and another 46 arrested in various clean-up operations ever since the IRGC Ground Force launched it in the Sistan and Baluchestan province on November 1.

Seven terrorists have also turned themselves in during the period.

“The undeniable fact about terrorists is that they rely on arrogant powers, particularly the intelligence service of the wicked and vicious Zionist regime," Shafaei said.

“Unfortunately, weapons and munitions at terrorists’ disposal are among the most sophisticated ones in the world. This accounts for their heavy dependence.” 

The official stated that several members of the disbanded terror teams were non-Iranian nationals, who had been hired by foreign intelligence agencies to carry out acts of sabotage and terror inside Iran.

In a most recent operation, six terrorists were arrested and four others were eliminated, three of whom were non-Iranians, he added. 

On October 26, ten members of Iran's law enforcement forces were killed in a terrorist attack in the Gohar Kuh district of Taftan in the Sistan and Baluchestan province.

The so-called Jaish al-Adl terrorist group claimed responsibility for the assault, which was one of the deadliest in the province in recent months.

The group has carried out numerous terrorist attacks in Iran, primarily in Sistan and Baluchestan.

Its tactics include the abduction of border guards as well as targeting civilians and police stations within the province to incite chaos and disorder.

In January, Iran launched a military operation during which the headquarters of the Pakistan-based terrorist group was targeted in missile strikes, destroying its infrastructure.

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News Network
November 19,2024

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In the wake of the tragic drowning of three students at a resort near Ullal on the outskirts of Mangaluru city, the tourism department in Dakshina Kannada is set to implement comprehensive safety guidelines for properties with swimming pools or beach access. This initiative aims to ensure guest safety and prevent similar incidents in the future.

New Safety Mandates for Resorts and Homestays

Rashmi S.R., deputy director (in-charge) of the tourism department, announced, “We will instruct all homestays and resorts to enforce precautionary measures, especially those with pools or direct beach access. Properties must ensure 24/7 supervision, particularly during guest hours. This tragedy highlights the importance of having trained personnel on-site.”

Key Safety Guidelines

The district, home to around 150 homestays and 130 resorts, will see the following measures enforced:

  • Clearly displaying pool depths.
  • Installing adequate safety equipment, such as life buoys.
  • Employing trained lifeguards at all times.
  • Establishing clear pool operating hours.
  • Reviewing and implementing standard operating procedures (SOPs) for pool and beach usage.

Booming Beach Tourism Calls for Vigilance

Manohar Shetty, president of the Association for Coastal Tourism (ACT), Udupi, highlighted the growing popularity of beachside resorts, particularly during peak seasons. Properties in Udupi, often fully booked with tourists from Bengaluru, Mysuru, Kodagu, and Shivamogga, face increasing pressure to maintain safety standards.

Udupi district boasts 22 beachside commercial properties catering to this rising demand.

Shetty emphasized, “Authorities must scrutinize safety measures and carefully evaluate guidelines before issuing new resort licenses. Panchayats should rely on the Karnataka Town and Country Planning Act when handling such cases.”

Long-Term Solutions for Water Safety

Recognizing the need for a cultural shift in water safety, Shetty proposed integrating swimming lessons into school curricula. This move would not only equip students with essential skills but also encourage safe participation in water-based activities.

A Safer Tomorrow for Coastal Tourism

As the tourism sector thrives, Mangaluru’s proactive approach underscores its commitment to visitor safety. The tragic incident serves as a wake-up call, propelling the industry towards stricter regulations and better preparedness, ensuring that coastal vacations remain both enjoyable and safe.

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