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India to continue on growth path to root out poverty: Jaitley

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arunjaitelyMelbourne : Urging Australian pension funds to invest in India, Finance Minister Arun Jaitley on Friday said here the country will continue on its current path of development towards “eliminating the curse of poverty”.

“We do believe that 7.5 percent rate can be improved upon and the government is concentrating on several areas, especially rural India. Its only then India can eliminate the curse of poverty,” he said, addressing a meeting here of heads of Australian pension funds.

“People in India are benefiting from the whole process of liberalisation,” the finance minister said.

The meeting was attended by Australian Minister for Small Businesses and Assistant Treasurer Kelly O’Dwyer, Future Fund chairman Peter Costello, Indian High Commissioner Navdeep Suri and members of a delegation led by industry chamber Ficci.

In this connection, Jaitley assured his audience of rationalisation of India’s tax system, saying India offered a huge amount of opportunity also in manufacturing and infrastructure.

On the penultimate day of his four-day Australia visit on Thursday, Jaitley estimated that India’s GDP growth rate for the current fiscal would touch 7.6 percent which, he said, was much less than the country’s potential.

“As the current financial year ends today, we hope to finish this year at 7.6 percent growth rate which is much less than our potential. We are hopeful that we will do better than this next year,” Jaitley said, delivering the K.R. Narayanan Oration series lecture in the Australian capital Canberra.

“Our current account deficit is well under control; inflation rate is under control. In last 16 months, the wholesale price index has been negative. Consumer index has been in the range of 4-5 percent. Interest rates are slowly coming down,” the finance minister said.

“We had to reform our systems. There is a considerable amount of ease which has come in and we have moved up in global rankings,” Jaitley added.

 

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Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok

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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.

The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.

Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.

Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.

For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.

During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.

Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.

Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .

Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.

In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.

During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.

In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.

He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.

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