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Jaitley to visit Singapore to discuss investments

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New Delhi, Nov 14 (IANS) Finance Minister Arun Jaitley is visiting Singapore to showcase a slew of investor friendly reforms undertaken by the government and discuss ideas to ramp up investments in India.

Jaitley is leaving on Tuesday evening on a two-day official visit to Singapore.

“During the visit, Jaitley will re-enforce the close ties between India and Singapore, building upon our shared history, rooted in strong commercial, culture and people-to-people links,” Finance Ministry said in a statement.

On November 15, the Finance Minister will visit the Singapore Expo and deliver the keynote address at the Singapore Fintech Festival, a global event attracting over 10,000 participants. He will also pay a visit to the India pavilion set up at the expo, showcasing India’s achievements in advancing financial technology, both within and outside the government.

On November 16, Jaitley will deliver the keynote address at Morgan Stanley Sixteenth (16th) Annual Asia Pacific Summit in Singapore on the topic ‘India: Structural Reforms and Growth Path Ahead’.

“As part of the Summit, Jaitley will meet the senior management of Morgan Stanley and also address a gathering of senior fund managers and key financial institutional investors,” it said.

During the visit, he is scheduled to meet Prime Minister of Singapore Lee Hsien Loong and Deputy Prime Minister Tharman Shanmugaratnam to discuss bilateral issues.

He will also discuss investment and other issues with his Singapore counterpart and Finance Minister Heng Swee Keat.

An investors’ roundtable is being organised by the Ministry of Finance, India and the Indian High Commission in Singapore to showcase to foreign investors a slew of investor friendly reforms undertaken by the government and also to understand their ideas and suggestions about ramping up investments in India.

The roundtable will be co-chaired by Secretary DEA Subhash Chandra Garg and Tan Ching Yee, Permanent Secretary, Ministry of Finance, Government of Singapore.

The participants in the investors’ roundtable include senior executives of leading institutional investors and business houses in Singapore, who control significant investments globally and have either existing investments in India or are contemplating such investments in the country in the near future.

During his visit starting Wednesday, Jaitley will also have meetings with CEOs of GIC, the Sovereign Wealth Fund (SWF) of Singapore, the Chairman of Development Bank of Singapore (DBS), CEO of Singapore Airlines, Chairman of Blackstone Asia Pacific and CEO of Singapore Stock Exchange among others, it said.

He will also interact with the Chairman and Board of Directors of Temasek, a leading investment company, headquartered in Singapore.

Jaitley will return to New Delhi late in the evening of November 16.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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