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India assures Israeli firms on resolving business issues
New Delhi, Jan 15 (IANS) With Israeli Prime Minister Benjamin Netanyahu on an official visit here, India on Monday assured Israeli companies of resolving their concerns on doing business in the country, saying it would further ease the process in this regard.
Referring to some issues raised by Israeli firms, such as those relating to import duties, taxes and licensing processes, in his address at the India-Israel Business Innovation Forum organised by industry chamber CII, the Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek said these had already been taken up with the ministries concerned for resolving.
“I assure you to resolve all problems and make things easier and better for Israeli companies to do business in India,” Abhishek said.
“We have been able to do a few things in the last few months and many are in progress,” he added.
The Israeli Prime Minister arrived here on Sunday on a six-day visit to India to step up growing trade as well as military and strategic ties between the two countries.
Addressing the forum, Israel’s Trade Commissioner Ohad Cohen expressed hope that the Netanyahu visit would pave the way for the proposed Israel-India Free Trade Agreement (FTA).
At the event, eight memoranda of understanding (MoU) were signed to increase economic cooperation between the two sides. Among these were MoUs signed by the Confederation of Indian Industry (CII) separately with the Israel-Asia Chamber of Commerce and the Israel Export and International Cooperation Institute.
Besides, the DIPP-sponsored Invest India entity exchanged an MoU with Israel’s Foreign Investments and Industrial Cooperation. Tata Projects also signed an MoU with Israeli company Water-Gen.
This is the first visit to India by an Israeli Prime Minister since Ariel Sharon came in 2003.
Netanyahu’s entourage includes the largest-ever delegation of Israeli business consisting of 130 members representing over 100 companies.
The bilateral trade between the countries was worth over $5 billion in 2016-17.
Both Prime Minister Narendra Modi and Netanyahu are slated to address the business forum later on Monday.
–IANS
bc/umer/rn
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
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.