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India emerging as preferred destination for business: Minister
New Delhi, Jan 25 (IANS) Union Minister of State for Development of the northeastern region Jitendra Singh has said that India is fast emerging as a preferred destination for business and entrepreneurship as several investors from all over the world are willing to set up ventures even in lesser preferred regions.
“As a result of a number of decisions taken by our government to ease doing of business, India is fast emerging as a preferred destination for business and entrepreneurship. Investors from all over are willing to set up ventures even in the hitherto lesser preferred regions like the northeastern region of the country,” Singh was quoted as saying in an official statement.
He was speaking at a “Luncheon Roundtable” meet on “Sustainable Production through Fourth Industrial Revolution Innovations” in the Swiss town of Davos on Wednesday.
Singh allayed fears expressed by some participants about excessive regulatory controls by certain governments across the world and said that the Indian government had made a conscious effort to bring in ease of business through relaxation of avoidable regulations in over three years.
“Within a short span of three to four years, the government has done away with nearly 1,500 such rules and regulations which had become obsolete and irrelevant in this age.”
On the use of Artificial Intelligence (AI) and robots to promote production and business in future, Singh said: “While these technological advances can prove an asset by contributing to sustainable development, the challenge, however, will be to ensure that human intelligence does not end up becoming a slave to Artificial Intelligence.”
The most ideal situation would be when human and artificial components supplement each other’s resources to accomplish the Fourth Industrial Revolution Innovations, the Minister said.
He said that international markers indicate that 2020 will be a milestone for evaluating progress towards the 2030 agenda, in India, an important milestone would be 2022 — the year which marks the completion of 75 years of its independence.
“Several recent initiatives of the India government have been targeted to meet their end point by 2022 following which further journey will be to boost competitiveness and aim at targets beyond.”
Singh referred to steps taken by India to use alternative sources of energy with the twin objectives of meeting growing energy needs and keeping in mind the environmental concerns.
“When, for example, over 50 per cent of global greenhouse gas emissions result from the cradle-to-factory journey of goods, India has already geared itself to astounding levels of innovation in all spheres.”
Singh also referred to new opportunities for public-private collaboration being facilitated by the Indian government, with least intimidation or interference. This would serve as an incentive for small and medium enterprises to stay relevant in future scenarios, he added.
–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
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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