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Work on to get India in $5 trillion club soon: Modi
New Delhi, Nov 19 (IANS) Reaching out to top industrialists and businessmen, Prime Minister Narendra Modi on Monday said the government is working towards making India a $5 trillion economy and for this the country will have to continue scaling up the World Bank’s Ease of Doing Business (EODB) ranking.
“Now our target is to get India into the $5 trillion club in the shortest possible time. For this, we have to improve all areas of the economy,” he said addressing them at his residence here while launching the “Ease of Doing Business Grand Challenge”.
Currently, India is a $2.5 trillion economy.
Modi said the government is working on an industrial policy that takes into account the changing economic scenario and will be aligned to the aspirations of the new industrialists in New India.
“We will have to keep the changes in mind. Manufacturing and services sectors are now complementary to each other with both adding value to the other. New techniques, artificial intelligence and information technology is now an essential part of the ecosystem,” he said.
Modi said the industrial policy will give importance to EoDB in which India has climbed up 65 ranks from 142 to 77 in the last four years. He said the Centre is working continuously with the state governments on EoDB ushering in cooperative, competitive federalism.
“Now we all have to work together to get into the top 50 rank. In days to come, I will hold review meetings with different departments as decisions rolled out by December will get reflected in the EoDB rankings of next year,” he said.
Modi said business, trade and industry are an essential part of the country as the country needs growth, infrastructure, jobs and increase in per capita income. He said the government is putting stress on “policy driven governance and predictable transparent policies”.
The Prime Minister said the government is not only working to improve its business-friendly ranking but also towards giving a quality life to the common citizens.
“World Bank’s ranking is decided only on some parameters but the government’s strategy of reform, perform and transform is much wider than that. We are working to improve the ease of living for common citizens, traders and small industrialists.
“The country is continuously working on reforms to make people’s life simple and easy. India’s rank is rising or has already risen in the several evaluations done by either IMF, Moody’s, World Economic Forum or UNCTAD,” he said.
The objective of the Grand Challenge is to invite innovative ideas based on artificial intelligence, Internet of Things, big data analytics, block chain and other cutting-edge technology to reform government processes.
–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.