Connect with us

Top News

Karnataka tops in investment commitments: Minister

Published

on

Bengaluru, Nov 9 (IANS) Karnataka emerged as the most attractive investment destination with investment commitments of Rs 1,47,625 crore from January to September, Industries Minister R.V. Deshpande said on Thursday.

“As per the Department of Industrial Policy and Promotion (DIPP) SIA Index, Karnataka accounted for 44.43 per cent (Rs 1,47,625 crore) of the total investment intentions in the country in the first nine months (January-September) of 2017, making the state achieve the top spot again,” Deshpande said in a statement here.

According to the Ministry of Commerce and Industry, under which he DIPP functions, Karnataka is at number one spot in terms of investment intentions, followed by Gujarat with Rs 65,741 crore, Maharashtra Rs 25,018 crore, Andhra Pradesh Rs 24,013 crore, and Telangana Rs 12,567 crore, received from January to September.

“Karnataka has the distinction of being one of the fastest growing state economies due to the trust reposed by investors and entrepreneurs,” the Minister said.

Claiming that economic and administrative reforms in two decades had transformed Karnataka into a market-based economy, Deshpande said as a premier investment destination, the southern state had rich demographics to meet the demand-supply elements of businesses, including human capital and talent.

“The state accounts for a significant share in exports. Of the total Foreign Direct Investments (FDI) flowing into the country, the state has attracted $24.63 billion (Rs 137,774 crore) from April 2000 to June 2017,” said Deshpande.

With robust ecosystem and resilient domestic players to invest and innovate, the state has been working overtime to consolidate its position as a top investment destination by formulating business-friendly policies, single-window clearances, and timely services to entrepreneurs under its ‘Sakala’ system.

“We have been proactive in improving the ease-of-doing business in the state with numerous initiatives, sending right signals and assuring domestic and overseas investors of time-bound approvals, incentives and tax reliefs,” the Minister added.

–IANS
fb/tsb/dg

Continue Reading

Top News

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

Published

on

By

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.

Continue Reading

Trending