|
|
|
States competing to attract investments: Modi
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 07 Nov, 2019
Every state in the country is
competing to attract business and investment, said Prime Minister
Narendra Modi on Thursday in his rebuttal of the continuous harping by
the opposition that the economic situation has been bad.
"Earlier,
investors' summit like these used to happen in just few cities in the
country. The situation has changed today. Every state today is competing
to attract business and investment," donning Himachali cap Modi told a
galaxy of business delegates and investors, comprising foreign nationals
at Himachal Pradesh's first two-day Global Investor Summit here.
In his over half-an-hour speech in Hindi, the Prime Minister said "a positive competition could be seen among the states".
"The
governments are taking initiatives and are removing unimportant
mechanisms. The rise in this competition will help our industry grow
better at the global level," he said.
Hailing Chief Minister Jai
Ram Thakur for bringing policies to attract investments, Modi said the
massive jump in ease-of-doing ranking for India isn't just a statistical
change but a revolution in the way business is done in India.
"It
is a major revolution for industry in India. It means our government is
taking decisions that have helped the industrial grassroots mechanism
get better."
"We are adding new layers annually, making it more flexible and better."
Asking
Himachal to take a leaf from another mountainous state Sikkim in
exploring organic farming, whose Sikkim Chief Minister Prem Singh Tamang
was those sharing the dais, the Prime Minister said there is probably
no company in the pharmacy industry that doesn't produce its medicines
in Himachal already.
Eyeing a lot of opportunities in Himachal
and a lot remains untapped even today, Modi said, "We need to think how
unique properties of every district need to be explored and presented to
the globe."
"Today, tourism is being promoted as a package in
India. From nature, adventure, spiritual, medical or eco, all types of
tourism are being given equal weightage. Himachal is full of
opportunities and potential," Modi, who proudly says Himachal is his
second home, said.
"I am not a guest in Himachal Pradesh, I am a Himachali. I am the host of this summit."
He
said the public infrastructure fund of Rs 5 lakh crore would be used in
the next five years and this would also benefit Himachal Pradesh.
"Himachal
is fulfilling every requirement for business. It delivers peace and a
society that accepts diversity," he said, indirectly hinting the
entrepreneurs to invest in the state.
National and international
business delegates arrived at Dharamsala on Wednesday for the summit
that will see participating of Union Ministers Amit Shah, Nitin Gadkari
and Piyush Goyal along with other industry and foreign investors.
The
investors' summit -- Rising Himachal -- aims to attract investment in
the agri-business, food processing and post-harvest technology,
manufacturing and pharmaceuticals, tourism, hospitality and civil
aviation, hydro and renewable energy, among others, sectors, Chief
Minister Jai Ram Thakur said.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|