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New Indian Express
2 days ago
- Business
- New Indian Express
Development of smaller states crucial for Modi's 2047 vision, says Shah
RUDRAPUR: Union Home Minister Amit Shah on Saturday stressed that Prime Minister Narendra Modi's ambitious target of creating a 'developed India' by 2047 cannot be realised without the comprehensive development of Uttarakhand and northern states in general. Speaking as the chief guest at the Rs 1 lakh crore grounding ceremony of the 2023 Global Investor Summit in Rudrapur, Shah emphasised the pivotal role of smaller states in national progress. 'Until our country's smaller and eastern states advance, there will be no equitable development across the nation,' the Shah expressed, highlighting the Centre's focus on these regions. He further asserted the potential of the hill state, citing its spiritual significance. Highlighting the nation's economic progress, the Home Minister stated that India is poised to become the world's third-largest economy by 2027. 'The rapid pace of development, our service sector exports doubling and a 76% increase in overall exports have made us the fastest-growing economy,' Shah asserted. Shah then seized the opportunity to draw a sharp contrast between the state of affairs under BJP rule and that on the watch of a Congress and Opposition government. He highlighted that while the Opposition, in power from 2004 to 2014, had allocated a sizeable sum of Rs 53,000 crore to Uttarakhand, the current Modi government, during its tenure from 2014 to 2024, has provided a significantly larger amount of Rs 1.86 lakh crore. He took a sharp jibe at the Opposition, remarking, 'When a state develops, the Opposition's work is akin to throwing bones into the sacred fire...'
Time of India
4 days ago
- Business
- Time of India
Investments of Rs 1 lakh crore materialised in Uttarakhand since global investor summit in Dec 2023
Investments worth Rs 1 lakh crore have come on ground in Uttarakhand since the Global Investor Summit in December 2023, as part of various agreements signed during the event, Chief Minister Pushkar Singh Dhami said on Friday. The state will hold an investment festival at Rudrapur on Saturday to celebrate this landmark achievement. Explore courses from Top Institutes in Select a Course Category Data Analytics Design Thinking CXO Artificial Intelligence others PGDM Operations Management Others Healthcare MCA Product Management Project Management healthcare MBA Technology Public Policy Data Science Finance Management Leadership Digital Marketing Cybersecurity Data Science Degree Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details Union Home Minister Amit Shah will attend the one-day ' Uttarakhand Investment Festival ', to be held at the Sports Stadium in the Udham Singh Nagar district, as the chief guest. Representatives of new industries established in various areas of Uttarakhand will also be present in the programme. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo During the Global Investor Summit held in Dehradun in December 2023, a total of 1,779 agreements worth Rs 3,57,693 crore were signed, which are expected to create 81,327 new jobs in the state. "On the basis of these MoUs, an investment of Rs 1 lakh crore has been realised in the state so far," Dhami said at Rudrapur where he came to review the preparations for the investment festival. Live Events "The investment related agreements made with the industry groups during the investor conference are now rapidly coming to the ground. This is also creating new employment opportunities in Uttarakhand . We are providing all possible assistance to set up industries. With strong infrastructure, peaceful environment, Uttarakhand has emerged as the choice of investors," the chief minister said. During the Global Investor Summit, 157 MoUs (memorandums of understanding) worth Rs 1,03,459 crore were signed in the energy sector, out of which an investment of Rs 40,341 crore has been realised, according to an official release. In the industrial sector, out of 658 MoUs worth Rs 78,448 crore, an investment of Rs 34,086 crore has been realised. The housing sector, which saw 125 MoUs worth Rs 41,947 crore, an investment of Rs 10,055 crore has been realised, it said. Similarly, in the tourism sector, an investment of Rs 8,635 crore has come in out of the total 437 MoUs worth Rs 47,646 crore, The higher education sector has received an investment of Rs 5,116 crore out of 28 MoUs worth Rs 6,675 crore, while an investment of Rs 3,292 crore has landed in other sectors out of the total 374 agreements worth Rs 79,518 crore, the release said.
Emirates 24/7
25-02-2025
- Business
- Emirates 24/7
Hamdan bin Mohammed receives Hazza bin Zayed in Dubai
- Sheikh Hamdan also met with delegation attending Bank of America's Global Investor Summit in Dubai to discuss key global market trends His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, in the presence of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE, met today with His Highness Sheikh Hazza bin Zayed Al Nahyan, Ruler's Representative in Al Ain Region. The meeting, held at Al Mudaif Majlis in Union House, Dubai, was also attended by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council; Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture); along with a number of sheikhs, ministers, dignitaries, senior officials, as well as a distinguished group of businessmen and investors. Discussions during the meeting reviewed the UAE's ongoing comprehensive and sustainable development projects across various sectors, driven by the visionary leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE; and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Their Highnesses the Supreme Council Members and Rulers of the Emirates. Their Highnesses also discussed the synergy between federal and local entities, focusing on enhancing government operations and improving the quality and efficiency of public services for citizens, residents, and visitors. This synergy further solidifies the UAE's position in global competitiveness rankings, underscoring the nation's dedication to human well-being and its commitment to upholding the highest standards of living as a cornerstone of its development strategy. Additionally, Sheikh Hamdan met with top global investors from prominent institutions currently visiting Dubai as part of a high-profile delegation attending Bank of America's Global Investor Summit (GIS). Hosted by the bank's Global Markets Division, the event brough together the world's leading financial experts and thought leaders to discuss key market trends. Follow Emirates 24|7 on Google News.
