I disagree with both views. For one, we all need a stable and peaceful neighbourhood to concentrate on national development. I also believe that countries do better when the entire region moves together. I said at the SAARC Summit that barriers of boundaries inhibit progress; international partnerships give it speed. That is why we see a rising tide of regional integration and cooperation across the world. Our region is rich in resources. We constitute a large market. We complement each other. Therefore, our cooperation can be of huge benefit to all of us. There are already powerful examples in South Asia that show us that difference in size is no constraint to beneficial partnerships, if we use our strengths and seize our opportunities. Bhutan benefits from hydropower exports to India. Nepal has significant manufacturing exports to India – in part driven by Indian investors. Infrastructure, energy, supply chains, traditional handicrafts, modern manufacturing, tourism and services – there are no limits to our possibilities.
I hardly need to tell this informed audience about the transformation unleashed in India over the past ten months. There is new purpose and clarity in our policies; a new vision for inclusive development; new standards in our governance; and, a new level of energy in our economy. Last quarter, India was the fastest growing global economy. We are confident that we can grow even faster. The progress of one-sixth of humanity is a major economic opportunity for the world. The global confidence in India has been restored. The world’s engagement with India is at a new level. But, the first claim on us should be that of India’s neighbours. And, I will be happy if India is a catalyst for economic growth in our own region. That is why I speak of a neighbourhood where trade, investment, ideas and people move easily across the borders. And, as I said in Kathmandu, Nepal, in November, India will do its part for the region. We will work to integrate our markets more. We will make trade smoother and possible through the most direct routes. We will invest in regional connectivity. And, we will share our capabilities in science and technology with South Asia, from advanced medicines to disaster management or space science.
As a friend and neighbor, we attach the highest importance to Sri Lanka’s economic progress. Sri Lanka is a nation of many achievements and great strengths. It has education, skills and enterprise. It has an excellent location. And, it has won peace now. Sri Lankan businesses have shown that they can compete with the best in the world. Our garments and tea industry know that! We are pleased to be Sri Lanka’s largest trading partner and one its largest sources of investment. Our Free Trade Agreement in 2000 was a pioneering initiative in the region. It has given a big boost to our trade. Sri Lanka’s exports to India have grown sixteen times – yes, sixteen times – since then. This is impressive by any standards. I know there are concerns here about the huge trade imbalance. I am prepared to work with you to address them. I want balanced growth in trade. We will try to make it easier and smoother for you to access the Indian market. That is part of my philosophy of ease of doing business in India. Our agreement on Customs cooperation is a step in that direction.
India is opening up to the world. We offer duty free access to Least Developed Countries, including in South Asia. And, India has Free Trade Agreements with ASEAN and others. We should ensure that Sri Lanka does not fall behind in the changing and competitive world. That is why India and Sri Lanka should move boldly to conclude a Comprehensive Economic Partnership Agreement. You should also attract investments from India for exports to India. That should be the natural outcome of our proximity and your strengths. Indian investments can also upgrade and expand your infrastructure. It is also natural that Indian investors are more likely to invest here because of familiarity and proximity. They are already here. And, I know that there are many large commitments in the pipeline. They are looking for your support. During this visit, I am pleased with progress on Sampur Thermal Power Project and the Trincomalee Oil Farm. That is good for Sri Lanka’s energy security and for our partnership.
Sustainable development of the Ocean Economy can be a huge area for cooperation. I also believe that when we connect the lives of people, we strengthen the bonds between nations. We have extended visa on arrival facility to Sri Lanka from April 14. We should do more to connect our countries by air and sea. India and Sri Lanka were, in some ways, better connected in the past than we are now! In the past, a person could buy a rail ticket in Colombo and travel to Chennai by rail and ferry! Air India’s decision to launch direct flight between our capitals will help reverse that trend. Tourism unites people and creates economic opportunities. India is already the biggest source of tourists here. We will work together to increase that flow. In conclusion, let me return to the point I had made at the beginning. India’s progress gives us the ability to create opportunities for our neighbours. Our development partnership has injected commitments of 1.6 billion dollars in assistance from India. That has helped rebuild and upgrade infrastructure in Sri Lanka.
Today, we have offered another Line of Credit of about 318 million dollars for the railways sector. Reserve Bank of India has agreed to provide Central Bank of Sri Lanka a currency swap arrangement for 1.5 billion dollars. This will increase the stability of Sri Lankan Rupee. It is not just in development partnership. We will also be supportive in advancing your commercial interests. I believe in Sri Lanka’s capabilities. We should engage more. We should open up to each other more. We should move forward with greater belief in our own strengths; more trust in each other; and, with more confidence in the fruits of our partnership. As I was saying before, Sri Lanka has the potential to be our most important economic partner in the region. We count on your support to make it happen.
At the Press conference the Vice President Mr Tharminder Singh and other delegates of the company communicated about the innovative products like Night Vision Color Camera- In Complete darkness can be seen in Full Color with High resolution.
Optical Medical Band Aid –Using intense LED light, within ten seconds instant ready plastering Band Aid for broken bones which is immensely useful in case of disaster or War these products are of utmost importance for the society at the time of Disaster.He told the press that they can witness the products. where the company displayed State of the Art Technology and Innovations” at the IETF 2015
These products especially Color Night Vision Camera KC 2000 it aims at maximum perfect picture clarity especially at night that has a range of around 2kms ,indispensible for Defense, Police, Security, Surveillance Agencies especially in view the present scenario . This Camera is boon for Entertainment Industry, Environment Research, law Enforcement Agencies where it is difficult for the other cameras to carry the operations in normal course.Company plans to establish its Dealer Network in India and further plans to open the Services centers in the time to come.
]]>Several malls that have strata titles have low occupancy. The most important bane of these malls is the absence of proper mall management. And the most significant fall out of this is established domestic and international retailers staying away from the malls all together. The participation of mall management companies streamlines mall operations to a great extent. With 100 percent FDI being permitted in complet ed projects for operation and management of malls shopping complexes, some of these ‘strata title malls’ could have a better future.
Importantly, with 100 percent FDI being permitted in completed projects for malls, some of the foreign funds could buy out the existing small investors or HNIs and get the malls out of strata titles. Interestingly, some of the developers, have in the past as a risk mitigation strategy, sold a portion of the mall to investors and retained majority of the mall space. Some of these developers could very well raise foreign funds to buy out the investors and regain ownership over the malls.
]]>While reviewing the performance of EPFO for the month of October, 2014 today the Central P.F. Commissioner Shri K.K. Jalan, noted that October was a watershed month in many ways for EPFO. The Prime Minister of India on 16.10.2014 had launched the Universal Account Number (UAN) which will be used for facilitating portability of members’ PF account. Also, “Shram Suvidha Portal” was also launched by the Prime Minister for ushering him an objective and system driven inspection regime. The portal has been operationalized and inspection notices have been generated and inspection reports uploaded.
The new measures to be taken regarding UAN were also discussed and deliberated at a high level meeting held in the month in which all the Zonal Additional CPFCs of EPFO were present. The issue of de-duplication of KYC records leading to de-duplication of multiple UANs, mechanism for allotting UAN to fresh members, UAN facility for those who are not employed currently, better dissemination of UAN, involvement of Aadhar Registration Agencies etc. were deliberated and directions issued.
With a view to extend the benefits of the Act and Schemes to contract and construction workers, two Sub committees of the Central Board of Trustees, one on construction workers and the other on contract workers were constituted during the month. The Committees shall look into the mode and mechanism for enrolling the workers in the construction industry as well as to fill the coverage gap of workers employed on contract in public and private sectors. Earlier, directions were already issued to the Zonal Addl. Central PF Commissioners to meet the Labour Commissioners of their respective states regarding the issue of coverage of contract workers. Focus is also laid on contract workers working in the government sector, but are devoid of any PF benefits.
October also saw the facility of International Workers being able to get their terminal benefits in overseas bank accounts as EPFO has formalized an agreement with the SBI for facilitating the same.
]]>President Thein Sein said that as India grows and develops, Myanmar would also benefit. The possibility of India investing in Special Economic Zones in Myanmar was discussed. Investment in the oil and gas sector in Myanmar, and India’s assistance in development projects in the agriculture and skill development sectors also came up for discussion. Narendra Modi recalled the warm communication he had received from President Thein Sein as he assumed the office of the Prime Minister. President Thein Sein congratulated the Prime Minister and said he had been closely following events in India, and also followed the development model of Gujarat when Shri Narendra Modi was Chief Minister.
President Thein Sein invited Narendra Modi for a bilateral visit. He said there is a lot of commonality between the two countries and he sees the two countries as brothers. He also suggested that the Prime Minister visit Bagan and Mandalay. The Prime Minister accepted the invitation and also extended an invitation to President Thein Sein to visit India.
A New Business Concept
In India, usually, better services are not offered to women giving birth, and this makes entrepreneurs to start birthing boutiques. They decided to introduce special services for women during their pregnancy period.Surumy says, “I delivered my first baby in the US but for second delivery in India, I realised that the services for the expectant mother are not up to the mark in our hospitals. My personal experience seeded the growth of Motherhood.“Birthing is not a disease. It is a happy occasion for a family and there should be a healthy environment while birthing of a child. So we decided to open a birthing boutique centre in India.”
Services Offered in Birthing Boutique
Birthing boutique offers services like childbirth education sessions, yoga and Lamaze classes, mother and baby exercises, lactation, diet, and nutrition advice and counselling. Birthplace offers starts from the open and clutter free reception, which sends out a vibe of positivity the moment an expectant mother enters the place.Mamooty says, “Safe birthing experience in a homely environment where a mother’s needs and care are of primary importance and that the best service we provide to a mother.” “We not only take care of expectant parents throughout the process of pregnancy up until the baby is born, but also take care of their postnatal needs. Keeping in mind, the needs of the mother and the newborn, we offer a host of pre and post natal services,” says Sripurapu.
So let Birthing be a life time Experience.
]]>So what really went wrong and what it means for the Future Business? Online Shopping is getting Bigger in Indian in terms of Sales Volume at the cost of Trust of Customer. Logistics companies associated with the business are saying that the Inventories and Merchandise capacity are much lower than actual Demand and such mega Online sales day ,On the other hand Companies like Future Group and other Vendors have vehemently protested against strategy followed by Online Selling companies for Anti-competitive Measures for selling Products below cost price definitely consumers deserves better improved Deals .
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