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India will get its growth back, PM Modi tells industry, calls for more ‘Made in India’ products ‘for world’

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As the Centre’s three-phase unlock plan kicked in after the end of the fourth phase of the national lockdown on Monday, Prime Minister Narendra Modi on Tuesday said India took the right steps at the right time and exuded confidence that the country will definitely get its growth back.

PM Modi was addressing the annual session of top industrial body, the Confederation of Indian Industry (CII), his first speech on economy since the country entered Unlock 1.0.

He said, on one hand today, the government has to fight the deadly Coronavirus. while on the other, it has to stabilise and speed up the economy.

“In this situation, the CII has started the talk of ‘Getting Growth Back’, he said, but asserted that he would rather say “Yes ! We will definitely get our growth back.”

The Prime Minister said that the Coronavirus may have slowed the country down, but in reality, India has entered Unlock 1 and getting growth back has already started.

“I have faith in India’s innovation, industry leaders, all of you. India will get its growth back,” he added.

The Prime Minister further said that strengthening India by strengthening economy amid COVID-19 fight is among the government’s highest priorities.

He said to bring India back on track for fast-paced growth, five things are very important, which are “Intent, Inclusion, Investment, Infrastructure and Innovation”.

“For us, reforms means having the courage of taking bold decisions and then ensuring that it is implemented in a time-bound manner. We have been working continuously to create a favourable ecosystem for investment and business.”

Prime Minister Narendra Modi, in his address, said the Government is trying to maximise opportunities for micro, small and medium enterprises (MSME).

Asserting that MSMEs are the engines of India’s overall growth, PM Modi said, “We all know how MSMEs are key to India’s economy. But for a long time there had been a need to define MSMEs and increase its scope to allow it to row. That has now been done. The decisions taken on MSMEs will be the fuel that will power the sector to grow exponentially.”

He further stated that getting growth back is “not that difficult”. He said the most important thing for indutrial units is to have a clear path – “a path paved by a ‘self-reliant’ India”.

PM Modi also called for the need to develop more and more “Made in India” products that are “made for the world”. “We have to focus towards reducing imports,” he added.

He said the private sector is a big partner in ensuring India’s growth.

“Develop concepts, think big, and together we will build a self-reliant India. We can do it. If you have the belief and do your bit, and we do ours, then India will rise to be a key business player globally,” the Prime Minister said while addressing the CII Annual Session 2020.

He said the rest of the world holds India in high regard and has trust in the country. “The world is looking for a trustworthy partner. India has the potential and capability to ensure that we are that partner,” he added.

“We will take structural reforms that will change the course of the country. We will together build self-reliant India,” PM Modi concluded.

Prime Minister Narendra Modi’s address on economic growth comes a day after he chaired a Union Cabinet meeting, wherein the Centre approved Rs 20,000 crore subordinate debt for stressed MSMEs.

Union Minister Nitin Gadkari informed that the Cabinet has approved modalities and road map for implementing two packages for MSMEs – Rs 20,000 crore package for distressed MSMEs and Rs 50,000 crore equity infusion through Fund of Funds.

Further widening the definition of micro, small and medium enterprises, the Union Cabinet on Monday announced that entities with turnover up to Rs 250 crore or investment up to Rs 50 crore will qualify as medium enterprises.

Under the Aatmanirbhar Bharat package, the government has done away with the distinction of services and manufacturing MSME.

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4 arrested for sexual assault of spa employee

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Image: Pexels.com

Delhi Police captured four individuals after a worker of a spa center in Delhi’s Pitampura claimed she was molested and sexually exploited by its manager and a client.

A 22-year-old woman complained of rape in a spa center at Delhi’s Pitampura on Thursday.

Authorities from Maurya Enclave police station hurried to the spot and started the examination.

“On August 4, a PCR call was gotten at PS Maurya Enclave in regards to rape with a lady at a Spa Center, Pitampura Delhi. The police promptly arrived at the spot (the ocean spa center) where a victim aged 22 years along with her husband were present external the spa center and complained in regards to rape on her by the manager of the spa center and client,” said police.

She was sent to the hospital for her clinical assessment. A counselor from DCW visited her.

“She expressed that on June 30 she joined the spa on August 4 at around 6 p.m. one client came there along with the manager Rahul and requested sexual favors. Rahul offered her a soft drink, after drinking it she felt tipsy and both raped her,” said police.

A case under Sections 354A/328/376 D of IPC was registered and both the accused persons were arrested.

Source: ANI

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Gold medalist boxer became a robber in Delhi, arrested with two companions

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A burglary group has been busted in Delhi. A boxer was likewise remembered for this posse, who has additionally won gold decorations in certain contests. This posse of three individuals used to complete stealing from Baba Haridas Nagar of Delhi.

The group had looted a lady’s mobile phone in Baba Haridas Nagar on August 1. when the lady was getting back from work. The lady had let in her protest know that three unidentified individuals who had come on the motorcycle grabbed her mobile phone and took off. The police began the examination of the matter. Some CCTVs were additionally checked and individuals around were likewise addressed.

Then, at that point, on August 4, two individuals wandering in a similar region were gotten by the police. The first gave his name as Ankit (age 19 years) who hails from Jhajjar, Haryana. The other’s name is Shivam Kumar who lives in Sainik Enclave. He is additionally 19 years of age. The third is being told as a minor. The person who is there Ankit is a boxer. During interrogation, a stolen cell phone was also recovered from them.

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Unclaimed Bag, Tiffin Box in Delhi’s Rohini Spark Alarm But Nothing Suspicious Found

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Representational Image | Image Source: PTI

An unclaimed bag was found in Rohini region in delhi on Thursday, sending the security organizations like the special cell and bomb detection team soon to reach the spot and launched an investigation, police said.

After a careful review of the area, nothing suspicious was tracked down.

As per authorities, An unclaimed bag was tracked down in the parking lot close to DC Chowk, Rohini Sector-9.

A bomb identification and removal crew and sniffer canines had looked through the area, but it turned out to be a false alarm.

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