Friday, 01 July 2022

 

 

LATEST NEWS Kangana Ranaut Takes Jibe At Uddhav Thackery's Resignation. Says, ‘When Sin Increases, There Is Destruction’ The Gita does not belong to a single religion, it is a book giving the essence of humanity to the whole world : Dr. Mohan Bhagwat Statue of Viraat Swaroop of Lord Krishna unveiled in Jyotisar, Kurukshetra Shrimad Bhagavad Gita is scripture of all religions : Bandaru Dattatraya NASA’s James Webb Telescope To Release “Deepest Image Of Universe Ever” ENG v IND, 5th Test : Jasprit Bumrah to lead India in Edgbaston Test, Rishabh Pant to be his deputy Shireen Mirza gets candid about her negative role in 'Bohot Pyaar Karte Hai' Nia Sharma's new music video 'Paisa Paisa' is out Goalkeeper Arshdeep Singh signs two-year contract with FC Goa Shiv Sena faction leader Eknath Shinde to be CM, Devendra Fadnavis to stay out James Anderson returns, Sam Billings retains place in England's playing eleven for Edgbaston Test Vidyut Jammwal fainted while shooting for 'Khuda Haafiz: Chapter 2-Agni Pariksha' Milind Soman returns to music videos after 25 years with 'Shringaar' Ashok Gehlot meets Kanhaiya Lal's family, assures strict punishment for accused Dozens buried alive in massive Manipur landslide; rescue on Eknath Shinde to be new Maharashtra Chief Minister : Devendra Fadnavis Chick-flick 'The Patolas' gets its second season MS Dhoni, Eoin Morgan are very calm; nothing fazes them on or off the field : Moeen Ali Sanya Malhotra opens up on working with Rajkummar Rao in 'HIT: The First Case' Mayawati finds UP bypoll result 'encouraging' 'Taarak Mehta Ka Ooltah Chashmah' gets new 'Nattu Kaka'

 

India attracted $38 billion FDI despite pandemic : Amitabh Kant

5 Dariya News

Hyderabad , 09 Dec 2020

India attracted $38 billion inflow of Foreign Direct Investment (FDI) despite the world reeling under Covid-19 pandemic, said NITI Aayog CEO Amitabh Kant.He said that Niti Aayog has taken up various measures to attract FDI and has pushed limits in innovation. India is becoming an innovation-driven economy by removing regulatory barriers, he said, at a session titled 'Transformation of India with a focus on entrepreneur ecosystem' at TiE Global Summit.Stating India has grown as a technology country, he pointed out the country has world's second-largest start-up ecosystem, and spoke about various fronts on which the government is working to leverage technology for the benefit of India's 1.3 billion population.Kant said that India can build a number of tech products as it has skilled manpower and unique problems."The post Covid-19 era will be a world of technology, he said. India can be a tech garage for the world," he said.On data culture, data economy and artificial intelligence competence, Kant said that it is an evolving and fast-changing digital landscape. Though data privacy has been in the limelight, India needs data protection and data empowerment too, he added.He observed that India is data-rich but it has to be data-intelligent and find solutions to problems. He believes Artificial Intelligence can help add up to $957 billion to the Indian economy by 2035.Answering a question on women entrepreneurship, Kant said that the next big disruption in India will be led by women entrepreneurs. To transform India, we need to give a huge fillip to women entrepreneurship, he said.

During a conversation with Kiran Mazumdar Shaw Chairperson, Biocon, on "Delivering the vaccine: the big opportunity", Dr Krishna Ella, Chairman & MD, Bharat Biotech said that an intranasal vaccine for Covid will enter Phase 1 trials next month. He said the company was setting up two more facilities for manufacturing of vaccines including Covaxin, India's first indigenous vaccine for Covid-19."We need to vaccinate 1.3 billion people and they need to be vaccinated twice. So we need 2.6 billion syringes and needles. And we are worried about the pollution these devices generate," he said.The double doses of vaccine with a gap of one month in between may add more complexity to the distribution, he observed. Besides that, he says, it is the largest ever vaccination programme in the history of entire mankind.Another huge challenge will be the availability of medical devices such as auto disposable syringes, and needles required for the delivery of the vaccine. While demand is more, the supply is not in commensurate with the demand as companies have been working with far fewer resources.Earlier, Vice President M. Venkaiah Naidu, formally inaugurating the event, emphasised that fostering student-entrepreneurship through innovation programmes is extremely critical and universities need to establish close linkage with industries to mentor and handhold students with novel business ideas.The TiE is a Silicon Valley-based non-profit organisation supporting start-ups through networking and its Summit-2020 will be showcasing opportunities to get mega investments into India.Union Minister Nitin Gadkari said MSME is the backbone of the Indian economy. "It contributes to 30 per cent to our GDP, which we would like to increase to 40 per cent, similarly the exports... 48 per cent, we will take up to 60 per cent."MSME sector generates 11 crore employment. We will try and create 5 crore more jobs. Village industries contribute Rs 80,000 crore. This we must make it to Rs 5 lakh crore in the next two years," he said.Telangana's Industry Minister K.T. Rama Rao expressed his happiness to know that TiE is going to set up its global headquarters at Hyderabad. The minister enlisted some of the initiatives of the state in fostering entrepreneurship.

 

Tags: NITI Aayog , Hyderabad , Amitabh Kant , Foreign Direct Investment , FDI , NITI Aayog CEO Amitabh Kant

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD