'Make in India' woos more FDIs, says Nirmala Sitharaman

Union commerce minister at 'Sab Ka Sath Sab Ka Vikas' in C'Magaluru

The Centre’s ambitious ‘Make in India’ concept to promote native products has helped attract more foreign direct investments (FDI), said Union Commerce Minister Nirmala Sitharaman.

She was addressing the gathering at the ‘Sab Ka Sath Sab Ka Vikas’ programme organised to celebrate three years of the BJP-led National Democratic Alliance (NDA) rule at the Centre, the minister said that the country has logged on to better progress in FDI in the current fiscal as against 18% progress in the previous fiscal. The surge in foreign investments alludes to perpetuating economic growth for better, the minister added.

On corruption posing a threat to economic prosperity, however, the minister said that timely action to check bogus ration cards alone has saved Rs 48,000 crore for the exchequer, as it is the duty of any government to check pilferage of public money.

“The Prime Minister Narendra Modi-led government is committed to providing corruption-free administration. It is already evident through various programmes implemented successfully by the government in the last three years. In another two years, when the government completes its full five-year team, more visible changes can be witnessed. The archaic procedures that were impeding the machinery have been given a go-by, with the prime minister firm on taking the country towards the path of progress,” said the minister.

For reforms
MLA C T Ravi, in his presidential remarks, said, “The central government is not working for the sake of power but to bring in reforms in the country. Effortbeing made to ensure that each and every facility reaches the last mile man.”

The MLA added that the Centre is implementing programmes to ensure housing facilities for people from economically weaker sections at least by 2022.

Ravi also listed out the programmes implemented by the government, like ‘Jan Dhan’, ‘Start Up’, ‘Make in India’, Swacch Bharat’ and ‘Phasal Bhima’, followed by demonetisation of high value currency notes and insurance schemes to ensure social security of the beneficiaries.

KV this year
Udupi-Chikkamagaluru MP Shobha Karandlaje said, “Kendriya Vidyalaya will start functioning from the current academic year, with a principal already having been appointed to the school.”

She added that the district has been allocated an estimated Rs 19.5 crore has been allocated under National Rural Health Mission (NRHM), followed by Rs 71 crore for toilets. Under the Rashtriya Ucchattar Shiksha Abhiyan (RUSA), Rs 43 lakh has been sanctioned to PU colleges and Rs 51 lakh for degree colleges.

A video highlighting three years of achievement of the BJP-led NDA government was also screened, followed by the distribution of facilities to the needy.
 

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry