Never miss a story

Get subscribed to our newsletter


×

Kolkata: Stating the nation could achieve an eight percent GDP growth, President Pranab Mukherjee on Saturday lauded the Narendra Modi government’s initiatives including Digital India, Make in India and Swachh Bharat which made India a lucrative investment destination.

“The political stability and government’s new initiatives like Swachh Bharat, Make in India, Digital India, Skill India, made India an attractive investment destination in the eyes of various countries,” said Mukherjee, while inaugurating the 185th Anniversary Celebrations of Calcutta Chamber of Commerce.


Mukherjee also said that a period of high growth, particularly in the middle years of last decade fuelled the augmentation of country’s GDP growth.

“Though in 2012-13 the country could only manage a growth less than five per cent, our economic growth in all the other years has not been less than 6.6 per cent. The country did have good years of growth in the past record, despite the fact that protracted global economic slowdown had affected the growth performance of all the major economies”, he claimed.

Mukherjee said, ”an invigorate manufacturing sector will further pave the way for bettering the economic performance.”

During the years 2005-06 to 2007-08 our economy grew by more than nine percent which was followed by the increment of exports in excess by 20 per cent.

Though exports have come down in the last three years, the decline in oil prices has also caused a diminution of the import bill, he said.

This had further assisted in keeping the current deficit at a tractable level of 1.4 per cent last year. The country was holding up its foreign exchange reserves at a comfortable level i.e. $353 billion as per the end of October.

“An integrated effort in this direction will surely help India to procure an eight percent GDP growth rate” he added.

(With inputs from agencies)


Popular

wikimedia commons

Tenali Raman, courtier to Krishnadevaraya (A portrait)

Tenali Ramakrishna, or Tenali Raman as he is more popularly known is Birbal's equivalent in South India. A court jester and a scholar exuding great wisdom, Tenali Raman was known as one of the greatest courtiers in King Krishnadevaraya's court.

The Vijayanagar Empire ruled a large part of South India between 1336 and 1646. In the 16th century, the kingdom rose to prominence under the eminent leadership of King Krishnadevaraya. His continuous victories against his enemies ensured a successful and peaceful reign for his subjects. As a patron of art and literature, many crafts and cultural assets thrived in the empire.

Keep Reading Show less
Photo by Pixabay

Battle at Lanka as mentioned in the Ramayana

It must be noted that different religions and societies in Southeast Asia have alternative narratives of Ramayana, one of the greatest epic.

Here are some of the versions of Ramayana!

Keep Reading Show less
Virendra Singh Gosain, Hindustan Times

Hijras are a community of people who include eunuchs, intersex, and transgender people

When a baby is born in an Indian household-they invite hijra to shower the newborn with their blessings for their blessings confer fertility, prosperity, and long life on the child. But when that child grows up we teach them to avert their eyes when a group of hijras passes by, we pass on the behaviour of treating hijras as lesser humans to our children. Whenever a child raises a question related to gender identity or sexuality they are shushed down. We're taught to believe that anything "deviant" and outside of traditional cis-heteronormativity is something to be ashamed of. This mentality raises anxious, scared queer adults who're ashamed of their own identity, and adults who bully people for "queer behaviour".

Hijras are a community of people who include eunuchs, intersex, and transgender people. They worship the Hindu goddess of chastity and fertility, Bahuchara Mata. Most hijras, but not all, choose to undergo a castration ceremony known as "nirvana" in which they remove their male genitalia as an offering to their goddess. The whole community is vibrant with hundreds of people with hundreds of ways of expression, the true identity of a hijra is complex and unique to each individual. In India, hijras prefer to refer to themselves as Kinner/Kinnar as it means the mythological beings who excel at singing and dancing.

Keep reading... Show less