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Amit Shah: India to be Third Biggest Economy in Next Five Years

Prime Minister Narendra Modi had taken the country's economy to the fifth position from the 11th position

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Shah said: "I am presenting the resolution to revoke Article 370 in Jammu and Kashmir except the first clause 370 (1)." Wikimedia Commons

Union Home Minister Amit Shah on Sunday said that in the next five years, India would be the third biggest economy in the world. Shah was speaking at the second ground breaking ceremony in Lucknow which saw the launch of more than 250 projects worth Rs 65,000 crore.

He said that in the past five years, Prime Minister Narendra Modi had taken the country’s economy to the fifth position from the 11th position. The Home Minister added that Uttar Pradesh Chief Minister Yogi Adityanath had translated dreams into reality in a short period and congratulated him for improving the atmosphere in the state, including the law and order situation.

He also said that Uttar Pradesh was all set to play a major role in the country’s economy. Adityanath said that he had made concerted efforts to establish connect with capitalists and industrialists. He said that the investment of Rs 65,000 crore would create three lakh jobs in the state.

modi, amit shah, india, economy
Prime Minister Narendra Modi had taken the country’s economy to the fifth position from the 11th position. Wikimedia Commons

Uttar Pradesh Industrial Development Minister, Satish Mahana, said: “The first ground breaking ceremony last year was highly successful and this time more than 250 projects worth around Rs 65,000 crore are being announced. Out of the projects that were announced in the first ceremony, only two projects could not be started due to policy related issues. Other projects have materialised.”

Yusuffali MA, Chairman and Managing Director of the Lulu Group, said: “We have 174 shopping malls across the country. It was decided by us to open a mall in northern India and we have chosen to invest in Lucknow. When I met Yogi Adityanath with the proposal, he decided to provide us every possible help. This is how an investor gets confidence. Many industrialists are participating in the second ground breaking ceremony and are ready to invest because of support from the state government.”

Eminent cardiologist Naresh Trehan told reporters, “We have planned to lay the foundation stone for a 700-bed hospital in Noida. In future we will also build institutions like Medanta in Varanasi and Gorakhpur which are in eastern part of the state. The ground breaking ceremony has created a healthy environment for investment and is undoubtedly going to be a huge success.”

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Yogi said that the investment of Rs 65,000 crore would create three lakh jobs in the state. Flickr

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PepsiCo India, on Sunday, said it plans to invest Rs 514 crore over the next three years to set up a greenfield snacks manufacturing plant in Uttar Pradesh. The new investment plan is in line with PepsiCo’s goal to double its snacks business in the country by 2022 and it is expected to help create over 1,500 jobs, both direct and indirect.

PepsiCo India President and CEO Ahmed ElSheikh said: “PepsiCo is committed to growing its food and beverage business sustainably in India. We have a long relationship with the people of Uttar Pradesh. As we look to double our snacks business over the next few years, we intend to invest Rs 514 crore approximately to expand our footprint in Uttar Pradesh.” (IANS)

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Vivo Unveils New V17 in India For Rs 22,990

The smartphone packs 8GB RAM+128GB storage and will be available in Midnight Ocean and Glacier Ice colours

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Vivo V17
The Vivo V17 is powered by the Qualcomm Snapdragon 675AIE processor, which requires low power consumption. IANS

Refreshing its V series in India, Chinese handset maker Vivo on Monday launched its Vivo V17 smartphone in India with quad-camera set up for Rs 22,990.

The smartphone houses a 32MP front camera which is placed into in the “iView” display with E3 super AMOLED screen.

“V17 is the latest addition to our flagship V series which has been phenomenal for vivo’s success in the Indian market. Centered on innovation and customer-first philosophy, Vivo’s V series has introduced quite a few industry-first features and we continue to bring the best for our customers at best price points,” Nipun Marya, Director Brand Strategy, Vivo India, said in a statement.

The smartphone packs 8GB RAM+128GB storage and will be available in Midnight Ocean and Glacier Ice colours.

It will be avilable starting December 17 on Vivo India E-store, Amazon India, Flipkart, Paytm mall, Tatacliq and Bajaj Finserv EMI Store, and across all partner retail stores.

The smartphone’s quad rear camera set up consists of a 48MP main camera, an 8MP super wide-angle camera and 2MP macro camera and 2MP bokeh camera.

The customised super AMOLED display is made of the latest E3 OLED and features an aspect ratio of 20:9.

Vivo V17
Refreshing its V series in India, Chinese handset maker Vivo on Monday launched its Vivo V17 smartphone in India with quad-camera set up for Rs 22,990. Wikimedia Commons

It also offers 100 per cent DCI-P3 colour gamut and according to the company, the smartphone filters out 42 per cent of blue light.

The Vivo V17 is powered by the Qualcomm Snapdragon 675AIE processor, which requires low power consumption.

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The smartphone runs on a 4,500mAh battery that comfortably lasts all-day long despite intensive usage coupled with Dual-Engine fast charging technology. (IANS)