Sunday February 24, 2019
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‘Labour shut down to hit normal life in Karnataka’

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Bengaluru: Normal life will be affected on Wednesday across Karnataka in view of the day-long shut down called by trade unions in protest against the government’s anti-labour policies and in support of their demands, a union leader said. “About 15 lakh (1.5 million) workers, including employees of public and private sector enterprises, banks, insurance firms and labourers in diverse sectors, are participating in the strike across the state,” Karnataka’s CITU general secretary S. Prasanna Kumar said. As all employees of state-run and private transport corporations, members of taxi and auto unions have agreed to join the strike, buses, taxis and autos will be off roads in cities and towns across Karnataka, especially in Bengaluru, Mysuru, Mangaluru, Hubballi, Hassan, Belagavi and Kalaburgi.

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“Though it is a 24 hour strike for us (trade unions), transport workers have assured us they will not ply vehicles, including buses, cabs and autos from dawn-to-dusk (6 a.m.-6 p.m.) in cities and towns as they are also against the Road Transport and Safety Bill, 2014, as it is draconian, anti-labour and regressive,” Kumar asserted. The unions, however, exempted movement and supply of essential commodities, including milk, vegetables, groceries, hospitals, nursing homes and ambulances from the strike. “We expect schools and colleges to remain closed in the absence of public and private transport, and hope private firms also extend support to our cause,” Kumar added. About 50,000 bank employees, including about 20,000 in Bengaluru, are also participating in the all-India shut down. “All employees of state-run, regional, rural, cooperative banks working in about 4,000 branches across the state will be on strike,” Bank Employees’ Federation of India (Karnataka) general secretary Ratnakar Shenoy said. Though officers of all banks, including the State Bank group are not participating in the strike, they are extending support to the employees in support of their demands, besides expressing solidarity with labour unions.

“We are participating in the strike to protest against the government’s anti-labour policies through new amendments, increasing privatization, outsourcing and contracts, FDI policy, lowering state holding in public sector banks up to 33 percent from 51 percent in some nationalized banks,” Shenoy said. About a lakh employees and workers from across the state will assemble at Town Hall in the city centre to participate in a massive protest demonstration organised by various central and state trade unions. Members of 10 trade unions and their affiliated labour organisations have called for the day-long strike after many rounds of talks failed on ensuring Rs.15,000 minimum wages and social benefits for millions of workers in the organised sector.

(IANS)

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Now India is One of The Most Open Countries for FDI: Narendra Modi

Modi had conceptualised the summit as Gujarat Chief Minister in 2003 to position the state as an ideal investment destination after the 2002 riots.

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Prime Minister Narendra Modi on Friday said that his government had made doing business in India easier, cheaper, faster and smarter with his term accounting for almost 45 per cent of the Foreign Direct Investment (FDI) that the country received in the last 18 years.

Speaking at the inaugural function of the Vibrant Gujarat Global Summit 2019 here, he said India was now one of the most open countries for FDI with over 90 per cent approvals put on the automatic route.

“In the last four years, we have received FDI worth $263 billion. This is 45 per cent of the FDI received in last 18 years,” Modi told the gathering.

He said India was among the top 10 FDI destinations.

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PM Speaks on FDI www.news.civilserviceindia.com

Modi, who is on a three-day visit to his home state to throw open his pet biennial Vibrant Gujarat Global Summit, said the India of today was a land of “immense opportunities” being the only place that offered democracy, demography and demand.

“Fifty cities in India are ready to build metro rail systems. We have to build 50 million houses. The requirement of road, rail and waterways is enormous. We want world class technologies to achieve our goal in a faster and cleaner way. India is thus, a land of immense opportunities.” he said.

The Prime Minister said the challenge for India, as in most emerging economies, was to grow horizontally as well as vertically to ensure that the benefits of development spread to regions and communities that have lagged behind while also meeting enhanced expectations in terms of quality of life, quality of services and quality of infrastructure.

“We are well aware that our achievements, here in India, will directly impact one sixth of humanity.”

Modi said his government had removed the barriers which were preventing India from achieving its full potential and now it was ready for business like never before.

The government has made doing business easier. cheaper, faster and smarter, he said.

“In the last four years, we have jumped 65 places in the global ranking of World Bank’s Doing Business Report. From 142 in 2014 to 77 now, but we are still not satisfied. I have asked my team to work harder so that India is in the top 50 next year.

“We have also made doing business cheaper. The historic implementation of Goods and Services Tax and other measures of simplification and consolidation of taxes have reduced transaction costs and made processes efficient.

“We have also made doing business faster through digital processes, online transactions and single point inter-faces,” he said.

According to LocalCircles, each person who voted in the survey is registered with the portal with their detailed information and in many cases they shared their residential address.
Doing business in India now easier, cheaper, faster, smarter: Modi

He said his government had made doing business smarter by insisting on IT based transactions and digital payments including direct transfer of government benefits.

Modi added that he understood that being a young nation, India needs to create job opportunities and better infrastructure, which are both linked with investments.

“Therefore, in recent years, there has been unprecedented focus on manufacturing and infrastructure,” he said.

Listing the achievements of his government, he said for the first time, India had become a net exporter of electricity, had installed transmission lines at an unprecedented pace and had doubled the speed of road construction with rural road connectivity now at 90 per cent.

Also Read: PM Narendra Modi to Unveil National Film Museum in Mumbai

“At 7.3 per cent, the average GDP growth, over the entire term of our government, has been the highest of any Indian government since 1991. At the same time,the rate of inflation at 4.6 per cent is the lowest for any Indian government since 1991, when India began its process of liberalisation,” he said.

Modi had conceptualised the summit as Gujarat Chief Minister in 2003 to position the state as an ideal investment destination after the 2002 riots. (IANS)