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PM Narendra Modi offers $1-trillion investment opportunity to UAE

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Abu Dhabi: Prime Minister Narendra Modi on Monday urged top UAE businesses to invest in India, saying the country provides a $1 trillion potential.

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Addressing an investors meet in Masdar City, a zero carbon city, Modi also promised to erase the deficit of prime ministerial interactions of the past 34 years. Indira Gandhi was the last prime minister to visit in 1981.

He said that though there are 700 flights between India and the UAE but it took 34 years for an Indian prime minister to visit, adding: “I promise this will not happen again.”

He said in India’s agriculture sector, “we need cold storage network and warehousing network where UAE businesses have an advantage”.

“Infrastructure development and real estate offer tremendous opportunities for UAE businesses in India,” he added.

Modi said he was told about some problems being faced by UAE businesspersons and added: “I want to assure we are solving these problems.”

He said he will send the commerce minister to try and find solutions to the problems being faced by some UAE investors.

He said that “UAE’s power and India’s potential can make the dream of an Asian Century a reality”.

“It is now commonly believed that India is one of the fastest growing economies. There are several opportunities of development in India. I feel India is a land of many opportunities. The 125 crore people of India are not a market but they are a source of great strength,” he said.

(IANS)

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Prime Minister Narendra Modi to Form Committee on ‘One Nation, One Election’

He said that members of all the opposition parties present at the meeting supported the idea barring the CPI and CPI-M

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Narendra Modi.

Prime Minister Narendra Modi in an all-party meeting on Wednesday said that a committee will be formed to look into the various issues regarding the “one nation, one election” plan.

Defence Minister Rajnath Singh told this to the media after the conclusion of the meeting which lasted for over three-and-a-half hours.

Singh said that five major agendas were discussed in the meeting, including the “one nation, one election” agenda.

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India’s Prime Minister Narendra Modi waves toward his supporters during an election campaign rally in New Delhi, May 8, 2019. VOA

He said that members of all the opposition parties present at the meeting supported the idea barring the CPI and CPI-M.

“Only CPI and CPI-M expressed difference of opinion, saying how it could be implemented,” the Defence Minister said.

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Over 40 parties were invited for the meeting in which 21 party chiefs participated while three expressed their inability to join the meeting citing some reasons, Singh added. (IANS)