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Prime Minister Narendra Modi welcomes the Election Commissions Proposal to Ban Anonymity behind Donations of more than Rs 2,000 to Political Parties

EC recommended to slash the limit for accepting anonymous donations to Rs 2,000 from the current Rs 20,000

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Prime Minister Narendra Modi paid homage to the brave hearts who lost their lives in 2001 Parliament attck
Prime Minister Modi in a garden Wikimedia
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Kanpur, December 19, 2016: Welcoming the Election Commissions proposal to ban anonymity behind donations of more than Rs 2,000 to political parties, Prime Minister Narendra Modi on Monday assured it of implementing measures aimed at preventing black money infiltrating the electoral process.

Addressing a party rally in this industrial city of Uttar Pradesh, Modi accused the opposition of avoiding a debate in Parliament over the issue of political donations and asked the poll panel to continue its endeavour at electoral reforms.

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“During the all-party meeting, before the winter session of Parliament, I had urged for a debate on political donations. People are full of mistrust about the donation to political parties and we must debate on the issue on how to remove this mistrust,” he said.

“People have distrust for politicians over political donations and it is our responsibility to ensure that they do not have any reason to point fingers at political parties over donations,” he added.

Modi said that he and his Bharatiya Janata Party (BJP) wholeheartedly welcome the EC’s recent recommendation to slash the limit for accepting anonymous donations to Rs 2,000 from the current Rs 20,000.

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He also advocated simultaneous conduct of the general and assembly elections and yet again flayed the opposition for running away from a debate in Parliament over the issue.

“I also had called for debates on the possibility of simultaneous conduct of general and assembly polls. Due to polls at different times not only are there opportunities of corruption but they also stall development and create tension among people.”

“But there was no debate on these two important issues because the opposition did not allow Parliament to function. They did this because they wanted to avoid any debate on this,” he said.

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Calling on the poll panel to continue its bid to cleanse polls of black money, Modi assured the panel of implementing the recommendations in the interest of the country.

“I urge the EC to take further steps in this regard, call for discussions with all the parties and whatever recommendations come out which are in the interest of the country, which are for the sake of honesty and transparency, this government will implement that,” he added. (IANS)

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Vivo To Invest Rs 4,000 Crore For New Plant in Uttar Pradesh

There are currently more than 70,000 retailers in India where Vivo phones are available and the company has more than 200 exclusive stores and two experience centres

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Vivo announces Rs 4,000 crore investment for new UP plant. (IANS)

Chinese smartphone maker Vivo on Thursday announced an additional investment of Rs 4,000 crore over a period of four years for opening a new manufacturing plant on the Yamuna Expressway in Uttar Pradesh that will generate 5,000 jobs in its first phase of expansion.
The new 169-acre land has been acquired near the existing 50-acre manufacturing facility that will help expand Vivo’s manufacturing capabilities and support its continued growth in the country, the company said in a statement.

The Rs 4,000-crore investment, which does not include the cost of the land, will also spur job opportunities in the region, added Vivo that entered India in 2014.

“India is a key market for us, and today we have reiterated our commitment by entering the next phase of growth in India. We’re proud that the new plant will offer a major benefit to the surrounding area through high-quality job creation and training opportunities,” said Nipun Marya, Director-Brand Strategy, Vivo India.

According to the company, Chief Minister Yogi Adityanath welcomed the initiative and congratulated it.

Currently, all Vivo smartphones sold in the country are being manufactured at the Greater Noida facility, which is one of Vivo’s four manufacturing factories globally.

The existing manufacturing set-up, which saw an investment of Rs 300 crore, produces two million units a month, with more than 5,000 people at work.

With the new facility, Vivo aims to double the current production capacity to 50 million units per annum.

Vivo
Currently, all Vivo smartphones sold in the country are being manufactured at the Greater Noida facility, which is one of Vivo’s four manufacturing factories globally.

This is the second big-ticket investment from a global smartphone maker in Uttar Pradesh.

In 2017, Samsung announced that it would invest Rs 4,915 crore to double its manufacturing capacity for smartphones and refrigerators at its Noida plant.

The South Korean giant in July set up one of the world’s largest mobile manufacturing facilities in Noida, Uttar Pradesh, which was inaugurated by Prime Minister Narendra Modi and South Korean President Moon Jae-in.

When it comes to Vivo, the company was third with 10 per cent market share in India, after Xiaomi and Samsung, in the third quarter this year. Vivo performed exceedingly well in offline channels, said Counterpoint Research.

Marya told IANS in a recent interview that in terms of value, Vivo is the leader in the Rs 20,000-Rs 30,000 segment and overall No. 2 in the Indian smartphone market for the past 18 months.

Also Read- Oracle Witnessing Double-Digit Growth in India For Past 3 Years

According to him, the brand awareness of Vivo, which bagged the title sponsorship for five consecutive sessions of Indian Premier League (IPL) starting this year with a whopping Rs 2,199 crore bid, is 100 per cent.

There are currently more than 70,000 retailers in India where Vivo phones are available and the company has more than 200 exclusive stores and two experience centres.

“When we entered India, we were very clear that we wanted to build a very strong foundation here. And four years after entering the Indian market, we stay totally committed to the country,” he said. (IANS)