by admin | May 25, 2021 | Corporate, Corporate Governance, News, Politics
Venkaiah Naidu
Agartala : Vice-President M. Venkaiah Naidu on Wednesday said that the GST and demonetisation were “revolutionary steps” taken by Prime Minister Narendra Modi, adding that many international institutions were highly appreciative of India’s growth.
“With the introduction of GST (Goods and Services Tax) and demonetisation, the Prime Minister took revolutionary steps. The GST revenue in April has crossed Rs 1.4 lakh crore, indicating high hopes for the new tax regime,” Naidu said in his convocation address at the Tripura University here.
He said: “Due to such reforms,India’s growth was projected around 9 per cent in 2022. Now is the era of LPG — Liberalisation, Privatisation and Globalisation. The mantra of our Prime Minister is Reform, Perform and Transform.”
Asking the students to learn and promote their mother tongue, the Vice-President said that if they wanted to go abroad they should study there but return to India to enrich its human resource.
“For higher education and any other purposes, English is not necessary. Respect your mother, mother tongue and motherland. British cheated our minds. People of many countries do not speak English. You can learn English, but not at the cost of your mother tongue.”
“Do not celebrate any festival in memory of Parliament attack convict Afzal Guru. Respect and celebrate the real “guru” (teacher) of your life. Don’t always go for Google search, replace Google by “guru.”
He also emphasised that horticulture, floriculture and cultivation of medicinal plants could hold great prospects for northeastern states.
The 11th convocation of the Tripura University was held after five years. As many as 142 scholars received Ph.D. degrees and around 400 students from many streams received gold and silver medals.
Vice-Chancellor Anjan Kumar Ghosh said that since 2015, the central varsity had decided to admit international students.
“Nearly a dozeen students from Bangladesh applied online and were admitted to various programmes. Now, students from Bangladesh are joining our Ph.D courses,” he added.
—IANS
by admin | May 25, 2021 | News, Politics
New Delhi : Vice President and Rajya Sabha Chairman M. Venkaiah Naidu on Monday rejected the Congress-led opposition’s notice for impeachment of Chief Justice Dipak Misra.
The decision was taken before the Supreme Court began its proceedings for the day.
While reviewing the notice, Rajya Sabha officials had mentioned that making public the contents of a notice before it is admitted by the Chair, is in violation of parliamentary rules, informed sources said.
According to the provisions in the handbook for Rajya Sabha members, no advance publicity should be given to any notice to be taken up in the House till it is admitted by the Chairman.
The Chairman in the morning held detailed consultations with the legal and constitutional experts on the impeachment notice moved by the Congress and six other opposition parties.
He had cut short his visit to Hyderabad and reached Delhi on Sunday as some of the experts he wanted to consult conveyed their availability of Sunday.
Among those consulted by the Chairman, included K.K. Venugopal and and his predecessor K. Parasaran.
He also spoke to former Lok Sabha Secretary General Subhash Kashyap, former Law Secretary P.K. Malhotra and former Legislative Secretary Sanjay Singh.
Former Secretary General of the Rajya Sabha V.K. Agnihotri was also consulted.
Apart from this, Naidu also held deliberations with senior officials of the Rajya Sabha. He also spoke to former Supreme Court judge B.S. Sudarshan Reddy.
The Congress had on Sunday appealed that the Chief Justice should himself consider recusal from judicial administrative work. It said the decision should come “voluntarily” following notice for his removal.
The impeachment notice was given by Congress and six other opposition parties on Friday for the removal of Chief Justice Misra on five grounds of “misbehaviour”.
The motion was signed by 71 parliamentarians out of which seven members had retired before the motion was submitted to Naidu.
—IANS
by admin | May 25, 2021 | Corporate, Corporate Governance
Venkaiah Naidu
New Delhi : Vice President M. Venkaiah Naidu on Thursday said the corporate sector should take up responsibility to help poor and underprivileged.
“The poor and underprivileged is a part of our rich cultural heritage. Helping the poor or uplifting poor is not only the responsibility of the governments but also the responsibility of corporate sector,” he said during an event of Amar Ujala Foundation here.
Amar Ujala Foundation has taken up a series of field activities that help underprivileged sections of the society, particularly the less advantaged including the disabled, he said.
Naidu also said that education and sanitation were important in the country and public sector, private sector and individuals also should contribute towards achieving this.
—IANS
by admin | May 25, 2021 | Economy, News, Politics
Venkaiah Naidu
Visakhapatnam : Vice-President M. Venkaiah Naidu on Saturday said that the demonetisation and Goods and Services Tax (GST) have led to improvement in India’s fiscal prudence and expanded the formal economy and the tax base.
Terming them the boldest and revolutionary moves by the government, he said despite their short-term hiccups, they were yielding results and would give further boost to the economy in the long-term
Addressing the CII Partnership Summit, which began in this coastal city of Andhra Pradesh on Saturday, he told the delegates that the Indian economy was now back on track and is on course to achieve higher growth in the coming years.
He said the demonetisation brought the money, hitherto lying idle, into the banking system and resulted in bringing down the interest rates. “The banks have reduced lending rates from 9.5 to 10 per cent to 8.25 per cent. People have learnt fiscal prudence,” he said.
“Any tough reform will face teething problems in the initial stages and the same was the case with both demonetization and GST. However, the long-term advantages will definitely outweigh the short-term hiccups which caused a bit of economic slowdown. That period is over now and the economy is on the track to achieve a higher growth,” the Vice President said.
Naidu also claimed that the demonetisation streamlined the tax system and brought down tax evasion. “In a span of one year, more than 1.81 crore people were brought into the tax net additionally, taking the overall number of tax payers into 8.27 crore. The revenue flows into the government kitty are increasing sharply and you can see by next February, the exchequer would be flooded with tax revenues and there will be increase in the share of the states,” he said.
Outlining the major reforms initiated by the government in the last few years, he said that harmonization of indirect taxes through GST, easing the regulatory environment, facilitating foreign direct investment across all sectors, massive recapitalization of the public sector banks at Rs 2.11 lakh crore to improve credit growth and investment and the implementation of Insolvency and Bankruptcy Code had given a major push to the economy.
The FDI inflows had increased steadily from $45 billion in 2014-15 to touch $60 billion in 2016-17 while exports had been recovering steadily over the last several months and grew at over 12 per cent in the first three quarters of 2017-18, he pointed out.
Naidu said with simple taxation system, ideal investment climate, huge natural resources, hassle-free administration and abundant human resources, India is an ideal destination for global investments. “We have been following the concept of reform, perform and transform and it will provide the platform for the investors to put in their money in India and reap rich profits,” he said.
—IANS
by admin | May 25, 2021 | News, Politics
New Delhi : Vice President Venkaiah Naidu on Wednesday said Hinduism is not a religion but a cultural concept of India.
“All the religions preach love, peace and harmony — be it Islam, Christianity or Hinduism…Hinduism though I don’t consider a religion. It is more than that. It is a broader cultural concept of India,” he said at the inauguration of the Sunder Nursery — a new 90 acre city park — near Humayun’s Tomb here.
The Aga Khan Trust for Culture (AKTC) commenced conservation and landscape works at Sunder Nursery in 2007, following an MoU with the Central Public Works Department and the Archaeological Survey of India.
The development of this city park is in line with other similar initiatives by The Aga Khan Trust in Kabul, Mali, Zanzibar, Cairo, Hyderabad, Chantilly, amongst others.
Naidu said that private-public partnership became a success in this project that “combines together nature, culture and future”.
He said because The Aga Khan, current Imam of Ismailis, a denomination within Shia Islam, “believes in serving the mankind, he is serving God”.
He also said the development works undertaken by AKTC reflected Prime Minister Narendra Modi’s campaign Swachh Bharat.
The conservation works draw attention to a unique ensemble of 16th century garden tomb.
In 2016, UNESCO extended World Heritage designation to twelve structures conserved by AKTC, including six standing within the Sunder Nursery.
Landscape architect M Shaheer designed this new city park along a central axial spine around which gardens were designed – both formal and informal settings for families to enjoy picnics.
The landscaping of the park includes Delhi’s first arboretum, an amphitheatre, ponds and lakes, nursery beds, a flower showcase, rose gardens and orchards.
Sunder Nursery houses almost 300 tree species, drawing 80 species of birds and 60 species of butterflies.
It continues to have 20 acres of nursery beds managed by the CPWD.
—IANs
