Close X
Saturday, September 28, 2024
ADVT 
Health

Special team in PMO will fast-track Japanese investment: Modi

Darpan News Desk IANS, 01 Sep, 2014 07:51 AM
    Assuring the same quick reaction and proactive response a Japanese investor accorded when he was chief minister of Gujarat, Prime Minister Narendra Modi Monday announced a special team in his office to fast-track investments from Japan.
     
    "In the coming days you'll get the same speed and response that you have experienced in Gujarat in the past," Modi told a luncheon hosted by Nippon Kiedanren -- the Japanese Chamber of Commerce and Industry, and the Japan-India Business Cooperation Committee.
     
    He, accordingly, announced a dedicated special management team directly under the Prime Minister's Office and said: "Two nominees selected by Japan will also be part of this decision-making team, which will evaluate the business proposals."
     
    Modi told the luncheon, which included Who's Who of the business fraternity of Japan and India, that he had the greatest connect, perhaps, with Japanese businesses, adding the two countries must partner not just for bilateral gains, but for Asia and the world. 
     
    He said his association with the Japanese industry had made him recognise the importance of good governance, ease of doing business and simplification of policies and assured them a policy-driven decision environment at the federal level to eliminate delays.
     
    Exhorting Japanese businesses to continue investing in India, the prime minister said the two countries must also show the way of the Buddha to the world, and act as a force for development. 
     
    He noted that the 21st century will be Asia's century, but wondered how it would look like? He said that for meeting the aspirations of people in this century, India and Japan had a big role to play. 
     
    Modi, who completes 100 days in office Tuesday, also said he had already initiated moves to introduce the Japanese principles of management in the Prime Miniser's Office, adding India must follow the Japanese model for skill development.
     
    Stating that 65 percent of India's population was young, he also sought Japan's help for skill development in India and said: "In 2020, when the world needs a workforce, we are preparing for it from now itself, so that we can match the global workforce."
     
    India being a youthful nation, his government, he said, was giving importance to skill development to the millions of youth aspiring to enter the job market -- be it in terms of quality and the ability to make zero-defect products, or discipline.
     
    "You can really help us with this."
     
    Overall, he also highlighted the initiatives taken by his government during the first 100 days in office and said moves to ease foreign direct investment rules were widely appreciated. 
     
    Modi also said the Indian economy's growth of 5.7 percent in the first quarter of 2014-15 had a huge positive sentiment. 
     
    Going ahead, he said, the clear electoral mandates received by the governments of the two countries, led by him and his host and Japanese premier Shinzo Abe, had given the much political stability that would also deliver a strong push to bilateral ties.

    MORE Health ARTICLES

    Poor sleep may affect brain function as you age

    Poor sleep may affect brain function as you age
    Sleep problems are associated with worse memory and executive functions in older people, says a study.

    Poor sleep may affect brain function as you age

    Believe it or not, It's now illegal in some places to be an annoying person

    Believe it or not, It's now illegal in some places to be an annoying person
    Every day, I spring out of bed at six in the morning intending to spread sweetness and light all day. And then the idiots happen.

    Believe it or not, It's now illegal in some places to be an annoying person

    Indoor tanning ups skin cancer risk

    Indoor tanning ups skin cancer risk
    The ultraviolet (UV) radiation lamps used for indoor tanning put adolescents and young adults at risk for basal cell carcinomas (BCC), the most common form of skin cancer, says a study.

    Indoor tanning ups skin cancer risk

    Midwifery matters more than we realise

    Midwifery matters more than we realise
    Experts have urged global leaders through a series in a science journal to recognise midwifery's potential to save the lives of women and infants worldwide.

    Midwifery matters more than we realise

    Anti-depressants during pregnancy up obesity, diabetes risk in kids

    Anti-depressants during pregnancy up obesity, diabetes risk in kids
    Pregnant women are particularly vulnerable to depression, but women who take anti-depressants during pregnancy may be predisposing their infants to Type 2 diabetes and obesity later in life, says a study.

    Anti-depressants during pregnancy up obesity, diabetes risk in kids

    Simple blood tests can save hepatitis patients

    Simple blood tests can save hepatitis patients
    Blood tests can save more than 80 percent hepatitis C patients and over 60 percent hepatitis B patients when combined with proper prevention and treatment, say experts.

    Simple blood tests can save hepatitis patients