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Narendra Modi

New Delhi, India: Prime Minister Narendra Modi marked the inauguration of Bharat Tex 2024 at Bharat Mandapam, New Delhi, shedding light on the government’s dedication to enriching the textile sector in India. The PM emphasized the importance of tradition, technology, talent, and training to propel the sector into a new era.

In his heartfelt address, Prime Minister Modi highlighted the significance of Bharat Tex 2024 as an extraordinary platform showcasing India’s exceptional talents in the textile industry. He pointed out that beyond textiles, Khadi has emerged as a powerful force, bringing empowerment to women across the country.

“Bharat Tex’s thread is weaving together India’s illustrious history with the talents of today,” remarked PM Modi, characterizing the event as special due to its location at India’s two largest exhibition centers, Bharat Mandapam and Yashobhoomi.

Over the course of four days, Bharat Tex 2024 has attracted over three thousand exhibitors, three thousand buyers from a hundred countries, and 40 thousand trade visitors. This textile event is considered one of the most significant global textile gatherings hosted in India, aligning seamlessly with PM Modi’s five F vision – farm to fibre, fibre to factory, factory to fashion, and fashion to foreign.

Union Textiles Minister Piyush Goyal commended the grand organization of India’s biggest textile show, aligning with the Prime Minister’s vision for the comprehensive growth of the textile industry.

The event is poised to play a crucial role in showcasing India’s prowess in the textile sector on the global stage, fostering collaborations, and steering the industry toward sustainable growth. The government’s holistic approach, incorporating tradition, technology, talent, and training, aims to fortify India’s position as a textile powerhouse.

Bharat Tex 2024 serves as a testament to India’s commitment to innovation, quality, and excellence in the textile industry, setting the stage for a vibrant future in this critical sector.

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Prime Minister Narendra Modi immersed himself in the azure waters off the Arabian Sea coast at Panchkui beach in Gujarat. Dressed in scuba gear, the Prime Minister undertook scuba diving to offer prayers at the underwater site believed to be the submerged ancient city of Dwarka, closely associated with Lord Krishna.

Sharing the extraordinary experience on social media, PM Modi posted photos of himself descending into the deep sea to perform the underwater puja. The ancient city of Dwarka holds immense cultural and spiritual significance, and according to legend, it submerged after Lord Krishna’s departure.

Expressing his emotions, PM Modi wrote, “To pray in the city of Dwarka, which is immersed in the waters, was a very divine experience. I felt connected to an ancient era of spiritual grandeur and timeless devotion. May Bhagwan Shri Krishna bless us all.”

During the underwater sojourn, Modi paid homage to Dwarka and offered peacock feathers as a tribute. In a public meeting in Dwarka, he shared the profound experience, stating, “A decades-old dream was completed today.”

Earlier in the day, PM Modi initiated his spiritual journey by offering prayers at the famous Dwarkadhish Temple in Gujarat. Dwarkadhish Temple, situated at the confluence of the Gomti River and the Arabian Sea, is a significant Hindu pilgrimage site dedicated to Lord Krishna.

The Prime Minister’s visit to Dwarka also marked the inauguration of Sudarshan Setu, India’s longest cable-stayed bridge, connecting Okha mainland and Beyt Dwarka. The bridge, formerly known as the ‘Signature Bridge,’ has been renamed ‘Sudarshan Setu’ and spans approximately 2.32 km. Constructed at an estimated cost of ₹979 crore, the bridge features a four-lane road with wide footpaths on either side.

PM Modi’s two-day visit to Gujarat began with a vibrant roadshow in Jamnagar, where enthusiastic crowds chanted slogans in his support. The visit showcases a mix of spiritual reverence, infrastructure inaugurations, and public engagements.

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In a significant move towards bolstering healthcare infrastructure, Prime Minister Narendra Modi is scheduled to dedicate five new All India Institute of Medical Sciences (AIIMS) facilities today. The AIIMS campuses, located in Rajkot, Bathinda, Mangalagiri, Raebareli, and Kalyani, mark a substantial development push ahead of the impending Lok Sabha elections in 2024.

AIIMS Kalyani:
The AIIMS unit in Kalyani, West Bengal, occupies an expansive area exceeding 20,000 square meters. Commencing its academic session on September 4, 2019, with an initial batch of 50 MBBS students, the campus has encountered controversy for allegedly operating without proper environmental clearance, as reported by Hindustan Times.

AIIMS Raebareli:
The Raebareli AIIMS campus had its Outpatient Department (OPD) partially operational since August 10, 2018, as approved under the Phase-II of Pradhan Mantri Sawasthya Suraksha Yojana in 2009 during the Congress-led UPA government.

AIIMS Mangalagiri:
Initiating its OPD facility on March 12, 2019, the Mangalagiri AIIMS campus in Andhra Pradesh commenced academic sessions from a newly constructed temporary campus at Vijayawada’s Government Siddhartha Medical College in 2018.

AIIMS Rajkot:
With the first academic batch commencing in 2020, the AIIMS Rajkot website highlights the institution’s commitment to medical education. PM Modi is set to address a rally at the Race Course ground in Rajkot after inaugurating the AIIMS facility.

AIIMS Bathinda:
Situated in Bathinda, Punjab, the AIIMS facility boasts 39 functional departments, reflecting a comprehensive approach to medical services and education.

The Prime Minister’s dedication of these AIIMS campuses underscores the government’s commitment to enhancing healthcare accessibility and quality across different regions of the country.

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New Delhi, India – In a significant move to bolster India’s agricultural infrastructure, Prime Minister Narendra Modi launched the world’s largest grain storage plan in the cooperative sector on Saturday. The ambitious scheme aims to create a storage capacity of 700 lakh tonnes over the next five years, with a substantial investment of ₹1.25 lakh crore. The initiative envisions the construction of thousands of warehouses and godowns across the country, benefitting farmers and transforming the agricultural landscape.

As part of the inauguration ceremony, PM Modi unveiled 11 godowns established by 11 primary agricultural credit societies (PACS) spread across 11 states. Additionally, he laid the foundation for the development of godowns and other agricultural infrastructure in 500 more PACS. The Prime Minister also inaugurated a comprehensive project for the computerization of 18,000 PACS nationwide, marking a pivotal step toward modernizing agricultural practices.

Addressing the gathering, PM Modi highlighted the historical neglect of storage infrastructure by previous governments, resulting in substantial losses for farmers. He underscored the government’s commitment to addressing this crucial issue through PACS and emphasized that the world’s largest food grain storage program would create a storage capacity of 700 lakh tonnes in the next five years, backed by an investment exceeding ₹1.25 lakh crore.

Farmers are expected to benefit significantly from this initiative as they will now have access to well-equipped godowns and warehouses, enabling them to store their produce, obtain institutional credit against it, and strategically sell their items when market prices are favorable.

PM Modi took the opportunity to critique past administrations for their lack of attention to this critical problem and commended the cooperative sector for spearheading the solution. He encouraged cooperative organizations to actively contribute to reducing the import dependence of essential food items, including edible oils, pulses, and fertilizers. Modi suggested that cooperatives compile a list of imported items and develop a strategic plan to enhance local production or manufacturing.

In his concluding remarks, PM Modi emphasized the need to reduce fuel imports and highlighted the government’s significant efforts in ethanol production. He urged cooperatives to play a pivotal role in realizing this vision and contributing to India’s self-reliance in key sectors.

The launch of this expansive grain storage scheme marks a significant milestone in India’s journey toward agricultural modernization and self-sufficiency, showcasing the government’s commitment to empowering farmers and fostering sustainable agricultural practices.

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New Delhi: In a promising trajectory, India is set to become the world’s third-largest economy by 2027, surpassing economic powerhouses like Japan and Germany, according to a recent report by Jefferies, a leading global investment banking company. The report highlights India’s anticipated GDP reaching $5 trillion in the next four years, signaling significant economic growth on the horizon.

Jefferies emphasizes that India’s economic landscape is evolving into a formidable $10 trillion market by 2030, making it an irresistible prospect for global investors. Over the past decade, India has made a substantial leap from being the ninth-largest economy to securing the fifth position, boasting a nominal GDP of $3.4 trillion. On a purchasing power parity (PPP) basis, India already holds the prestigious title of the world’s third-largest economy, with a GDP of $13.2 trillion.

Despite facing challenges posed by major reforms such as the Goods and Services Tax (GST), bankruptcy law, Real Estate Regulation Act (RERA), and demonetization, India’s GDP has displayed resilience, consistently expanding. Jefferies acknowledges the short-term impacts of these reforms but underlines their positive long-term implications for the economy.

The report underscores India’s projected growth rate of 6% over the next five years, positioning the country as an outlier in a global landscape where many large economies are grappling with declining growth rates. Jefferies predicts that India will rapidly ascend to the third spot in the world’s GDP rankings by the end of this decade.

Jefferies’ optimism extends to the Indian equity markets, anticipating them to deliver robust 8%-10% dollar returns over the next five to seven years. The structural shift of savings towards equities and the potential listing of large unicorns in India are identified as key drivers that could propel the country’s market cap beyond $10 trillion by 2030.

While India currently holds the fifth-largest market cap globally, its eighth-ranking in the Bloomberg World Index, with a weight of 2.0%, presents significant opportunities for foreign investors. Jefferies believes that increasing investment in the world’s fastest-growing country is not only feasible but advantageous. A rise in the country’s weight in global funds makes Indian stocks an attractive proposition for a diverse set of equity investors.

As India continues its economic ascent, Jefferies emphasizes the potential for foreign investors to actively engage in and benefit from the unfolding chapters of India’s growth story. The country’s journey toward global economic prominence is not just a statistic; it’s a compelling narrative of resilience, reform, and remarkable progress.

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Many individuals grapple with financial management, often succumbing to impulsive spending without a clear strategy in place. This behavior can lead to significant financial strain, hindering progress towards achieving financial objectives. However, there exists a straightforward guideline that can instill balance and discipline into your spending habits: the 50/30/20 rule.

This budgeting principle divides your post-tax income into three distinct categories: needs, wants, and savings or debt repayment. Here’s a breakdown of how it operates:

  1. Allocate 50% for Needs: Half of your income should be earmarked for essential expenses that are unavoidable. This encompasses housing, groceries, healthcare, transportation, and other fundamental necessities.
  2. Reserve 30% for Wants: Thirty percent of your budget is designated for discretionary spending on things that bring enjoyment but aren’t essential. This may include dining out, entertainment, non-essential shopping, subscriptions, and hobbies.
  3. Dedicate 20% to Savings and Debt Repayment: The remaining portion of your income should be directed towards bolstering savings, investments, and settling outstanding debts. This encompasses establishing an emergency fund, saving for retirement, and reducing credit card balances or loans.

The appeal of the 50/30/20 rule lies in its simplicity and effectiveness in managing finances. It facilitates a harmonious balance between meeting immediate needs, enjoying life, and planning for the future. Furthermore, it encourages living within one’s means and mitigates the risks associated with reckless spending.

It’s crucial to recognize that while this rule serves as a guideline, it’s not a rigid mandate. Depending on individual circumstances, adjustments to the percentages may be necessary to better align with your financial situation. For instance, individuals residing in high-cost areas or those with lower incomes may need to allocate more than 50% of their earnings towards needs. The key is to utilize the rule as a foundational framework and adapt it as required to suit your unique financial circumstances.

The 50/30/20 rule proves to be a potent tool for financial management. By categorizing income into needs, wants, and savings, it empowers individuals to exercise control over their expenditures, mitigate financial stress, and progress towards financial objectives. If you’re grappling with financial management, consider implementing the 50/30/20 rule—it could be the solution you’ve been seeking.

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Prime Minister Narendra Modi is set to embark on a day-long visit to Uttar Pradesh, where he will lay the foundation stone for the Shri Kalki Dham Temple in Sambhal district. The inauguration ceremony is organized by the Shri Kalki Dham Nirman Trust, led by Chairman Acharya Pramod Krishnam, who was recently expelled from the Congress party for alleged “anti-party remarks.”

The announcement of PM Modi’s visit and participation in the temple’s foundation-laying ceremony was made through an official statement. The event is scheduled for Monday, with the Prime Minister expected to arrive at around 10:25 am. During the ceremony, PM Modi will personally place the main stone in the sanctum sanctorum of Shri Kalki Dham.

Acharya Pramod Krishnam expressed pride in hosting PM Modi for the temple’s foundation, stating, “It is a matter of pride for us that Prime Minister Narendra Modi will be laying the foundation of Shri Kalki Dham today.” The inauguration, set for 10:30 am, is anticipated to witness the presence of numerous saints, religious leaders, and other dignitaries.

The temple project, led by Shri Kalki Dham Nirman Trust, has garnered attention due to the expulsion of its chairman, Acharya Pramod Krishnam, from the Congress party. His expulsion came shortly after a meeting with PM Modi, during which he extended an invitation to the Prime Minister to inaugurate the temple.

In addition to the temple inauguration, PM Modi is expected to inaugurate 14,000 projects collectively valued at over ₹10 lakh crore during the fourth ground-breaking ceremony. These projects, stemming from investment proposals received during the UP Global Investors Summit 2023, span diverse sectors such as manufacturing, renewable energy, information technology (IT), food processing, housing, real estate, hospitality, entertainment, and education.

The ceremony, set to take place around 1:45 pm, will attract approximately 5,000 participants, including industrialists, delegates from leading global and Indian companies, ambassadors, high commissioners, and other distinguished guests. PM Modi’s visit and the series of inaugurations underscore the government’s commitment to promoting economic growth and development in Uttar Pradesh.

The Shri Kalki Dham Temple and the accompanying projects inauguration mark significant milestones, blending cultural and economic endeavors in Uttar Pradesh, contributing to the state’s progress and development

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A historic moment of cultural significance, Prime Minister Narendra Modi inaugurated the first-ever BAPS Swaminarayan Mandir in Abu Dhabi, marking a monumental chapter in the diplomatic and cultural ties between India and the United Arab Emirates (UAE). The inauguration ceremony witnessed an outpouring of enthusiasm from devotees and dignitaries, further strengthening the bonds of friendship between the two nations.

Lights of Faith:

The BAPS Hindu temple inauguration ceremony, held at Abu Dhabi, saw a sea of devotees converging to witness the auspicious event. The grandeur of the occasion was accentuated by the radiant lights adorning the temple, symbolizing the spirit of unity and shared cultural values.

Scientific Marvel Amidst Spirituality:

Beyond its religious significance, the BAPS temple stands as a scientific marvel, boasting 300 sensors strategically placed within its premises. The intricate construction involved 1,800,000 bricks, 6,89,512 man-hours, and the opulence of 40,000 cubic feet of marble and 1,80,000 cubic feet of sandstone, making it a blend of spiritual sanctity and architectural brilliance.

Global Celebrities Attend:

The inauguration ceremony witnessed the presence of Bollywood superstar Akshay Kumar, adding a touch of glamour to the spiritual affair. The actor arrived at the BAPS Hindu Temple ahead of the inauguration, reflecting the global attention and significance of the event.

Sheikh Hamdan Extends Warm Welcome:

The iconic Burj Khalifa in Dubai lit up with the words ‘Guest of Honor – Republic of India’ ahead of PM Modi’s address at the World Government Summit. Dubai’s Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum extended a warm welcome to PM Modi, emphasizing the robust ties between the two nations.

Symbolic Elements of Unity:

The BAPS temple in Abu Dhabi carries symbolic elements of the UAE, with seven spires representing the seven emirates, carvings of camels, and the national bird falcon. Built at a cost of approximately ₹700 crore, the temple stands as a testament to the flourishing partnership between India and the UAE.

Diplomatic Triumphs:

PM Modi’s visit to the UAE has not only been marked by the inauguration of the BAPS temple but also by significant diplomatic achievements. The signing of 10 pacts for collaboration, including an investment treaty, demonstrates the commitment to fostering economic and strategic ties between the two nations.

Prime Minister’s Address at World Governments Summit:

Prior to the temple inauguration, PM Modi addressed the World Governments Summit in Dubai, emphasizing the need for inclusive governance and the creation of global prototypes for emerging challenges like AI, cryptocurrency, and cybercrime.

UAE-India Collaboration:

The strategic collaboration between India and the UAE was further solidified with the signing of agreements in key sectors such as energy, infrastructure, investments, and the management of archives. The bilateral investment treaty signed is poised to boost economic cooperation between the two nations.

Conclusion:

As Prime Minister Modi basks in the success of inaugurating the BAPS Hindu Mandir in Abu Dhabi, the event not only marks a milestone in religious history but also underscores the flourishing partnership and shared values between India and the UAE on the global stage.

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New Delhi, February 10, 2024: The 52nd edition of the New Delhi World Book Fair (NDWBF) commenced today with Hon. Minister Dharmendra Pradhan officiating the opening ceremony. Celebrating India’s vibrant linguistic diversity and rich literary traditions, NDWBF 2024 promises to be a captivating fusion of literature, cultural expressions, and knowledge exchange.

Returning to the esteemed Pragati Maidan venue from February 10 to 18, 2024, the fair is jointly organized by the National Book Trust and the India Trade Promotion Organisation (ITPO). This year’s theme, ‘Multilingual India: A Living Tradition,’ underscores the country’s dynamic linguistic landscape. Doors are open to visitors daily from 11 am to 8 pm.

In a gesture to encourage participation, entry is complimentary for schoolchildren in uniform, senior citizens, and persons with disabilities. For other attendees, ticket prices are set at Rs 20 for adults and Rs 10 for children.

A notable highlight of NDWBF 2024 is the presence of Saudi Arabia as the guest of honor, with 25 delegates showcasing their literary heritage across 2000-plus stalls. Dr. Abdullatif Al-Wasel, publishing general manager of the Saudi Literature, Publishing, and Translation Commission, expressed the significance of this participation in bolstering bilateral ties, especially following Crown Prince Mohammed bin Salman’s visit to New Delhi in 2019 and subsequent cultural agreements.

Additionally, the Sahitya Akademi has curated a series of programs focusing on India’s indigenous languages. From February 11 to 17, distinguished speakers representing Punjabi, Hindi, Urdu, Assamese, Maithili, Santhali, and Sindhi will share their insights and experiences at Lekhak Manch (Hall 2) and Bal Mandap (Hall 3) of Pragati Maidan.

As a cornerstone event in the publishing world for the past five decades, NDWBF continues to draw international acclaim. The 2024 edition, housed in newly constructed Halls 1-5 at Pragati Maidan, reaffirms its status as a vital platform for literary exchange and cultural dialogue.

Organized by the National Book Trust, India, under the Ministry of Education, Government of India, and co-hosted by ITPO under the Ministry of Industry and Commerce, NDWBF 2024 promises to be a stimulating celebration of literature and learning for all attendees.

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An influential address at the Times Global Business Summit in New Delhi, Prime Minister Narendra Modi declared that the world’s trust in India is on a continuous upswing, asserting that this is India’s time to shine. He highlighted the remarkable transformation witnessed in the country over the last decade, a sentiment echoed by global experts and leaders. PM Modi emphasized that the unprecedented enthusiasm towards India, as observed in forums like Davos, signifies a level of trust never witnessed before.

PM Modi emphasized the government’s commitment to completing projects in a time-bound manner, making it a hallmark of their governance. He outlined India’s unique position in addressing 20th-century challenges while simultaneously fulfilling the aspirations of the 21st century.

Asserting a pivotal moment in India’s development journey, PM Modi stated that the current circumstances are favorable for the country to strengthen itself for centuries to come. He outlined the government’s policy pillars as stability, consistency, and continuity.

Addressing the recent Interim Budget, the Prime Minister highlighted the widespread praise from both media and economic experts. He emphasized that the budget, often described as non-populist, aligns with the government’s vision for sustainable growth and development.

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