PM Narendra Modi’s statement at India-Republic of Korea CEOs Forum - 19 May 2015

    Source:  http://pibphoto.nic.in/photo/2015/May/l2015051965684.jpg



Text of PM’s statement at India-Republic of Korea CEOs Forum

President of the Republic of Korea, PARK Geun-hye, prominent CEOs of the two countries, other representatives of Business and Industry, ladies and Gentlemen!

I am extremely happy to be here with you this morning. I also thank you for being with us. I hope the interactions among the CEOs of the two sides would have been very fruitful.

Friends! India and Korea have had cordial relations from the ancient past. The relationship between the two countries goes back to the first century, when an Indian Princess travelled from the kingdom of Ayodhya in North India to Korea by a boat.

She married the Korean King Suro and she became the first queen of the South Korean kingdom. Several Koreans trace their lineage to her

We are also bound by the Buddhist traditions. A famous Korean visitor to India was Hyecho, a Buddhist monk who visited India in the eighth century to know the language and culture of the land of Buddha. He wrote the "account of travel to the five Indian kingdoms".

We have so much in common. No wonder then that Bollywood films are very popular in Korea.

Friends! I am here to build upon this relationship. In fact, I have always been fascinated by Korea. I came here when I was Chief Minister of Gujarat and even before that. Honestly speaking, while in Gujarat, I used to wonder as to how a country of the size of Gujarat can do so much economic progress. I admire the spirit of entrepreneurship of the Korean people. I admire the way in which they have created and sustained their global brands.

From IT and Electronics to Automobile and Steel, Korea has given exemplary products to the world. Similarly, Korean companies are very strong in construction sector and were involved in building iconic structures around the world. You also have an impressive infrastructure and record for R & D as well as innovation.

We in India want to achieve a lot of what Korea has already done. That is why I, along with a large business delegation, are here. The good news is that India-Korea bilateral trade has risen after signing of Korea-India CEPA in January 2010.

The South Korean investment zone in Rajasthan State is progressing well.

Several Hundred Korean companies are operating in India. Lot of your products particularly in Consumer Electronics are household choices for Indians. And many of them are being produced there. Hyundai Motor is the 2nd largest car manufacturer of India.

However, there is still a lot of scope for improvement. South Korea ranks only 14th in FDI flows in India. I can admit that the reason for this low volume of FDI lies with us not with you. But I can tell you that India was and is a land of potentials. Now, India is also a land of enabling policy environment. Moreover, there is renewed commitment of my Government for changing the face of the country. We can join hands in the mutual benefit of our people and industry. There is a lot that we can do together.

For example, there is potential for cooperation between India's software and Korea's hardware industry. Your car making and our designing capabilities can be put together. Though we have become the third biggest producer of steel, we need to add a lot of value in it. Your steel-making capacity and our resources of iron ore can be put together. Your ship-building capacity and our agenda of port led development can become driver of our growth. Infrastructure including housing is another field where we can work together in a big way.

In my last visit, I had gone to see your wonderful Saemangeum project. We have to create many such Saemangeums. Let us do this for mutual benefit and with a win-win spirit.

Friends! Since my Government has taken over, we are working day and night to create conditions for faster and inclusive growth. We want a quantum jump in all this. There is no time for incremental changes. The sectors which are strong in Korea are very important for the development of my country. Many of you are already present in India. For those who are not there, I extend an invitation to come to India and explore the opportunities.

With your presence in India and through your interactions with our CEOs, you must already be knowing what we are doing and in which direction we are going. I would only throw some light on the size and scale of the opportunities.  

Water, Transportation, Railways, Sea ports, ship-building, Electricity including renewable, IT infrastructure and services, Electronics, Construction Industry, are all very promising sectors in my country.

Just to give you some examples: we have planned to build 50 million houses by 2022. In addition, we are going to develop smart cities, long industrial corridors, and mega investment regions. For this purpose, we have refined our FDI Policy in construction. We have eased the conditions for Real Estate Investment Trusts for making investments. We are also coming up with a regulatory framework for this sector.

We have targeted 175 Giga Watt of renewable energy in next few years. In addition to generation, the issues of transmission and distribution of electricity are equally important for us.

We are keen to modernize our Railways, We are planning metro rail in fifty cities and high speed trains in various corridors. We have to upgrade our Highways.

This year we have made maximum allocation for these two sectors. In addition we have opened up Railways for 100% FDI.

We are putting up new ports and modernizing the old ones through an ambitious plan called Sagarmala. There is a similar focus on upgrading the existing Airports and putting up regional airports to enhance connectivity to places of economic and tourist importance.

We particularly want to promote manufacturing in a big way to create jobs for our youth. For this purpose, we have launched a campaign called “Make in India”. This campaign and commitment includes bringing our industrial infrastructure, policies and practices to best global standards and to convert India into a global manufacturing hub. To provide digital infrastructure across the country, we have launched another campaign called Digital India.

Cleaner and greener development and Zero defect Zero effect manufacturing is another commitment. We have launched a clean India campaign with emphasis on adoption of better environmental technologies.

To enable all this, in last eleven months, we have taken a series of measures to improve the business environment and enhance the investor confidence. We do believe that ‘ease of doing Business’ has become an important factor in attracting investments in the country. We also believe that FDI is important and it will not come in the country without a globally competitive business environment. So, we are working aggressively for making India a very easy place to do business.

To create employment and self-employment opportunities in the country, we have launched the Skill India Mission and other innovative missions. On the other hand, we have fast tracked approvals in industry and infrastructure. This includes environmental clearances, industrial and shipping licences. In addition, we also enhanced the FDI limits in key sectors like Defence and Insurance. We also refined the FDI policy in medical devices sector to encourage the manufacturing of medical equipment.

Within a very short time, we introduced GST Bill in parliament. We are making our taxation system more stable, predictable and transparent. We have already resolved many taxation issues affecting the foreign investors. This is all to become more conducive for business and bring in technology and capital.

We have got good results of these initial steps. The sentiments for private investment and inflow of foreign investment are positive. Our growth rate is above 7%. FDI inflows have gone up by 39% during April-2014 and February-2015 against the same period in previous year.

Many international financial institutions including the World Bank, IMF, OECD and others are predicting even faster growth in the coming years. MOODY’s have recently upgraded the rating of India as positive on account of our concrete steps in various economic segments.

Thus, we have restored the global positioning of India in terms of its politics, governance and economy. But we are not going to stop here. We have to and we will do a lot better.

Friends! once again, I invite you to India to see the change. We are also prepared to work with you in making the conditions more conducive for you.

Yesterday, I announced the forming of a dedicated mechanism for hand holding of Korean investors. It will be known as Korea Plus. In addition I assure you of my personal attention if there are any issues.

Thank you.

http://www.pib.nic.in/newsite/pmreleases.aspx?mincode=3

Keynote Address by Modi at India-China Business Forum - 16 May 2015

   Source: http://pibphoto.nic.in/photo/2015/May/l2015051665518.jpg


Friends!

I am really happy to be here with you. Before coming to this forum, I had very detailed discussion with the CEOs of major Chinese companies. I am sure our interactions today will lead to benefits to the people and businesses of the two countries.

Alongwith me a number of officials and prominent Indian CEOs are also present here.

As you know, China and India are two great and old civilisations of the world. They have provided many lights of knowledge on the entire human society. Today, we together, represent more than one third of the Global population.

India and China have a common History of Five Thousand Years and a common Boundary of over Three Thousand and four hundred kilometers.

Two thousand years ago, at the invitation of the Chinese Emperor Ming, two Indian monks came to China. They brought many Sanskrit scriptures on two white horses. They translated many Buddhist classics and scriptures into Chinese language.

It is believed that they introduced Buddhism in China. The king built a temple in honour of this event. The temple is popularly known as White Horse Temple. The temple then increased in importance as Buddhism grew within China, and spread to Korea, Japan and Vietnam.

The serenity of Buddhism in Asian countries is the seed of their success. I strongly believe that this century belongs to Asia. And Buddhism will be a further unifying and catalysing force among the Asian countries.

Your famous scholars like Fa Hien and Hiuen Tsang have taught many secrets of Chinese wisdom to Indians. In addition, they discovered many secrets within India itself. Hiuen Tsang had visited my own home town in Gujarat. From his works, we know today that there was a Buddhist Monastery there. When Hiuen Tsang returned to China he brought with him Sanskrit scriptures and books of wisdom. The traditional systems of medicine of the two countries based on natural elements also have a lot in common.

In recent times too, this stream of knowledge is flowing across our borders. Prof. Ji Xianlin of Peking University was a great Sanskrit scholar. He spent most part of his life in translating Valmiki’s Ramayan into Chinese. Indian government has honoured him by bestowing a prestigious Award in 2008.

More recently, Prof. Jin Ding Han has translated Tulasi Ramayan into Chinese. Translations of Bhagwad Gita and Mahabharat are also popular with the Chinese people. I thank these Chinese scholars for introducing Indian culture to the Chinese people.

Friends! India has always been a knowledge society. Whereas, you have been an innovating society. Ancient China was highly advanced in Science and Technology. Like Indians, Chinese too sailed to Americas and distant corners of the world in their ships. They had the Mariners’ Compass and Gun Powder.

But I must add that during this time, Indian astronomy and mathematics were quite popular in China. Indian astronomers were appointed on the official boards set up to prepare calendars.

The Indian concept of Zero and that of nine planets have been helpful in discoveries in China. So, our ideas had a role to play in your innovations.

Thus, we have a lot in common and we can do a lot together. As we helped each other growing spiritually, we have to help each other growing economically. There are instances of such economic exchanges in the past. It is believed that China gave silk and Paper to India. We both have potentials of growth and problems of poverty which we can tackle together. I am personally committed to take the co-operative process forward.

That is why even as Chief Minister of Gujarat, I visited China. As Prime Minister too I am convinced and committed for exchange and co-operation for socio-economic development of the two countries.

I have lot of hope from the relationship which I and President Xi are trying to build. During his visit to India in September 2014, Chinese investments worth 20 billion US Dollars (Rs. 12 lakh-crore) were committed. We signed 12 agreements covering industrial parks, railways, credit and leasing, with cumulative amount of investments of 13 billion US Dollars.

We are very keen to develop the sectors where China is strong. We need your involvement. The scope and potential, the breadth and length of infrastructure and related developments is very huge in India. Just to give you some examples:

• We have planned to build 50 million houses by 2022. In addition, we are going to develop smart cities and mega industrial corridors;

• For this purpose, we have refined our FDI Policy in construction. We are also coming up with a regulatory framework for this sector;

• We have targeted 175 Giga Watts of renewable energy in next few years. In addition to generation, the issues of transmission and distribution of electricity are equally important for us;

• We are modernizing our Railway systems including signals, engines and railway stations. We are planning metro rail in fifty cities and high speed trains in various corridors;

• Similar is the case with Highways which we want to build in faster way;

• We are putting up new ports and modernizing the old ones through an ambitious plan called Sagarmala;

• Similar focus is on upgrading the existing Airports and putting up regional airports to enhance connectivity to places of economic and tourist importance;

• In financial services too, we are moving towards a more inclusive and faster delivery of financial products including bank loans and insurance;

• For this purpose we opened 140 million bank accounts; increased FDI in insurance upto 49% and have set up MUDRA Bank to fund the micro-businesses;

• Recently, I have launched innovative schemes for insurance and pension to enhance social security of our citizens.

In March this year, I had a discussion with Jack Ma of Alibaba in Delhi about possible co-operation for strengthening this micro-credit sector of India.

As you have successfully done, we also want to promote manufacturing in a big way particularly to create jobs for our youth who form 65% of our population.

Hence, we want to Make things in India. For this purpose, we have launched a campaign called “Make in India”. It is also the effort of my Government to encourage innovation, R&D and entrepreneurship in the country. In this year’s budget, we have set up some innovative institutional mechanisms for that purpose.

We have to learn from you about the development of labor-intensive industries, creating conditions for sustainable foreign direct investment, skill development, infrastructure creation and export-led development model.

All this is a historic opportunity for the Chinese companies. You would already be knowing the direction of my Government and the steps we are taking. We have committed ourselves for creating and improving the business environment. I can assure you that once you decide to be in India, we are confident to make you more and more comfortable.

Many Chinese companies have the possibility of investing in India to take advantage of India’s potentials. The potential lies in Manufacturing, processing as well as in infrastructure.

I am here to assure you that India’s economic environment has changed. Our regulatory regime is much more transparent, responsive and stable. We are taking a long-term and futuristic view on the issues. Lot of efforts have been made and are still underway to improve the ‘Ease of Doing Business’. We do believe that FDI is important and it will not come in the country without a globally competitive business environment. Therefore, we have rationalized a number of issues which were bothering the investors.

In particular,

• We are making the taxation system transparent, stable and predictable.

• We have removed lot of regressive taxation regimes. In our very first Budget, we said we will not resort to retrospective taxation.

• We are reducing the complicated procedures, making them available at one platform, preferably online;

• Simplifying the forms and formats has been taken up on war footing.

• Definite mechanisms for hand holding have been set up in the form of hub and spoke model. Invest India is the nodal agency for this purpose.

• In this year’s budget, we allowed Tax pass through for AIFs, rationalization of capital gains of REITs, modification in PE norms and deferring the implementation of GAAR for two years.

• We have fast tracked approvals in industry and infrastructure. This includes environmental clearances, extending the industrial licences, delicencing of defence items, and simplification of cross-border trade.

• Within a very short time, we introduced GST Bill in parliament.

Similarly, for infrastructure development, we have taken some far reaching steps.

• First of all we have made an all-time high allocation for Roads and railways sectors.

• In addition, we are setting up India Infrastructure Investment Fund.

• We have also allowed Tax free Bonds in the Infrastructure sector including roads and railways.

We know that a lot more has to be done. But we are committed to take this process forward. We are constantly working to improve the business environment further.

However, our initial measures have helped in building up an enhanced investor confidence. The sentiments for private investment and inflow of foreign investment are positive. FDI inflows have gone up by 39% during April-2014 and February-2015 against the same period in previous year;

Our growth rate is above 7%. Most of the international financial institutions including the World Bank, IMF, OECD and others are predicting even faster growth and even better in the coming years. MOODY’s have recently upgraded the rating of India as positive on account of our concrete steps in various economic fields.

Friends! Indo-Chinese partnership should and will flourish. I expect very good outcome from this coming together. We have complemented each other in the past. We can complement in the present and future too. As two major economies in Asia, the harmonious partnership between India and China is essential for economic development and political stability of the continent. You are the ‘factory of the world’. Whereas, we are the ‘Back office of the world’. You give thrust on production of hardware, while India focuses on software and services.

Similarly, Indian component manufacturers have been masters in high-quality precision and the Chinese players have mastered the art of mass production. The component design expertise of Indian engineers and low cost mass production by China can cater to the global markets in a better way. This industrial partnership of China and India can bring about greater investment, employment and satisfaction of our people.

Friends! Let us work together in mutual interest and for progress and prosperity of our great countries.

I would conclude by saying that now India is ready for business. You must be sensing the winds of change in India. I only advise to you to come and feel the same.

I assure you of my personal attention for your success.

Thank you very much.

Knowledge Development - The Vedic Way - Eternal Enquiry

The vedic tradition did not put a full stop to understanding material world or spiritual world. That is why even today new gurus and babas are accepted in Hindu tradition. Shruti is there. But Smriti is equally valued. Only demand is that all present day Gurus must have full knowledge of Vedas. It is like the literature review we do in our Phd Theses. A new researcher has to show his understanding of the existing knowledge, show its shortcomings and develop a way of finding new knowledge that is useful to mankind in material or social or spiritual dimension.

Upanishads, a part of Vedas, show us the way. In Upanishads, questions are answered. Enquiry is encouraged, Discussion is encouraged. The upanishad tradition only resulted in various darshanas of Hindu way of life. It lead to discovery of various Gods and prayers to them. Even today people can question and abandon their existing faith and embrace new faith.


Swami Nikhilananda Saraswati, Head of Chimaya Mission's Delhi Unit wrote an article on the role of inquiry and scientific inquiry in religion. The article was published in "The Speaking Tree" on 4 July 2010 in page 3.

"Satya should triumph." - Swami Nikhilananda Saraswati

"Science negates all false beliefs and superstitions." - Swami Nikhilananda Saraswati

"The purpose of science and the aim of spirituality both are to arrive at truth, or, arrive at reality." - Swami Nikhilananda Saraswati

(When persons are) in tune with the Upanishads, they're not disturbed by scientific progress. It helps them comprehend the truth more easily. - Swami Nikhilananda Saraswati

Ultimately we should have love for the real, whether it comes from India, Pakistan or any other country; it doesn't matter. Satya should triumph. - Swami Nikhilananda Saraswati

Jagadgurukshetras and Gurukshetras of India

Gurukshetras and Jadgurukshetras in India.


Kashi is the prime Jadgurukshetra in India. The four peethas established by Adi Shankaracharya are popular Jagadgurukshetras. We have to add the peethas of Ramanuja, Madhva, Desika, Vallabhacharya, Raghavendra Swamy, Chaitanya Mahaprabhu etc. to Jagadguru Kshetras. We have many more Gurukshetras in India.


Kashi is the prime Jadgurukshetra in India.
Kashi must have a public Vedic library where are pilgrims can go and read veda and purana related literature in their own mother tongue and also listen to lectures by Jnanis on how to live their life according to the precepts of Vedas, Puranas and current religious, social and political thinkers.


Tirtha Kshetras provide peace based on faith. Gurukshetras provide knowledge and wisdom.

India Culture - Indian Sociology

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CEC UGC

Indian Society, Institutions and Change

Rajendra K. Sharma
Atlantic Publishers & Dist, Jan 1, 2004 - 378 pages

The Book Highlights The Nature And Features Of Indian Society And The Charges That Has Taken Place In Various Social Institutions During Different Historical Phases.This Is Comprehensive Book And Covers Subjects Widely Prescribed In The Syllabi Of Various Indian Universities At The Under-Graduate And Post-Graduate Levels In Sociology. The Topics Covered Include Indian Society, Indian Society And Culture, Indian Society And Social Institutions, Social Change In India And Indian Social Institutions, Contemporary Indian Society And Culture.

While The Subject Has Been Presented In An Analytical Style With Central, Side And Running Headings, Integral And Holistic View Has Been Adopted, In Matters Having Different Opinions. The Language Is Easy And Free Of Technical Jargon As Far As Possible.
https://books.google.co.in/books?id=jBOh24IJ9t8C


Rowena Robinson
Professor of Sociology
Department of Humanities and Social Sciences
Indian Institute of Technology Bombay




PhD Thesis Title:

Religious ethics and values in India

Researcher: Suguna Kumari
Guide(s): Veerraju, G
Keywords: Philosophy
Religion
Issue Date: 13-May-2013
University: Andhra University
Award Date: 2013
Abstract: None
Pagination: 254p.
URI: http://hdl.handle.net/10603/8675
Appears in Departments: Department of Philosophy
http://shodhganga.inflibnet.ac.in/handle/10603/8675



Journal of Anthropological Survey of India
http://www.ansi.gov.in/download/journal-final.pdf

An Indian Research Paper with 6000+ Citations - A Big Achievement for Indian Science and Technology

 A 13-year-old research paper that proposed a computational method to help design cars and manage financial portfolios  has become the first ever from India to receive 6,000-plus citations from scholars worldwide.  The paper was autored by Kalyanmoy Deb, engineer turned computer scientist, faculty member of IIT Kanpur Kalyanmoy Deb and three undergraduate students of IIT Kanpur. It  has received 6,035 citations until weekend of 11 May 2015. .


Among more than 50 million research papers catalogued in a global scientific database called the Web of Science Core Collection, covering the period 1945 through 2015, only 541 have over 5,000 citations. This paper written exclusively by Indians from an Indian institution earned the distinction of being one among those 541 papers.  The paper was published in  2002 in the journal IEEE Transactions in Evolutionary Computation.  The paper described a strategy to find solutions to myriad problems that involve multiple and, at times, even conflicting goals and also to find multiple solutions of which only a few may be truly attractive.

The second most highly cited paper written exclusively by Indian authors is a 1995 paper by Gautam Desiraju, a professor of chemistry at the Indian Institute of Science, Bangalore, on crystal engineering. It has drawn over 2,900 citations.

The world’s highest cited paper has over 300,000 citations. It is a 1951 paper by a US scientist that described a method to measure proteins in a liquid.

Only 14,499 research papers among the 50 million listed in the Web of Science Core Collection database have more than 1,000 citations according to a paper published in the journal Nature in  October 2014. 50 papers from India get that distinction.

http://www.telegraphindia.com/1150511/jsp/nation/story_19384.jsp

Mukesh Ambani Biography - Hindi - मुकेश अंबानी जीवनी

India TV  मुकेश अम्बानी  -  अंबानी  Story

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रिलांयस के कर्ताधर्ता रहे धीरूभाई अंबानी के बड़े  पुत्र मुकेश अंबानी का जन्म 19 अप्रैल, 1957 को यमन में हुआ.  मुकेश अंबानी की स्कूली शिक्षा मुंबई से हुई थी. इसके बाद उन्होंने मुंबई विश्वविद्यालय से ही केमिकल इंजीनियरिंग की डिग्री हासिल की|  वे एमबीए करने स्टैनफोर्ड यूनिवर्सिटी गए|   एक साल बाद ही वे कोर्स बीच में ही छोड़कर अपने पिताजी की सहायता के लिए भारत लौट आए.

वर्ष 1981 में मुकेश अंबानी रिलायंस ग्रुप में शामिल हुए. उन्होंने शुरुआत में टेक्सटाइल से पॉलिएस्टर फाइबर और फिर पेट्रोकेमिकल के क्षेत्र में अपना हाथ आजमाया. वे अपने प्रयास से इस कंपनी को नई उंचाइयों पर ले गए.

 उन्होंने रिलायंस इंडस्ट्रीज को नए मुकाम तक पहुंचाया. आज के समय वह  रिलायंस इंडस्ट्रीज के चेयरमैन, मैनेजिंग डायरेक्टर और कंपनी के सबसे बड़े शेयर धारक हैं.  उनकी सबसे बड़ी उपलब्धियों में जामनगर गुजरात में बुनियादी स्तर की विश्व की सबसे बड़ी पेट्रोलियम रिफाइनरी की स्थापना है.



2015

मुकेश अंबानी एक बार फिर विश्व के सबसे धनी भारतीय बन गए हैं 

फ़ोर्बेस द्वारा जारी दुनियां के तमाम अमीरों के सूचि में रिलायंस इंडस्ट्रीज के अध्यक्ष और प्रबंधक निदेशक मुकेश अंबानी एक बार फिर विश्व के सबसे धनी भारतीय बन गए हैं  इनकी कुल सम्पति  19.6 अरब डॉलर हैं।

विश्व में सबसे धनी व्यक्तियों की सूची में फोर्ब्स पत्रिका के मुताबिक अंबानी 47वें स्थान पर फिसल गए हैं। इससे पहले वह 39वें पायदान पर थे। वहीं सांघवी 48वें पायदान पर फिसल गए। इससे पहले विश्व के धनकुबेरों की सूची में वह 44वें पायदान पर थे। फोर्ब्स के अनुसार शीर्ष-50 में स्थान पाने वाले केवल दो भारतीय अंबानी और सांघवी हैं।

रिलायंस इंडस्ट्रीज का कारोबार

2014-2015
रिलायंस इंडस्ट्रीज का शुद्ध लाभ मार्च 2015 में समाप्त चौथी तिमाही में ऊंचे रिफाइनिंग मार्जिन की बदौलत 8.5 फीसदी से बढ़कर 6,381 करोड़ रुपये हो गया।
साल की चौथी तिमाही का यह एकीकृत लाभ पिछले साल की इसी अवधि में 5,881 करोड़ रुपये रहा था।
वित्त वर्ष 2014-15 की चौथी तिमाही (जनवरी से मार्च) के दौरान कंपनी का कारोबार 67,470 करोड़ रुपये रहा, जबकि एक साल पहले इसी अवधि में यह 1,03,428 करोड़ रुपये रहा था। कच्चे तेल के दाम में गिरावट आने से कंपनी का कारोबार कम हुआ है। हालांकि, इस दौरान कंपनी का मार्जिन 10.1 डॉलर प्रति बैरल रहा जो कि  पिछले साल की तुलना में यह 9.3 डॉलर प्रति बैरल था।

Sources

Jagranjunction

career7India