Business
Ambedkar’s ideals guiding principle for govt, says President Kovind
Indian President Ram Nath Kovind officially opened the parliamentary budget session on Monday, addressing a joint session of the lower and upper houses. On the first day of the budget meeting, the economic survey will be presented by Federal Finance Minister Nirmala Sitharaman. Union budget for 2022-23, due on Tuesday.
Addressing both chambers in the central hall, Kovind touched on a variety of topics, including the ongoing Covid-19 pandemic in the country, as he continued to pay tribute to freedom fighters who fought for India’s freedom as it entered its 75th anniversary independent. The President also recalled the teachings of BR Ambedkar, who believed that his ideal society would be one based on independence, equality and harmony.
Full Coverage: Union Budget 2022-23
“Democracy is not just a form of government, democracy is based on respect for the people. My government sees Babasaheb’s ideals as its guiding principle,” asserted Kovind.
Here are the top 10 points from Kovind’s address to Parliament:
In his speech, Kovind emphasized that more than 70% of beneficiaries were vaccinated against Covid-19, as he noted that the country’s citizens received 1.5 billion doses in record time.
He also mentioned that the Rs 64,000 crore PM Ayushman Bharat health infrastructure mandate will prepare the country for future health crises as the country battles the ongoing third wave of the pandemic.
India received $48 billion in foreign direct investment (FDI) in the first seven months of the fiscal year, Kovind said, saying it was a testament to investors’ confidence in the country.
“My administration’s tireless efforts have made India one of the fastest growing economies in the world,” said President Kovind.Since 2016, the country has established more than 60,000 start-ups in 56 different industries, creating 600,000 new jobs, the president said.
Talking about gender equality, Kovind highlighted Narendra Modi’s move to raise the marriage age for women to 21.
Complete News Source : Hindustan Times
Business
Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
Tributes continue to pour in for Ratan Tata, with Virat Kohli and Jay Shah taking to their social media accounts to bid farewell to the industrialist.
Former Indian captain and batting legend Virat Kohli paid a touching tribute to Ratan Tata, the legendary business tycoon, who passed away on Wednesday night. Tata, a Padma Vibhushan recipient, was undergoing treatment in intensive care since Monday but breathed his last in Mumbai, leaving a profound impact on many across the nation.
Kohli expressed his condolences through his Instagram account on Thursday morning, sharing a heartfelt message along with a photo of the late industrialist.
Tata’s contribution to business, society, and philanthropy has been widely acknowledged, and his passing marks the end of an era.
The Board of Control for Cricket in India (BCCI) secretary, Jay Shah, also conveyed his sorrow, stating, “Deeply saddened by the loss of Shri Ratan Tata Ji. His leadership, integrity, and dedication to society set a remarkable standard for legacy. My heartfelt condolences to his loved ones. Rest in peace, Sir.” Shah’s words reflect the collective grief of a nation that has long admired Tata’s contributions to the country.
BCCI’s tribute
Additionally, the BCCI issued a statement about his demise.
“The BCCI expresses its deepest sorrow and joins the nation in mourning the passing of Shri Ratan Tata ji. His invaluable contributions across diverse fields have been instrumental in shaping India’s growth and success story.
His extraordinary legacy, founded on the principles of passion, empathy, visionary leadership, innovation, and excellence, will continue to inspire and guide future generations for years to come,” the statement read.
Ratan Tata, born on December 28, 1937, in Mumbai, embarked on his journey with the Tata Group in 1962 as a young executive. Over the decades, he transformed the group into a global conglomerate. His work was acknowledged with India’s second-highest civilian honour, the Padma Vibhushan, in 2008, and he received numerous accolades, including honorary doctorates from prestigious institutions in India and abroad.
Tata is survived by his family, including brothers and sisters Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata, and others, as mentioned in a family statement.
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