AV 17th January 2015

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UK to set up trade centre in Ahmedabad: Priti Patel

First & Foremost Asian Weekly in Europe

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15 honoured with Pravasi Bharatiya Samman

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C B Patel launches online writing competition on Gandhi's life

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VOL 43. ISSUE 35

Let noble thoughts come to us from every side

80p

17th January to 23rd January 2015

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More Reports on pages 16, 17, 18 & 20 Indian Prime Minister Narendra Modi said that India would be the easiest place to do business and stated that his government would pursue “predictable and transparent� policies and ensure stable taxes. Addressing political and business leaders, including US Secretary of State John Kerry, UN Secretary General Ban Kimoon and World Bank head Jim Yong Kim and nearly 2,500 delegates from over 111 countries at the opening of the Seventh Vibrant Gujarat Global Investors Summit at Mahatma Mandir in Gandhinagar, Modi said: “Since day one, my gov-

ernment is actively working to revive the economy. My government is committed to creating a policy environment that is predictable, transparent and fair‌ We are clear that our tax regime should be stable.â€? Seeking to address key concerns of foreign investors, he said: “(Ease of doing business in India) is a prime concern for you and for us. I assure you that we are working very seriously on these issues. We want to make them not only easier than earlier, not only easier than the rest, but we want to make them the easiest.â€? Emphasising the

advantages of doing business in India, he said: “India has three things to its credit - democracy, demography and demand. This is what you are looking for. And I am sure you will not find all of them together at any other destination.’’ He also spoke of low-cost manufacturing and high-quality manpower. “We are planning to take a quantum leap,� he said, in his 40-minute speech in English. “India is changing fast, growing fast, moving faster than expected, learning even faster,� he said. Listing his government’s achievements, he spoke of the Jan

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Dhan scheme, and his Make in India campaign to promote manufacturing. “We are not only making commitments and announcements. We are also backing them up with concrete action,� he said. “People say Modi does everything with hype, but it is this hype that pressures the government,� he said, addressing the local audience in Hindi. Appealing to world leaders to join hands for “progress, prosperity and peace’’, Modi said, “aao saath chalein� (Come walk with us). He assured that the government would “hold your hands Continued on page 26

India is full of opportunities, Modi tells expats

Indian Prime Minister Narendra Modi said that several opportunities await NRIs in India and they would be welcomed with open arms. Addressing delegates at

the 13th edition of Pravasi Bharatiya Divas (PBD) at Mahatma Mandir in Gandhinagar, Modi said, "The world is seeing India with Continued on page 26

Srisena sworn in new Lanka President

former cabiIn a stunEra of hope for net minister ning elecSri Lanka... page 3 Maithripala tion result Sirisena. Rajapaksa, that was unthinkable just whose nearly a decadeweeks ago, Sri Lanka's long rule was marked by longtime president the defeat of LTTE and Mahinda Rajapaska has end of civil war, been defeated by his onetime political ally and Continued on page 26

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