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Global agencies’ faith in India is driven by strong democracy: PM Modi
(ANI) Indian Prime Minister Narendra Modi says that “optimism” about the Indian economy expressed by various global agencies is driven by the country’s “strong democracy, young demography and political stability”.
Addressing the inaugural session of the Madhya Pradesh Global Investors’ Summit in Indore, Modi said the state’s role will be crucial in the making of a developed India.
Citing observations of several global agencies, such as the International Monetary Fund (IMF) and the World Bank, Modi said institutions and credible voices that track the global economy have shown unprecedented confidence in India.
“This optimism for India is driven by a strong democracy, young demography and political stability. Due to these, India is taking decisions that boost the ease of living and ease of doing business. Even during a once-in-a-century crisis, we took the path of reforms. India has been on the path of ‘reform, transform and perform’ since 2014,” he said.
Modi pointed out that the IMF sees India as a “bright spot” in the global economy, while the World Bank says the country is in a better position to deal with global headwinds than many other countries. “This is because of India’s strong macroeconomic fundamentals,” he added.In its World Economic Outlook released last October, the IMF projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in 2021 for India. Modi said that the optimism is shared by global investors as well.
“Even your [delegates] presence among us reflects this sentiment,” he said.
Business leaders who were present at the inaugural session include Tata Sons chairperson N Chandrasekaran, Lulu Group chairman M A Yusuff Ali, and Adani Enterprises director Pranav Adani.
“The value of our ongoing projects is around Rs 27,500 crore. We are operational in the power, gas, cement, roads, agricultural processing, defence and irrigation sectors. I am delighted to announce that not only will we continue our investments in all these sectors, but we will also significantly expand our presence in MP. Our commitment to the state will see us investing in excess of Rs 60,000 crore in a wide variety of projects and sectors,” said Adani.
The PM also appealed to investors to take “maximum advantage” of the Production Linked Incentive (PLI) schemes, under which incentives worth more than Rs 2.5-lakh crore have been announced so far. Madhya Pradesh, said the PM, holds a place of uniqueness, magnificence and awareness (ajab, ghazab, sajag), playing on a popular catchphrase of state tourism.
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Lankan aircrew fly daring UN Medevac in hostile conditions in Africa
The Sri Lanka Aviation Unit operating under the United Nations (UN) mandate in the Central African Republic (CAR) has successfully carried out a critical Casualty Evacuation (CASEVAC) mission, under extremely hostile and volatile conditions.
The mission had been launched in response to an urgent request to evacuate two United Nations personnel who had sustained combat-related injuries in the Zemio area, the Sri Lanka Air Force (SLAF) said.
Accordingly, the evacuation has been conducted using a Mi-17 helicopter (UNO 325P).
The aircraft was captained by Wing Commander Nelson De Silva, with Flight
Lieutenant Arunoda Ekanayake serving as co-pilot.
The aircrew comprised Squadron Leader Sandeepa Wijayathunga, Sergeant WCN Senevirathne, and Corporal DVPM Rodrigo. The Aeromedical Evacuation Team included Group Captain Sujith Perera, Flight Sergeant KW Sumedha, and Flight Sergeant RDH Karunadasa, who provided critical in-flight medical care to the casualties, the SLAF stated.
The extraction site was located approximately 20 kilometres northeast of the Zemio Permanent Operating Base (POB) and posed significant operational challenges.
They included extremely dusty landing conditions, an unstable and rapidly evolving tactical environment, and the requirement for a precision landing under constant threat, the SLAF said.
Despite these constraints, the aircrew demonstrated remarkable courage, sound judgement, and outstanding airmanship throughout the operation.
A comprehensive threat assessment conducted by the aircraft commander, taking into account the critical condition of the casualties, reflected exceptional adaptability and operational decision-making, the statement added.
According to the SLAF, the total flight duration of the mission was one hour and 45 minutes. The injured personnel were safely evacuated from the hostile location and successfully transported to Bangui for advanced medical treatment.
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Lanka to observe National Safety Day today
Sri Lanka will mark National Safety Day today (26) with countrywide religious observances, a national moment of silence and the main state commemoration at the Peraliya Tsunami Memorial in Galle, officials said yesterday.
The annual observance, declared in the aftermath of the 2004 Indian Ocean tsunami that claimed over 35,000 lives and left more than 5,000 people missing, is held each year to honour victims of the tsunami and other disasters, while reinforcing public awareness on disaster preparedness.
Disaster Management Centre (DMC) Director General Retired Major General Sudantha Ranasinghe said the 2025 programme would be conducted with due consideration to prevailing weather conditions caused by the Ditwah cyclone, with district-level multi-religious observances planned across the country.
“National Safety Day is a moment of remembrance and reflection. It also reminds us of the importance of preparedness, early warning and community resilience,” he said.
The main national commemoration will take place at the Peraliya Tsunami Memorial from 8.30 a.m. to 11.00 a.m., with the participation of government representatives, religious leaders, disaster survivors and families of victims.
Secretary to the Ministry of Defence Air Vice Marshal (Retd) Sampath Thuyacontha said a two-minute silence will be observed nationwide from 9.25 am to 9.27 am today, in memory of all those who lost their lives to the tsunami and other disasters.
“All institutions and members of the public are requested to observe this moment of silence as a mark of respect and national solidarity,” he said.
DMC Additional Director General Pradeep Kodippili urged the media to provide wide coverage to the main commemoration in Galle as well as district-level programmes organised through District Secretariats.
“Media support and public participation are essential to ensure that the lessons of past disasters remain alive and that a culture of safety is strengthened across the country,” Kodippili said.
National Safety Day has been observed annually on December 26 since 2005.
By Ifham Nizam ✍️
News
Street vendors banned from Kandy City
All forms of street vending within the Kandy Municipal Council area will be banned from January 1, Mayor Chandrasiri Wijenayake has said.The Kandy Mayor said the decision had been taken as part of efforts to preserve it as a clean and aesthetically pleasing city and to allow the public to move freely while enjoying its surroundings.
He said the ban would apply not only to streets in the city centre but across the entire municipal council area. The move, he added, follows long-standing public requests for a more systematic regulatory framework within the Kandy urban area and is aimed at ensuring public convenience and welfare.
Wijenayake stressed that the decision would be implemented without reversal.
The Kandy Municipal Council has already issued formal notices to pavement vendors directing them to cease operations. Street vendors had requested a three-month grace period to relocate, which will expire on December 31.
By S. K. Samaranayake ✍️
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