India turning into global investment hub: Minister
New Delhi, April 22: India is turning into a global hub for investments due to the conducive environment provided by the Central government, Union Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti said on Sunday.
"The Union government is providing environment for the investment in different sectors, that's why in the last few years India is coming up as the global hub of investors," she said at the Global Investment Summit 2018 organised by the Abode 1st Group of Companies in Gurugram.
"The government is taking every possible step to make policies favourable to investors, and result of it we can see investment scenario being built up here," a statement from the organisers quoted the minister as saying.
She added that Non-Resident Indian businessmen and industrialists are also "expanding their businesses in the country".
According to Abode 1st Group of Companies MD Sandeep Singh Deswal, around 400 investors from around the world gathered for the event "and gave their principle consent to invest in different fields".
Abode 1st Group of Companies is a Gurugram-based group dealing in asset management, wealth management and interiors.
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Davangere: Two policemen injured in stone pelting during Ganesha procession
Davangere: Reports state that two groups engaged in stone pelting at each other during Ganesha idol immersion ceremony in Davangere on Thursday. Two police personnel were injured in the incident.
Few days ago, two groups of youth engaged in verbal altercation regarding raising of a flag for Eid Milad celebration. On account of the clashes, police had heightened security for the Ganesha procession. Despite the additional security, stones were pelted at the procession, sources stated. Inspector Gururaj and constable Raghavendra were injured in the incident. The procession continued after the police brought the situation to control. However, the stone pelting resumed once again as the procession surged forwards.
Security has been tightened up in the area and all shops have been closed down by the police. The two police personnel, who were injured in the stone pelting, are undergoing treatment at a hospital.
