Mon, Jun 26, 2017 | updated 07:12 PM IST

India blessed with fastest growing major market in Asia: Kerry

Updated: Aug 31, 2016 18:49 IST      
India blessed with fastest growing major market in Asia: Kerry

New Delhi, Aug. 31 (ANI): Asserting that New Delhi is blessed with the fastest growing major market in Asia, U.S. Secretary of State John Kerry on Wednesday said India will be globes most populous nation with a rising middle class and a huge reservoir of entrepreneurial talent by 2030.

"My friends sky is the limit and it's not just because of our close cooperation in aviation and space, nobody should be satisfied, even as we know the greater connectivity helps build prosperity and strength and regional trust," said Kerry while interacting with the students of IIT Delhi.

"And even though we are witnessing impressive gains in India's economic growth, there is still a real question whether or not we are doing so quickly enough and that comes down to some pretty basic arithmetic in order to just keep pace India has to create 13 million jobs a year. By any standards that's an enormous task and to meet that goals the young entrepreneurs urgently need the freedom to go out and pursue ideas, they need to be allowed to start a new business without a lot of red tape, they need to be able to access infrastructure that makes it easier to translate fresh concepts into successful companies," he added.

The US Secretary of State called for a market, which is fearless and full of transparency.

"You have to have sensible regulations and anybody's bureaucracy has to become more streamlined and effective, it has to become a partner in making decisions. You will have to adopt policies. The government has passed now the GST Bill, bankruptcy laws and made changes in foreign regulations and enacted sound macroeconomic reforms," said Kerry.

"The government has issued key initiatives like Start Up India or Digital India and next year India will co-host the Global Entrepreneur Summit, which will help showcase India's talent in global reform. Ultimately the goal is to ensure that the growth is not only impressive but sustained, leading to healthy competition, more jobs, less poverty and broad based expansion," he added. (ANI)

Criticising opposition in PM Modi's DNA: Congress

Updated: Jun 26, 2017 18:28 IST     

New Delhi [India], June 26 (ANI): The Congress Party on Monday said that criticising the Opposition has become the DNA of Prime Minister Narendra Modi.

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Municipal Commissioner arrested for taking bribe in MP

Updated: Jun 26, 2017 17:44 IST     

Satna (Madhya Pradesh) [India] June 26 (ANI): Satna Municipal Commissioner Surendra Kathuria was arrested on Monday by the Lokayukta while accepting Rs 12 lakh cash and gold worth Rs 10 lakh as an installment of bribe.

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New Delhi [India], June 26 (ANI): The Select Committee of Rajya Sabha will submit its report on National Commission for Backward Classes in first week of Monsoon session of Parliament.

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Phulbari (West Bengal) [India], June 26 (ANI): Border guards of India and Bangladesh exchanged greetings and sweets on Eid-ul-Fitr at West Bengal's Phulbari border on Monday.

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Hyderabad (Telangana) [India], June 26 (ANI): Union Urban Development Minister M Venkaiah Naidu on Monday exhorted the political parties to 'rise above politics' and extend their full support to the Goods and Services Tax (GST).

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Jorhat (Assam) [India], June 26 (ANI): Assamese beauty Rishita Baruah stood second runners-up in the recently concluded 'Mrs World 2017 International' held in Seattle, USA.

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Tripura Muslims pray for world peace ahead of Eid

Updated: Jun 26, 2017 16:11 IST     

Agartala (Tripura) [India], June 26 (ANI): Thousands of Muslims gathered at the Gedu Mia Mosque at Tripura's Agartala on the eve of Eid-Ul-Fitr to offer morning prayers to mark the end of Ramadan.

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CBI arrests a DRT official in alleged bribery case

Updated: Jun 26, 2017 16:01 IST     

Mumbai (Maharashtra) [India], June 26 (ANI): The Central Bureau of Investigation (CBI) on Monday arrested a Recovery Officer of the Debt Recovery Tribunal (DBT) and his accomplice for demanding a bribe of Rs.7, 00,000.

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New Delhi [India], June 26 (ANI): Hitting back at Bihar Chief Minister Nitish Kumar's decision to support National Democratic Alliance presidential candidate Ram Nath Kovind, Congress leader Ghulam Nabi Azad on Monday said people who believe in one principle, make one decision, but those who believe in many principles, make different decisions.

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New Delhi [India], June 26 (ANI): The Human Resource Development (HRD) Ministry on Tuesday appointed a new nine-member panel, under the Chairmanship of eminent scientist Krishnaswamy Kasturirangan,who headed the Indian Space Research Organisation (ISRO) from 1994 to 2003, to work on a New Education Policy (NEP).

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New Delhi [India], June 26 (ANI): With the Army considering the option of recruiting civilian staff in peace stations as part of its plans to end Sakayak system, a defence expert on Tuesday asserted that it will help the army in terms of economising on manpower.

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Presidential campaign: Kovind to visit Srinagar on June 28

Updated: Jun 26, 2017 13:24 IST     

Srinagar (Jammu and Kashmir) [India], June 26 (ANI): National Democratic Alliance's (NDA) presidential nominee Ram Nath Kovind will visit Srinagar on June 28 as part of the ongoing campaign, seeking support from its alliance partner, the Peoples Democratic Party (PDP).

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Yoga gaining popularity in Nagaland

Updated: Jun 26, 2017 13:18 IST     

Dimapur (Nagaland) [India], June 26 (ANI): When International Yoga Day was first observed in Nagaland, a Christian-dominated state in the North East, there were not many takers of the art of healthy living as a fitness art.

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Mumbai (Maharashtra) [India], June 26 (ANI): Sheena Bora murder accused Sheena Bora and 200 other women inmates have been booked for rioting in the Byculla Jail here.

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Patna (Bihar) [India], June 26 (ANI): Amidst the alleged rift between the Rashtriya Janata Dal (RJD) and Janata Dal (United) [JD(U)] over their contradictory choices on backing a presidential nominee, the latter has said the decision needs to be taken keeping national interest in mind rather than engaging in political confrontation.

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J-K Deputy CM says tight security in place for Amarnath Yatra

Updated: Jun 26, 2017 12:47 IST     

Jammu and Kashmir [India], June 26 (ANI): In the wake of the Amarnath Yatra 2017, Jammu and Kashmir Deputy Chief Minister Nirmal Singh asserted that all security arrangements have been made and the public need not worry about anything.

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Gorkhas dejected over questions raised on them being Indians

Updated: Jun 26, 2017 12:16 IST     

Darjeeling (West Bengal) [India], June 26 (ANI): As the indefinite shutdown in Darjeeling entered its 11th day on Monday, the Gorkhas expressed their dejection over doubts being raised about their nationality.

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BJP President Amit Shah arrives in Puducherry

Updated: Jun 26, 2017 11:40 IST     

Puducherry [India], June 26 (ANI): Bharatiya Janata Party (BJP) President Amit Shah arrived in Puducherry on a two-day visit on Monday.

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Etah (Uttar Pradesh) [India], June 26 (ANI): A woman in Uttar Pradesh's Etah district allegedly thrashed her 85-year-old mother-in-law and pushed her off the terrace for not registering the property in her name.

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Seven killed, 5 injured after jeep rolls down cliff in Shimla

Updated: Jun 26, 2017 11:06 IST     

Shimla (Himachal Pradesh) [India], June 26 (ANI): At least seven people were killed and five others suffered serious injuries when the jeep they were travelling rolled down a cliff in Shimla, Himachal Pradesh last night.

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