www.thehansindia.com WEDNESDAY 29 NOVEMBER 2017 WARANGAL PAGES 20 `5.00 H Simultaneously published from Hyderabad | Warangal | Tirupati | Amaravati | Visakhapatnam | Khammam | Kurnool | Delhi H GES-2017 TAKES OFF Ivanka all the way P MADHUSUDHAN REDDY Prime Minister Narendra Modi launching the Hyderabad Metro Rail Project in Hyderabad on Tuesday. Also seen in the picture are Governor ESL Narasimhan, Chief Minister KCR, IT Minister KTR and Deputy CM Mohammed Mahmood Ali OUR METRO, OUR PRIDE PM OPENS RAIL PROJECT, TAKES THE FIRST RIDE Hyderabad: It was a red-letter day for Hyderabad when Prime Minister Narendra Modi unveiled the inaugural plaza of Metro Rail project at Miyapur on Tuesday and took the ﬁrst ride in a Metro train. It marked the inauguration of the much-awaited Rs 16,000-crore plus dream for the residents who have been going through a hell on earth every day, commuting through the congested roads with heterogenous traffic, not knowing when a major accident will occur. Narendra Modi, accompanied by Governor ESL Narasimhan, Chief Minister K Chandrasekhar Rao, his deputy Mohammed Mahmood Ali, Municipal Administration Minister K T Rama Rao and others, took the ﬁrst ride in the Metro train, driven by a young woman from Nizamabad S Supriya, from Miyapur to Kukatpally and back. The Metro Rail project is the world's largest Metro project in Continued on P4 a PPP mode. Photos: Hans India OUR BUREAU Hyderabad: The muchawaited Global Entrepreneurship Summit (GES) took off here on Tuesday amid fanfare with Prime Minister Narendra Modi inaugurating the threeday mega conclave even as Ivanka Trump, daughter of US President Donald Trump and his advisor, dazzled the venue with her scintillating presence and powerful speech. As many as 1,500 delegates from 150 countries gathered at the Hyderabad International Convention Centre (HICC), the venue of the conference, in Hi-Tech City, the city’s IT hub, here to debate and deliberate on issues and challenges that entrepreneurs face in the developing and developed countries. Delegates from India and abroad started arriving at the venue in the morning itself. By afternoon, the venue presented a veritable picture of diverse cultures, thoughts and beliefs. Representatives from countries like Bhutan came to the venue in traditional dresses while their counterparts from African countries. For a change, men took backseat at the event as women, for the ﬁrst in the short history of GES, far outnumbered their male counterparts. As per the organisers’ count, women accounted for 52 per cent of the total delegates, reﬂecting the global summit’s core theme of ‘Women First, Prosperity for All’. Further, all-women delegations arrived from more than 10 countries including Saudi Arabia and Israel, a leading destination for startups. As expected, Ivanka, who landed in the city in the early hours of Tuesday with a 350strong delegation from the US, was cynosure of eyes. Delegates broke into a thunderous applause when she along with Prime Minister Narendra Modi and Telangana Chief Minister K Chandrashekar Rao walked into the venue for the inaugural session that lasted for over an hour. KCR delivered a short speech that lasted for just three minutes, but he made a strong case for why Telangana would always be a best destination for investments. Continued on P4 Invest in India Sodara Sodarimanulara! Modi floors Hyderabadis with his address in Telugu OUR BUREAU Hyderabad: Prime Minister Narendra Modi drew a huge applause from BJP cadres, when he began his speech in Telugu in a brief party meeting at the Begumpet Airport on Tuesday prior to the launching of the Metro Rail Project. The Prime Minister said: “Sodara sodarimanulara! Mee andariki naa hrudayapurvaka subhakankshalu. Hyderabad ravadam naaku chala anandanga undi. Hyderabad antey naaku Sardar Patel gurtuku vastaru. Hyderabad Sansthananni Bharata Deshamulo kalipina Sardar Patel ku ee veerabhoomi nundi pranaamalu chestunna. Telangana vi- PM pitches India as best investment destination mochanam lo amarulaina veerulaki naa joharulu. Hyderabad oka adbhutamaina nagaram. Nalugu kotla Telangana prajalaku naa abhinandanalu. Bharatiya Janata Party prabhutvam Telangana abhivriddi ki kattubadi undi.” Mod signed off saying once again in Telugu: “Inta pedda sankhyalo naaku swagatam palikina BJP kaaryakartalaku naa dhanyavadalu. BUSINESS BUREAU Hyderabad: Using his powerful oratorical skills, Prime Minister Narendra Modi on Tuesday pitched India as the best investment destination and asked global entrepreneurs to invest in India for Indian and world markets. "To my entrepreneur friends from across the globe, I would like to say, 'Come, Make in India, Invest in India', for India and for the world. I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support," Modi said after inaugurating Global Entrepreneurship Summit here. Over 1,500 delegates from 170 countries are tak- No loan waiver for corporates: Jaitley New Delhi: The Union government has not waived any loans of big NPA defaulters, Finance Minister Arun Jaitley said on Tuesday dismissing rumours that loans of capitalists are being written off by banks. In a blog, Jaitley said that over the last few days, rumours are being propagated regarding waiver of loans of capitalists by banks. "The public needs to ask the rumour-mongers at whose behest or under whose pressure were such loans disbursed in the past. They should also be asked Address gender gap, India will be richer by $150bn: Ivanka BUSINESS BUREAU that when these debtors delayed in repayment of their loans and interest thereon to the banks, what decision was taken by the then government," the ﬁnance minister said. Continued on P4 Prime Minister Narendra Modi with Ivanka Trump, daughter and adviser of the US President, during the inauguration of the Global Entrepreneurship Summit 2017 in Hyderabad on Tuesday Hyderabad: It’s all the way Ivanka Trump, who has been the star attraction for the GES-2017 right from its schedule announced till date, in her keynote address impressed entire august gathering and those watched the event on TV. Ivanka made some keen observations on women’s contribution to the GDP and the plight of women entrepreneurs being faced Continued on P4 across the world. Telangana most favoured destination for investors ing part in the three-day event. The Prime Minister explained that his government had removed restrictions and abolished archaic laws to provide an investmentfriendly environment. “Over 1200 redundant laws have been scrapped, 87 rules for FDI have been eased in 21 sectors, and several government processes have been taken online,” he maintained. Pointing out that an investment-friendly environment needs to be stable from the macro-economic perspective, Modi said his government has succeeded in containing the fiscal and current account deficits as well as curbing inContinued on P4 flation. Hyderabad: Telangana Chief Minister K Chandrashekar Rao while speaking at the Global Entrepreneurship Summit (GES-2017) on Tuesday said that Telangana has become the most favoured destination for investors. P4 Varsities must become centres of excellence Trai upholds net neutrality VENKAIAH EXHORTS UNIVERSITIES TO PRODUCE MULTI-SKILLED STUDENTS New Delhi: Backing the idea of free and open internet, the Telecom Regulatory Authority of India (Trai) upheld net neutrality in its recommendations on Tuesday. The telecom regulator had earlier issued a consultation paper for over-the-top service. In 2016, the Department of Telecommunications had sought TRAI's recommendations on net neutrality. Trai has also dealt with the issue of differential pricing of data access. OUR BUREAU Vice President M Venkaiah Naidu and Chief Minister N Chandrababu Naidu inaugurating VIT-AP campus at Inavolu village in Guntur district on Tuesday Amaravati: Vice President M Venkaiah Naidu on Tuesday said the universities in the country should become centres of excellence and produce multiskilled students of tomorrow. "It is very painful to note that not one of our 760 universities is worldclass with that excellence. There are good universities in the country, but we need excellent universities," Naidu said here. The Vice President was addressing a meeting after inaugurating the AP campus of the Vellore Institute of Technology (VIT) at Inavolu village. "There is every need for institutes of higher learning to raise standards, improve pedagogy, enhance research activities and form greater linkages with the industry so that students are wellequipped to face the challenges of a globalised world," he said. "Digital technologies are playing a lead role in the world now and universities must produce multi-skilled students of tomorrow," he added. Naidu appealed to the universities, both public and private, to focus on enhancing skills, knowledge and raising the standards and then compete at the world-level. "With proper infrastructure, facilities and opportunities, our universities can excel," he said. The Vice President expressed hope that once the Indian economy strengthens, the government will spend more funds on education and higher learning. "The Centre and the states are not able to rise to the expectations of spending six percent of the Gross domestic product (GDP) on education because of competing requests and aspirations from every section of the society," he said, adding: "There is so much pressure for housing, roads, trains, airports, ports, metros... Prime Minister is doing his best." Continued on P4
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