FREE PRESS - VOL. 12 NO. 212 | BHOPAL | THURSDAY | JANUARY 12, 2023 | PAGES 16 Regd. No. Indore MP/ICD 216/2021-2023; RNI No. mpeng/2010/35815 EDITIONS: INDORE, BHOPAL, UJJAIN, MUMBAI, PUNE `3 QUALITY AT VALUE WEATHER 25.30c. 09.00c ADANI TO INVEST `60K-CR, RELIANCE ` 40K-CR WWW.FREEPRESSJOURNAL.IN NATION JOSHIMATH: CONVINCING LOCALS FOR DEMOLITION IS THE NEW TASK FOR 24X7 UPDATES MISSION ACCEPTED! Pg-16 Sunrise : 07.09 Sunset : 05.59 7TH EDITION OF GLOBAL INVESTORS’ SUMMIT BEGINS ON A PROMISING NOTE OUR STAFF REPORTER / Indore Major business houses including Adani Group, Reliance Group, Adita Birla Group and JSW Group pledged investment of several thousand crores of rupees at the inaugural session of the 7th edition of the Global Investors Summit (GIS) organised by the Madhya Pradesh government, here at Brilliant Convention . Centre on Wednesday While Adani Group committed investment of Rs Reliance crore, 60,000 Group and Aditya Birla Group announced plans to invest Rs 40,000 crore and . Rs 15,000 crore respectively JSW Group also pledged Rs 4,500 crore investments in the state in next two years. Appealing to the industrialists to invest in Madhya Pradesh, Chief Minister Shivraj Singh Chouhan said it is the fastest growing state in the country with adequate land and water, surplus power, skilled manpower, good infrastructure and pro-industry policies. CM said that Madhya Pradesh's growth rate is highest in the country at 19.76 per cent, its contribution to country's GDP now stands at 4.6 per cent, its GSDP is 12 lakh crore. "We have 2 lakh acres of land bank for industries. The industrialists who have come to attend the GIS can put a finger on the state's map and we will allocate the land within 24 hours. We have 24x7 power PM: IMF sees India as 'bright spot' in global economy OUR STAFF REPORTER firstname.lastname@example.org From left: Suriname President Chandrikapersad Santokhi, Guyana President Mohamed Irfaan Ali, Chief Minister Shivraj Singh Chouhan, Union minister Prahlad Patel, Birla Group chairman Kumar Mangalam Birla, MA Yusuf Ali and Force Motors Chairman Abhay Firodia at the inauguration of Global Investors Summit in Indore on Wednesday Global leader in heart stents to set up unit in Ujjain TO INVEST ` 200cr & start production in two-and-half years MANISH UPADHYAY / Indore An Indian company and global leader in making heart stents, SMT, plans to set up a manufacturing unit in Ujjain with an investment of Rs 200 crore. If things go according to plans, T SMT is a global medical devices company engaged in making advanced medical technological equipment, which is used in 79 countries. Its specialisation is in the field of cardiovascular healthcare Dr Rajiv Chhibbar, V-P (External Affairs) of SMT production of heart stents will start in the next two and half years. Dr Rajiv Chhibbar, vice-president (External Affairs) of SMT, who was here to take part in the GIS, spelt out his plans in an exclusive chat with this correspondent. "We already have a presence in Surat, Mangalore, and in Hyderabad, we have Asia's largest stent manufacturing plant. We plan to set up our first plant in MP in the upcoming Medical Devices Park, in Ujjain, with an investment of Rs 200 cr. CONTD. ON P6 here is immense enthusiasm for investment in MP, not only among domestic but also global investors. I feel our efforts will bear fruit. I have to make the state a $ 550 billion economy by 2026 and this summit will be a milestone in this direction. MP wants to run with the speed of Cheetah... SHIVRAJ SINGH CHOUHAN, CM LEADING INDUSTRIALIST Among the leading industrialists participating in GIS include Tata Group chairman N Chandrasekaran, Aditya Birla Group chairman Kumar Mangalam Birla, CII DG Chandrajit Banerjee, Godrej chairman Nadir Godrej, Force Motors chairman Aditya Firodia, Accenture India chairperson Rekha Menon, JSW Cement MD Parth Jindal, ITC chairman Sanjeev Puri, Reliance New Energy executive director Nikhil Meswani, Bajaj Finserv chairman Sanjeev Bajaj, Adani Agro chairman Pranav Adani and Avaada Group chairman Vineet Mittal, . supply We have adequate water for industries as we have rivers like Narmada which flow throughout the year. Madhya Pradesh is a peaceful state. The law and order in the state is intact. MASSIVE PARTICIPATION Over 5000 industrialists, and 70 big industrial houses are participating in the summit. The theme of summit is "Madhya Pradesh: The Future Ready State". Besides, 10 partner countries,Panama foreign minister, Mauritius finance minister, Bangladesh commerce minister, Zimbabwe minister for minerals, ambassadors or consulate generals from 33 countries, 431 business delegates from 84 countries are also participating in the summit. We also have skilled manpower and we are making global skill park in Bhopal where manpower will be trained as per the requirements of the industries. CONTD. ON P6 Noting that global institutions and credible voices have unprecedented confi, dence in the country Prime Minister Narendra Modi on Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global . economy "And World Bank says India is in a better position to deal with the global headwinds than many other countries. This is all because of India's strong macroeconomic fundamentals," he said while virtually addressing the inaugural function of the 7th edition of Invest Madhya PradeshGlobal Investors Summit in Indore. Quoting Morgan Stanley, the PM said that India is moving towards becoming the world's third-largest economy in the next four to five years. "The CEO of McKinsey has said that not just the present decade but the century itself belongs to India," he added. CONTD. ON P6 BHOPAL GAS TRAGEDY CASE Industrialists hail CM's economic policies If govt feels victims CHOUHAN HAS CREATED AN ATMOSPHERE WHICH IS CONDUCIVE TO INVESTMENTS: CHANDRASEKARAN News Brief Four hurt in MYH compressor blast INDORE: Four people sustained minor injuries in a compressor explosion on the premises of the blood bank of the Government Maharaja Yashwantrao Hospital (MYH) here on Wednesday, a senior official said. Protesting farmers vandalise power plant BUXAR: Angry farmers in Buxar district of Bihar on Wednesday set on fire a police van and vandalised government vehicles after a late-night police crackdown against a group of protesting farmers, said agency. The farmers have been demanding better rates for their land which is being acquired by the state government for the Chausa Power Plant. Locals alleged that police had entered a farmer’s house on Tuesday night and thrashed him. Caste survey: SC to hear plea on Jan 20 NEW DELHI: The Supreme Court Wednesday agreed to hear on January 20 a plea against the Bihar govt's decision to conduct a caste census in the state.A bench of CJI DY Chandrachud and Justice P S Narasimha posted the matter for hearing after a lawyer appearing for petitioner mentioned the matter. Court sentences Sanjay Singh to 3-month jail SULTANPUR: A special court awarded three-month imprisonment and a fine of Rs 1,500 to AAP MP Sanjay Singh and five others on Wednesday in a case registered against them in 2001 over a protest against frequent power cuts in the Uttar Pradesh town. NITENDRA SHARMA Indore All renowned industrialists from across the country who have gathered in Indore for the Global Investors' Summit appreciated the policies of Chief Minister Shivraj Singh Chouhan and the business environment he has created in the state. Chairman of Tata Group, N Chandrasekaran, said Chouhan created an environment which is apt to investments. This has attracted industrialists to the state, so it is developing by leaps and bounds, he said. Similarly, director general of Confederation of Indian Industry (CII), Chandrajit Banerjee, said CII had worked well in Madhya Pradesh, and it was possible because of the policies of the CM. Those policies have generated positive impact on the investors, besides Chouhan has organised the summit in a better , way Banerjee said. Managing director of Adani Agro, Pranab Adani, said the social policies of the state government led by Chouhan created a fine impact for which he earned laurels from everywhere, but he also did a fine work in improving the state's fis- CM to be decided only after Cong wins polls: Nath OUR STAFF REPORTER email@example.com MPCC president Kamal Nath has said the chief ministerial candidate will be decided only after the Congress wins the election. Nath made the statement during an interaction with media persons in Bhopal on Wednesday A few days ago, . some Congress leaders put up hoardings at the PCC office and at other places, mentioning that Nath would be the next CM. Nevertheless, according to Nath, he does not make announcements as other politicians do. There is enthusiasm Former Chief Minister Kamal Nath addressing Congress workers at the party office in Bhopal on Wednesday. among the people as well as among the party men about the ensuing assembly election, Nath said, adding that they are ready to change the present ruling dispensation. "The seats, which the Congress has been losing for many years, will see a change in the upcoming elections. The Congress will get historic mandate," he said. CONTD. ON P6 cal health. As a result of his economic policies, many industrialists have been attracted to the state, he said. Chairman of Birla Group, Kumar Mangalam Birla, said Chouhan's style of working is inspiring, and being enthused by it, he came to attend the summit. The state has created a positive environment for setting up industries, he said. CONTD. ON P6 Rs 2,600 cr incentive scheme to promote RuPay debit card NEW DELHI The Cabinet on Wednesday approved a Rs 2,600 crore scheme for promoting RuPay debit cards and low-value BHIM-UPI transactions. Under the scheme, banks will be provided financial incentives for promoting Point of Sale (PoS) and ecommerce transactions using RuPay and UPI in the current financial year. The decision in this regard was taken in the meeting of the CCEA, headed by PM Modi. "India's strides in digital payments will be further strengthened by today's Cabinet decision regarding promotion of RuPay Debit Cards and BHIM-UPI transactions," Modi said. are entitled, pay them: SC to Centre NEW DELHI The Supreme Court on Wednesday told the Central government it was not prohibited from granting relief to the Bhopal gas tragedy victims, and it cannot absolve from itself from the welfare state principle saying that its stand was that it "take it from them (successor firms of Union CarCorporabide tion) (and) "as and when taken from them", it will pay . A five-judge constitution bench headed by Justice Sanjay Kishan Kaul and comprising Justices Sanjeev Khanna, Abhay S. Oka, Vikram Nath and J.K. Maheshwari, grilled Attorney General R Venkataramani, representing the Centre, as to how could it file a curative petition without filing the review. The bench told the AG that the central government was not prohibited from granting relief to the Bhopal gas tragedy victims. It said: "Their (successor firms of Union Carbide Corporation) argument is that you are opening the whole thing. You said we are not opening the whole thing... you are saying accept more liability If they . are willing, then no problem, but they are saying 'No you chose to enter into a settlement, not under any duress or pressure that is nobody's case, can't be'." The bench further added that if the government feels victims are entitled to be paid more, "please pay them... the question is what we should do in curative petition... Pay them, most welcome to do". The bench told the AG as a welfare society "if you are so concerned you want to pay more; you should have paid more". As the AG replied that if Union of India was delinquent, then all these questions would have been answered, but somebody else is delinquent, the bench said: "No, absolutely no... you as a welfare state adopt a different principle whatsoever, whether you are liable or not." INAUGURATING GIS VIRTUALLY, PM SAYS... MP is ajab, gajab and sajag Modi said there is an important role of Madhya Pradesh in building a developed India. "From faith, spirituality to tourism, from agriculture to education and skill development, Madhya Pradesh is 'ajab,gajab and sajag'," he said. "I can say this with confidence that Madhya Pradesh has the potential and resolve and will go two steps ahead in your (investors) progress," Modi said. He said the GIS is organised at a time when the 'AmritKaal' of India's independence has started. Modi said MP has also joined the national single window system, started by the Centre recently. About 50,000 approvals have been given through it so far. CONTD. ON P6 Google fails to get interim relief in App store case NEW DELHI In a setback for Google, an on tribunal appellate Wednesday refused an interim stay on the competition regulator imposing a Rs 936-crore penalty on the US tech giant for abusing its dominant position in the market. The NCLAT directed Google to deposit 10% of the fine that was slapped by the CCI in a case related to its Play Store policies. A week back, Google failed to get relief from the NCLAT on a separate Rs 1,337.76 crore fine imposed by CCI on alleged abuse of the dominant position that the US tech giant has in the Android smartphone operating sys. tem in the country It was asked to deposit 10 per cent of the fine within four weeks. Google challenged that order before the SC, which . agreed to hear it on Monday While in the first case, CCI had in October last year asked Google to allow smartphone users on the Android platform to uninstall apps and let them select a search engine of their choice, the regulator had stated that the company to take corrective steps on policies that forced developers to use Google Play's billing system to list their apps on its Play Store. RRR waltzes into history with Golden Globe for Naatu Naatu Explosion near Afghan Beat Taylor Swift, Rihanna and Lady Gaga to win the coveted award WHAT THEY SAY AGENCIES Los Angeles "Naatu Naatu", the irrepressible, fun number from the blockbuster "RRR", danced its way to a Golden Globe as the 'best original song-motion picture' -- and to Indian showbiz history -at a star spangled awards ceremony here. The song, which beat the likes of Taylor Swift, Rihanna and Lady Gaga, to Keeravani poses in the press room with the award for best original song, motion picture for "Naatu Naatu" at the 80th annual Golden Globe Awards at the Beverly Hilton Hotel on Tuesday win the coveted award is the first time that an Indian production has won a Gold- en Globe. Organised by the Hollywood Foreign Press Association, the presti- "A very special accomplishment! Compliments to @mmkeeravaani, Prem Rakshith, Kaala Bhairava, Chandrabose, @Rahulsipligunj. I also congratulate @ssrajamouli, @tarak9999, @AlwaysRamCharan and the entire team of @RRRMovie . This prestigious honour has made every Indian very proud," the PM MODI tweeted. "Congratulations RRR, for winning the Golden Globe Award .. a most well deserving achievement (sic)." AMITABH BACHCHAN "Incredible ..Paradigm shift Congrats Keeravani Garu from all Indians and your fans! Congrats@ssrajamouli Garu and the whole RRR team," AR RAHMAN tweeted. "Overwhelmed by the response from all over for the Golden Globe. Thank You for all your wishes," composer MM KEERAVAANI SPEECHLESS. Music truly knows no boundaries. Director SS RAJAMOULI gious awards, which mark the beginning of the Hollywood season that ends with the Oscars, were presented here on Tuesday night. CONTD. ON P6 foreign ministry kills 20 KABUL An explosion near the Foreign Ministry in the Afghan capital on Wednesday killed 20 people and wounded several others, a Taliban police spokesman said. There was no immediate claim of responsibility for the attack, but the regional affiliate of the Islamic State group — known as the Islamic State in Khorasan Province — has increased its assaults since the Talof takeover iban Afghanistan in 2021. Targets have included Taliban patrols and members of the . country's Shiite minority The mid-afternoon explosion was followed by peals of sirens. Taliban security forces prevented journalists from getting close to the site, threatening them with guns and telling them to leave. chief police Kabul spokesman Khalid Zadran said security teams have been deployed to the site. Later he said that as the result of the explosion, “20 civilians were killed and a number of others were wounded."