logo
Tenali will be a model in P4 implementation: AP Minister Nadendla Manohar

Tenali will be a model in P4 implementation: AP Minister Nadendla Manohar

GUNTUR: Tenali will be a model constituency for poverty eradication under the newly launched P4 initiative, Civil Supplies and Consumer Affairs Minister Nadendla Manohar announced on Wednesday.
Speaking at the Tenali Vision Action Plan meeting at the Secretariat, Nadendla, who is also the Tenali MLA, revealed that 14,280 'Golden Families' have been identified in the region, with 238 donors pledging to support around 4,000 families.
These families will receive assistance in employment, education, healthcare, agriculture, chronic illness support, and bank loans.
The P4 programme aims to uplift 50 lakh families from poverty by 2029 as part of Vision 2047, he affirmed.
A dedicated website: www.zeropovertyp4.ap.gov.in, will soon be launched.
The minister also called for participation from NRIs and non-resident Tenali citizens, encouraging them to join as mentors. An orientation event for volunteers will be held soon. 'This action plan is a roadmap to transform Tenali and replicate the model across the State to systematically eliminate poverty,' Nadendla said.
Sub-Collector Sanjana Simha, Municipal Commissioner Lakshmipathi Rao, and others were present at the meeting.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CM Chandrababu to Launch Schemes on National Handloom Day in Mangalagiri
CM Chandrababu to Launch Schemes on National Handloom Day in Mangalagiri

Hans India

time27 minutes ago

  • Hans India

CM Chandrababu to Launch Schemes on National Handloom Day in Mangalagiri

Mangalagiri: Andhra Pradesh Chief Minister Nara Chandrababu Naidu is set to visit Mangalagiri today (Thursday) to take part in a series of official programmes, including the celebrations for the 11th National Handloom Day. As part of the day's events, the Chief Minister will launch three key welfare schemes: free electricity for eligible weavers, GST reimbursement by the government, and a thrift fund initiative aimed at supporting the handloom sector. During his visit, Mr Naidu will tour the Mangalagiri Handloom Development Centre, where he will inspect looms and examine handloom fabrics created by local artisans. A review meeting on creative policy is scheduled to take place in the afternoon at the Chief Minister's camp office in Undavalli. Later in the evening, Mr Naidu will attend the P4 programme at the Novotel hotel in Vijayawada.

Remit money home free, in minutes: New platform from IDFC FIRST for NRIs
Remit money home free, in minutes: New platform from IDFC FIRST for NRIs

Business Standard

time3 hours ago

  • Business Standard

Remit money home free, in minutes: New platform from IDFC FIRST for NRIs

In a move aimed at redefining cross-border remittances, IDFC FIRST Bank on Wednesday launched RemitFIRST2India, a new-age, fully digital platform designed to empower Non-Resident Indians (NRIs) with seamless, secure, and zero-fee money transfers to India. Developed in partnership with SingX, a Singapore-based licensed remittance provider, RemitFIRST2India combines cutting-edge technology with customer-first features—bringing real-time tracking, transparent forex rates, and zero transfer fees under one sleek platform, the bank said in a statement. Key Highlights: Zero Transfer Fees – No processing or platform charges on remittances. Competitive, Guaranteed Forex Rates – Transparent and without hidden markups. Digital, Paperless Experience – Quick transfers to any Indian bank account. Welcome Benefits – First three transfers come with extra forex margin for new users. The platform is integrated into the IDFC FIRST Bank Mobile Banking App, allowing existing NRI customers to make transfers without additional registration. For non-IDFC FIRST Bank NRIs, a dedicated web portal offers a completely paperless onboarding experience. With a one-step profile creation, users can initiate transfers instantly. Speaking about the platform, Ashish Singh, Head Retail Liabilities, IDFC FIRST Bank, said: 'RemitFIRST2India is more than a remittance solution — it reflects our vision of putting the customer first. We've built it to be intuitive, transparent, and truly global. Whether you're an existing or new customer, you can now send money home in just a few clicks—securely, affordably, and with peace of mind.' With the Indian economy emerging as a global investment hotspot, remittance behavior is also evolving. According to Atul Garg, CEO, SingX: 'The world's eyes are on India, and NRI flows are expected to double in the next five years. While family support remains a core reason for remittance, we now see growing interest in Indian debt and equity markets. RemitFIRST2India is built for this future. Why It Matters for NRIs Saves Money: No more hefty transfer fees or inflated forex rates. Saves Time: Instant setup and fast processing without paperwork. Builds Trust: Licensed partners, compliant operations, and real-time updates on every transaction. As more NRIs look to support families, invest in Indian assets, or simply manage funds across borders, platforms like RemitFIRST2India make global banking not just easier—but smarter.

Branded residences in India: Luxury hotel chains expand their market presence
Branded residences in India: Luxury hotel chains expand their market presence

Economic Times

time6 hours ago

  • Economic Times

Branded residences in India: Luxury hotel chains expand their market presence

Synopsis India's branded residences market is gaining traction, attracting major players like Marriott, ITC, Wyndham, and Radisson. These companies are exploring opportunities across various locations, driven by demand from HNWIs and NRIs for luxury, service-oriented living. The sector is projected to grow significantly, with brands leveraging their hospitality expertise to offer premium residential experiences. Agencies Marriott International, ITC Hotels, Wyndham Hotels & Resorts and Radisson Hotel Group are among a growing suite of companies pursuing branded residence opportunities in India. Add to the list two big Italian names—a luxury fashion house with interests in apparel and home furnishings and a luxury lifestyle major that's into real estate and hospitality. ITC Hotels MD Anil Chadha told ET this week it's in talks to enter the segment in India. Nandivardhan Jain, founder and CEO of Noesis Capital Advisors, said his company has undertaken over 17 feasibility studies for branded residences over the past two quarters, with half of these projects in advanced discussions for locations such as Mumbai, Delhi NCR, Bengaluru, Chennai, Goa, Solan, Coorg and Chikmagalur. The global branded residences market is valued at $60 billion, with Asia accounting for 42% of this. India, where the market is still nascent, has an 8% share of Asia's branded residence market, ranking among the top six countries in the region by market value. Such residential projects are typically established by, or in association with, luxury hospitality and fashion brands. These homes offer prestige addresses and brand-linked standards to go with them, along with premium pricing. Some may have brand's hotels adjoining the property. Jain estimates India's branded residence sector is projected to grow by 60% over the next five years, reflecting the appetite for luxury and service-oriented living, particularly among highnet-worth individuals (HNWIs) and non-resident Indians (NRIs).ITC is considering leveraging its boutique brand Storii. 'We are exploring if we can build Storii villas around a Storii property. In the Welcomhotel space, we are exploring opportunities for residences,' Chadha added. Marriott International is 'actively' exploring opportunities to expand its branded residence portfolio across the country through 15 brands. These include JW Marriott, St Regis, Marriott, Westin, Sheraton and The Ritz-Carlton, said Penny Trinh, vice president for mixed use development at Marriott International, Asia Pacific (excluding China).'We are in discussions for several new locations that align with our strategic vision and brand standards, including both tier 1cities and established lifestyle destinations,' she first of these, under the Westin brand, is expected to be launched by Marriott International and is anticipated to be completed in 2031. Developed by Whiteland Corp, this Westin Residences project is expected to be the biggest globally under the per the official Whiteland Westin Residences website, prices for three-bedroom units start at Rs 5.85 crore. Radisson Hotel Group is also examining opportunities in markets such as Jaipur, Goa and other tier 1destinations for branded residences, said Nikhil Sharma, MD and COO for South Asia at the chain. Radisson is 'well-positioned' to introduce this model in India, given its global experience in managing branded residences in markets such as Dubai and Istanbul, he said. 'Our aim is to integrate hotelgrade services into premium residential living, providing homeowners with access to concierge, wellness, housekeeping, and curated dining experiences,' Sharma said. 'We are evaluating brands such as Radisson Blu and Radisson Collection to ensure consistency in quality and service delivery.'International lifestyle brands that have achieved success in West Asia are also pursuing opportunities, said Deepak Jain, founder of Mayfair Consultants. Currently, we are assessing projects ranging from 60-120 apartments for locations such as Goa, Gurugram, Greater Noida and Mumbai,' he said. Dimitris Manikis, president of the EMEA region at Wyndham Hotels & Resorts, told ET last month that he's keen to explore possibilities in the space in India, perhaps lower down the price range.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store