&w=3840&q=100)
MoUs worth ₹4.18 trillion unveiled at Rising North East Summit: Scindia
Union Minister Jyotiraditya Scindia has said MoUs worth Rs 4.18 lakh crore have been announced with regards to the 'Rising North East Investors Summit 2025' underway in Delhi.
The summit was inaugurated by Prime Minister Narendra Modi at Bharat Mandapam in the national capital on Friday. It aims to highlight the region as a land of opportunity, attracting global and domestic investment, and bringing together key stakeholders, investors and policymakers on a single platform. "For the first time, a joint programme for all eight states of the north east is underway. Roadshows were held for it in cities like Bengaluru, Mumbai, Ahmedabad, Chennai, Delhi, Kolkata, and Indore. Meetings were held with various industrial groups. As a result of this effort, a world-class investment summit was organized. Memorandums of Understanding worth Rs 4.18 lakh crore have been announced," Scindia told reporters on Friday. "Each state received investment proposals of Rs 20,000 crore. Along with industrial group leaders, new entrepreneurs from the eight states and ambassadors from 50 countries participated in the summit. We are committed to ensure these investments take off," said Scindia, the Union Minister for Development of North Eastern Region. The main focus sectors of investment promotion include tourism and hospitality, ago-food processing, textiles, handlooms and handicrafts, healthcare, education and skill development as well as information technology.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Print
30 minutes ago
- The Print
Pak writing its own epitaph: Naqvi
New Delhi, Jun 7 (PTI) BJP leader and former Union minister Mukhtar Abbas Naqvi said on Saturday that Pakistan is writing its own epitaph by offering a sanctuary to terrorists and asserted that it amounted to bleeding Islam. Talking to reporters while celebrating Eid ul-Azha, Naqvi said Pakistan has given a licence to 'barbarian beasts' to wound humanity and Islam and made terrorism and terrorists its 'national industry and national assets', according to a statement.
Time of India
30 minutes ago
- Time of India
7 Maoists killed in ongoing Bijapur operation, key leaders among those neutralised
This is an AI-generated image, used for representational purposes only. NEW DELHI: At least seven Maoists, including two top leaders of the outlawed CPI (Maoist), have been killed in a series of encounters with security forces in Chhattisgarh's Bijapur district over the past three days, police said on Saturday. The ongoing anti-Naxal operation is taking place inside the dense forest region of Indravati National Park. The latest casualties include two prominent figures: Central Committee Member Narasimha Chalam alias Sudhakar, and Bhaskar alias Mailarapu Adellu, a Special Zonal Committee (SZC) member of the Telangana State Committee (TSC) of the Maoists. Sudhakar carried a bounty of Rs 40 lakh, while Bhaskar had a combined reward of Rs 45 lakh announced by the governments of Chhattisgarh and Telangana. "So far, a total of 7 dead bodies of Maoist cadres have been recovered by security forces during the ongoing anti-Naxal operations in the National Park area of Bijapur district," confirmed Inspector General of Police, Bastar Range, P Sundarraj, as quoted by news agency ANI. "These include the bodies of Central Committee Member Gautam alias Sudhakar and Telangana State Committee Member Bhaskar." According to PTI, Saturday's recovery of two bodies followed a gun battle, while three others were found after an encounter that took place during the intervening night of Friday and Saturday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Affordable Flats in Chattarpur A D Infra Learn More Undo The identities of five other Maoists killed, including two women, are yet to be ascertained. The operation was launched on June 4 following specific intelligence inputs about the presence of senior Maoist leaders, including Sudhakar, Bandi Prakash, and Pappa Rao, all associated with the Dandakaranya Special Zonal Committee (DKSZC). Personnel from the Chhattisgarh police's Special Task Force (STF), District Reserve Guard (DRG), and CRPF's elite CoBRA unit are involved in the joint operation. Security forces have also seized a significant cache of arms and ammunition from the encounter sites, including two AK-47 rifles and explosives, as per officials quoted by news agency PTI. Search and area domination efforts are continuing across the rugged terrain to neutralise any remaining Maoist presence. Some personnel sustained injuries during the operation due to snake bites, honeybee stings, dehydration, and other challenges associated with forest combat. 'They are being provided with appropriate medical attention. Right now their condition is normal and out of danger,' Sundarraj said. This operation marks the third major blow to the Maoist hierarchy in Chhattisgarh in just over three weeks. On May 21, General Secretary of the CPI (Maoist) Nambala Keshav Rao alias Basavaraju, 70, was killed in a massive encounter in the Abujmarh forest area of Narayanpur district. A total of 26 other Maoists were neutralised in that action. Officials say the continuing operation in Bijapur is aimed at completely sanitising the Maoist-infested forest belt and uprooting the leadership network that has long directed armed insurgency in central India.
The Print
30 minutes ago
- The Print
Drishti IAS to continue independently 'for now', after considering Physics Wallah deal, funding via IPO
'At Drishti IAS, our decisions are always based on a long-term vision. Though we explored various funding options during last year, including Initial Public Offering (IPO) and discussions with a few strategic investors including Physics Wallah, we have decided to continue independently for now. We hope we'll keep doing better on our own, and if required, we'll explore other options as per circumstances in the future,' Drishti IAS CEO Vivek Tiwari told ThePrint. The institute said it will continue to run independently, as it has for several years. New Delhi: A few months ago, reports suggested that unicorn Physics Wallah was in talks to acquire Drishti IAS, which is among the oldest coaching institutes for civil services preparations. While they were dismissed as mere speculations, the IAS coaching institute has now said it was indeed exploring funding options last year, including through Physics Wallah, but ultimately decided not to go ahead with it. Four major coaching institutes—Drishti IAS, Chaitanya Academy, Rau's IAS Study Circle, and Sarathi IAS—were being considered for potential acquisition as part of a larger consolidation wave in the Indian EdTech and test prep market. With online-first players like Physics Wallah and Unacademy looking to strengthen their offline footprint and diversify into civil services coaching, talks with these legacy UPSC institutes had emerged as strategic opportunities to tap into a loyal student base, particularly in Hindi-medium and regional markets. Drishti IAS was founded in 1999 by popular teacher Vikas Divyakirti in Mukherjee Nagar. It became one of the most well-known institutes for Hindi-medium UPSC aspirants. The Delhi-based institute reported a revenue of Rs 405 crore and a profit after tax of Rs 90 crore in FY24. Vikas Divyakirti's popularity is such that he even appeared in the movie 12th fail, Videos of his classes and lectures receive millions of views on social media. The institute moved to Noida last year after infrastructure issues in Mukherjee Nagar were flagged, following the death of three UPSC aspirants in another institute in the Old Rajinder Nagar area, and fire incidents at other institutes in Mukherjee Nagar. Coaching institutes came under intense scrutiny by public and authorities for infrastructure lapses and licensing issues after these incidents. Sources at Drishti IAS said the institute remains profitable. Physics Wallah is known for offering affordable online coaching. It first gained popularity through YouTube and later launched online courses for JEE and NEET aspirants for admission in engineering and medical courses. But over the last few years, it has been expanding its offerings. It entered the UPSC coaching space after joining forces with OnlyIAS in 2022. The potential acquisition of Drishti IAS was seen as a strategic move to bolster Physics Wallah's offline presence and diversify its portfolio ahead of its planned IPO. (Edited by Ajeet Tiwari) Also Read: Drishti IAS relocating to Noida, Mukherjee Nagar may see exit of other coaching centres too
