Thursday, Jan 21 2021 | Time 20:23 Hrs(IST)
  • Nitish Kumar directs to accelerate the pace of construction of Gurudwara in Rajgir
  • Premier League: Khalsa Warriors, ASK Club win hockey openers at Jammu
  • COVID: J&K reports fresh 117 +ve cases, one death
  • Cong claims clean sweep in MC Theog poll
  • Indian Army signs MoU with SIDM on indigenisation, innovation partnership
  • Prof Arka Kumar Das appointed Vice-Chancellor of OSOU
  • Opposition moves no confidence motion against Speaker
  • PM to interact with Covid vaccine beneficiaries, vaccinators in Varanasi
  • Jawan martyred in Pak firing along LoC in Poonch
  • Five bodies found after fire breaks out at SII Pune; Covishield production not hit
  • Germany's Merkel to leave politics after final term as Chancellor
  • Army bands perform to honour Covid warriors
  • All-round development of J&K a major goal of GoI: Parliamentary Standing Committee
  • Rajnath confers Raksha Mantri Padak to NCC cadets
  • Two drug peddlers arrested, charas recovered in Kashmir
Business Economy

Revise laws, clarify approach to make Goa ideal business destination says Goan industry

Panaji, Jan 14 (UNI) Twenty six Goan business leaders converged in the city to etch Goa's current state on 'Ease of Doing Business'.
Representing diverse sectors like pharma, IT, finance, telecom and mining, the leaders shared their thoughts with Goan Chief Minister Pramod Sawant and representatives from the state's regulatory bodies.
Organised by the Goan chapter of the Indo-American Chamber of Commerce (IACC), the 'High-level Round Table Deliberation on the Ease of Doing Business in Goa' aimed at critiquing the current state of things.
''With this project, we aim to compile suggestions which can lead to a positive impact on the state of ease of doing business here,'' said Atul Pai Kane, Chairman and Managing Director at Power Engineering (India) Pvt Ltd.
''Apart from FDI, Goa has immense opportunity in enabling migration of businesses from other states. It does this by providing them with strategic advantages that they may not find elsewhere,'' he added.
Chief Minister Pramod Sawant, who had joined the discussions virtually, had listed the reforms his government had introduced to help new and existing businesses.
''We welcome diverse companies to come and set up their businesses here by providing them with a single-window clearance system, tax holidays and GST rebates,'' he said.
The group also highlighted existing challenges on Goa's journey to become an ideal business destination. Despite best intentions, they felt the state needed to improve on the speed and efficiency of its existing processes for businesses. These included mechanisms for clearances and regulations, along with a straightforward approach towards legalities.
''Time and delay are the enemies of opportunity,'' said Shardul S Shroff, Executive Chairman, Shardul Amarchand Mangaldas & Co, in context of hurdles for new and existing businesses.
"Goa has tremendous potential to become an ideal destination for new businesses. However, it needs to establish clear, thought leadership and supportive policies which would create a friendly, efficient, constructive and transparent environment. Only then can it foster innovation and excellence across industries, education and infrastructure", he added.
Secretary (Revenue) Sanjay Kumar, Manoj Patil on Special Duty (OSD) to CM, Principal Secretary (Finance) Puneet Kumar Goel and J Ashok Kumar, Secretary to the Chief Minister addressed queries from the 26 CEOs and IACC members in a discussion at the event.
Deepak Bandekar, Directorate Of Industries, Trade And Commerce, Vandana Rao, CEO, Goa Investment Promotion and Facilitation Board (Goa-IPB) and Derrick P Neto, Managing Director for Goa Industrial Development Corporation (GIDC), also took part in discussions at the event.
UNI AKM 2109
More News

Gemopai Electric announces launch of four dealership stores across AP, Telangana

21 Jan 2021 | 5:55 PM

Hyderabad, Jan 21 (UNI) Gemopai Electric, a value-for-money Electric Vehicles (EVs) Manufacturer in Gurgaon, on Thursday announced the launch of four dealership stores across Andhra Pradesh and Telangana.

see more..

Rupee up 4 paise against USD

21 Jan 2021 | 5:23 PM

Mumbai, Jan 21 (UNI) The Rupee on Thursday moved up by four paise to close at 72.99 against the US Dollar on selling of US Dollars by bankers and exporters, dealers at the Forex Market said.

see more..

General Aeronautics, Unmanned Aerial Vehicle Specialist, Raises INR 65 Million Pre-Series A Funding

21 Jan 2021 | 5:22 PM

BANGALORE, India, Jan. 21, 2021 /PRNewswire/ -- General Aeronautics (GA), a specialist in Drones for precision agriculture, today announced a INR 65 million pre-series A financing led by Mela Ventures. With the investment, GA will expand its go-to market programs, and will continue to invest in the areas of high reliability and efficient spraying, operational support including training Drone Pilots.

see more..

Panchshil Office Parks Honoured with 3 Safety Oscars

21 Jan 2021 | 5:20 PM

- Eon Free Zone-1, Business Bay & Tech Park One Campuses Conferred the Highest Health & Safety Accolade by British Safety Council
PUNE, India, Jan. 21, 2021 /PRNewswire/ -- Panchshil Office Parks—a unit of Pune-based Panchshil Realty— today announced that it has won 3 prestigious Swords of Honour from the British Safety Council for 3 of its marquee office campuses in Pune.

see more..
Sensex falls 167 36 pts

Sensex falls 167 36 pts

21 Jan 2021 | 5:15 PM

Mumbai, Jan 21 (UNI)The BSE Sensex on Thursday slipped by 167.36 pts to settle at 49,624.76
on selling in Realty, Telecom, Metal and Materials stocks.

see more..