New Delhi sources have stated that Prime Minister Narendra Modi asserted that it is now easier to do business in India than ever before after the country leaped 30 places to break into top 100 nations worldwide. Meanwhile Modi said while addressing the World Food India conference that the jump to 100th rank on this year's World Bank Ease of Doing Business index, from last year's 130, is the biggest by any country this year.
Modi said India is one of fastest growing economies in the world and implementation of the Goods and Services Tax (GST) from July 1 has eliminated multiplicity of taxes. Further the Prime Minister invited global companies to come and invest in the food process industry in India, saying it offers immense opportunity. Meanwhile he made a point that more investment is required in contract farming, raw material sourcing and creating agricultural linkages.
Modi added that there are opportunities in post-harvest management, and
also adding that there is immense potential for value addition in areas such as
organic food. Moreover he also spoke of the government targeting doubling of
farmers' income in five years. India can provide solution and offer win-win
partnership combination of traditional Indian food and modern technology.
Apple supplier Foxconn employed thousands of students to assemble iPhone X who are being forced to work overtime Beijing sources have added that according to sources, students in the age group 17-19 were hired as interns in September and were told to work at the assembling unit in Zhengzhou, China, to work for three months to get "work experience in order to graduate". Accordingly "The work has nothing to do with our studies. We are being forced by our school to work here," Yang who assembles 1,200 iPhone X cameras a day was quoted as saying in the report.
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