Tuesday, November 12 2019

May 21, 2019

India has emerged as an attractive destination for global investors

Vice President of India, M. Venkaiah Naidu

Chennai-The Vice President of India, M. Venkaiah Naidu has said that India has emerged as an attractive destination for global investors and asked educational institutions to maintain high standards and foster academic excellence. He was addressing the Convocation of Great Lakes Institute of Management, in Chennai.

Observing that India was poised to become a US $ 5 trillion economy in the next few years, Shri Naidu said there was a need to remove economic imbalances, urban-rural divide, end gender and social discrimination and enhance the prestige of all the institutions, including the Supreme Court, CAG, CVC, EC, Parliament and State Legislatures. He said that nobody should say or do anything to undermine the sanctity of these institutions. There are appropriate forums to redress grievances, if any, he added.

The Vice President said that India is the largest Parliamentary democracy in the world and has a track record of effective electoral system and conducting elections on a regular basis. Describing elections as Festival of Democracy, he complimented the Election Commission for conducting the stupendous exercise in a peaceful and orderly manner.