Business
Half of India’s FDI since 2000 in last 7 years: Govt

India, in the last seven financial years (2014-21), has received FDI inflow worth $440.27 billion which is nearly 58 per cent of the total FDI reported in the last 21 years ($763.83 billion) the Parliament was told on Friday.
India registered its highest ever annual FDI inflow of $81.97 billion (provisional figures) in 2020-21 despite the Covid-related disruptions, Minister of State for Commerce and Industry Anupriya Patel told the Rajya Sabha in a written reply.
This indicates increasing inclination of global companies to set up their business in India, she added.
India jumped to 63rd place in World Bank’s Ease of Doing Business ranking as per World Bank’s Doing Business Report (DBR) 2020 from a rank of 142 in 2014.
Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance its manufacturing capabilities and exports, an outlay of Rs 1.97 lakh crore (over $26 billion) has been announced in Union Budget 2021-22 for Production Linked Incentives(PLI) schemes for 14 key sectors of manufacturing, Patel said.
An Empowered Group of Secretaries has been constituted to fast track investments in the country. Similarly, Project Development Cells (PDCs) have been set up across Central Ministries/Departments to handhold investors and spur sectoral and economic growth.
Further, a GIS-enabled India Industrial Land Bank has been launched to help investors identify their preferred location for investment. A National Single Window System (NSWS) has also been soft launched in September 2021 to facilitate clearances for investors, the Minister said.
National
World-famous Mudiya Mela in Govardhan from tomorrow, cleanliness campaign launched

Govardhan (UP), July 5: As the world-famous Mudiya Mela will kick off in Uttar Pradesh’s Govardhan on Sunday, authorities have launched a cleanliness campaign.
Over 2 crore pilgrims are expected to reach Govardhan for the mela and perform Parikrama.
The cleanliness campaign, led by District Magistrate C.P. Singh, started on Saturday and focussed on cleanliness in key areas, including Parikrama Marg, Daanghati temple, and Giriraj ji.
DM Singh swept the land near the Govardhan temple, spreading the message of cleanliness.
As per the directions of the Uttar Pradesh government, efforts are being made to provide pilgrims with proper facilities and clean surroundings, he said.
The District Magistrate said people use polythene bags and indulge in littering as they don’t care about cleanliness, but now, as prior warnings have been given, strict action will be taken against violators.
The DM pointed out that maintaining cleanliness in the area was the responsibility of the temple management, but as it failed, “our team and locals of Govardhan are carrying out the cleanliness drive.”
Highlighting the importance of cleanliness, DM Singh said, “We aim to clean the entire Parikrama marg.”
He also shared that notices have been issued to those shops which have encroached on public land. The cleanliness campaign was made successful with the efforts of Govardhan SDM Neelam Srivastava, Govardhan Tehsil and Panchayat.
For the unversed, Mudiya Mela is observed in remembrance of Sanatan Goswami, the principal disciple of Lord Chaitanya Mahaprabhu.
Legends have it that when Sanatan Goswami passed away, his disciples did parikrama of the Govardhan after tonsuring their heads. Since then, this tradition has been followed.
Notably, the 468-year-old tradition continues to draw a sea of devotees.
The devotees perform a 21-km-long Parikrama of Govardhan.
The belief with the yatra is that it bestows peace and prosperity on the devotees.
Business
12 nations to get US tariff letters on Monday, says Trump

New Delhi/Washington, July 5: US President Donald Trump has signed tariff letters on exports from 12 countries, which are expected to be sent out on July 7 (Monday).
Speaking to the media aboard Air Force One, the US President said the names of the countries which will receive the letters would only be revealed on Monday.
“I signed some letters and they’ll go out on Monday, probably 12. Different amounts of money, different amounts of tariffs,” he told reporters.
“The letters are better. It is much easier to send a letter,” Trump added.
Trump has suggested that the reciprocal tariffs could go even higher, potentially reaching 70 per cent for some countries, and take effect from August 1.
The US President in April unveiled a base tariff of 10 per cent on most goods entering the country, along with higher rates for certain countries, including China. Those elevated tariffs were later suspended till July 9.
Washington has concluded trade agreements with two countries – the United Kingdom and Vietnam.
Meanwhile, India’s high-level official delegation, led by chief negotiator Rajesh Agrawal, has returned from Washington without reaching a final agreement with US officials on the sensitive issue of trade in agricultural and dairy products that the US is pushing for.
However, there is still a glimmer of hope that an interim bilateral trade agreement may be reached at the highest political level in the two countries before the July 9 deadline.
The Indian team was in Washington for negotiations on an interim trade agreement with the US from June 26 – July 2.
According to Commerce Minister Piyush Goyal, India will not hurry into signing a free trade agreement under pressure from any deadline.
Speaking on the sidelines of an event in the national capital, Minister Goyal emphasised that India is ready to make trade deals in the national interest but it “never negotiates trade deals with a deadline”.
The US is seeking broader market access for its agricultural and dairy products, which is a major hurdle, as for India, this is a livelihood issue for the country’s small farmers, and hence, is considered a sensitive area.
While India is looking to secure an exemption from President Trump’s 26 per cent tariffs by concluding an interim deal before July 9, it is also pushing for significant tariff concessions for its labour-intensive exports such as textiles, leather and footwear.
Crime
NIA nabs 2 human traffickers from Delhi, HP for role in sending over 100 youths to US via ‘donkey route’

New Delhi, July 5: The National Investigation Agency (NIA) on Friday arrested two human traffickers from different locations in Himachal Pradesh and Delhi. The duo, accused of sending more than 100 youths to the United States using the notorious ‘donkey route’ were nabbed after extensive searches.
The accused were identified as Sunny Donker, a resident of Kangra (Himachal Pradesh) and Shubham Sandhal, a resident of Punjab who was currently residing in the national Capital.
Both are said to be associates of Gagandeep Singh alias Goldy, arrested earlier in March.
Gagandeep was arrested over a victim’s complaint who was illegally trafficked to the US using the infamous ‘donkey route’ and was deported back to India in February, this year.
Goldy, a resident of Tilak Nagar in Delhi, was subsequently chargesheeted by the NIA.
As per the findings of the law enforcement agency, Gagandeep Singh used to take around Rs 45 lakh from each victim on the pretext of sending them to US on a valid visa.
He would then illegally send them on an arduous journey via multiple countries, including Spain, El-Salvador, Guatemala and Mexico.
He had sent more than 100 victims illegally to the US, in this manner before being arrested.
Sunny was the main associate of Gagandeep Singh and played a key role in facilitating the journey of the victims on the ‘donkey route’.
Also, the victims were physically and mentally harassed on the way by agents to extract more money.
Shubham Sandhal operated as key hawala conduit, who transferred funds to agents in Latin America. Gagandeep used him to transfer part of the money taken from the victims to the agents based in Latin America.
The NIA, took over the case from Punjab Police in March this year. As the investigation proceeds, it continues to unravel dark secrets of the human trafficking racket.
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