Feature
See here benefits of ODOP summit 2018 for Uttar Pradesh state
Lucknow: In a first of its kind, the Department of Micro, Small and Medium Enterprises today organised ‘One District-One Product’ (ODOP) summit in Uttar Pradesh state capital based Indira Gandhi Pratishthan which was inaugurated by President Ramnath Kovind lighting the lamp.
The President Kovind after inaugurating the summit saw exhibition of the products of different districts. Not only this he also distributed the loan certificates and toolkits to the beneficiaries.
Beside President those who were also present on the stage are UP Governor, Ram Naik, Chief Minister Yogi Adityanath, Deputy CM Keshav Prasad Maurya, Chief Secretary and Micro, Small and Medium Enterprises Minister, Satyadev Pachauri was also there.
The honorable President in his address said, “I have been told that through this ODOP summit the aim is to provide 25 lakh people with financial assistance of Rs. 25,000 crores in five years and i hope this scheme will provide employment opportunities for youths on a large scale.”
He further said that M.S.M.E. in India Enterprises is called the spinal cord of economics. These enterprises are inclusive engines of development. After the agricultural sector, most people find employment through these enterprises. The Uttar Pradesh is country’s largest M.S.M.E. Enterprises in India.”
The President added that Uttar Pradesh’s contribution in total handicraft exports in the country is 44%. M.S.M.E enterprises play an important role in the development of Uttar Pradesh and with the ‘ODOP’ scheme is available in small towns and rural areas by M.S.M.E it will create supportive conditions for enterprises.
On other hand, Uttar Pradesh Governor Ram Naik said, “I gave the suggestion of ODOP to former Chief Minister Akhilesh Yadav but he did not took it seriously, but current CM Yogi Adityanath took it seriously and started ‘One District-One Product’ scheme which will be beneficial for all.”
Beside Governor, the Chief Minister of Uttar Pradesh, Yogi Aditiyanath also welcomed President Ramnath Kovind by giving tunic and gave him gifts made up of wooden crafts from Saharanpur.
Read here what Uttar Pradesh will earn from ODOP summit 2018:
Not only this, he also signed MoU with GE Healthcare, Amazon, QCI (Quality Control of India) and National Stock Exchange in the ODOP Summit.
The President Ramnath Kovind in return released the ‘ODOP Coffee Table Book’ and at the same time Kovind introduced the toll-free helpline number and website for the One District-One Product’.
The UP Chief Minister Adityanath during his speech in the summit said, “In Uttar Pradesh, the highest potential after agriculture is from micro enterprises, now we are going to start work on Vishwakarma Labor’s honor, there are so many possibilities in the entire state why did not it go ahead before …?”
Adityanath further said that “whatever we will say we will convert it in to reality and that will be visible to everyone, he added that Uttar Pradesh Government has prepared a budget of 250 crores for the ‘Start Up Scheme, beside this good technology will be given to the artisans, work will also be done for this, now the state will stop migrating because of ODOP, now Uttar Pradesh will present itself with a new image in the country.”
Read here what ‘One District-One Product’ summit is all about:
In ODOP Summit, special exhibitions based on special products from about 75 districts of Uttar Pradesh will be displayed. Any particular product of the respective district will be displayed in this summit and this exhibition will last till 12th August.
Loans worth Rs 1,007 crores will be distributed in ODOP Summit:
In this summit, loans worth Rs 1,007 crore will be given to the 4,084 beneficiaries on behalf of the state government and every year aim have been set up to add one lakh people through this ODOP plan.
Uttar Pradesh has become the first state in the country, which is promoting traditional cottage industries to provide employment to people in their home districts through ODOP schemes.
UP currently exports only 8,900 crores of the products, which has been given target to increase to two lakh crores. In such a scenario ‘One Product-One District’ summit can prove to be milestone in increasing the export of the state.
Also watch video related to news of Uttar Pradesh ODOP summit 2018:
10 अगस्त, 2018 को 75 जनपदों के उत्पादों को विशेष प्रोत्साहन। #ODOP pic.twitter.com/KpimfCh4Xs
— CM Office, GoUP (@CMOfficeUP) August 8, 2018
The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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