00:00Big news for Indian viewers here, the United Arab Emirates government has started a new type of
00:05golden visa. They've tweaked it a little bit. It will be one based on nomination with some
00:10conditions but unlike the current ongoing practice of investing large amounts in either real estate
00:16or a business. Now the Indian nationals have more guidelines to look at if they want a golden visa
00:23for the United Arab Emirates. What were the earlier guidelines? For example I want to take
00:28that you immediately look at on your screens. Initially you had to invest in a property or a
00:35business at least 4.66 crore rupees Indian rupees had to be in one way or another submitted usually
00:41real estate or a large business. According to the new norms there's just one fee about 23 lakh rupees
00:48Indian rupee with Indian currency that has to be submitted. What does that mean? How does that make
00:53a difference? So earlier there had to be a very clear investment in a large business in the
00:58UAE in the Gulf nation. No need to invest in business or real estate anymore. You pay that
01:05specific amount but of course there will be some guidelines apart from that that need to be
01:09followed. What will that result in? Earlier the guidelines said a long-term residency was being
01:15offered. This was about 10 years or slightly more. New norm gives a life-term residency that will be
01:23offered to an Indian national. In fact beginning with the kind of collaboration that has happened
01:28between India and the UAE that Indians will get a priority and a benefit of that. So how does one go
01:35about it? What is the evaluation? Is it just about paying up the set amount? Applications can be submitted
01:40through one Vasco center. All applicants will have to undergo a thorough background check. That will
01:46happen. What does that mean? Criminal records, money laundering or anti-money laundering compliance. All of
01:53this will be screened. Your digital presence, your social media presence will also be examined. Contribution
02:00that you can make to the United Arab Emirates economy, society, finance, trade culture. How will you be a
02:07contributor to their society will of course be a priority as well. Now that application will be sent to United Arab
02:15Emirates government. The government will take a final decision and if it's an approval, if it's an
02:20affirmative, it's a lifetime residency that could come in from the Gulf nation to the Indian national.
02:27I'm in fact quoting from the guidelines that have come in from the Raiad group, the firm that has been
02:31selected to pilot the nomination-based golden visa in India. There's of course a lot of curiosity,
02:37speculation, what does it mean? Pranayopadhyay joins me for the latest on that. Pranayopadhyay,
02:42I'm thinking of all the capital gain that goes from India to the UAE. It's also about cooperation
02:48between the two countries. What are you making of it? What does it mean? This is a massive change
02:53from an earlier investment to a set amount.
02:57Absolutely, Apu Jain. If you see the shift which UAE is making right now, there are two aspects of it.
03:03One, the regional competition among the Gulf nation, among the GCC countries to attract more talent,
03:09to attract more investment. There is a competition going on between UAE, Qatar and Saudi Arabia.
03:15Every country is opening up, reforming their internal system and attracting more and more
03:20investment. UAE has emerged as a strategic partner to India and in any case, like around 3.5 to 4.5
03:29million Indians are already residing in UAE with various purposes there and they want to attract
03:36more Indians. Indians have emerged as a global talent pool and every country is trying to attract.
03:41And UAE want to have more investment and this is another, you know, the way Saudi Arabia is coming
03:46up with a new city with very high-tech investment area in the norm area. Similarly, UAE also trying to
03:52attract more talent, more money and that's why this new visa, golden visa scheme has been launched
03:58as per the rules which you have also displayed. This clearly shows that the earlier norms have
04:04been reduced to a fraction of it, like, you know, from 4.6 crore rupees to it's like 23 lakh rupees.
04:12So this clearly shows that they have reduced their norms, they want to attract more Indian investment,
04:17they want to have more Indians. But yeah, definitely they want to go for the background check in India
04:21and UAE have like a good stringent, the political partnership, they have a robust, you know, extradition
04:27mechanism as well. And therefore, UAE want to open it up and initially as a part of the pilot scheme,
04:34around 5000 applications will be considered first and thereafter, they might likely to continue it
04:40and like further opening up of the application process. So Abu Dhabi, Dubai, Sharjah, if the Indians,
04:45there are sinking of a life-term residency, basically that would mean investments eventually
04:51and if they are, whether they intend to settle or simply invest in business, there have been now
04:56some tweaking that has been done by the UAE government. It's a huge opportunity, but we'll see
05:00how this goes specifically with regard to Indians elite, possibly shifting to the UAE.
05:08Alright, I want to now take you to our hill states. Torrential rainfall in the past few days in
05:13Himachal and Uttarakhand, especially in the past two days have led to widespread damage,
05:17disruption and loss of life. Himachal Pradesh has reported 78 deaths since the start of the season,
05:22MET department has issued orange and yellow alerts in several districts,
05:26warning of continued heavy rainfall and the risk of landslide and flash floods.
05:29Let's go one by one, Himachal Pradesh, 14 cloudburst incidents, three flash floods have been reported.
05:35That means also no chance for people to be able to escape from that flash flood and the cloud
05:42burst that happens. Mandi is the worst affected. 14 people have died, five injured, 30 missing.
05:48With fatalities increasing, state's monsoon death toll has risen as well.
05:51Now, who's the member of parliament from Mandi? It's actor Kangana Ranaut.
05:56She was inspecting the flood affected areas as well. Now, Ranaut asserted that she was always accessible.
06:02She accused the Congress government in Himachal Pradesh that they were not providing relief to the victims.
06:08About 250 personnel from NDRF, SDRF, Army, ITBP, Home Guards also are at work.
06:13And of course, some of the comments that Kangana Ranaut has made also went viral and turned controversial.
06:19Here's one exclusive interview with India Today. Kangana Ranaut MP, Mandi speaking.
06:23Kangana Ranaut,
06:42We are going to have a person, a family, little children, and their children are not able to do anything.
06:49We are not able to do anything.
06:51But in our hands, as I said, I said that the bridge was given.
06:56Today, I had the bridge from Sandsar Nidhi.
06:58The road, which I have done, I have done all of them.
07:01I have done all of them.
07:04So, our Shri Narendra Modi Ji has sent aid.
07:07We have sent them to them.
07:09So, this is our work.
07:11We are not able to do anything.
07:13We will do it for them.
07:15As we say, in spirit, we are with them.
07:17And that is more important.
07:19And this is saying that Sandsar is not reaching 5 days.
07:23I want to stay away from them.
07:25I want to stay away from them.
07:28I don't want to react to them.
07:31I don't want to react to them.
07:35We will do it for them.
07:37They will not be helped.
07:39That is going to be one line or two lines.
07:40I think Vikram Haditya was going to post that
07:42when people can't act to them anyway.
07:43We have been doing this in the work of the public.
07:44We have to support them.
07:46We have to work.
07:47And also, if we are doing this,
07:49we have to assist people to help us.
07:50That is the Mr. Mr. Vargasan.
07:51We are doing this job for us as well.
07:52foreign
08:22India today continues to be on the ground in Himachal Pradesh, here are some of the ground
08:51reports.
08:52India is a very important area, the city has been a very important area in Himachal Pradesh,
09:06which has been a very important area in Himachal Pradesh, here are some of the areas of the area.
09:1830-30-40-40 years ago, but there was a loss in one day, and the people of the people of the village
09:28have to use for the rations kits, they have to be used for the rations kits, they have to be used here,
09:34and this is not here, whether it is in Guhar, Thunak, Siraj Vidhan, Naachan,
09:40which is based on the working environment
09:45and the capital it is working
09:46that the workers can do their work
09:47and that's what the workers can do
09:50the supplies are working
09:52and the taxpayers can do their work
09:54and now they are working
09:58because they are working
09:59and the way they are working
10:02and the government needs to make sure
10:06In fact, it's not just Himachal Pradesh.
10:19Even in the United States of America's Texas, a massive flash flood that took place.
10:23Twenty-two people died and many are missing, especially children.
10:27The deadly floods have left many stranded.
10:30Clearly the visuals show houses have been submerged, vehicles caught in the flood fury.
10:35President Trump has called the floods as catastrophic.
10:38While blaming the previous government, meanwhile, Trump has said floods were unexpected
10:43but blamed the 100-year-old system.
10:45He sought to deflect responsibility, it appeared, and he's blamed it on a Biden set-up.
10:50However, amid all of this, the visuals that come in on our screen are not only scary
10:54and because there was specifically a girl-student camp that was organised
10:59and there are many girl-children students who are still missing, many have been found.
11:04But it's reflective of the situation.
11:07A lot of grief presently in Texas over these floods.
11:11If you look at that, what a situation that all is.
11:16And that was really the Biden set-up.
11:19That was not our set-up.
11:20But I wouldn't blame Biden for it either.
11:22I would just say this is a 100-year catastrophe and it's just so horrible to watch.
11:30I don't blame him.
11:33I do that.
11:35I don't blame him.
11:37I lost that.
11:39I was.
11:40I wasn't sure.
11:41I was totally fine.
11:42I was.
11:43I don't blame him for it.
11:44I had a lot of pain, but I was eventually.
11:45Maybe we might lose, I wasn't sure.
11:46Maybe he was walking down here.
11:47Maybe he was walking down here.
11:49But at that point, I don't blame him for him or anything.
Comments