The PM said at the ET Global Business Summit, ‘India’s prosperity is the world’s prosperity and India’s growth is the world’s growth… When you join India’s growth journey, India guarantees you growth.’ the audience.
Full speech of PM Modi-
Full speech of PM Narendra Modi at ET Global Business Summit
Modi wove his speech around the theme of the two-day event ‘re-imagining business and re-imagining the world’ and said that since 2014, when he came to power, the government has taken steps to improve every aspect of governance, from building infrastructure to building infrastructure. Tried to “reimagine and reinvent” the element. Direct benefit transfer and providing toilets, tap water, housing and other facilities. “After 2014, the government-first mindset was redefined as a people-first approach… Our focus was to empower the poor so that they can contribute to the rapid development of the country with their full potential, He argued that earlier governments looked upon the poor as a burden.
Quoting Rajiv Gandhi’s remark on just 15 paise out of one rupee reaching the beneficiaries, the PM said that in the last nine years, the government has transferred Rs 28 lakh crore through DBT under various schemes. If Rajiv Gandhi’s words were true even today, then 85 percent of it i.e. Rs 24 lakh crore would have gone into someone’s pocket and only Rs 4 lakh crore would have reached the poor. But today, 100% is reaching the poor,” he said.
Today India’s prosperity is the world’s prosperity: PM Narendra Modi at ET Global Business Summit
Pointing to former PM Jawaharlal Nehrusays that if every Indian gets the facility of toilet, it will mean that India will touch new heights of development, Modi Said that more than 10 crore toilets have been constructed in rural areas since 2014, sanitation coverage in rural areas has gone from less than 40% to 100% during this period. The PM said, “He (Nehru) understood the problem, but he had no solution and because of this a large part of the country did not have toilet facilities.”
Arguing that the country has demonstrated resilience in dealing with the crisis triggered by the Covid-19 pandemic, the PM said: “India has shown the world what it means to be fragile. Where earlier there used to be talk of Fragile Five, now India is being identified with Anti-Fragile.
India is now being considered anti-fragile, says PM Narendra Modi at ET Global Business Summit
Modi said the trust shown by the government in citizens instead of the earlier “mai-baap” approach has resulted in an increase in the taxpayer base, apart from an estimated three-fold jump in revenue collection. He said, “When people know that their tax is going for the welfare of the people and the nation, they pay honestly.” 90 days which was the norm earlier.
The PM pointed out that a special deposit scheme (Mahila Samman Savings Certificate) in the Union Budget offered a “special assured” return to women on two-year deposits. “It is a good step in line with Sameer ji’s suggestion (to empower women financially),” he said.
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Modi said with PM speed infrastructure projects are conceived today keeping in mind the interests of the people rather than political considerations Power Play an important role in deciding the location of school or mobile tower. “As Vineetji Said, we have added speed and power. The whole concept, how it is speeding up the projects, is not just limited to roads and railways, but also for regional development and welfare of the people…Earlier dams were built without a network of canals. It’s like building a six-story building without elevators or stairs. We had mines but no connectivity to transport minerals…,” he said, adding that the pace of building infrastructure, from roads to railways and metro trains, had accelerated, while mobile internet data There was a sharp drop in price.
without naming the former finance minister P ChidambaramThe growth in digital payments, he said, shows how the poor have adopted it despite the skepticism shown by some. He had no idea of the potential of the poor. I have,” said the PM.