QuotePM launches National Portal for Credit Linked Government schemes - Jan Samarth Portal
Quote“This is a moment to infuse the dreams of our freedom fighters with new energy and dedicate ourselves to new pledges”
Quote“Increased public participation has given impetus to the development of the country and empowered the poorest”
Quote“We are witnessing a new confidence among the citizens to come out of the mentality of deprivation and dream big”
Quote“21st century India is moving ahead with the approach of people-centric governance”
Quote“When we move with the power of reform, simplification and ease, we attain a new level of convenience”
Quote“World is looking at us with hope and confidence as a capable, game changing, creative, innovative ecosystem”
Quote“We have trusted the wisdom of the common Indian. We encouraged the public as intelligent participants in Growth”

Prime Minister Shri Narendra Modi inaugurated iconic week celebrations of the Ministry of Finance today. This week is being celebrated as part of the ‘Azadi Ka Amrit Mahotsav’ (AKAM) from 6th to 11th June 2022. He also launched the National Portal for Credit Linked Government schemes - Jan Samarth Portal. He also inaugurated a Digital Exhibition which traces the journey of the two Ministries over the past eight years. The Prime Minister also released a special series of ₹1, ₹2, ₹5, ₹10 and ₹20 coins. These special series of coins will have the theme of the logo of AKAM and will also be easily identifiable to visually impaired persons.

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Addressing the gathering, the Prime Minister said whoever took part in the long struggle for independence, added a different dimension to this movement, and augmented its energy. Some adopted the path of satyagraha, some chose the path of weapons, some faith and spirituality, and some intellectually helped to keep the flame of freedom burning bright, today is the day when we acknowledge all of them.

Today when we are celebrating 75 years of independence, the Prime Minister stressed, it is the duty of every countryman to make a special contribution to the development of the nation at their own level. This is a moment to infuse the dreams of our freedom fighters with new energy and dedicate ourselves to new pledges, he said.

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The Prime Minister noted that India has also worked on different dimensions in the last eight years. The public participation that increased in the country during this period has given impetus to the development of the country and empowered the poorest of the country's citizens. The Prime Minister remarked that Swachh Bharat Abhiyan gave an opportunity to the poor to live with dignity. Facilities like pucca houses, electricity, gas, water and free treatment increased the dignity of the poor and improved facilities. The scheme of free rations during the Corona period freed more than 80 crore countrymen from the fear of hunger. “We are witnessing a new confidence among the citizens to come out of the mentality of deprivation and dream big”, he said.

The Prime Minister said the country has borne the brunt of government-centric governance in the past. But today 21st century India is moving ahead with the approach of people-centric governance. He said earlier it was the responsibility of the people to go to the government for availing benefit of the schemes. Now emphasis is on taking governance to people and free them from the rigamarole of doing rounds of different ministries and websites. Launch of National Portal for Credit Linked Government schemes - Jan Samarth Portal is a major step in this direction. This portal will improve the lives of students, farmers, businessmen, MSME entrepreneurs and will help them in realizing their dreams, he added.

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The Prime Minister said that any reform, if its objectives and goals are clear and there is seriousness in its implementation then good results are assured. The Prime Minister emphasized that the youth of our country have been kept at the heart of the reforms the country has undertaken in the last eight years. This will help them to show their potential. “Our youth can easily open the company they want, they can start their enterprises easily, and they can run them easily. Therefore by reducing more than 30 thousand compliances, abolishing more than 1500 laws, and decriminalizing several provisions of the Companies Act, we have ensured that Indian companies not only move ahead but also achieve new heights”, he added.

The Prime Minister said that the in reforms Government is focused on simplification. GST has now replaced the web of many taxes at the centre and the state. The country is also seeing the result of this simplification. Now it has become normal for GST collection to cross one lakh crore rupees every month, he said. He said that the GeM portal has brought in new ease for procurement in government and made selling to the government very easy. Purchase figure for the portal has crossed 1 lakh crore, the Prime Minister informed. He also talked of portals that are bringing ease of doing business. He talked about Invest India Portal for information regarding investment opportunities, Single window clearance portal for business formalities. ‘In this series this Jan Samarth Portal is going to help the nation's youth and startup ecosystem’ the Prime Minister pointed out.

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“Today when we move with the power of reform, simplification and ease, we attain a new level of convenience … We have shown in the last 8 years that if India collectively decides to do something then India becomes a new hope for the world. Today the world is looking at us not just as a big consumer market but looking at us with hope and confidence as a capable, game changing, creative, innovative ecosystem” , the Prime Minister said.

The Prime Minister said a large part of the world expects India to solve problems. This is possible because in the last 8 years we have trusted the wisdom of the common Indian. “We encouraged the public as intelligent participants in Growth. We have always found that whatever technology is deployed for good governance is not only adopted by people but also appreciated by them”, the Prime Minister said referring to the achievement of UPI.

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Global aerospace firms turn to India amid Western supply chain crisis

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Global aerospace firms turn to India amid Western supply chain crisis
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The World This Week On India
February 18, 2025

This week, India reinforced its position as a formidable force on the world stage, making headway in artificial intelligence, energy security, space exploration, and defence. From shaping global AI ethics to securing strategic partnerships, every move reflects India's growing influence in global affairs.

And when it comes to diplomacy and negotiation, even world leaders acknowledge India's strength. Former U.S. President Donald Trump, known for his tough negotiating style, put it simply:

“[Narendra Modi] is a much tougher negotiator than me, and he is a much better negotiator than me. There’s not even a contest.”

With India actively shaping global conversations, let’s take a look at some of the biggest developments this week.

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AI for All: India and France Lead a Global Movement

The future of AI isn’t just about technology—it’s about ethics and inclusivity. India and France co-hosted the Summit for Action on AI in Paris, where 60 countries backed a declaration calling for AI that is "open," "inclusive," and "ethical." As artificial intelligence becomes a geopolitical battleground, India is endorsing a balanced approach—one that ensures technological progress without compromising human values.

A Nuclear Future: India and France Strengthen Energy Security

In a world increasingly focused on clean energy, India is stepping up its nuclear power game. Prime Minister Narendra Modi and French President Emmanuel Macron affirmed their commitment to developing small modular nuclear reactors (SMRs), a paradigm shift in the transition to a low-carbon economy. With energy security at the heart of India’s strategy, this collaboration is a step toward long-term sustainability.

Gaganyaan: India’s Space Dream Inches Closer

India’s ambitions to send astronauts into space took a major leap forward as the budget for the Gaganyaan mission was raised to $2.32 billion. This is more than just a scientific milestone—it’s about proving that India is ready to stand alongside the world’s leading space powers. A successful human spaceflight will set the stage for future interplanetary missions, pushing India's space program to new frontiers.

India’s Semiconductor Push: Lam Research Bets Big

The semiconductor industry is the backbone of modern technology, and India wants a bigger share of the pie. US chip toolmaker Lam Research announced a $1 billion investment in India, signalling confidence in the country’s potential to become a global chip manufacturing hub. As major companies seek alternatives to traditional semiconductor strongholds like Taiwan, India is positioning itself as a serious contender in the global supply chain.

Defence Partnerships: A New Era in US-India Military Ties

The US and India are expanding their defence cooperation, with discussions of a future F-35 fighter jet deal on the horizon. The latest agreements also include increased US military sales to India, strengthening the strategic partnership between the two nations. Meanwhile, India is also deepening its energy cooperation with the US, securing new oil and gas import agreements that reinforce economic and security ties.

Energy Security: India Locks in LNG Supply from the UAE

With global energy markets facing volatility, India is taking steps to secure long-term energy stability. New multi-billion-dollar LNG agreements with ADNOC will provide India with a steady and reliable supply of natural gas, reducing its exposure to price fluctuations. As India moves toward a cleaner energy future, such partnerships are critical to maintaining energy security while keeping costs in check.

UAE Visa Waiver: A Boon for Indian Travelers

For Indians residing in Singapore, Japan, South Korea, Australia, New Zealand, and Canada, visiting the UAE just became a lot simpler. A new visa waiver, effective February 13, will save Dh750 per person and eliminate lengthy approval processes. This move makes travel to the UAE more accessible and strengthens business and cultural ties between the two countries.

A Gift of Friendship: Trump’s Gesture to Modi

During his visit to India, Donald Trump presented Prime Minister Modi with a personalized book chronicling their long-standing friendship. Beyond the usual diplomatic formalities, this exchange reflects the personal bonds that sometimes shape international relations as much as policies do.

Memory League Champion: India’s New Star of Mental Speed

India is making its mark in unexpected ways, too. Vishvaa Rajakumar, a 20-year-old Indian college student, stunned the world by memorizing 80 random numbers in just 13.5 seconds, winning the Memory League World Championship. His incredible feat underscores India’s growing reputation for mental agility and cognitive excellence on the global stage.

India isn’t just participating in global affairs—it’s shaping them. Whether it’s setting ethical AI standards, securing energy independence, leading in space exploration, or expanding defence partnerships, the country is making bold, strategic moves that solidify its role as a global leader.

As the world takes note of India’s rise, one thing is clear: this journey is just getting started.