PM Modi delivers keynote address at Rising India Summit

Published By : Admin | February 25, 2019 | 18:29 IST
Before 2014, inflation and income tax rates were high, whereas GDP growth was low. Now, GDP growth is in the range of 7 to 8%, while inflation and fiscal deficit are low: PM
By 2013, India had become one of the “fragile five” global economies. Today, India is the fastest growing major economy: PM
India’s FDI is at an all-time high, poverty is reducing rapidly, pace of infrastructure development is faster than before and tourism is rising: PM

The Prime Minister, Shri Narendra Modi, today addressed the Network-18 Rising India Summit in New Delhi.

He expressed happiness that he has got an opportunity to speak on the subject “Rising India”, just a short while after dedicating the Rashtriya Samar Smaarak, or National War Memorial, to the nation. He said the theme - Beyond Politics: Defining National Priorities – is an extremely important one.

He said he will approach the subject by drawing a contrast between the past and the present, to illustrate the kind of results that can be achieved when national interest is prioritized.

He described how, before 2014, inflation and income tax rates were high, whereas GDP growth was low. He said now, GDP growth is back in the range of 7 to 8 percent, while inflation and fiscal deficit are low. He said people have also been given relief, as far as income tax is concerned. 

Talking about India’s global standing, he said that the 21st century, was once described as India’s century. But by 2013, India had become one of the “fragile five” global economies. Today, India is the fastest growing major economy. On Ease of Doing Business, he said India slid from 132 in 2011, to 142 in 2014. Today, we stand at 77, he said.

The Prime Minister said one reason for this decline in “Doing Business” ranking, was corruption. In this context, he mentioned various scandals that had hit the headlines at that time, including coal, CWG, spectrum etc.

He explained how the Union Government began with the Jan Dhan Yojana, under which 34 crore bank accounts have been opened. He said these accounts were linked with Aadhaar numbers and mobile phones. Today, he said, benefits under about 425 welfare schemes are being directly transferred to these bank accounts. He said that six lakh crore rupees have been transferred directly to beneficiaries. He said 8 crore fake beneficiaries were also eliminated in the process, 1.1 lakh crore rupees are being saved.

The Prime Minister mentioned that the Ayushman Bharat scheme also does not have any scope for leakage, as the money is transferred directly into the account of the hospital. The beneficiaries have Aadhaar cards, and have been selected based on the 2015 socio-economic survey. Similarly, he said, leakages are not possible in the PM Kisan Samman Nidhi, wherein about 12 crore farmers will receive direct benefit transfers.
The Prime Minister mentioned projects such as the Bansagar Dam in Uttar Pradesh, and the Mandal Dam in Jharkhand, which have seen huge cost escalations, as they have been delayed for decades. He said the honest taxpayer was paying for these delays. The Prime Minister said that he has himself reviewed progress of projects worth over 12 lakh crore rupees, under the PRAGATI initiative. He said a lot of these projects are in the North-East. He said Eastern India has been a focus area for the Government.

On employment, the Prime Minister said that India is now the fastest growing major economy; FDI is at an all-time high; poverty is reducing rapidly, as per international reports; pace of infrastructure development is faster than before; and tourism is rising. He said all of this could not be possible without employment opportunities also increasing.

He also spoke of the increase in numbers of professionals, and commercial vehicles sold. He said that under the Pradhan Mantri Mudra Yojana, more than 15 crore entrepreneurs have been given loans worth more than 7 lakh crore rupees. He said that this too, would lead to creation of jobs. The Prime Minister also mentioned rising numbers of EPFO subscribers.
The Prime Minister said that the role of media is important in the making of New India, and in creating a constructive atmosphere.

 

Click here to read full text speech

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78 व्या स्वातंत्र्य दिनी, पंतप्रधान नरेंद्र मोदी यांनी लाल किल्याच्या तटावरून केलेले संबोधन

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78 व्या स्वातंत्र्य दिनी, पंतप्रधान नरेंद्र मोदी यांनी लाल किल्याच्या तटावरून केलेले संबोधन
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Text of PM Modi's address to the Indian Community in Guyana
November 22, 2024
The Indian diaspora in Guyana has made an impact across many sectors and contributed to Guyana’s development: PM
You can take an Indian out of India, but you cannot take India out of an Indian: PM
Three things, in particular, connect India and Guyana deeply,Culture, cuisine and cricket: PM
India's journey over the past decade has been one of scale, speed and sustainability: PM
India’s growth has not only been inspirational but also inclusive: PM
I always call our diaspora the Rashtradoots,They are Ambassadors of Indian culture and values: PM

Your Excellency President Irfan Ali,
Prime Minister Mark Philips,
Vice President Bharrat Jagdeo,
Former President Donald Ramotar,
Members of the Guyanese Cabinet,
Members of the Indo-Guyanese Community,

Ladies and Gentlemen,

Namaskar!

Seetaram !

I am delighted to be with all of you today.First of all, I want to thank President Irfan Ali for joining us.I am deeply touched by the love and affection given to me since my arrival.I thank President Ali for opening the doors of his home to me.

I thank his family for their warmth and kindness. The spirit of hospitality is at the heart of our culture. I could feel that, over the last two days. With President Ali and his grandmother, we also planted a tree. It is part of our initiative, "Ek Ped Maa Ke Naam", that is, "a tree for mother”. It was an emotional moment that I will always remember.

Friends,

I was deeply honoured to receive the ‘Order of Excellence’, the highest national award of Guyana. I thank the people of Guyana for this gesture. This is an honour of 1.4 billion Indians. It is the recognition of the 3 lakh strong Indo-Guyanese community and their contributions to the development of Guyana.

Friends,

I have great memories of visiting your wonderful country over two decades ago. At that time, I held no official position. I came to Guyana as a traveller, full of curiosity. Now, I have returned to this land of many rivers as the Prime Minister of India. A lot of things have changed between then and now. But the love and affection of my Guyanese brothers and sisters remains the same! My experience has reaffirmed - you can take an Indian out of India, but you cannot take India out of an Indian.

Friends,

Today, I visited the India Arrival Monument. It brings to life, the long and difficult journey of your ancestors nearly two centuries ago. They came from different parts of India. They brought with them different cultures, languages and traditions. Over time, they made this new land their home. Today, these languages, stories and traditions are part of the rich culture of Guyana.

I salute the spirit of the Indo-Guyanese community. You fought for freedom and democracy. You have worked to make Guyana one of the fastest growing economies. From humble beginnings you have risen to the top. Shri Cheddi Jagan used to say: "It matters not what a person is born, but who they choose to be.”He also lived these words. The son of a family of labourers, he went on to become a leader of global stature.

President Irfan Ali, Vice President Bharrat Jagdeo, former President Donald Ramotar, they are all Ambassadors of the Indo Guyanese community. Joseph Ruhomon, one of the earliest Indo-Guyanese intellectuals, Ramcharitar Lalla, one of the first Indo-Guyanese poets, Shana Yardan, the renowned woman poet, Many such Indo-Guyanese made an impact on academics and arts, music and medicine.

Friends,

Our commonalities provide a strong foundation to our friendship. Three things, in particular, connect India and Guyana deeply. Culture, cuisine and cricket! Just a couple of weeks ago, I am sure you all celebrated Diwali. And in a few months, when India celebrates Holi, Guyana will celebrate Phagwa.

This year, the Diwali was special as Ram Lalla returned to Ayodhya after 500 years. People in India remember that the holy water and shilas from Guyana were also sent to build the Ram Mandir in Ayodhya. Despite being oceans apart, your cultural connection with Mother India is strong.

I could feel this when I visited the Arya Samaj Monument and Saraswati Vidya Niketan School earlier today. Both India and Guyana are proud of our rich and diverse culture. We see diversity as something to be celebrated, not just accommodated. Our countries are showing how cultural diversity is our strength.

Friends,

Wherever people of India go, they take one important thing along with them. The food! The Indo-Guyanese community also has a unique food tradition which has both Indian and Guyanese elements. I am aware that Dhal Puri is popular here! The seven-curry meal that I had at President Ali’s home was delicious. It will remain a fond memory for me.

Friends,

The love for cricket also binds our nations strongly. It is not just a sport. It is a way of life, deeply embedded in our national identity. The Providence National Cricket Stadium in Guyana stands as a symbol of our friendship.

Kanhai, Kalicharan, Chanderpaul are all well-known names in India. Clive Lloyd and his team have been a favourite of many generations. Young players from this region also have a huge fan base in India. Some of these great cricketers are here with us today. Many of our cricket fans enjoyed the T-20 World Cup that you hosted this year.

Your cheers for the ‘Team in Blue’ at their match in Guyana could be heard even back home in India!

Friends,

This morning, I had the honour of addressing the Guyanese Parliament. Coming from the Mother of Democracy, I felt the spiritual connect with one of the most vibrant democracies in the Caribbean region. We have a shared history that binds us together. Common struggle against colonial rule, love for democratic values, And, respect for diversity.

We have a shared future that we want to create. Aspirations for growth and development, Commitment towards economy and ecology, And, belief in a just and inclusive world order.

Friends,

I know the people of Guyana are well-wishers of India. You would be closely watching the progress being made in India. India’s journey over the past decade has been one of scale, speed and sustainability.

In just 10 years, India has grown from the tenth largest economy to the fifth largest. And, soon, we will become the third-largest. Our youth have made us the third largest start-up ecosystem in the world. India is a global hub for e-commerce, AI, fintech, agriculture, technology and more.

We have reached Mars and the Moon. From highways to i-ways, airways to railways, we are building state of art infrastructure. We have a strong service sector. Now, we are also becoming stronger in manufacturing. India has become the second largest mobile manufacturer in the world.

Friends,

India’s growth has not only been inspirational but also inclusive. Our digital public infrastructure is empowering the poor. We opened over 500 million bank accounts for the people. We connected these bank accounts with digital identity and mobiles. Due to this, people receive assistance directly in their bank accounts. Ayushman Bharat is the world’s largest free health insurance scheme. It is benefiting over 500 million people.

We have built over 30 million homes for those in need. In just one decade, we have lifted 250 million people out of poverty. Even among the poor, our initiatives have benefited women the most. Millions of women are becoming grassroots entrepreneurs, generating jobs and opportunities.

Friends,

While all this massive growth was happening, we also focused on sustainability. In just a decade, our solar energy capacity grew 30-fold ! Can you imagine ?We have moved towards green mobility, with 20 percent ethanol blending in petrol.

At the international level too, we have played a central role in many initiatives to combat climate change. The International Solar Alliance, The Global Biofuels Alliance, The Coalition for Disaster Resilient Infrastructure, Many of these initiatives have a special focus on empowering the Global South.

We have also championed the International Big Cat Alliance. Guyana, with its majestic Jaguars, also stands to benefit from this.

Friends,

Last year, we had hosted President Irfaan Ali as the Chief Guest of the Pravasi Bhartiya Divas. We also received Prime Minister Mark Phillips and Vice President Bharrat Jagdeo in India. Together, we have worked to strengthen bilateral cooperation in many areas.

Today, we have agreed to widen the scope of our collaboration -from energy to enterprise,Ayurveda to agriculture, infrastructure to innovation, healthcare to human resources, anddata to development. Our partnership also holds significant value for the wider region. The second India-CARICOM summit held yesterday is testament to the same.

As members of the United Nations, we both believe in reformed multilateralism. As developing countries, we understand the power of the Global South. We seek strategic autonomy and support inclusive development. We prioritize sustainable development and climate justice. And, we continue to call for dialogue and diplomacy to address global crises.

Friends,

I always call our diaspora the Rashtradoots. An Ambassador is a Rajdoot, but for me you are all Rashtradoots. They are Ambassadors of Indian culture and values. It is said that no worldly pleasure can compare to the comfort of a mother’s lap.

You, the Indo-Guyanese community, are doubly blessed. You have Guyana as your motherland and Bharat Mata as your ancestral land. Today, when India is a land of opportunities, each one of you can play a bigger role in connecting our two countries.

Friends,

Bharat Ko Janiye Quiz has been launched. I call upon you to participate. Also encourage your friends from Guyana. It will be a good opportunity to understand India, its values, culture and diversity.

Friends,

Next year, from 13 January to 26 February, Maha Kumbh will be held at Prayagraj. I invite you to attend this gathering with families and friends. You can travel to Basti or Gonda, from where many of you came. You can also visit the Ram Temple at Ayodhya. There is another invite.

It is for the Pravasi Bharatiya Divas that will be held in Bhubaneshwar in January. If you come, you can also take the blessings of Mahaprabhu Jagannath in Puri. Now with so many events and invitations, I hope to see many of you in India soon. Once again, thank you all for the love and affection you have shown me.

Thank you.
Thank you very much.

And special thanks to my friend Ali. Thanks a lot.