"In 2003 Goldman Sachs led by Mr. Jim O’Neill predicted that BRIC Nations would overtake G-6 by 2050. World was taken aback and we were pleasantly surprised: Shri Modi"
"Unfortunately India has not been able to grow upto its full potential. In the last decade, nation has been stuck in uncertain and uneven growth: CM"
"We insisted on transparency, openness and people’s participation from the very beginning: Shri Modi"
"Overall idea was to move from Government to Governance, from rules and acts to responsible action: Shri Modi"
"Our innovations in the social sector and progress on HDI parameters have been appreciated far and wide: Shri Modi"
"We are working with the motto of Gujarat’s growth for India’s growth. We know that India cannot develop unless the States develop: Shri Modi"

On the evening of Monday 17th June 2013 Shri Narendra Modi attended an interactive session on ‘Achieving India’s Full Economic Potential’ with Mr. Jim O’Neill, a world-renowned economist with an expertise on emerging markets. Mr. O’Neill also headed Goldman Sachs. The interactive session was a part of Vibrant Gujarat Lecture Series.

Shri Modi recalled that it was back in 2003 when Goldman Sachs, led by Mr. O’Neill predicted that BRIC nations would overtake G-6 nations by 2050. “The world was taken aback and we were pleasantly surprised,” Shri Modi affirmed. However the Chief Minister pointed out that India has not been able to grow to its full potential during the last decade due to uncertain and uneven growth, which is further compounded by policy paralysis and mis-governance. “We have lost a historic opportunity in the process,” said Shri Modi.

During his speech, the Chief Minister complemented Mr. O’Neill for his 2008 paper, ’10 Things for India to Achieve its 2050 Potential’ and stated that he had read his paper with keen interest.

He recalled how Gujarat bounced back from the destruction of the 2001 quake to scaling new heights of progress in the last twelve years. Shri Modi affirmed that transparency, openness and people’s participation remained key aspects of the Government from the very beginning. He avowed, “The overall idea was to move from Government to Governance, from rules and acts to responsible action.” The Chief Minister expressed satisfaction in the fact that the seeds sown by the Gujarat Government a decade ago are now giving the desired fruits of development for the people. He shared that the Gujarat Government’s innovations in social sector and progress on HDI parameters have been appreciated far and wide and that initiatives of the Gujarat Government have won laurels at the national and international level.

Shri Modi listed the various qualitative and quantitative changes in Gujarat that have greatly benefitted the people. He even spoke on Fiscal Responsibility Act, which has heavily reduced non-development expenditure. He said that Gujarat has grown both in agriculture and industry. He gave the example of the Vibrant Gujarat Summit and Gujarat’s consistent double digit growth in agriculture as compared to the national average of 2-3% to illustrate his point. Shri Modi attributed Gujarat’s growth in agriculture to the farmers and the steps taken for better irrigation practices and in ensuring greater use of latest advances in science and technology. The Chief Minister mentioned Gujarat advances in solar energy.

Shri Modi said the Gujarat Government believed in the motto of ‘Gujarat’s Growth for India’s Growth’ and added that the development journey of Gujarat can be taken even higher if the Centre’s policies are aligned towards a greater vision of a developed India.

Read Text speech of Shri Modi at interactive session on 'Achieving India's Full Economic Potential'

In his speech, Mr. Jim O’Neill spoke about the ten challenges for India to achieve its 2050 potential. The challenges included improving governance, raising basic educational achievements, increasing quality & quantity of users, controlling inflation, introducing a credible fiscal policy with a medium term strategy, liberalizing the financial market, increasing trade with neighbours, increasing agriculture production, improving infrastructure and improving the environment quality.

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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
PM Modi Receives Kuwait's Highest Civilian Honour, His 20th International Award

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PM Modi Receives Kuwait's Highest Civilian Honour, His 20th International Award
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Today the youth of India is full of new confidence, succeeding in every sector: PM Modi
December 23, 2024
Rozgar Melas are empowering the youth and unlocking their potential, Best wishes to the newly inducted appointees: PM
Today the youth of India is full of new confidence, succeeding in every sector: PM
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Our effort is to make women self-reliant in every field: PM

Namaskar!

My cabinet colleagues, other dignitaries from across the country, and my young friends!

I returned from Kuwait late last night. There, I had an extensive meeting with Indian youth and professionals, engaging in meaningful discussions. Now, upon my return, my very first programme is with the youth of our nation—a delightful coincidence indeed. Today marks a significant milestone for thousands of young individuals like you. A new chapter in your lives is unfolding. Your years of dreams have come to fruition, and your relentless efforts have borne fruit. This passing year of 2024 is leaving you and your families with newfound joy. I extend my heartfelt congratulations to each of you and your families on this remarkable achievement.

Friends,

Maximising the potential and talent of Bharat's youth remains the foremost priority of our government. We have been steadfastly working towards this goal through initiatives like Rozgar Melas (job fairs). Over the past decade, a comprehensive campaign to provide government jobs has been underway across various ministries, departments, and institutions. Even today, more than 71,000 young individuals have been handed appointment letters. In the last one and a half years alone, our government has provided permanent government jobs to nearly 10 lakh youth—a record in itself. Such a mission-driven approach to offering permanent employment within the Government has never been witnessed under any previous administration. Moreover, these opportunities are being provided with absolute honesty and transparency. I take pride in the fact that young individuals, nurtured in this transparent tradition, are serving the nation with utmost dedication and integrity.

Friends,

The progress of any nation is intrinsically linked to the efforts, capabilities, and leadership of its youth. Bharat has resolved to emerge as a developed nation by 2047, and we firmly believe in this aspiration. Our confidence stems from the fact that Bharat's talented youth are at the heart of every policy and decision. Over the past decade, initiatives such as Make in India, Atmanirbhar Bharat Abhiyan, Startup India, Stand Up India, and Digital India have all been crafted with the youth as their focal point. Bharat has reformed policies in sectors like space and defence manufacturing, empowering its youth to take full advantage of these opportunities. Today, Bharat's youth radiate confidence, excelling in every domain. We have ascended to become the world’s fifth-largest economy and boast the third-largest startup ecosystem globally. When a young individual embarks on a startup journey today, a robust ecosystem supports them. Similarly, when a youth envisions a career in sports, they can do so with unwavering confidence without the fear of failing. Modern facilities, ranging from training to competitive tournaments, are being established to ensure success. Across various sectors, we are witnessing a remarkable transformation. Bharat is now the world’s second-largest mobile manufacturer. From renewable energy to organic farming, from the space sector to defence, and from tourism to wellness, the nation is scaling new heights and creating unprecedented opportunities.

Friends,

We must cultivate the talents of our youth to propel the nation forward, a responsibility that rests largely with our education system. For decades, the nation has felt the need for a modern educational framework to build a new Bharat. With the National Education Policy, we have embarked on this transformative journey. The education system, which once constrained students with its rigidity, now offers them a wealth of new opportunities. Initiatives like Atal Tinkering Labs and modern PM-SHRI schools are fostering an innovative mindset from an early age. Previously, language posed a significant barrier for rural, Dalit, backward, and tribal youth. To address this, we introduced policies enabling education and examinations in regional languages. Today, our government allows recruitment examinations to be conducted in 13 different languages. Additionally, to empower the youth in border districts, we have increased their recruitment quotas and initiated special recruitment drives. As a result, more than 50,000 young individuals have received appointment letters for positions in the Central Armed Police Forces. I extend my heartfelt congratulations to all these young people.

Friends,

Today also marks the birth anniversary of Chaudhary Charan Singh ji. Our government is privileged to have conferred the Bharat Ratna upon Chaudhary Sahab this year. I pay my respectful tribute to him. We celebrate this day as Kisan Diwas or National Farmer's Day, and on this occasion, I salute all the farmers of our nation, our food providers.

Friends,

Chaudhary Sahab often remarked that Bharat would advance only if its rural areas flourished. Today, our government’s policies and decisions are creating new employment and self-employment opportunities in rural Bharat. A substantial number of young people have found meaningful employment in the agricultural sector, engaging in work that aligns with their aspirations. Under the Gobardhan Yojana, the construction of hundreds of biogas plants has not only generated electricity but also provided jobs to thousands of youth. The integration of hundreds of agricultural markets into the e-NAM Yojana has opened numerous employment avenues. Similarly, the government’s decision to increase ethanol blending to 20 per cent has not only benefited farmers but also created jobs in the sugar sector. By establishing nearly 9,000 Farmer Producer Organisations (FPOs), we have enabled farmers to access new markets while creating employment in rural areas. Today, the government is implementing the world’s largest food storage scheme, building thousands of warehouses. This initiative is poised to generate significant employment and self-employment opportunities. Recently, the government launched the Bima Sakhi Yojana with the aim of providing insurance coverage to every citizen in the country. This programme will also create numerous job opportunities in rural regions. Whether through the Drone Didi Abhiyan, Lakhpati Didi Abhiyan, or the Bank Sakhi Yojana, all these initiatives are driving new employment opportunities in agriculture and rural areas.

Friends,

Today, thousands of young women have been given appointment letters. Your success will serve as an inspiration for countless other women. We are committed to empowering women in every sphere of life. Our decision to grant 26 weeks of maternity leave has safeguarded the careers of lakhs of women, ensuring that their aspirations remain intact. Our government has worked tirelessly to eliminate every obstacle hindering the progress of women. For years after independence, many girls were compelled to abandon their education due to the absence of separate toilets in schools. We addressed this issue through the Swachh Bharat Abhiyan. The Sukanya Samriddhi Yojana has ensured that financial constraints no longer obstruct girls' education. Our government opened Jan Dhan accounts for 30 crore women, enabling them to receive direct benefits from government schemes. Women have also gained access to collateral-free loans under the Mudra Yojana. In the past, women often managed entire households, yet property ownership was rarely in their names. Today, the majority of homes provided under the Pradhan Mantri Awas Yojana are registered in women’s names. Initiatives such as Poshan Abhiyan, Surakshit Matritva Abhiyan, and Ayushman Bharat have significantly improved women’s access to healthcare. Through the Nari Shakti Vandan Act, women have secured reservations in the Vidhan Sabha and Lok Sabha. Our society and country are rapidly advancing towards women-led development.

Friends,

The young professionals receiving appointment letters today will become part of a modernised government system. Over the last 10 years, the outdated image of government offices and their functioning has been transformed. Today, we witness increased efficiency and productivity among government employees, a success achieved through their dedication and hard work. You have reached this milestone due to your eagerness to learn and your determination to excel. Maintain this same enthusiasm throughout your career. The iGOT Karmayogi platform will support your continuous learning journey. It offers over 1,600 diverse courses, enabling you to gain knowledge on various subjects effectively and within a short timeframe. You are young and represent the strength of our nation. There is no goal that our youth cannot accomplish. Begin this new chapter with renewed energy and purpose. Once again, I extend my heartfelt congratulations to all the youngsters who have received appointment letters today. My best wishes for a bright and successful future.

Thank you very much.