Mera Saansad
Search Search
ਪੰਜਾਬੀ language

PM Modi's keynote address at ASSOCHAM Foundation Week

Published By : Admin | December 19, 2020 | 10:26 IST
QuoteCountry is With the Enterprise and Wealth Creators: PM
QuoteSentiment has shifted from ‘Why India’ to 'Why not India'
QuoteCalls for more investment in R&D

The Prime Minister, Shri Narendra Modi  delivered the keynote address at ASSOCHAM Foundation Week 2020, today via video conferencing. The Prime Minister also presented the ‘ASSOCHAM Enterprise of the Century Award’ to Shri Ratan Tata, who received the award on behalf of the TATA Group.

Addressing the gathering the Prime Minister commended the business community for their contribution to nation-building. He said now the industry has complete freedom to touch the sky and urged them to take full advantage of it, put your full strength in the coming years for a self-reliant India, he said.

|

The Prime Minister said the country today is with Enterprise and Wealth Creators giving opportunities to crores of youth. The Government is continuing efforts to build an efficient and friendly Ecosystem. He urged the industry to ensure that its benefits reach the last mile by bringing reforms within the industry like more inclusion of women and young talent, adopting the best practices of the world as soon as possible, corporate governance and profit sharing.

The Prime Minister said even during the pandemic, when the whole world is troubled for investment, record FDI and PFI have come to India as the world trusts the Indian economy now. He gave a call for the industry to increase the domestic investment drastically in line with the increased confidence of the world.

He lamented the poor investment in Research & Development by Indian Industry, comparing with America where 70% of the investment on R&D is from the private sector. He asked the Indian industry to increase their investments in R&D especially in sectors like agriculture, defense, space, energy, construction, pharma and transport sector. He further said in every sector, all the companies should earmark a certain amount for R&D.

|

The Prime Minister remarked that the world is moving rapidly towards the fourth industrial revolution, challenges will come in the form of new technology and many solutions will also come. He said today is the time to plan and act. He urged the business leaders to come together every year and connect every goal with one larger goal of Nation Building.  He said the coming 27 years, when free India will reach its century, will not only determine India's global role, but it will test both the dreams and dedication of Indians. He said this is the time to show the Capability, Commitment and Courage of Indian Industry to the world. He stressed that not only achieving self-reliance is important rather how soon we achieve this goal is equally important.

The Prime Minister remarked that there was never so much positivity in the world about India's success before. He owed this positivity to the unprecedented confidence of over 130 crore Indians. Now India is making new avenues to move forward, moving ahead with new energy. He said the reforms in the country have influenced in changing the sentiment of the industry from ‘Why India’ to 'Why not India' in investing.

The Prime Minister remarked that New India, by relying on its strength, relying on its own resources, is pushing forward for AtmaNirbhar Bharat and special focus is on manufacturing to achieve this goal. He said reforms are continuously being undertaken to promote manufacturing in India.

The Prime Minister said today, as we are moving forward on the mission mode to make local a global one, we have to react quickly to every Geopolitical Development. He stressed on the need to have an effective mechanism for how India will meet any sudden demand in the global supply chain. He said the need of the hour is to achieve better synergy between industry organizations such ASSOCHAM with the Ministry of External Affairs, Commerce & Trade to achieve the goal. He asked the industry for suggestions and ideas on how to react quickly to Global Transformations and how to have better mechanisms for faster response.

The Prime Minister said India is also capable of helping the world while meeting its needs. Even during the period of Corona, India has taken the responsibility of Pharmacy of the world and delivered essential medicines around the world. Now even in the case of vaccines, India will fulfill its needs and also meet the expectations of many countries. He urged Members of Assocham to provide a global platform for showcasing the products of rural artisans. He said this would help in bridging the rural urban divide. He stressed the need for the Government of India to work together with State Governments, Farm Organizations and industry associations for better promotion of our organic farm products, better infrastructure and better market. This would help our entire rural economy reach a new high.

The Prime Minister said in the beginning of the 21st century, Atal ji aimed to connect India with the highways. Today, there is a special focus on Physical and Digital Infrastructure in the country. We are engaged in providing broadband connectivity to every village in the country so that the Reach of the village farmer is also up to Digitally Global Markets.  He urged on using every avenue associated with funding to build better infrastructure ie. Strengthening public sector banks, increasing the potential of Bond Markets, are efforts in that direction. Similarly, Sovereign Wealth Funds and Pension Funds are being tax exempted, REITs and INVITs are being promoted and Infrastructure related assets being monetized.

The Prime Minister said the Government can provide the necessary facilities, create the right environment, give incentives and change policies. But it is the industry partners, who can convert this support into success. He said for the dream of a self-reliant India, the country has made up its mind for the necessary changes in the rules and regulations, the country is committed.

 

Click here to read full text speech

Login or Register to add your comment
  • ...

    Reena chaurasia August 29, 2024

    बीजेपी
  • ...

    शिवकुमार गुप्ता March 08, 2022

    जय भारत
  • ...

    शिवकुमार गुप्ता March 08, 2022

    जय हिंद
  • ...

    शिवकुमार गुप्ता March 08, 2022

    जय श्री सीताराम
  • ...

    शिवकुमार गुप्ता March 08, 2022

    जय श्री राम
Explore More
ਹਰ ਭਾਰਤੀ ਦਾ ਖੂਨ ਖੌਲ ਰਿਹਾ ਹੈ: ਮਨ ਕੀ ਬਾਤ ਵਿੱਚ ਪ੍ਰਧਾਨ ਮੰਤਰੀ ਮੋਦੀ

Popular Speeches

ਹਰ ਭਾਰਤੀ ਦਾ ਖੂਨ ਖੌਲ ਰਿਹਾ ਹੈ: ਮਨ ਕੀ ਬਾਤ ਵਿੱਚ ਪ੍ਰਧਾਨ ਮੰਤਰੀ ਮੋਦੀ
View All
‘Bharat looks bhavya': Gaganyatri Shubhanshu Shukla’s space mission inspires a nation

Media Coverage

‘Bharat looks bhavya': Gaganyatri Shubhanshu Shukla’s space mission inspires a nation
View All
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
Download App
...
PM Modi’s remarks at the BRICS session: Environment, COP-30, and Global Health
July 07, 2025

Your Highness,
Excellencies,

I am glad that under the chairmanship of Brazil, BRICS has given high priority to important issues like environment and health security. These subjects are not only interconnected but are also extremely important for the bright future of humanity.

Friends,

This year, COP-30 is being held in Brazil, making discussions on the environment in BRICS both relevant and timely. Climate change and environmental safety have always been top priorities for India. For us, it's not just about energy, it's about maintaining a balance between life and nature. While some see it as just numbers, in India, it's part of our daily life and traditions. In our culture, the Earth is respected as a mother. That’s why, when Mother Earth needs us, we always respond. We are transforming our mindset, our behaviour, and our lifestyle.

Guided by the spirit of "People, Planet, and Progress”, India has launched several key initiatives — such as Mission LiFE (Lifestyle for Environment), 'Ek Ped Maa Ke Naam' (A Tree in the Name of Mother), the International Solar Alliance, the Coalition for Disaster Resilient Infrastructure, the Green Hydrogen Mission, the Global Biofuels Alliance, and the Big Cats Alliance.

During India’s G20 Presidency, we placed strong emphasis on sustainable development and bridging the gap between the Global North and South. With this objective, we achieved consensus among all countries on the Green Development Pact. To encourage environment-friendly actions, we also launched the Green Credits Initiative.

Despite being the world’s fastest-growing major economy, India is the first country to achieve its Paris commitments ahead of schedule. We are also making rapid progress toward our goal of achieving Net Zero by 2070. In the past decade, India has witnessed a remarkable 4000% increase in its installed capacity of solar energy. Through these efforts, we are laying a strong foundation for a sustainable and green future.

Friends,

For India, climate justice is not just a choice, it is a moral obligation. India firmly believes that without technology transfer and affordable financing for countries in need, climate action will remain confined to climate talk. Bridging the gap between climate ambition and climate financing is a special and significant responsibility of developed countries. We take along all nations, especially those facing food, fuel, fertilizer, and financial crises due to various global challenges.

These countries should have the same confidence that developed countries have in shaping their future. Sustainable and inclusive development of humanity cannot be achieved as long as double standards persist. The "Framework Declaration on Climate Finance” being released today is a commendable step in this direction. India fully supports this initiative.

Friends,

The health of the planet and the health of humanity are deeply intertwined. The COVID-19 pandemic taught us that viruses do not require visas, and solutions cannot be chosen based on passports. Shared challenges can only be addressed through collective efforts.

Guided by the mantra of 'One Earth, One Health,' India has expanded cooperation with all countries. Today, India is home to the world’s largest health insurance scheme "Ayushman Bharat”, which has become a lifeline for over 500 million people. An ecosystem for traditional medicine systems such as Ayurveda, Yoga, Unani, and Siddha has been established. Through Digital Health initiatives, we are delivering healthcare services to an increasing number of people across the remotest corners of the country. We would be happy to share India’s successful experiences in all these areas.

I am pleased that BRICS has also placed special emphasis on enhancing cooperation in the area of health. The BRICS Vaccine R&D Centre, launched in 2022, is a significant step in this direction. The Leader’s Statement on "BRICS Partnership for Elimination of Socially Determined Diseases” being issued today shall serve as new inspiration for strengthening our collaboration.

Friends,

I extend my sincere gratitude to all participants for today’s critical and constructive discussions. Under India’s BRICS chairmanship next year, we will continue to work closely on all key issues. Our goal will be to redefine BRICS as Building Resilience and Innovation for Cooperation and Sustainability. Just as we brought inclusivity to our G-20 Presidency and placed the concerns of the Global South at the forefront of the agenda, similarly, during our Presidency of BRICS, we will advance this forum with a people-centric approach and the spirit of ‘Humanity First.’

Once again, I extend my heartfelt congratulations to President Lula on this successful BRICS Summit.

Thank you very much.