Dr. Syama Prasad Mookerjee Research Foundation

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PM’s address at the Virtual Global Investor Roundtable

  • Greetings on the festival season. I am delighted to welcome you. I am happy to see your eagerness to enhance your engagement with us.
  • I hope that our better understanding of each other’s perspectives, will result in a better alignment of your plans and our vision.
  • Friends, Through this year, as India bravely fought the global pandemic, the world saw India’s national character. The world also saw India’s true strengths. It successfully brought out traits that Indians are known for: A sense of responsibility.
  • A spirit of compassion. National unity. The spark of innovation. India has shown remarkable resilience in this pandemic, be it fighting the virus or ensuring economic stability.
  • This resilience is driven by the strength of our systems, support of our people and stability of our policies.
  • It is because of the strength of our systems, that we could provide food-grains to around 800 million people, Money to 420 million people, and free cooking gas to around 80 million families.
  • It is because of the support of the people who practice social distancing and wearing of masks that India has given such a strong fight to the virus.
  • It is because of the stability of our policies that India has emerged as one of the world’s preferred investment destinations.
  • Friends, We are building a New India which is free of old practices. Today, India is changing and for the better.
  • From fiscal Irresponsibility to fiscal prudence, from High inflation to low inflation, from reckless lending creating Non performing assets to merit based lending, from infrastructure deficit to infrastructure surplus, from mis-managed urban growth to holistic and balanced growth and from physical to digital infrastructure.
  • Friends, India’s quest to become aatmnirbhar is not just a vision but a well-planned economic strategy.
  • A strategy that aims to use the capabilities of our businesses and skills of our workers to make India into a global manufacturing power-house.
  • A strategy that aims to use our strength in technology to become the global centre for innovations.
  • A strategy that aims to contribute to global development using our immense human resources and their talents.
  • Friends, Today, investors are moving towards companies which have a high Environmental, Social and Governance score.
  • India already has systems and companies which rank high on this. India believes in following the path of growth with equal focus on ESG.
  • Friends, India offers you Democracy, Demography, Demand as well as Diversity. Such is our diversity that you get multiple markets within one market.
  • These come with multiple pocket sizes and multiple preferences. These come with multiple weathers and multiple levels of development.
  • This diversity also comes with open minds and open markets, in a democratic, inclusive and law-abiding system.

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