Home » Salient Points of PM Modi’s address at the Plenary Session of St. Petersburg International Economic Forum on 02 Jun, 2017
- I want to specially thank President Putin for inviting me to this forum, that too in his homeland
- At a time when we mark 70 years of strong ties with Russia, I am happy to be here among you
- India- Russia ties are not utilitarian. There is an underlying trust in our ties & our ties have grown stronger & deeper over time
- The eyes of the world are on Asia and there is renewed interest in India
- In the last three years there have been substantial reforms, guided by the principle of ‘Minimum Government, Maximum Governance’
- Political will, political stability and clear vision set the tone for transformative reforms
- GST will be implemented and there will be a uniform system of taxation. This will benefit industry
- We are living in the era of technology. In that context, a digital divide can adversely affect the development trajectory of any nation
- Our constant aim is to bridge the digital divide. Over the last three years the impetus to financial inclusion has been tremendous
- We have removed over 1200 laws that are obsolete in today’s context. This is a manifestation of our belief in ‘minimum government’
- India is a fast growing economy- this is a sentiment leading global agencies are reflecting
- It is also agreed that among the top FDI destinations in the world, India figures highly
- New India is about upgraded infrastructure
- In India, we are nurturing an eco-system where the youth of India becomes a job creator, not job seeker
- India is urbanising rapidly and this makes the need of infrastructure and waste management mechanisms even more important
- Number of people who travel by train in India will be more than population of many nations. Hence, railway infra is vital
- In India, sky is the limit. There are opportunities in several sectors
- I see immense opportunities in manufacturing healthcare equipment, defence sector, services sector
- In India there is lot of work underway in renewable energy
- 125 crore people of India are inviting you- explore the opportunities in India
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