NDTV News

NDTV.com provides latest news from India and the world. Get today’s news headlines from Business, Technology, Bollywood, Cricket, videos, photos, live news coverage and exclusive breaking news from India.

https://www.ndtv.com/

This Is Best Time To Invest In India, Says PM At World Economic Forum.

The Prime Minister highlighted India's innovations in technology and digital infrastructure.

New Delhi:

This is the best time to invest in India, Prime Minister Narendra Modi said in a special address to world leaders, while detailing various steps the country has taken to make it the "most atractive" investment destinaton in the world. The PM said Indian youth have an entrprenual spirit and an eagerness to innovate and adopt new tehcnology. "Indian youth are ready to take your businesses & ideas to new heights. With our global skills, India has registered more than 60,000 startups in 2021," he said while speaking at the World Economic Forum's (WEF) five-day online 'Davos Agenda' summit.

"India offers a 'bouquet of hope' to the world. It includes our trust in democracy; it includes our technology, our temperament and talent," he said. "In 2014, there were maybe a hundred registered startups in India. Now, the number has crossed 60 thousand. We also have more than 80 unicorns now, more than 40 of them achieved that status just last year," he said.

The Prime Minister highlighted India's innovations in technology and digital infrastructure, rapid adaptation of technologies like the Unified Payments Interface (UPI), technological solutions like Arogya Setu and CoWin, and tax reforms to strengthen 'ease of doing business' in the country. He also pointed out that India sends a record number of software developers to the world and has the third highest number of Unicorns. On advancement in digital solutions, he mentioned that just last month India saw 4.4 billion transactions on UPI.

"We also focused on reforms in the right direction. Global economic experts have praised India's decisions and I'm certain that we will fulfill the world's aspirations from India," he said.

PM Modi spoke of a long-term, sustainable vision of the future of economic growth. "Today India is making policies, taking decisions regarding the present as well as the goals of the next 25 years. In this period, India has set the goals of high growth, a saturation of welfare, and wellness," he said.

This growth would be green, clean, sustainable and reliable, he stressed, while pointing out India's commitment on climate change and various intitiatives the government is taking for a green and susainable future. PM Modi spoke at length about a change in lifestyle to be more climate conscious and said that "throw away culture" and consumerism has deepened the climate crisis.

"In COP26, I gave 'Mission L.I.F.E. - Lifestyle for Environment'. We have to now work & innovate towards 'P3 Movement - 'Pro-Planet People'. This will help us reach our sustainable environment goals," he said.

PM Modi said India is now becoming the "new, attractive" investment destination because of several initiatives taken by the government that appeal to the business community. "More than 6 lakh villages have been connected with optical fibre. To bring every stakeholder of development on one platform, India has started the Gatishakti national masterplan," he said.

"We have launched PM Gatishakti Master plan that will integrate infrastructure, development & implementation. It will seamlessly connect goods, people and services," he added.

Along with Chinese President Xi Jinping who spoke earlier today, a special address by Prime Minister Narendra Modi was the highlight of the first day.

The WEF's face-to-face gathering of political and corporate power players, which has been taking place in the Swiss ski resort town of Davos for 50 years now, has been forced online for two years in a row now because of the Covid pandemic that continues unabated.

PM Modi's address would be followed by the address of United Nations' Secretary-General Antonio Guterres.

Israeli Prime Minister Naftali Bennett and Japan's Prime Minister Kishida Fumio are scheduled to deliver their respective special addresses on Tuesday (January 18), when special sessions would also be held on global social contract and challenges of vaccine equity, which would be attended by WHO chief Tedros Adhanom Ghebreyesus and Serum Institute of India chief Adar Poonawalla, among others.

The WEF has said 'Davos Agenda 2022' will be the first global platform for key world leaders to share their visions for 2022 and it is being convened on the theme of 'The State of the World'.

Останні новини
Awaiting Supreme Court ruling on first Second Amendment case in years.

Awaiting Supreme Court ruling on first Second Amendment case in years.

The Supreme Court is expected to issue a decision soon on its first major Second Amendment case in years, on a New York law that restricts carrying a concealed weapon outside the home. Joseph Blocher, law professor at Duke University and co-direct...

1 2

'I Didn't Want To Hurt Johnny': Heard Tells Court She Didn't Want To Be 'Framed As A Victim'.

'I Didn't Want To Hurt Johnny': Heard Tells Court She Didn't Want To Be 'Framed As A Victim'.

A recorded phone call was played in court from around the time of Johnny Depp and Amber Heard's divorce, where Heard was speaking to Depp about documents of their allegedly violent relationship. Heard explains to the court she didn't want to be fr...

Will Cain: This is the connection between Pelosi and Bill Maher.

Will Cain: This is the connection between Pelosi and Bill Maher.

Fox News contributor Will Cain on Bill Maher calling out Democrats for supporting protest of SCOTUS justices' at their homes and extreme abortion stance becoming mainstream among Democrat politicians. #FoxNews Subscribe to Fox News! Watch more Fox...

Buffalo shooting suspect had plans to continue rampage, police say.

Buffalo shooting suspect had plans to continue rampage, police say.

The suspect in Saturday's deadly shooting at a Buffalo grocery store had plans to continue his rampage, according to police. The police commissioner for the city said there's evidence the suspect would have possibly targeted another store. CBS New...

Woman claims police were involved in child abuse in Glasgow.

Woman claims police were involved in child abuse in Glasgow.

Police in Scotland are investigating allegations that two of their own officers were involved in a child abuse ring in Glasgow. It follows testimony given to Sky News by one victim who says she recognised an officer who sexually abused her. She sa...

Family Of Buffalo Supermarket Shooting Victim Calls For Change.

Family Of Buffalo Supermarket Shooting Victim Calls For Change.

The family of Ruth Whitfield, a victim of the Buffalo supermarket shooting, spoke out at a press conference with attorney Ben Crump. The family wants to hold people who radicalize white supremacists accountable. They shared stories about their mot...