Prime Minister Narendra Modi on Thursday gave a new mantra for Indian governance — reform, perform, transform — as he said that “India means business”. Elaborating on India as a power, the PM added that 40% of digital transactions in the world are happening in India, the country received record FDI last year and “made its own vaccine for Covid and, in fact, exported it to over 100 nations”.
“If we compare the last eight years with the previous three decades we’ll see that reforms couldn’t take place despite their need, due to a lack of political willpower and instability. The country couldn’t take big decisions. After 2014, India is witnessing political willpower & reforms,” PM Modi further at Indian School of Business (ISB) in Hyderabad during its 20-year celebrations.
The prime minister further asked what was the reason that after 2014 India is seeing a phenomenal performance in every field of the game. “The biggest reason for this is the confidence of our athletes. Confidence comes when the right talent is discovered; when there is handholding of talent; when there is a transparent selection; a better infrastructure is available for training, for competition,” he added.
PM Modi said that the economic landscape of India is widening. “We should support small business enterprises and try to give them bigger platforms to grow. Youth support is a must in making India future-ready. And one must independently connect and link their goals to the country’s accomplishments,” the prime minister said.
“Today, India is the fastest developing economy in G-20. India is in the second position when it comes to internet users. India is in the second position in the global retail index. India has the third-largest start-up ecosystem in the world. There are several such achievements,” Modi said. Today the world is witnessing that India means business and this is the achievement of not only the government but also the youth and graduates from institutions like ISB, he further said.
Students from here have created hundreds of startups and played a role in creating unicorns, Modi said adding that this is an achievement of ISB and a cause of pride for the entire country.
Pointing out that often Indian solutions are being implemented globally, he called upon the graduating students of ISB to link their personal goals with that of the country. He said the resilience and strength of the health sector were proved during the Covid-19 pandemic and India developed its own vaccines.
More than 190 crore doses of Covid-19 vaccines have been administered across the nation and India has also sent vaccines to more than 100 other countries, he said. The Prime Minister also noted that bureaucracy has also made firm contributions to the reform process. He credited the people’s participation in the successful implementation of government schemes. He said that when people cooperate, quick and better results are assured.
Modi also gave away medals to some of the meritorious graduates. Telangana Governor Tamilisai Soundararajan, Union Minister of Tourism, Culture and Development of North Eastern Region G Kishan Reddy, were among other dignitaries present.
(With PTI inputs)
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