"Policy making should incorporate inputs from universities and think tanks: Narendra Modi"
"Focus needs to shift from Highways to Information Highways. We need optical fibre network across the country: Narendra Modi"
"PM gives Mantra of “per drop, more crop” for water conservation"
"Skill development is a priority area for us. We believe in our demographic dividend: Narendra Modi"

The Prime Minister gave a timely glimpse into how policy making in the country needs to evolve with the times. Speaking on the occasion of release of "Getting India Back on track – an Action agenda for reform", in a function at 7, Race Course Road, New Delhi he said policy making should incorporate inputs from universities and intellectual think tanks. The Prime Minister, Shri Narendra Modi, today said "the input of intellectual think tanks" should be substantially enhanced for better policy frameworks. Focussing on the need for  better long term planning he said, “Universities should also be actively involved in research and analysis of the developmental process, to contribute in the best possible way for policy-related decisions.”

Sharing a futuristic vision, he said infrastructure focus needs to shift from highways to "information highways which he says are I-ways.  Stressing on the need for building better optical fibre networks he said while cities in the past were built on river-banks, they will now be built based on availability of optical-fibre networks and next-generation infrastructure.

The Prime Minister said that he wants the country to treat urbanisation as an opportunity and not a problem. He said if we have to generate employment and change for the better, we plan to build 100 smart cities. Using anecdotes and analogies, the Prime Minister cited the three colours of the National Flag, to suggest revolutionary agendas of futuristic growth.

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Beginning with green, he said we need to bring about a second green revolution – focusing on increased agro-productivity, value addition, agro technology, and decentralization of warehousing. Referring to white, he said a white revolution must now focus on increasing milk productivity, and developing a support system for ensuring cattle health. The Prime Minister said, saffron colour represents energy – and we need a saffron revolution that focuses on renewable energy sources such as solar energy, to meet India's growing energy demand. Inspired by the blue colour of the Ashok Chakra in the National Flag, he said the blue revolution should focus on the fisheries sector, including ornamental fish.

Shri Modi stressed on the need for water conservation, and emphasized the importance of micro-irrigation, which would lead to "per drop, more crop." He said that micro-irrigation had been successful in improving productivity and quality in crops like sugarcane in Gujarat.

He said we need to exploit the demographic dividend, as 65 percent of our population was below 35 years of age. For this skill development needs to be a priority area. Referring to skills such as teaching, nursing and paramedics, he said good teachers were one of the biggest needs of society, but there are very few good teachers available. He asked the audience why India should not aim to become an exporter of good teachers who would capture the imagination of an entire generation globally. He said if India has to compete with China, the focus should be on skill, scale and speed.

Talking about the need to combat the challenge of global warming and climate change, the Prime Minister said that a civilization that treated rivers as mothers, did not need to learn about environment protection from a western mindset. Overall, the speech gave  insights into  how India’s economic policy making is set to  undergo a much needed change with a promise of bigger and better opportunities  for the citizens of the country.

Speaking on the occasion, Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley said there could not have been a more appropriate time for release of the book. He said Governments should not only have the will to rule, but also the credibility to rule. He said the international community was once again looking at India, and it is an opportunity that we cannot afford to miss.

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PM to disburse incentives worth around ₹2,400 crore under PM-VBRY on 19 June
June 17, 2026
First-Time Employees to Receive Incentive of up to ₹15,000
To encourage sustained job creation, Employers eligible for Incentive of up to ₹3,000 per Month per Additional Employee
PM-VBRY is designed to facilitate Job Creation, Formalisation of Employment and Expansion of Social Security Coverage
Scheme has already Facilitated Employment for 15 Lakh Beneficiaries Across the Country

Prime Minister Shri Narendra Modi will disburse incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme to be held on 19 June 2026 at 5 PM at Vigyan Bhawan, New Delhi.

The disbursal marks a significant milestone in the implementation of PM-VBRY, the Government of India’s flagship employment-linked incentive scheme aimed at accelerating job creation, promoting formalisation of employment, enhancing employability, and expanding social security coverage across sectors. The scheme has already supported the creation of 15 lakh employment opportunities across the country.

PM-VBRY is designed to encourage both workers and employers to participate in the formal economy. Under the scheme, first-time employees are eligible for an incentive of up to ₹15,000, providing crucial support as they enter the workforce. Employers generating additional employment are eligible for incentives of up to ₹3,000 per month per additional employee, thereby encouraging sustained job creation. Recognising the strategic importance of manufacturing in driving economic growth, employers in the manufacturing sector are eligible to receive incentives for a period of four years, while employers in all other sectors can avail incentives for two years.

The scheme reflects the Government’s commitment to fostering an enabling ecosystem for employment-led growth and ensuring that the benefits of India’s economic progress translate into quality formal employment opportunities for its youth.

PM-VBRY came into effect on 1 August 2025. With a total outlay of ₹99,446 crore, the scheme aims to incentivise the creation of more than 3.5 crore jobs over a two-year period. Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the workforce. By supporting both employees and employers, the scheme is playing a transformative role in expanding formal employment, strengthening social security coverage, and advancing the vision of a Viksit Bharat.