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Major responsibility for the success of the self-reliant India campaign lies on Indian industries: PM
India, which was apprehensive of foreign investment, is welcoming investments of all types today:PM
Today the trust of the countrymen is with the products made in India: PM
It is the result of the country's faith in our industry that the ease of doing business and the ease of living is improving. Changes made in the Companies Act bear this out: PM
Today there is a government in the country which is ready to take the biggest risk in the interest of the nation, previous Governments could not muster up the courage to take political risks:PM
This government is able to undertake difficult reforms because for this government reforms are a matter of conviction not compulsion: PM
Abolition of Retrospective Taxation will strengthen the trust between the government and the Industry: PM

Prime Minister Shri Narendra Modi addressed the Confederation of Indian Industry (CII) Annual Meeting 2021 today via video conferencing. During the meeting, the industry leaders appreciated the Prime Minister’s commitment towards reforms in various sectors, in order to achieve the goal of a $5 trillion economy.  Speaking on the theme of the meeting ‘India@75: Government and Business working together for AatmaNirbhar Bharat’, they gave inputs and suggestions to overcome infrastructural challenges, enhance manufacturing capacity, make the financial sector more vibrant, boost the technical prowess of India to attain a leadership position in the technology sector, among other things.

Addressing the gathering, the Prime Minister said that this CII meeting is taking place on the eve of the 75th Independence Day, in the midst of the Azadi ka Amrit Mahotsav. He said this is a huge opportunity, for new resolutions and for new goals of the Indian industry. He added that the major responsibility for the success of the self-reliant India campaign lies on Indian industries. The Prime Minister lauded the industry for their resilience during the pandemic

Shri Modi asked the Industry to take full advantage of the atmosphere of trust for India’s development and capabilities. Making a note of the changes in the approach of the current government and change in the ways of working of the current setup, the Prime Minister stressed that the new India of today is ready to march with the new world. India, which was apprehensive of foreign investment at one point of time, is welcoming investments of all types today. Similarly, tax policies used to induce despondency among the investors, the same India can boast of the world’s most competitive corporate tax and faceless tax system. Red-tapism of the past has been replaced by a significant rise in the ease of doing business index. Similarly, rationalization of the maze of labour laws into 4 labour codes; agriculture, which was treated as a mere means of livelihood, is being connected with the markets through reforms.  As a result India is getting record FDI and FPI. Forex reserves are also at an all time high level, informed the Prime Minister.

There was a time when foreign was synonymous with better. Industry big-wigs understand the consequences of such a psychology. Situation was so bad that even indigenous brands developed with great hard work were advertised with foreign names. The Prime Minister said, today the situation is changing rapidly. Today the trust of the countrymen is with the products made in India. He said that today every Indian wants to adopt products made in India though the company making those products might not necessarily be Indian.

The Prime Minister said today, when the Indian youths enter the field, they do not have that hesitation. They want to work hard, take risks and bring results. He said that the youth are feeling that we belong to this place. Similar confidence is in India's startups today. The Prime Minister highlighted that today India has 60 unicorns as opposed to, possibly, 3-4  unicorns 6-7 years ago. Out of these 60 unicorns, 21 emerged during the last few months. The unicorns, with their diversity of sectors indicate changes in India at every level. Investor response has been tremendous for those startups and this signals that India has extraordinary opportunities for growth.

He said that this is the result of the country's faith in our industry that the ease of doing business and the ease of living is improving. He cited the changes made in the Companies Act as an apt example of this.

The Prime Minister emphasized that the government is able to undertake difficult reforms because for this government reforms are a matter of conviction not compulsion. Referring to the initiatives taken during the Parliament session like The Factoring Regulation amendment Bill, will help small businessmen to get credit. The Deposit Insurance and Credit Guarantee Corporation Amendment Bill will protect the interests of small depositors. Such measures will give a boost to the government’s efforts, said the Prime Minister.

The Prime Minister said that by rectifying the mistakes of the past, the government did away with the Retrospective Taxation. Going by the praise by the industry, the initiative will strengthen the trust between the government and the Industry. Said the Prime Minister.

The Prime Minister remarked that today there is a government in the country which is ready to take the biggest risk in the interest of the nation. He emphasized that GST was stuck for so many years only because the previous Governments could not muster up the courage to take political risks. He said we are not only implementing GST but today we are also witnessing record GST collection.

 

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সেৱা আৰু সমৰ্পণৰ ২০ বছৰক সূচিত কৰা ২০ খন আলোকচিত্ৰ
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PM chairs high level meeting to review preparedness to deal with Cyclone Jawad
December 02, 2021
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PM directs officials to take all necessary measures to ensure safe evacuation of people
Ensure maintenance of all essential services and their quick restoration in case of disruption: PM
All concerned Ministries and Agencies working in synergy to proactively counter the impact of the cyclone
NDRF has pre-positioned 29 teams equipped with boats, tree-cutters, telecom equipments etc; 33 teams on standby
Indian Coast Guard and Navy have deployed ships and helicopters for relief, search and rescue operations
Air Force and Engineer task force units of Army on standby for deployment
Disaster Relief teams and Medical Teams on standby along the eastern coast

Prime Minister Shri Narendra Modi chaired a high level meeting today to review the preparedness of States and Central Ministries & concerned agencies to deal with the situation arising out of the likely formation of Cyclone Jawad.

Prime Minister directed officials to take every possible measure to ensure that people are safely evacuated and to ensure maintenance of all essential services such as Power, Telecommunications, health, drinking water etc. and that they are restored immediately in the event of any disruption. He further directed them to ensure adequate storage of essential medicines & supplies and to plan for unhindered movement. He also directed for 24*7 functioning of control rooms.

India Meteorological Department (IMD) informed that low pressure region in the Bay of Bengal is expected to intensify into Cyclone Jawad and is expected to reach coast of North Andhra Pradesh – Odisha around morning of Saturday 4th December 2021, with the wind speed ranging upto 100 kmph. It is likely to cause heavy rainfall in the coastal districts of Andhra Pradesh, Odisha & W.Bengal. IMD has been issuing regular bulletins with the latest forecast to all the concerned States.

Cabinet Secretary has reviewed the situation and preparedness with Chief Secretaries of all the Coastal States and Central Ministries/ Agencies concerned.

Ministry of Home Affairs is reviewing the situation 24*7 and is in touch with the State Governments/ UTs and the Central Agencies concerned. MHA has already released the first instalment of SDRF in advance to all States. NDRF has pre-positioned 29 teams which are equipped with boats, tree-cutters, telecom equipments etc. in the States and has kept 33 teams on standby.

Indian Coast Guard and the Navy have deployed ships and helicopters for relief, search and rescue operations. Air Force and Engineer task force units of Army, with boats and rescue equipment, are on standby for deployment. Surveillance aircraft and helicopters are carrying out serial surveillance along the coast. Disaster Relief teams and Medical Teams are standby at locations along the eastern coast.

Ministry of Power has activated emergency response systems and is keeping in readiness transformers, DG sets and equipments etc. for immediate restoration of electricity. Ministry of Communications is keeping all the telecom towers and exchanges under constant watch and is fully geared to restore telecom network. Ministry of Health & Family Welfare has issued an advisory to the States/ UTs, likely to be affected, for health sector preparedness and response to COVID in affected areas.

Ministry of Port, Shipping and Waterways has taken measures to secure all shipping vessels and has deployed emergency vessels. The states have also been asked to alert the industrial establishments such as Chemical & Petrochemical units near the coast.

NDRF is assisting the State agencies in their preparedness for evacuating people from the vulnerable locations and is also continuously holding community awareness campaigns on how to deal with the cyclonic situation.

The meeting was attended by Principal Secretary to PM, Cabinet Secretary, Home Secretary, DG NDRF and DG IMD.