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"PM: Federal structure can be a "development mechanism", not merely a "Constitutional arrangement""
"संघीय ढांचा सिर्फ संवैधानिक प्रबंध ही नहीं बल्कि विकास तंत्र भी है-प्रधानमंत्री"

The Prime Minister, Shri Narendra Modi, today said India`s federal structure should be viewed as a "development mechanism" rather than just a "constitutional arrangement." Interacting with a group of 16 eminent economists from the United States, the Prime Minister said his focus was to build "Team India" – through a partnership with all state Chief Ministers, and by encouraging and facilitating states to take initiatives for economic growth.

Stating that a person who is unhealthy cannot derive benefit from exercise, the Prime Minister said that the first six months of his Government were focused on making India healthy once again. The "exercise" would begin now, he added.

The Prime Minister said there would be a youth-centric focus to all policies of his Government, as 65 percent of India`s population is below the age of 35. Therefore, skill development and job creation would continue to be accorded the topmost priority.

The Prime Minister stressed on the need to inject technology into government processes and decision making, saying this would provide the best possible solution to the problem of corruption. He said the Government`s focus on infrastructure and "Digital India" would boost employment opportunities even in the rural areas.

The Prime Minister said the success of the Pradhan Mantri Jan Dhan Yojana would not only bring economic benefits, but had also boosted the confidence within Government, as a key objective of the scheme (opening bank accounts for the poor) has been achieved.

Speaking on the occasion, Finance Minister Shri Arun Jaitley gave an overview of the various decisions taken by the Government over the last six months in the economic sphere. He said there was a mood of optimism and expectation from the new Government, and the process of pragmatic and realistic decision-making was giving results.

The session was moderated by Dr. Shekhar Shah, Director-General of the NCAER. The economists will participate in the Neemrana Conference, organized by NCAER, beginning tomorrow.

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‘ચલતા હૈ’ નું વલણ છોડી દઈને ‘બદલ સકતા હૈ’ વિચારવાનો સમય પાકી ગયો છે: વડાપ્રધાન મોદી
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BRICS Business Council created a roadmap to achieve $ 500 billion Intra-BRICS trade target by the next summit :PM
PM requests BRICS countries and NDB to join Coalition for Disaster Resilient Infrastructure initiative
PM participates in Leaders dialogue with BRICS Business Council and New Development Bank

Prime Minister Shri Narendra Modi along with the Heads of states of other BRICS countries participated in the Leaders dialogue with BRICS Business Council and New Development Bank.

Prime Minister said that the BRICS Business Council created a roadmap to achieve the $ 500 billion Intra-BRICS trade target by the next summit and identification of economic complementarities among BRICS countries would be important in this effort. The partnership agreement between New Development Bank and BRICS Business Council would be useful for both the institutions, he added.

PM requested BRICS countries and NDB to join Coalition for Disaster Resilient Infrastructure initiative. He also requested that the work of establishing the Regional Office of NDB in India should be completed soon. This will give a boost to projects in priority areas, he added.

PM concluded that our dream of strengthening BRICS economic cooperation can be realized only with the full cooperation of the Business Council and New Development Bank.