Text of PM's Op-Ed in Wall Street Journal

Published By : Admin | September 26, 2014 | 10:38 IST

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Following is the text of the Op-Ed written by Prime Minister Shri Narendra Modi, published in the Wall Street Journal today:

There is a high tide of hope for change in India. This May, across India’s immense diversity, 1.25 billion people spoke unequivocally for political stability, good governance and rapid development. India has a government with a majority in the Lok Sabha, our lower house of parliament, for the first time in 30 years. A young nation with 800 million people under age 35, India is brimming with optimism and confidence. The young people’s energy, enthusiasm and enterprise are India’s greatest strength. Unleashing those attributes is my government’s biggest mission.

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We will pursue this mission by eliminating unnecessary laws and regulations, making bureaucratic processes easier and shorter, and ensuring that our government is more transparent, responsive and accountable. It has been said that doing the thing right is as important as doing the right thing.

We will create world-class infrastructure that India badly needs to accelerate growth and meet people’s basic needs. We will make our cities and towns habitable, sustainable and smart; and we will make our villages the new engines of economic transformation. ‘Make in India’ is our commitment—and an invitation to all—to turn India into a new global manufacturing hub. We will do what it takes to make it a reality.

We ran our election campaign on the promise of inclusive development. To me, that means many things: skills education, and opportunity; safety, dignity and rights for those in every section of our society, especially women; a bank account for every Indian; affordable health care within everyone’s reach; sanitation for all by 2019; a roof over every head by 2022; electricity for every household; and connectivity to every village. In addressing these daunting challenges, I draw confidence from countless extraordinary stories of ordinary Indians that I have seen through decades of travel across India.

I also strongly believe in the possibilities of technology and innovation to transform governance, empower people, provide affordable solutions for societal challenges and reach people in ways that were unimaginable not so long ago. The number of cell phones in India has gone up from about 40 million to more than 900 million in a decade; our country is already the second-largest market for smart phones, with sales growing ever faster. When I think of the growth in computing power and storage capacity and its miniaturization that the world has witnessed over the past two decades, I am confident that this can be replicated in renewable energy. With solar and wind power, thousands of Indian villages will be able to get access quickly to reliable, affordable and clean energy, without waiting for large, faraway conventional power plants to be built.

For this reason, India’s journey to prosperity can be a more sustainable and environmentally sensitive one than the path followed by countries that came of age in earlier eras. This is a journey of our choice, rooted in our tradition that worships nature’s bounties.

India will pursue its dreams in partnership with our international friends. History tells us that India’s natural instinct is to be open to the world. India will be open and friendly—for business, ideas, research, innovations and travel. In the coming months, you will feel the difference even before you begin your travel to India.

The United States is our natural global partner. India and the U.S. embody the enduring and universal relevance of their shared values. The thriving Indian-American community in the U.S. is a metaphor for the potential of our partnership, and for the possibilities of an environment that nurtures enterprise and rewards hard work. Our strengths in information technology are especially important for leadership in the digital age. The partnership between our businesses takes place in the comfort and certainty of similar political systems and shared commitment to rule of law. In education, innovation, and science and technology, the U.S continues to inspire India.

India and the U.S. have a fundamental stake in each other’s success—for the sake of our values and our many shared interests. That is also the imperative of our partnership. And it will be of great value in advancing peace, security and stability in the Asia and Pacific regions; in the unfinished and urgent task of combating terrorism and extremism; and in securing our seas, cyber space and outer space, all of which now have a profound influence on our daily lives.

The complementary strengths of India and the U.S. can be used for inclusive and broad-based global development to transform lives across the world. Because our countries’ values and interests are aligned, though our circumstances are different, we are in a unique position to become a bridge to a more integrated and cooperative world. With sensitivity to each other’s point of view and the confidence of our friendship, we can contribute to more concerted international efforts to meet the pressing global challenges of our times.

This is a moment of flux in the global order. I am confident in the destiny of our two nations, because democracy is the greatest source of renewal and, with the right conditions, offers the best opportunity for the human spirit to flourish.

Originally published in: https://online.wsj.com/articles/narendra-modi-an-invitation-to-make-in-india-1411687511

 

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Cabinet approves PM E-DRIVE Scheme with an outlay of Rs.10,900 crore
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The Scheme now includes e-vouchers, streamlining the EV buying process easier than ever
Scheme paves the way for electric ambulances – crucial step towards integrating EVs in to the health sector
Significant move for greener healthcare solutions
To give extra incentives for purchasing e-truck after scrapping old truck
Scheme aims to enhance vehicle testing infrastructure with dedicating fund of Rs.780 crore for developing testing agencies
Will enhance electric vehicle mobility in India

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the proposal of Ministry of Heavy Industries (MHI) for implementation of scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme' for promotion of electric mobility in the country.

The scheme has an outlay of Rs 10,900 crore over a period of two years.

The major components of the scheme are as under:

Subsidies/Demand incentives worth Rs.3,679 crore have been provided to incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs. The scheme will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses.

MHI is introducing e-vouchers for EV buyers to avail demand incentives under the scheme. At the time of purchase of the EV, the scheme portal will generate an Aadhaar authenticated e-Voucher for the buyer. A link to download the e- voucher shall be sent to the registered mobile number of the buyer.

This e-voucher will be signed by the buyer and submitted to the dealer to avail demand incentives under the scheme. Thereafter, the e-Voucher will also be signed by the dealer and uploaded on the PM E-DRIVE portal. The signed e-voucher shall be sent to the buyer and dealer through an SMS. The signed e-voucher will be essential for OEM to claim reimbursement of demand incentives under the scheme.

The scheme allocates Rs.500 crore for the deployment of e-ambulances. This is a new initiative of Govt of India to promote the use of e-ambulance for a comfortable patient transport. The performance and safety standards of e-ambulances will be formulated in consultation with MoHFW, MoRTH and other relevant stakeholders.

A sum of Rs.4,391 crore has been provided for procurement of 14,028 e-buses by STUs/public transport agencies. The demand aggregation will be done by CESL in the nine cities with more than 40 lakh population namely Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bangalore, Pune and Hyderabad. Intercity and Interstate e-buses will also be supported in consultation with states.

While allocating buses to cities/states, first preference shall be given to those number of buses of cities/states, which are being procured after scrapping old STU buses, through authorised scrapping centres (RVSFs) following the MoRTH Vehicle Scrapping Scheme guidelines.

The trucks are a major contributor to air pollution. The scheme will promote the deployment of e-trucks in the country. Rs.500 crore has been allocated for incentivising e-trucks. Incentives will be given to those who have a scrapping certificate from MoRTH approved vehicles scrapping centres (RVSF).

The scheme addresses range anxiety of EV buyers by promoting in a big way the installation of electric vehicle public charging stations (EVPCS). These EVPCS shall be installed in the selected cities with high EV penetration and also on selected highways. The scheme proposes the installation of 22,100 fast chargers for e-4 Ws, 1800 fast chargers for e-buses and 48,400 fast chargers for e-2W/3Ws. The outlay for EV PCS will be Rs.2,000 crore.

In view of the growing EV ecosystem in the country, the test agencies of MHI will be modernized to deal with the new and emerging technologies to promote green mobility. The upgradation of testing agencies with an outlay of Rs.780 crore under the aegis of MHI has been approved.

The scheme promotes mass mobility by supporting means of public transportation. The primary objective of the PM E-DRIVE scheme is to expedite the adoption of EVs by providing upfront incentives for their purchase, as well as by facilitating the establishment of essential charging infrastructure for EVs. The PM E-DRIVE scheme aims to promote EVs to reduce the environmental impact of transportation and improve air quality.

The scheme promotes an efficient, competitive and resilient EV manufacturing industry thereby promoting Aatmanirbhar Bharat. This will be achieved by incorporating phased manufacturing programme (PMP) which encourages domestic manufacturing and strengthening of EV supply chain.

This initiative of Govt. of India is poised to address concerns regarding environmental pollution and fuel security as well as to make significant progress in promoting sustainable transportation solutions. This scheme along with its PMP, shall spur investment in the EV sector and associated supply chain. The scheme shall create significant employment opportunities along the value chain. There will also be employment generation through manufacturing and establishment of charging infrastructure.