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Shri Narendra Modi chairs second meeting of the Governing Council of NITI Aayog
Centre & States must move together to end poverty: PM Modi
PM Modi reiterates vision of the Government that state units should be the focus of all development efforts, as part of Team India
Political considerations should not come in way of a solution that would facilitate development of the rural areas, says PM

The Prime Minister, Shri Narendra Modi, today chaired the Second Meeting of the Governing Council of NITI Aayog in New Delhi. The Council held consultations on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act.



In his opening remarks at the meeting, the Prime Minister said the Centre and States must move together to end poverty. He said the political deadlock over land acquisition is seriously impacting rural development, including the creation of schools, hospitals, roads and irrigation projects. He reiterated that as far as paying enhanced compensation is concerned, there are no differences in the stands of the Centre and States.



The Prime Minister reiterated the vision of his Government, that state units should be the focus of all development efforts, as part of "Team India." He recalled that Chief Ministers had always felt that development policies at the Centre should be framed in consultation with the States.



The Prime Minister said that the last one year had been a good beginning, with States being taken on board in the planning process, and State Chief Ministers taking the lead in sub-groups of the NITI Aayog.



The Prime Minister said that after formation of his Government, several States had raised concerns with regard to the implementation of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. He said many States had felt that development work was suffering due to the provisions of the 2013 Act; and some Chief Ministers had requested for changes in the Act, and sent letters to this effect.

The Prime Minister said that the Ordinance was brought about in response to these development concerns of the States, and also to ensure that farmers continue to receive their legitimate due.

The Prime Minister appealed to everyone that political considerations should not come in the way of a solution that would facilitate development of the rural areas, and greater prosperity for the farmers. He said the matter is now before the Parliamentary Standing Committee, and therefore, ahead of the upcoming Parliament session, it was appropriate that the suggestions of States be listened to, once again.

In conclusion, the Prime Minister thanked the Chief Ministers for their participation, and said their suggestions would be welcomed.

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PM interacts with CEOs and Experts of Global Oil and Gas Sector
October 20, 2021
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Our goal is to make India Aatmanirbhar in the oil & gas sector: PM
PM invites CEOs to partner with India in exploration and development of the oil & gas sector in India
Industry leaders praise steps taken by the government towards improving energy access, energy affordability and energy security

Prime Minister Shri Narendra Modi interacted with the CEOs and Experts of the global oil and gas sector earlier today, via video conferencing.

Prime Minister discussed in detail the reforms undertaken in the oil and gas sector in the last seven years, including the ones in exploration and licensing policy, gas marketing, policies on coal bed methane, coal gasification, and the recent reform in Indian Gas Exchange, adding that such reforms will continue with the goal to make India ‘Aatmanirbhar in the oil & gas sector’.

Talking about the oil sector, he said that the focus has shifted from ‘revenue’ to ‘production’ maximization. He also spoke about the need to enhance  storage facilities for crude oil.  He further talked about the rapidly growing natural gas demand in the country. He talked about the current and potential gas infrastructure development including pipelines, city gas distribution and LNG regasification terminals.

Prime Minister recounted that since 2016, the suggestions provided in these meetings have been immensely useful in understanding the challenges faced by the oil and gas sector. He said that India is a land of openness, optimism and opportunities and is brimming with new ideas, perspectives and innovation. He invited the CEOs and experts to partner with India in exploration and development of the oil and gas sector in India. 

The interaction was attended by industry leaders from across the world, including Dr. Igor Sechin, Chairman & CEO, Rosneft; Mr. Amin Nasser, President & CEO, Saudi Aramco; Mr. Bernard Looney, CEO, British Petroleum; Dr. Daniel Yergin, Vice Chairman, IHS Markit; Mr. Olivier Le Peuch, CEO, Schlumberger Limited; Mr. Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited; Mr Anil Agarwal, Chairman, Vedanta Limited, among others.

They praised several recent achievements of the government towards improving energy access, energy affordability and energy security. They appreciated the leadership of the Prime Minister towards the transition to cleaner energy in India, through visionary and ambitious goals. They said that India is adapting fast to newer forms of clean energy technology, and can play a significant role in shaping global energy supply chains. They talked about ensuring sustainable and equitable energy transition, and also gave their inputs and suggestions about further promotion of clean growth and sustainability.