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Switzerland supports India's bid for Nuclear Suppliers Group

Published By : Admin | June 6, 2016 | 15:50 IST
India and Switzerland have both been the voices of peace, understanding and humanitarian values in the world: PM
Economic links between India-Switzerland are strong and vibrant: PM Modi
Many Swiss companies are household names in India. Collaboration in trade, investment, science & technology, skill dev. benefit both countries: PM
India is undergoing profound transformations. We are today the fastest growing economy in the world: PM Modi
India has 500 million plus skilled youth ready to meet the global needs of manpower: PM Modi
I invite the Swiss companies to avail the great opportunity to be a key partner in India's economic growth: PM
India-Switzerland agree to support each other for respective bids for the non-permanent membership of the UNSC
Switzerland supports India's membership of the Nuclear Suppliers Group
Combating the menace of "black money" and tax evasion is our shared priority: PM

Your Excellency, President Johann Schneider-Ammann, Friends

Thank you, Excellency, for your warm remarks and generous welcome. I feel the weight of history, standing here with you in this truly international city-Geneva. And, not just international, but a city with a humanitarian soul. After all, it is home to the "Red Cross", and headquarters of several international organizations devoted to serving mankind.

Friends,

India and Switzerland have both been the voices of peace, understanding and humanitarian values in the world. In last seven decades, our friendship has consistently seen an upward trajectory. Today, President and I reviewed our multifaceted bilateral ties. We also held detailed discussions with Swiss CEOs.

Friends,

The economic links between our two countries are strong and vibrant.Many Swiss companies are household names in India. Ties of collaboration in trade, investment, science and technology and skill development benefit both our societies. India has affirmed it's readiness to resume FTA talks with EFTA. We are all aware of the strengths of the Swiss economy. But, India too is undergoing profound transformations. We are today the fastest growing economy in the world. But, that alone is not enough. I want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rail, roads, airports and digital connectivity. Where a home for everyone, and electricity in every home is a reality. And, its 500 million plus youth is skilled and ready to meet the global needs of manpower. President and I agreed to build on the Swiss Vocational and Educational Training system suited to India's needsYesterday we observed World Environment Day. In tune with its objectives and India's civilizational ethos an economically prosperous India will also be friendly to the planet and our environment. Reliance on renewable energy, rather than on fossil fuels would be our guiding motto.

Friends,

We see a perfect connect between our development needs and Swiss strengths. I, therefore, invite the Swiss companies to avail of this great opportunity to be a key partner in India's economic growth. Ultimately, the economic prosperity of 1.25 billion plus would also benefit the entire world.

Friends,

India and Switzerland also share a commitment to reform international institutions in line with current global realities. We have both agreed to support each other for our respective bids for the non-permanent membership of the UN Security Council. I am also thankful to the President for Switzerland's understanding and support for India's membership of the Nuclear Suppliers Group. Combating the menace of "black money" and tax evasion is also our shared priority. We discussed the need for an early and expeditious exchange of information to bring to justice the tax offenders. An early start to negotiations on the Agreement on Automatic Exchange of Information would be important in this respect.

Friends,

Strong ties between the people of our two countries are an important base and benchmark of our linkages. Thanks to the Indian film industry, we are very familiar with the enchanting beauty of the Swiss landscapes. But, we are also keen to welcome larger number of Swiss visitors to India.For this, we have opened the facility of e-Tourist Visa for Swiss nationals earlier this year.

Friends,

There are many success stories of our relationship. One that has been making waves in the Grand Slams of the tennis world is the partnership of famous Swiss player Martina Hingis with Sania Mirza and Leander Paes of India. I am confident that our common commitments and values, people to people links and a strong and growing economic partnership will take our relations to new heights. I thank you, Excellency, once again for hosting me in Geneva.

Thank you. Thank you very much.

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After Moon and Mars, India sights science goals on Venus
September 18, 2024
Cabinet approves mission to Venus for scientific exploration and for better understanding of Venusian atmosphere, geology and generate large amount of science data probing into its thick atmosphere

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the development of Venus Orbiter Mission (VOM), that will be a significant step towards the Government’s vision of exploring and studying the Venus, beyond moon and mars. Venus, the closest planet to Earth and believed to have formed in conditions similar to Earth, offers a unique opportunity to understand how planetary environments can evolve very differently.

The ‘Venus Orbiter Mission’ to be accomplished by Department of Space is envisaged to orbit a scientific spacecraft in the orbit of planet Venus for better understanding of the Venusian surface and subsurface, atmospheric processes and influence of Sun on Venusian atmosphere. The study of the underlying causes of transformation of Venus, which is believed to be once habitable and quite similar to Earth would be an invaluable aid in understanding the evolution of the sister planets, both Venus and Earth.

ISRO will be responsible for the development of spacecraft and its launch. The Project will be effectively managed and monitored through the established practices prevailing at ISRO. The data generated from the mission would be disseminated to the scientific community through existing mechanisms

The mission is expected to be accomplished on the opportunity available during March 2028. The Indian Venus mission is expected to answer some of the outstanding scientific questions resulting in various scientific outcomes. The realization of the spacecraft and launch vehicle is through various industries and it is envisaged that there would be large employment potential and technology spin-off to other sectors of the economy.

The total fund approved for the Venus Orbiter Mission” (VOM), is Rs.1236 Cr out of which Rs 824.00 Crore will be spent on the spacecraft. The cost includes development and realization of the spacecraft including its specific payloads and technology elements, global ground station support cost for navigation and network as well as the cost of launch vehicle.

Journey towards Venus

The mission would enable India for future planetary missions with larger payloads, optimal orbit insertion approaches. There would be a significant involvement of Indian Industry during the development of the spacecraft and launch vehicle. The involvement of various academic institutions and training to students in pre-launch phase that includes design, development, testing, test data reduction, calibration etc. is also envisaged. The mission through its unique instruments offers the Indian Science community new and valuable science data and thereby providing emerging and novel opportunities