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"Shri Modi spoke of the fundamental role of financial institutions in driving the economy and highlighted how no industry can progress without the development of the financial sector"
"Job creation is a priority for us. Our development model is leaning towards low-end activities. We want to upgrade that into high-end activity: Shri Narendra Modi"
"Shri Modi said that development of financial institutions was not about development of real estate, but was about service-providing"
"Shri Modi shares his idea of introducing a modern urban concept by creating new world-class cities with special characters"

The need to make the financial sector inclusive in the Nation’s development story and give prominence to human resource development for the creation of a vibrant economy was the focus of Shri Narendra Modi’s address at the plenary session of the National Summit on “Financial Services – A key driver for economic growth” at GIFT city in Gandhinagar.

Addressing the august gathering, on the afternoon of 19th February, Shri Modi spoke of the fundamental role of financial institutions in driving the economy and highlighted how no industry can progress without the development of the financial sector. “We need to give importance to inclusive financial sector for growth,” said Shri Modi, while underscoring how this inclusion will contribute immensely to the growth and success story.

Shri Modi stressed on the need to involve ICT into taking the financial sector to great heights, and said that for this the focus should be on providing ICT security, offering real time service, creating next-generation ICT utility and ensuring high-end solutions. He said that development of financial institutions was not about development of real estate, but was about service-providing.

Shri Narendra Modi addresses summit on financial services, emphasizes on inclusion of the sector in the Nation’s growth story

Shri Modi shared his idea of giving importance to human resource development, as much as infrastructure and technology, and thereby create a vibrant economy. “The importance we are giving to infrastructure and technology, we are giving the same importance to human resource development. We have to export both our labour and talent. Till we do not do that, we cannot compete,” said Shri Modi, while underscoring the need to focus on skill development and value-addition.

While speaking on job creation, Shri Modi emphasized on giving due prominence to human resource development. He said, “Job creation is a priority for us. Our development model is leaning towards low-end activities. We want to upgrade that into high-end activity,” while adding that the sooner we did this, the better we could position our country on the global platform.

Speaking on the tremendous potential of tourism, Shri Modi called for a paradigm shift to tap this potential, and called for the need to create required facilities and modern infrastructure. He put forth the idea of introducing a modern urban concept by creating new world-class cities with special characters, like knowledge city, finance city, sports city and medicity. “Let us create most modern urban infrastructure and let us create world-class cities. We also need to focus on skilled manpower,” said Shri Modi, while adding that the creation of world-class cities, with the most modern infrastructure, would propel the growth for the country.

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In his trademark style of wit and humour, Shri Modi brought out the recent directive to levy service tax on his large rallies across the nation. Shri Modi said, “The nation has seen the true picture during the vote-on-account. The Finance Minister says he is working hard. But about what is he working hard…last evening I learnt that there will be service tax on my rallies. Now I have come to know what this hard work was all about! Even my speeches are contributing to the nation and I am happy to know this.”

On the occasion, Shri Modi also gave away allotment letters to the Managing Directors and CEOs of companies who have established their presence at GIFT city. Dignitaries to grace the occasion included Dr. Varesh Sinha, Chief Secretary, Government of Gujarat, Dr. Hasmukh Adhia, Additional Chief Secretary - Finance, Government of Gujarat and Shri Hari Sankaran, VC & MD, IL&FS.

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COVID taught us that we are stronger and better when we are together: PM Modi
September 25, 2021
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COVID taught us that we are stronger and better when we are together: PM
“Generations will remember the manner in which human resilience prevailed over everything else”
“Poverty cannot be fought by making the poor more dependent on governments. Poverty can be fought when the poor start seeing governments as trusted partners”
“When power is used to empower the poor, they get the strength to fight poverty”
“The simplest and most successful way to mitigate climate change is to lead lifestyles that are in harmony with nature”
“Mahatma Gandhi is among the greatest environmentalists of the world. He led a zero carbon footprints lifestyle. In whatever he did, he put the welfare of our planet above everything else”
“Gandhi ji highlighted the doctrine of trusteeship, where we all are trustees of the planet with the duty of caring for it”
“India is the only G-20 nation that is on track with its Paris commitments”

Namaste!

It is a delight to address this young and energetic gathering. In front of me is a global family, with all the beautiful diversity of our planet.

The Global Citizen Movement uses music and creativity to bring the world together. Music, like sports, has an inherent ability to unite. The great Henry David Thoreau once said, and I quote: "When I hear music, I fear no danger. I am in-vulnerable. I see no foe. I am related to the earliest of times, and to the latest."

Music has a calming impact on our life. It calms the mind and the entire body. India is home to many musical traditions. In every state, in every region, there are many different styles of music. I invite you all to come to India and discover our musical vibrancy anddiversity.

Friends,

For almost two years now, humanity is battling a once in a lifetime global pandemic. Our shared experience of fighting the pandemic has taught us we are stronger and better when we are together. We saw glimpses of this collective spirit when our COVID-19 warriors, doctors, nurses, medical staff gave their best in fighting the pandemic. We saw this spirit in our scientists and innovators, who created new vaccines in record time. Generations will remember the manner in which human resilience prevailed over everything else.

Friends,

In addition to COVID, other challenges remain. Among the most persistent of the challenges is poverty. Poverty cannot be fought by making the poor more dependent on governments. Poverty can be fought when the poor start seeing governments as trusted partners. Trusted partners who will give them the enabling infrastructure to forever break the vicious circle of poverty.

Friends,

When power is used to empower the poor, they get the strength to fight poverty. And therefore, our efforts include banking the unbanked, providing social security coverage to millions, giving free and quality healthcare to 500 million Indians. It would make you happy that about 30 million houses have been built for the homeless in our cities and villages. A house is not only about shelter. A roof over the head gives people dignity. Another mass movement taking place in India is to providedrinking water connection to every household.The Government is spending over a trillion dollars for next-generation infrastructure.For several months last year and now, free food grains have been provided to 800 millions of our citizens.These, and several other efforts will give strength to the fight against poverty.

Friends,

The threat of climate change is looming large before us.The world will have to accept that the any change in the global environment first begins with the self. The simplest and most successful way to mitigate climate change is to lead lifestyles that are in harmony with nature.

The great Mahatma Gandhi is widely known for his thoughts on peace and non-violence. But, do you know that he is also among the greatest environmentalists of the world. He led a zero carbon footprints lifestyle. In whatever he did, he put the welfare of our planet above everything else.He highlighted the doctrine of trusteeship, where we all are trustees of the planet with the duty of caring for it.

Today, India is the only G-20 nation that is on track with its Paris commitments. India is also proud to have brought the world together under the banner of the International Solar Alliance and the Coalition for Disaster Resilient Infrastructure.

Friends,

We believe in the development of India for the development of humankind.I want to conclude by quoting the Rig Veda, which is perhaps one of the world's oldest scriptures.Its verses are still the golden standard in nurturing global citizens.

The Rig Veda says:

संगच्छध्वंसंवदध्वंसंवोमनांसिजानताम्

देवाभागंयथापूर्वेसञ्जानानाउपासते||

समानोमन्त्रःसमितिःसमानीसमानंमनःसहचित्तमेषाम्।

समानंमन्त्रम्अभिमन्त्रयेवःसमानेनवोहविषाजुहोमि।।

समानीवआकूति: समानाहृदयानिव: |

समानमस्तुवोमनोयथाव: सुसहासति||

It means:

Let us move forward together, speaking in one voice;

Let our minds be in agreement and let us share what we have, like the Gods share with each other.

Let us have a shared purpose and shared minds. Let us pray for such unity.

Let us have shared intentions and aspirations that unify us all.

Friends,

what can be a better manifesto for a global citizen than this?May we keep working together

for a kind, just and inclusive planet.

Thank you.

Thank you very much.

Namaste.