It is essential that there is an enabling ecosystem for investors to invest in the states, where it is free of the Inspector Raj: PM
Healthy competition among states would enhance the competitiveness of our industries on the global platform: PM
Today India stands out as a Business Friendly Destination: PM Modi

Prime Minister congratulated the Chief Minister of Himachal Pradesh for organizing this event.

Addressing the gathering, Prime Minister said, he is happy to welcome all the Wealth Creators to this meet.

He said earlier states were offering various discounts to attract investment and that the investors were waiting to see which State offered more concessions or discounts.

Prime Minister said that in the last few years states have realised that this competition of offering discounts or concessions to industrialists were of no benefit to anyone – either to the state or to the Industrialists.

He said it is essential that there is an enabling ecosystem for investors to invest in the states, where it is free of the Inspector Raj and the need of permits at every stage.

He said nowadays the States are competing to provide such an enabling ecosystem to the investors.

He added, over the past few years, several reforms such as ease of doing business, scrapping of obsolete laws were undertaken in this direction. He said healthy competition among states would enhance the competitiveness of our industries on the global platform.

Prime Minister said this would benefit the states, the local population and the country at large and India would progress at a very rapid pace.

He said Industry also likes a clean and transparent system and governments. Unwanted laws and Government interventions, he said, aid in halting the progress of the industry.

He said it is due to changes like these, India today stands out as a Business Friendly Destination.

He said, today the vehicle of development in India is moving ahead with a new thinking and new approach, on four Wheels of – “Society, Government which is encouraging New India, an Industry which is daring, and Knowledge with a motive of sharing”.

Prime Minister said, that, between 2014 and 2019 India improved 79 places in Ease of Doing Business Rankings. He said “Every year we are improving in each parameter. Improvement in these rankings means that our Government is making decisions after a thorough understanding of the needs at the grass roots level for the industry.” 

“This is not just an improvement in rankings but a major revolution in the way of doing business in India. In today’s global scenario, India is standing strong as we did not allow our economic fundamentals to become weak”, he said.

He said Industry is now provided with a proper exit route through robust Insolvency & Bankruptcy code.

He said the Union Government has taken a major decision for the benefit of middle class where in the Government has decided to restart the stalled housing projects across the country so that 4.58 Lakh families can now get their houses in which they have invested.

He the central government has also slashed Corporate Tax to 15% for new domestic companies.

He requested Industry and Global representatives to view India as one of the most favourable destination for investment.

Prime Minister said that the decision to invest over Rs 100 Lakh Crores for infrastructure development would benefit the state of Himachal Pradesh too.

He appreciated state government of Himachal Pradesh for undertaking several landmark initiatives for creating an investor friendly environment.

In this context, he mentioned steps taken by the state government, such as single window clearance system, sector specific policies, transparent system of land allotment etc are making it an attractive destination for investment.

Prime Minister described Himachal as having an immense potential for conference tourism.

Prime Minister also visited the exhibition show casing the investment potential and opportunities of Himachal Pradesh.

Prime Minster also released a coffee table book in this context.

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Prime Minister congratulates Jammu and Kashmir team on their first-ever Ranji Trophy victory
February 28, 2026

The Prime Minister has congratulated the Jammu and Kashmir team for their first-ever Ranji Trophy win.

The Prime Minister stated that this historic triumph reflects the remarkable grit, discipline, and passion of the team. Highlighting that it is a proud moment for the people of Jammu and Kashmir, he noted that the victory underscores the growing sporting passion and talent in the region.

The Prime Minister expressed hope that this feat will inspire many young athletes to dream big and play more.

The Prime Minister shared on X post;

"Congratulations to the Jammu and Kashmir team for their first ever Ranji Trophy win! This historic triumph reflects remarkable grit, discipline and passion of the team. It is a proud moment for the people of Jammu and Kashmir and it highlights the growing sporting passion and talent there. May this feat inspire many young athletes to dream big and play more."