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PM Narendra Modi attends BRICS & SCO Summits in Ufa, Russia

Published By : Admin | July 10, 2015 | 18:19 IST
PM Modi visits Russia, attends BRICS & SCO Summits
PM Modi stresses on the need for stronger economic integration among BRICS Nations
PM proposes for a BRICS Agriculture Research Centre to be set up
India becomes a permanent member of the Shanghai Cooperation Organisation
Shri Modi holds meetings with various leaders on the sidelines of BRICS & SCO Summits

Starting 8th of July, Prime Minister Narendra Modi paid a visit to Russia to participate in the 7th BRICS Summit and SCO Summit in Ufa. In a post on facebook, Prime Minister Modi said, “The Summit last year was productive and I am sure we will build on the ground covered during the last Summit. I expect positive outcomes in economic cooperation and cultural ties among the BRICS nations.”

Adding further, the Prime Minister stated, “India attaches high importance to BRICS. It is a great forum that can contribute effectively to mitigate global challenges. BRICS also has a very crucial role to play in further world peace and security and ensuring we leave behind a better planet for our future generations.”

I will join the 7th BRICS Summit & SCO Summit in Ufa, Russia. In the past one year I have had the opportunity to meet...

Posted by Narendra Modi on Saturday, July 4, 2015

At the BRICS Summit, addressing the BRICS Business Council, PM Narendra Modi stressed on the need for a stronger economic integration among the BRICS Nations. Prime Minister Modi held wide-ranging talks with other BRICS leaders and discussed upon ways to enhance cooperation and mitigate global challenges.

The #BRICS family. Our discussions have been wide-ranging & very comprehensive.

Posted by Narendra Modi on Thursday, July 9, 2015

Speaking at the Plenary Session of the BRICS Summit, Prime Minister Modi complemented BRICS Nations for their active support and participation during International Day of Yoga on 21st June. He stressed on combating terrorism collectively. Talking about climate change, Shri Modi said that it was one of the foremost global challenges. He called for focussing on renewable energy. PM also proposed for a BRICS Agriculture Research Centre to be set up.

Adding further, Shri Modi noted BRICS to be an important pillar of hope in the World filled with political security and economic challenges. He said that BRICS not only stood for the Nations it represented but for welfare of the entire World. Prime Minister also expressed that the Economic Cooperation Strategy being adopted was a milestone step as it included a number of social initiatives in BRICS evolution.

Heard the insightful views of President Putin, President Xi Jinping, President Zuma & President Dilma Rousseff at #BRICS...

Posted by Narendra Modi on Thursday, July 9, 2015

Eurasian leaders were also present at the meeting between BRICS and SCO leaders. Prime Minister Modi said that Eurasia was filled with great energy and dynamism. He said the Eurasian region had the potential to become a leading economic corridor and trade route of the world. PM Modi also complemented South African President Jacob Zuma for starting the 'Regional Outreach' at BRICS.

Key agreements and MoUs were also signed.

It was for the first time in history that an Indian Prime Minister attended the SCO Heads of State Council Plenary Session in preparation for joining as member state. Speaking at the occasion, Prime Minister Modi expressed his part of content for acknowledging India as a permanent member of the Shanghai Cooperation Organisation. Prime Minister Narendra Modi assured India’s full cooperation to the SCO. He said that India, in the times to come, would deepen its engagement in human resource development, information communication and technology, pharmaceuticals and health, banking and capital markets, MSMEs, and food sectors.

PM Narendra Modi’s meetings on the sidelines of BRICS and SCO Summits:

Prime Minister Narendra Modi held extensive meetings with other BRICS leaders. Shri Modi met with President of Russia, Vladimir Putin, Chinese President Xi Jinping, President of Brazil, Dilma Rousseff and South African President Jacob Zuma.

Talked India-Russia ties & global issues with President Putin. Our meeting was very fruitful.

Posted by Narendra Modi on Wednesday, July 8, 2015

Great meeting President Xi Jinping again. Our talks were comprehensive & a lot of topics came up for discussion.非常高兴再次与习近平主席会见。我们进行了全面的讨论，讨论了很多议题。

Posted by Narendra Modi on Wednesday, July 8, 2015

Had a great meeting with President Dilma Rousseff. We are very optimistic about the potential of strong India-Brazil ties.

Posted by Narendra Modi on Thursday, July 9, 2015

President Zuma & I had a wonderful meeting. Discussions were centred around strengthening India-South Africa ties.

Posted by Narendra Modi on Thursday, July 9, 2015

Shri Narendra Modi also held talks with President of Iran, Hassan Rouhani, PM of Pakistan Nawaz Sharif and President of Afghanistan Ashraf Ghani.

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Rs. 10,000 crore corpus to support deep tech, tech-driven innovative manufacturing startups, and early-growth stage startups

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Launched under the Startup India initiative, Startup India FoF 2.0 builds on nearly a decade of sustained efforts to make India one of the world’s leading startup nations. Since the launch of Startup India in 2016, India’s startup ecosystem has witnessed an extraordinary transformation growing from fewer than 500 startups to over 2 lakh Department for Promotion of Industry and Internal Trade (DPIIT)-recognised startups today, with 2025 marking the highest ever annual startup registrations.

Building on Fund of Funds for Startups 1.0

The Startup India FoF 2.0 follows the strong performance of the Fund of Funds for Startups (FFS 1.0), which was launched in 2016 to address funding gaps and catalyse the domestic venture capital market for startups.

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While the first phase built the ecosystem, Startup India FoF 2.0 is designed to take Indian innovation to the next level. The new fund will have a targeted, segmented funding approach to support:

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Startup India Fund of Funds 2.0 is expected to play a critical role in advancing India’s innovation-led growth agenda. By supporting startups that build globally competitive technologies, products, and solutions, the Fund will contribute to strengthening India’s economic resilience, boosting manufacturing capabilities, generating high-quality jobs, and positioning India as a global innovation hub.

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