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The Prime Minister, Shri Narendra Modi, today released a commemorative coin to mark the birth centenary of Swami Chinmayananda.



Speaking on the occasion, the Prime Minister recalled the pioneering work of Swami Chinmayananda in the field of education and social reform. He described Swami Chinmayananda as a visionary, who saw the need to inculcate India's great culture and spiritual traditions, through the English medium, among an "elite" class of people, who had moved away from this heritage.



Speaking about Swami Chinmayananda, the Prime Minister said that when Swami ji talked about the Geeta, he was a Gyan-Margi (one who follows the path of knowledge), and when he worked in his schools and hospitals, he was a Karm-Margi (one who follows the path of work). He said, that in this sense, Swami Chinmayananda's life is an inspiration for others.

The Prime Minister recalled his meetings with Swami Chinmayananda, and said it was a matter of great pride that a commemorative coin was being issued to mark his centenary.



Union Minister for Finance Shri Arun Jaitley, Union MoS for Finance Shri Jayant Sinha, Global Head of Chinmaya Mission Swami Tejomayananda, and National Director of Chinmaya Yuva Kendra Swami Mitrananda, were present on the occasion.

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The Prime Minister Shri Narendra Modi interacted with participants of Toycathon-2021 today via video conferencing. Union Ministers Shri Piyush Goyal and Shri Sanjay Dhotre were present on the occasion.  

Speaking on the occasion, the Prime Minister said that in the last 5-6 years, youth of the nation has been connected with the key challenges of the country through the platform of Hackathons. Thinking behind this is to organize the capabilities of the country and to give them a medium, he said.

Apart from the importance of toys as the first friend of the children, the Prime Minister also emphasized the economic aspects of toys and gaming, he called it ‘Toyconomy’. The Prime Minister said that global toy market is about 100 billion dollars and India haveonly 1.5 per cent of this market. India imports almost 80 per cent of its toys. This means that crores of rupees are being drained out of the country.

This needs to change, said the Prime Minister. Shri Modi underlined that, beyond numbers, this sector has the capacity to bring progress and growth to the neediest segments of society. Toy industry has its ownsmall-scale industry, artisans comprising of rural population, dalits, poor people and tribal population. The Prime Minister singled out the contribution of women in the sector. In order to take the benefits to these segments, we need be vocal for local toys.

The PM called for new models of innovation and financing to make Indian toys competitive at the global level. There is a need for new ideas to be incubated, new start-ups promoted, taking new technology to traditional toy makers and creating new market demand. This is the inspiration behind events like Toyacathon, the Prime Minister said.