Mera Saansad
Search Search
English language

Prime Minister Shri Narendra Modi’s Closing Remarks at the Concluding Leaders’ Session of the Voice of Global South Summit

Published By : Admin | January 13, 2023 | 18:37 IST

Thank you for your inspiring words! This has truly been a useful exchange of views and ideas. It reflected the common aspirations of Global South.

It is clear that on several important issues facing the world, developing countries have similar perspectives.

This was seen not just in tonight’s discussions, but also over the past two days of this ‘Voice of the Global South Summit’.

Let me try to summarise some of these ideas, which are important for all countries in Global South.

We all agree on the importance of South-South Cooperation, and collectively shaping the global agenda.

In the field of health, we share an emphasis on promoting traditional medicine, developing regional hubs for healthcare, and improving mobility of health professionals. We are also conscious of the potential of quickly deploying digital health solutions.

In the area of education, we can all benefit from sharing our best practices in vocational training, and in the use of technology to provide distance education, especially in remote areas.

In the area of banking and finance, deployment of digital public goods, can increase financial inclusion in developing countries at great scale and speed. India’s own experience has shown this.

We all agree on the importance of investing in connectivity infrastructure. We also need to diversify global supply chains, and find ways to link developing countries to these value chains.

Developing countries are united in believing that the developed world has not fulfilled their obligations on Climate Finance and Technology.

We also agree that apart from controlling emissions in production, it is equally important to move away from ‘use and throw’ consumption, towards more environment friendly sustainable lifestyles.

This is the central philosophy behind India’s ‘Lifestyle for Environment’ or LiFE initiative – which focuses on mindful consumption and circular economy.

Excellencies,

All these ideas, shared by the wider Global South, will provide inspiration to India as it tries to shape the agenda of the G20, as well as in our own development partnerships with all of your nations.

Once again, I would like to thank you for your gracious presence in today’s concluding Session of the Voice of Global South Summit.

Thank you. Dhanyavaad.

Login or Register to add your comment
Explore More
Today, the entire country and entire world is filled with the spirit of Bhagwan Shri Ram: PM Modi at Dhwajarohan Utsav in Ayodhya

Popular Speeches

Today, the entire country and entire world is filled with the spirit of Bhagwan Shri Ram: PM Modi at Dhwajarohan Utsav in Ayodhya
View All
India’s electronics exports up 11.62% to $5.09 billion in May

Media Coverage

India’s electronics exports up 11.62% to $5.09 billion in May
View All
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
Download App
...
PM to disburse incentives worth around ₹2,400 crore under PM-VBRY on 19 June
June 17, 2026
First-Time Employees to Receive Incentive of up to ₹15,000
To encourage sustained job creation, Employers eligible for Incentive of up to ₹3,000 per Month per Additional Employee
PM-VBRY is designed to facilitate Job Creation, Formalisation of Employment and Expansion of Social Security Coverage
Scheme has already Facilitated Employment for 15 Lakh Beneficiaries Across the Country

Prime Minister Shri Narendra Modi will disburse incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme to be held on 19 June 2026 at 5 PM at Vigyan Bhawan, New Delhi.

The disbursal marks a significant milestone in the implementation of PM-VBRY, the Government of India’s flagship employment-linked incentive scheme aimed at accelerating job creation, promoting formalisation of employment, enhancing employability, and expanding social security coverage across sectors. The scheme has already supported the creation of 15 lakh employment opportunities across the country.

PM-VBRY is designed to encourage both workers and employers to participate in the formal economy. Under the scheme, first-time employees are eligible for an incentive of up to ₹15,000, providing crucial support as they enter the workforce. Employers generating additional employment are eligible for incentives of up to ₹3,000 per month per additional employee, thereby encouraging sustained job creation. Recognising the strategic importance of manufacturing in driving economic growth, employers in the manufacturing sector are eligible to receive incentives for a period of four years, while employers in all other sectors can avail incentives for two years.

The scheme reflects the Government’s commitment to fostering an enabling ecosystem for employment-led growth and ensuring that the benefits of India’s economic progress translate into quality formal employment opportunities for its youth.

PM-VBRY came into effect on 1 August 2025. With a total outlay of ₹99,446 crore, the scheme aims to incentivise the creation of more than 3.5 crore jobs over a two-year period. Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the workforce. By supporting both employees and employers, the scheme is playing a transformative role in expanding formal employment, strengthening social security coverage, and advancing the vision of a Viksit Bharat.