PM Modi's remarks at World Economic Forum, Davos 2022

Published By : Admin | January 17, 2022 | 20:30 IST
“During Corona time, India saved many lives by supplying essential medicines and vaccines while following its vision of ‘One Earth, One Health’”
“India is committed to become world’s reliable partner in global supply-chains”
“This is the best time to invest in India”
“Not only India is focussing on easing the processes in its quest for self-reliance, it is also incentivizing investment and production”
“India is making policies keeping in mind the goals of next 25 years. In this time period, the country has kept the goals of high growth and saturation of welfare and wellness. This period of growth will be green, clean, sustainable as well as reliable”
“‘Throw away’ culture and consumerism has deepened the climate challenge. It is imperative to rapidly move from today’s ‘take-make-use-dispose’ economy to a circular economy”
“Turning L.I.F.E. into a mass movement can be a strong foundation for P-3 i.e ‘Pro Planet People”
“It is imperative that every democratic nation should push for reforms of the multilateral bodies so that they can come up to the task dealing with the challenges of the present and the future”

The Prime Minister, Shri Narendra Modi delivered ‘State of the World’ special address at the World Economic Forum’s Davos Agenda today via video conferencing.

The Prime Minister said that India is tackling another wave of the pandemic with caution and confidence and moving ahead in the economic sphere with many hopeful results. He said that India as a strong democracy, has given a bouquet of hope to the mankind which comprises of Indian’s unwavering faith in democracy, technology that is empowering 21st century and talent and temperament of Indians. The Prime Minister said that during Corona time, India saved many lives by exporting essential medicines and vaccines by following its vision of ‘One Earth, One Health’. India is world’s third largest pharmaceutical producer and is considered ‘pharmacy to the world’, he added.

The Prime Minister said that today, India is providing record number of software engineers. More than 50 lakh software developers are working in India. He informed that India has third largest number of unicorns today. More than 10 thousand start-ups have registered during the last six months. He also talked about the India’s huge, safe and successful digital payments platform and informed that in the last month itself more than 4.4 billion transections took place through Unified Payments Interface. The Prime Minister talked about the measures of enhancing Ease of Doing Business and reduction of the government interference. He mentioned simplification of corporate tax rates and making them the most competitive in the world. India has deregulated areas like Drones, Space, Geo-spatial mapping and has brought reforms in the outdated telecom regulation related with the IT and BPO sectors. “We did away with more than 25 thousand compliances in the year gone by”, he added.

Indicating India’s growing attractiveness as a partner, the Prime Minister said that India is committed to become world’s reliable partner in global supply-chains and is making way for free trade agreements with many countries. India’s capabilities in innovation, technology adaptation and entrepreneurship spirit makes India an ideal global partner. “This why, this is the best time to invest in India”, he said. He mentioned Indian Youth achieving new height of entrepreneurship. He said that as compared to mere 100 start-ups in 2014, India has more than 60 thousand start-ups today. Out of which 80 are unicorns and more than 40 unicorns emerged in 2021 itself.

Underlining India’s confident approach, the Prime Minister highlighted that when the world was focussing on interventions like quantitative easing during the Corona period, India was strengthening the reforms. He listed strides in physical and digital infrastructure like optical fibre in 6 lakh villages, 1.3 trillion dollars investment in connectivity related infrastructure, goal of generation of 80 billion dollars through asset monetization and Gatishakti National Master Plan to bring all the stakeholder on the single platform to infuse new dynamism to the seamless connectivity of goods, people and services. Shri Modi told the forum that not only India is focussing on easing the processes in its quest for self-reliance, it is also incentivizing investment and production. Most clear manifestation of that is 26 billion dollar worth of Production Linked Incentive schemes in 14 sectors, he said. He stressed that India is making policies keeping in mind the goals of next 25 years. In this time period, the country has kept the goals of high growth and saturation of welfare and wellness. This period of growth will be green, clean, sustainable as well as reliable, the Prime Minister emphasized.

The Prime Minister focused on the ecological cost of today’s life style and policies. He pointed towards the challenges that our life-style causes for climate. “‘Throw away’ culture and consumerism has deepened the climate challenge. It is imperative to rapidly move from today’s ‘take-make-use-dispose’ economy to a circular economy”, he stressed. Referring to the Mission LIFE, that he gave at the CoP26 conference, the Prime Minister said that making LIFE into a mass movement can be a strong foundation for P-3 i.e ‘Pro Planet People’. LIFE i.e. ‘Lifestyle for Environment’, is a vision of resilient and sustainable lifestyle that will come handy in dealing with the climate crisis and other unpredictable challenges of the future. Shri Modi also told the forum about India’s impressive record in achieving the climate target well in advance of the target dates.

The Prime Minister emphasized the need to adopt as per the changing realities of the world order. He said that the global family is facing fresh challenges in the changing world order and called for collective and synchronized action from every country and global agency. He cited supply chain disruptions, inflation and climate change as key examples. He also gave example of cryptocurrency where related technologies and their challenges do not lend themselves to the decisions of any single country. He called to be on one page on this. He asked whether the multilateral organizations are in a position to tackle the challenges of the world order in a changed scenario, as the world has changed from the time when these organization came into being. “That is why it is imperative that every democratic nation should push for reforms of these bodies so that they can come up to the task dealing with the challenges of the present and the future”, he concluded.

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Our collective goal is a developed Tamil Nadu for developed India: PM Modi in Madurai
March 01, 2026
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Shri R. N. Ravi, L. Murugan, Edappadi K. Palaniswami, Nainar Nagendran, E. V. Velu, and my dear brothers and sisters of Tamil Nadu, Vanakkam!

I feel honoured to be in the sacred and historic city of Madurai. I bow to Meenakshi Amman and Bhagwan Sundareswarar. Today’s event marks a proud chapter in Tamil Nadu’s development journey. We have laid foundation stones, inaugurated and dedicated to the nation, projects worth over Four Thousand Four Hundred Crore Rupees. These projects will transform connectivity, boost the economy, create jobs and transform lakhs of people’s lives. Better roads for farmers to reach markets. Easier travel for pilgrims and tourists. Faster transport for businesses. Building high-quality infrastructure is about empowering people.

Friends,

Over the past twelve years, the Government of India has made huge investments in Tamil Nadu’s highway network. Over Four Thousand Kilometres of highways have been built here since 2014. Today, I am happy to lay the foundation stone for two major national highway projects. First, the four-laning of the Marakkanam–Puducherry section, with an investment of over Two Thousand One Hundred Crore Rupees. This will strengthen coastal tourism, trade and economy in both Tamil Nadu and Puducherry. Second, the four-laning of the Paramakudi–Ramanathapuram stretch. In this project, we are investing over One Thousand Eight Hundred Crore Rupees. It will significantly enhance access to places like Rameswaram and Dhanushkodi. This ensures ease of travel for pilgrims and smoother movement of agricultural produce and marine products.

Friends,

Over the last decade, Indian Railways has undergone a historic transformation. It is emerging as a modern, efficient and people-centric transport system. This transformation is particularly visible in Tamil Nadu. The railway budget allocation for Tamil Nadu has increased nearly nine-fold since our government came in. During 2009 to 2014, the average yearly railway allocation was Eight Hundred and Eighty Crore Rupees. In 2026–27, the allocation has increased to Seven Thousand Six Hundred Crore Rupees.

In Tamil Nadu, more than One Thousand Three Hundred Kilometres of new tracks have been laid. 97% electrification has been achieved. Hundreds of flyovers and underpasses have improved safety and efficiency. Last year, I had the privilege of inaugurating the new Pamban Bridge in Tamil Nadu. It is India’s first vertical lift sea bridge, a symbol of engineering excellence. This bridge in itself has become a major tourist attraction in Tamil Nadu.

Friends,

Right now, 9 Vande Bharat trains and 9 Amrit Bharat trains are benefitting the people of Tamil Nadu. The coaches of such high-speed trains are being manufactured at the Integral Coach Factory in Chennai. It is a matter of pride that our vision of ‘Make in India’ is boosting self-reliance and creating jobs for our youth. Under the Amrit Bharat Station Scheme, Seventy-Seven railway stations are being modernised. These stations blend comfort, accessibility and local identity. Today, we are inaugurating Eight redeveloped stations across Tamil Nadu. The dedication of the Chennai Beach–Chennai Egmore fourth line will benefit thousands of daily commuters in Chennai. I am also pleased to inaugurate Akashvani’s new FM relay transmitters in Kumbakonam, Yercaud and Vellore. These radio stations will be dedicated to your service from today.

Friends,

Infrastructure funding to Tamil Nadu has now tripled, compared to the previous decade. And the Budget of 2026 continues the trend with a strong focus on Tamil Nadu. In this budget, we have proposed Bengaluru–Chennai and Chennai–Hyderabad bullet train corridors. They will revolutionise the economy of this whole region. The budget positions Tamil Nadu as part of the Rare Earth Corridors. Rare Earth Corridors will promote advanced manufacturing, research and technology development.

Friends,

Tamil Nadu has a rich history and heritage. Historic sites such as Adichanallur will be developed into global heritage destinations. Ecotourism initiatives around Lake Pulicat and Podhigai Malai will create new job opportunities while preserving natural ecosystems. Across the nation, around Two Hundred industrial clusters will be identified and supported, to boost manufacturing. We all know that Tamil Nadu is home to many industries and therefore, this scheme will benefit the youth here.

Friends,

Every Indian is inspired to build a developed nation by 2047. Tamil Nadu will play a decisive role in shaping the nation’s destiny. Our collective goal is a developed Tamil Nadu for developed India. The Centre remains fully committed to enabling inclusive development and the state’s progress.

Nandri!