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" “Black Money is not merely only about currency but rather the outcome of a black mind”: Shri Modi"
"“We have increased revenue in Gujarat and brought accountability by stopping leakages”: Shri Modi"

On the evening of 29th June 2013, Shri Narendra Modi addressed the National Convention of Chartered Accountant Students in Ahmedabad.

He began his address by emphasizing the importance of the profession of a Chartered Accountant and stated , “It is well known that a doctor treats the diseases but few people know that a CA looks after the health of the society”. Additionally he upheld the fact that the issue of black money in the country can be effectively resolved by a Chartered Accountant.  He said, “Black Money is not merely only about currency but rather the outcome of a black mind”

Shri Modi reminded the young students that the responsibility of a CA is not only  to count numbers but it is to take care of the country’s economy.  He said, “You will be responsible for extraordinary work, the common man's financial decisions depend on your audit reports”. Furthermore, he added that one mistake in the audit conducted by a Chartered Accountant directly has an impact on the poor first and later on the concerned company. He draws attention to the aspect that it is the signature of a Chartered Account which provides financial security to an investor.

Shri Modi spelled out that the life of a youth must always be driven by a mission. He elaborated,  “Do not dream to become someone but dream of doing something!”  He also said , “When you are going in the right direction, your goal automatically comes near you”

Taking a dig at sections of the mainstream media, Shri Modi stated, “I never thought that my silence would also become news and silence sells! ” He also condemned the source of financing for five-star activist NGOs and sought for effective audits to keep a check on their credibility and make them more accountable.

Highlighting the soundness of Gujarat’s public expenditure, Shri Modi said, “Before me there was an expense of 55,000 crore in 9 five year plans. In the 10th plan after I came, it was 1,75,000 crore.  We have not levied any additional taxes, we have merely stopped the leakages”.  He added that in contrast to Gujarat where nearly 35% of the expenditure is of the non- developmental kind, the Central Government’s expenditure towards non-developmental activities is approximately 70%.

Shri Modi appealed the youngsters to connect to him on social media and invited student to share their views through the Citizen Journalism section of his website.

The function concluded as Shri Modi unveiled a publication of the board of studies of ICAI.

இந்தியாவின் ஒலிம்பிக் வீரர்களை ஊக்குவிக்கவும்!  #Cheers4India
Modi Govt's #7YearsOfSeva
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’பரவாயில்லை இருக்கட்டும்’ என்ற மனப்பான்மையை விட்டு விட்டு “ மாற்றம் கொண்டு வரலாம்” என்று சிந்திக்கும் நேரம் இப்போது வந்து விட்டது : பிரதமர் மோடி

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’பரவாயில்லை இருக்கட்டும்’ என்ற மனப்பான்மையை விட்டு விட்டு “ மாற்றம் கொண்டு வரலாம்” என்று சிந்திக்கும் நேரம் இப்போது வந்து விட்டது : பிரதமர் மோடி
India's crude steel output up 21.4% at 9.4 MT in June: Worldsteel

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India's crude steel output up 21.4% at 9.4 MT in June: Worldsteel
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PM launches digital payment solution e-RUPI
August 02, 2021
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e-RUPI voucher is going to play a major role in strengthening the DBT scheme: PM Modi
e-RUPI will help in assuring targeted, transparent and leakage-free delivery for all: PM Modi
e-RUPI is a person as well as a purpose-specific payment platform: PM Modi

Prime Minister Shri Narendra Modi launched digital payment solution e-RUPI, a person and purpose specific digital payment solution, today via video conference. e-RUPI is a cashless and contactless instrument for digital payment.

Addressing the event, the Prime Minister said that the eRUPI voucher is going to play a huge role in making DBT more effective in digital transactions in the country and  will give a new dimension to digital governance. This will help everyone in targeted, transparent and leakage free delivery. He said e-RUPI is a symbol of how India is progressing by connecting people’s lives with technology. He also expressed happiness that this futuristic reform initiative has come at a time when the country is celebrating the Amrit Mahotsav on the  75th anniversary of independence.

He said in addition to the government, if any organization wants to help someone in their treatment, education or for any other work, then they will be able to give an eRUPI voucher instead of cash. This will ensure that the money given by him is used for the work for which the amount was given.

 

The Prime Minister said eRUPI is person as well as purpose specific. eRUPI will ensure that the money is being used for the purpose for which any help or any benefit is being provided.

The Prime Minister recalled that there was a time when technology was considered a domain of the rich people and there was no scope for technology in a poor country like India. He remembered when this government took technology as a mission, it was questioned by the political leaders and certain types of experts.  He added that today the country has also denied the thinking of those people, and has proved them wrong. Today the thinking of the country is different, it is new. Today we are seeing technology as a tool to help the poor, a tool for their progress.

The Prime Minister noted how technology is bringing in transparency and integrity in transections and creating new opportunities and making them available to the poor. He mentioned that for reaching today’s unique product, foundation was prepared over the years by creating the JAM system which connected mobile and Aadhaar. Benefits of JAM took some time to be visible to people and we saw how we could help the needy during the lockdown period while other countries were struggling to help their people, said the Prime Minister. He noted that in India, more than seventeen and half lakh crore rupees have been transferred directly to the accounts of the people via Direct Benefit Transfer. More than three hundred schemes are using DBT. 90 crore Indian are being benefited in some way or the other through in areas like LPG, ration, medical treatment, scholarship, pension or wage disbursal. 1 lakh 35 thousand crore rupees have directly been transferred to farmers under PM Kisan Samman Nidhi, 85 thousand crore rupees for government purchase of wheat were also disbursed in this manner. “The biggest benefit of this all is that 1 lakh 78 thousand crore rupees were prevented from going to the wrong hands, '' he added.

The Prime Minister noted that development of digital transactions in India has empowered the poor and deprived, small businesses, farmers and tribal population.  This can be felt in the record of 300 crore UPI transactions in the month of July amounting to  6 lakh crore rupees.

The Prime Minister said India is proving to the world that we are second to none in adopting technology and adapting to it. When it comes to innovations, use of technology in service delivery, he said that India has the ability to give global leadership alongside major countries of the world.

The Prime Minister said that the PM Svanidhi Yojana has helped more than 23 lakh street vendors in small towns and large cities of the country. During this pandemic period, about Rs 2300 crore has been disbursed to them.

The Prime Minister said the world is recognizing the impact of the work done in the last 6-7 years for digital infrastructure and digital transactions in the country. Especially in India, a huge base of fintech has been created which is not present even in developed countries, he added.