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PM inaugurates 46th Indian Labour Conference

Published By : Admin | July 20, 2015 | 18:00 IST
Shri Narendra Modi inaugurates 46th Indian Labour Conference
PM Modi calls for developing a consciousness towards dignity of labour
The country cannot be happy, if the worker is unhappy: PM Modi
PM launches the National Career Service Portal, and ESIC 2.0

The Prime Minister, Shri Narendra Modi, today said it is essential for Indian society to develop a consciousness towards "dignity of labour." He was addressing the inaugural session of the Indian Labour Conference in New Delhi.



The Prime Minister said, in Indian culture, the worker is traditionally regarded as "Vishwakarma." The country cannot be happy, if the worker is unhappy, the Prime Minister added. Emphasizing that laws alone would not bring about the desired objective, the Prime Minister said it was the combined effort of the labour unions, the industrialists and the Government, which would lead to results which were in the interest of the nation's economy. The Prime Minister said successful examples of this kind are worth emulation. He said every effort would be made to modify laws through consensus. As part of the concept of "Minimum Government, Maximum Governance," the Prime Minister said obsolete and unnecessary laws were being weeded out.



The Prime Minister called for giving importance to innovation among the workers. He asked how many industrialists had encouraged innovative workers to become entrepreneurs. In this context he recalled the recognition that had been given to innovators in the Indian Army, on the previous Army Day. He said Labour Unions too should join in the effort to nurture innovation. The Prime Minister said there is a thin line that separates the good of the industry and the good of the industrialist. Similarly, he added, there is a thin line that separates the good of the worker and the good of the labour union; the good of the nation and the good of the government.



The Prime Minister said 4.67 crore workers now have a portable Provident Fund Account, through a Universal Account Number, which connects them to an online network. He also mentioned other welfare initiatives of the Government, such as raising minimum pension to Rs. 1000.

The function also marked the launch of the National Career Service Portal, and ESIC 2.0: reform initiatives of the ESIC.

Union Ministers Shri Arun Jaitley and Shri Bandaru Dattatreya were present on the occasion.

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PM chairs Semiconductor Executives’ Roundtable
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PM underscores that India has the capability to become a trusted partner in a diversified semiconductor supply chain
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CEOs appreciate the suitable environment for the industry in country saying centre of gravity of the semiconductor industry is starting to shift towards India
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CEOs mention that enormous opportunities present in India today were never seen earlier

Prime Minister Shri Narendra Modi chaired the Semiconductor Executives’ Roundtable at his residence at 7, Lok Kalyan Marg earlier today.

During the meeting, Prime Minister said that their ideas will not only shape their business but also India’s future. Mentioning that the coming time will be technology driven, Prime Minister said semiconductor is the basis of the Digital Age and the day is not far when the semiconductor industry will be the bedrock for even our basic necessities.

Prime Minister emphasised that democracy and technology together can ensure the welfare of humanity and India is moving ahead on this path recognizing its global responsibility in the semiconductor sector.

Prime Minister talked about the pillars of development which include developing social, digital and physical infrastructure, giving boost to inclusive development, reducing compliance burden and attracting investment in manufacturing and innovations. He underscored that India has the capability to become a trusted partner in a diversified semiconductor supply chain.

Prime Minister talked about India’s talent pool and the immense focus of the government on skilling to ensure that trained workforce is available for the industry. He said that India’s focus is to develop products which are globally competitive. He highlighted that India is a great market for investing in hi-tech infrastructure and said the excitement shared by the leaders of the semiconductor sector today will motivate the government to work harder for this sector.

Prime Minister assured the leaders that the Indian government will follow a predictable and stable policy regime. With the focus of Make In India and Make for the World, Prime Minister said that the government will continue to support the industry at every step.

The CEOs appreciated India’s commitment to the growth of the semiconductor sector and said that what has transpired today is unprecedented wherein leaders of the entire semiconductor sector have been brought under one roof. They talked about the immense growth and future scope of the semiconductor industry. They said the centre of gravity of the semiconductor industry is starting to shift towards India, adding that the country now has a suitable environment for the industry which has put India on the global map in the semiconductor sector. Expressing their belief that what is good for India will be good for the world, they said India has amazing potential to become a global power house in raw materials in the semiconductor sector.

Appreciating the business friendly environment in India, they said that in the world of complex geopolitical situation, India is stable. Mentioning their immense belief in India’s potential, they said there is unanimous consensus in the industry that India is the place to invest. They recalled the encouragement given by the Prime Minister in the past as well and said the enormous opportunities present in India today were never seen earlier and they are proud to partner with India.

The meeting was attended by CEOs, Heads and representatives of various organisations including SEMI, Micron, NXP, PSMC, IMEC, Renesas, TEPL, Tokyo Electron Ltd, Tower, Synopsys, Cadence, Rapidus, Jacobs, JSR, Infineon, Advantest, Teradyne, Applied Materials, Lam Research, Merck, CG Power and Kaynes Technology. Also present in the meeting were Professors from Stanford University, University of California San Diego and IIT Bhubaneswar.