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India has dispelled the myth that democracy & rapid economic growth cannot go together: PM Modi

Published By : Admin | March 12, 2016 | 09:26 IST
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PM Modi speaks at 'Advancing Asia' event
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21st century is and will be the Asian Century: PM Narendra Modi
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India has dispelled the myth that democracy & rapid economic growth cannot go together: PM
India has achieved major gains in macro economic stability: PM Modi
Corruption and interference in the decisions of banks and regulators are now behind us: PM
Entrepreneurship is booming, following a series of steps we have taken: PM

Prime Minister Narendra Modi today attended the ‘Advancing Asia: Investing for the future’ event in New Delhi. The event was organized by the International Monetary Fund. Speaking at the event the PM said that the 21st century belonged to Asia.

Shri Modi spoke at length as how India dispelled the myth that democracy and rapid economic growth could not go together. Adding further the PM stated that India had shown that a large, diverse country could be managed in a way that could promote economic growth and maintain social stability.

Prime Minister Modi highlighted several initiatives of the Government that were boosting entrepreneurship and strengthening the country. The PM also mentioned about increased investment in the agriculture sector and Government’s aim to double farmers’ income. He also noted that corruption and interference in the decisions of banks and regulators have been reduced in the country.

The Prime Minister also expressed his part of content on IMF’s decision to finalize the next round of quota changes by October 2017.  

Click here to read the full text speech

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PM to inaugurate ITU Area Office & Innovation Centre on 22nd March
March 21, 2023
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PM to unveil Bharat 6G Vision Document and launch 6G R&D Test Bed
These will enable an environment for innovation, capacity building and faster technology adoption in the country
PM to also launch ‘Call before u dig’ App
App signifies ‘Whole-of-government approach’ under PM Gati Shakti
It will save potential business loss and minimise discomfort to the citizens due to reduced disruption in essential services

Prime Minister Shri Narendra Modi will inaugurate the new International Telecommunication Union (ITU) Area office & Innovation Centre in India at a programme in Vigyan Bhawan on 22nd March, 2023 at 12:30 PM. During the programme, Prime Minister will unveil Bharat 6G Vision Document and launch 6G R&D Test Bed. He will also launch ‘Call before u dig’ App. Prime Minister will also address the gathering on the occasion.

ITU is the United Nations specialised agency for information and communication technologies (ICTs). Headquartered in Geneva, it has a network of field offices, regional Offices and area offices. India signed a Host Country Agreement in March 2022 with ITU for establishment of Area Office. The Area Office in India also envisaged to have an Innovation Centre embedded to it, making it unique among other area offices of ITU. The Area Office, which is fully funded by India, is located on the second floor of the Centre for Development of Telematics (C-DoT) building at Mehrauli New Delhi. It will serve India, Nepal, Bhutan, Bangladesh, Sri Lanka, Maldives, Afghanistan and Iran, enhancing coordination among nations and fostering mutually beneficial economic cooperation in the region.

Bharat 6G vision document is prepared by Technology Innovation Group on 6G (TIG-6G) that was constituted in November 2021 with members from various Ministries/Departments, research and development institutions, academia, standardisation bodies, Telecom Service Providers and industry to develop roadmap and action plans for 6G in India. 6G Test bed will provide academic institutions, industry, start-ups, MSMEs, industry etc, a platform to test and validate the evolving ICT technologies. The Bharat 6G Vision Document and 6G Test bed will provide an enabling environment for innovation, capacity building and faster technology adoption in the country.

Exemplifying the Prime Minister’s vision of integrated planning and coordinated implementation of infrastructure connectivity projects under PM Gati Shakti, the Call Before You Dig (CBuD) app is a tool envisaged for preventing damage to underlying assets like optical fibre cables, that occurs because of uncoordinated digging and excavation, leading to loss of about Rs 3000 crore every year to the country. The mobile app CBuD will connect excavators and asset owners through SMS/Email notification & click to call, so that there are planned excavations in the country while ensuring the safety of underground assets.

CBuD, which illustrates the adoption of ‘Whole-of-government approach’ in the governance of the country, will benefit all stakeholders by improving ease of doing business. It will save potential business loss and minimise discomfort to the citizens due to reduced disruption in essential services like road, telecom, water, gas and electricity.

The programme will witness participation of IT/Telecom Ministers of various Area Offices of ITU, Secretary General and other senior officials of ITU, Heads of United Nations/other international bodies in India, Ambassadors, Industry Leaders, Start-up and MSME, leaders Academia, students and other stakeholders.