English Rendering of the India-ASEAN Summit Opening Statement by the PM

Published By : Admin | November 12, 2014 | 14:01 IST

I am very pleased to have the privilege to participate in the India-ASEAN Summit.

I am particularly honoured that I got this opportunity in Myanmar. Myanmar is our great neighbor, with which we have had historically very close relations. Further, India`s Eastern journey begins on the Western boundary of Myanmar.

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Excellency, I am grateful to you for your warm welcome and hospitality; congratulate you on the excellent arrangements; and wish you great success in hosting the ASEAN and East Asia Summits.

My government has been in office for six months and the intensity and momentum with which we have enhanced our engagement in the East, is a reflection of the priority that we give to this region.

4-684 We have close bilateral relations with each of you and we treat the relations with ASEAN with the same importance.

Today ASEAN has established its own identity and voice in global political and economic affairs.

Today, the entire Asia-Pacific region desires integration and cooperation

To achieve this extremely important goal we look at ASEAN, not only for inspiration but also for its leadership; and you have achieved a great deal of success in leading us in that direction.

The ASEAN community is India`s neighbour. We have ancient relations of trade, religion, culture, art and traditions. We have enriched each other through our interaction.

This constitutes a strong foundation of a modern relationship.

That is why our world view is similar in many respects; our mutual confidence and trust is strong. We have no irritants in our relationship. We see encouraging opportunities and challenges in the world in similar ways.

ASEAN and India have the vigour and enthusiasm of its youth and wisdom and understanding of its ancient civilisations.

Rapidly developing India and ASEAN can be great partners for each other. We are both keen to enhance our cooperation in advancing balance, peace and stability in the region.

We have been successful to a considerable extent in pursuing our dreams. We have laid a foundation for a strong and comprehensive strategic partnership.

But, our potential is much higher than where we are at the moment.

A new era of economic development, industrialization and trade has begun in India. Externally, India`s `Look East Policy` has become `Act East Policy`.

We greatly respect the enthusiasm with which you have extended the hand of friendship to India. Today the world and the region need a strong India-ASEAN partnership;

That is why we believe that we are entering in a new era in the India-ASEAN partnership.

I look forward keenly to hear your views.

But before I end, I want to thank His Majesty Sultan Hassan-al Bolkiah of Brunei for injecting so much energy in India-ASEAN relationship as country-coordinator. I am also confident that Vietnam, as the next country-coordinator, will take our relationship to an even higher plane.

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Cabinet approves 700 MW Tato-II Hydro Electric Project in Arunachal Pradesh worth Rs.8146.21 crore
August 12, 2025

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi today has approved investment of Rs.8146.21 crore for construction of Tato-II Hydro Electric Project (HEP) in Shi Yomi District of Arunachal Pradesh. The estimated completion period for the project is 72 months.

The project with an installed capacity of 700 MW (4 x 175 MW) would produce 2738.06 MU of energy. The Power generated from the Project will help improve the power supply position in the state of Arunachal Pradesh and will also help in balancing of the national Grid.

The Project will be implemented through a Joint Venture Co. between North Eastern Electric Power Corporation Ltd. (NEEPCO) and the Government of Arunachal Pradesh. Govt. of India shall extend Rs.458.79 crore as budgetary support for construction of roads, bridges and associated transmission line under enabling infrastructure besides Central Financial Assistance of Rs.436.13 crore towards equity share of the State.

The state would be benefitted from 12% free power and another 1% towards Local Area Development Fund (LADF) besides significant infrastructure improvement and socio-economic development of the region.

The Project is in line with the aims and objectives of Aatmanirbhar Bharat Abhiyan, would provide various benefits to local suppliers/enterprises/MSMEs including direct and indirect employment opportunities.

There will be significant improvement in infrastructure, including the development of around 32.88 kilometres of roads and bridges, for the project which shall be mostly available for local use. The district will also benefit from the construction of essential infrastructure such as hospitals, schools, marketplaces, playgrounds, etc. to be financed from dedicated project funds of Rs.20 crore. Local populace shall also be benefitted from many sorts of compensations, employment and CSR activities.