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Prime Minister Modi inaugurates Annual Conference of Tax Administrators
There should be respect for the rule of law among all citizens, and even fear of the long arm of the law for those who evade taxes: PM
India is today at a unique stage in its history, and the high aspirations of its people need to be nurtured by the Government: PM
PM Modi outlines ‘RAPID’ charter for tax administrators –Revenue, Accountability, Probity, Information and Digitization

The Prime Minister, Shri Narendra Modi, today addressed tax administrators at the Rajasva Gyan Sangam. This is the first time that the two revenue boards – the Central Board of Direct Taxes (CBDT), and the Central Board of Excise and Customs (CBEC), are holding a simultaneous conference.

The Prime Minister began by inviting suggestions from officers. Some of the officers present, expressed their views on diverse subjects such as digitization, voluntary tax compliance, facilitation for taxpayers, increasing the tax base, upgradation of digital and physical infrastructure for tax administrators etc.

He encouraged the officers for a free and frank exchange of ideas during the Rajasva Gyan Sangam. He stressed that while there should be respect for the rule of law among all citizens, and even fear of the long arm of the law for those who evade taxes, people should not fear tax administrators. 

He said that India is today at a unique stage in its history, and the high aspirations of its people need to be nurtured by the Government, so that they translate into the nation’s development.

He stressed on the need for tax administrators to engender trust in the system. Citing the example of the “Give it up” initiative for voluntarily giving up gas subsidy, he said that the tax base too could be increased significantly, provided the tax administrators can demonstrate the leadership to bring about a change. 

The Prime Minister outlined a five-point charter for tax administrators – RAPID: R for Revenue, A for Accountability, P for Probity, I for Information and D for Digitization. He urged the officers to turn the Gyan Sangam into a Karma Sangam, so that the ideas generated from this conference lead to concrete action on the ground.

The Minister for Finance Shri Arun Jaitley, the Minister of State for Finance Shri Jayant Sinha, the Principal Secretary to the Prime Minister Shri Nripendra Misra, the Revenue Secretary Shri Hasmukh Adhia, and the Chairmen of CBDT and CBEC were present on the occasion.

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PM interacts with CEOs and Experts of Global Oil and Gas Sector
October 20, 2021
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Our goal is to make India Aatmanirbhar in the oil & gas sector: PM
PM invites CEOs to partner with India in exploration and development of the oil & gas sector in India
Industry leaders praise steps taken by the government towards improving energy access, energy affordability and energy security

Prime Minister Shri Narendra Modi interacted with the CEOs and Experts of the global oil and gas sector earlier today, via video conferencing.

Prime Minister discussed in detail the reforms undertaken in the oil and gas sector in the last seven years, including the ones in exploration and licensing policy, gas marketing, policies on coal bed methane, coal gasification, and the recent reform in Indian Gas Exchange, adding that such reforms will continue with the goal to make India ‘Aatmanirbhar in the oil & gas sector’.

Talking about the oil sector, he said that the focus has shifted from ‘revenue’ to ‘production’ maximization. He also spoke about the need to enhance  storage facilities for crude oil.  He further talked about the rapidly growing natural gas demand in the country. He talked about the current and potential gas infrastructure development including pipelines, city gas distribution and LNG regasification terminals.

Prime Minister recounted that since 2016, the suggestions provided in these meetings have been immensely useful in understanding the challenges faced by the oil and gas sector. He said that India is a land of openness, optimism and opportunities and is brimming with new ideas, perspectives and innovation. He invited the CEOs and experts to partner with India in exploration and development of the oil and gas sector in India. 

The interaction was attended by industry leaders from across the world, including Dr. Igor Sechin, Chairman & CEO, Rosneft; Mr. Amin Nasser, President & CEO, Saudi Aramco; Mr. Bernard Looney, CEO, British Petroleum; Dr. Daniel Yergin, Vice Chairman, IHS Markit; Mr. Olivier Le Peuch, CEO, Schlumberger Limited; Mr. Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited; Mr Anil Agarwal, Chairman, Vedanta Limited, among others.

They praised several recent achievements of the government towards improving energy access, energy affordability and energy security. They appreciated the leadership of the Prime Minister towards the transition to cleaner energy in India, through visionary and ambitious goals. They said that India is adapting fast to newer forms of clean energy technology, and can play a significant role in shaping global energy supply chains. They talked about ensuring sustainable and equitable energy transition, and also gave their inputs and suggestions about further promotion of clean growth and sustainability.