“Port Blair’s new terminal building will increase Ease of Travel, Ease of Doing Business and connectivity”
“The scope of development has been limited to big cities for a long time in India”
“A new model of development of inclusion has come up in India. The model is of ‘Sabka Saath, Sabka Vikas’”
“Andaman is becoming a living and breathing example of the maha-mantra of development and heritage going hand in hand”
“Development of Andaman and Nicobar Islands has become a source of inspiration for the youth of the country”
“Development arrives with all kinds of solutions”
“There are many examples of islands and small coastal countries that have made unprecedented progress in the world today”

Namaskar!

Lieutenant Governor of Andaman and Nicobar Islands Shri DK Joshi ji , my cabinet colleagues Jyotiraditya Scindia ji, VK Singh ji, my Parliamentary colleagues, all other dignitaries, and my brothers and sisters from Andaman and Nicobar Islands !

Even though today's event is taking place in Port Blair, the eyes of the whole nation are pinned on this event. For a long time, there was a demand from the people of Andaman & Nicobar to increase the capacity of Veer Savarkar Airport. And our previous MP used to come to my chamber every week to work on this matter. So today he seems to be extremely delighted and I can see all my old friends on the screen. It would have been better if I could have joined you physically today and participated in this celebration. But I could not come due to lack of time, but I can see the joy on all your faces. I can feel the joyous atmosphere.

Friends,

And the people from all over the country who wanted to visit this place also had the same wish. So far the capacity of the existing terminal could handle 4000 tourists every day. After the construction of the new terminal, this airport has the capacity to handle about 11,000 tourists every day. Under the new system, now 10 aircrafts will be able to be parked simultaneously at the airport. That means the path has been opened for new flights here. More flights and more tourists coming here directly means more and more employment opportunities. In this new terminal building of Port Blair, Ease of Travel will be enhanced, Ease of Doing Business will increase and connectivity will also get better. I congratulate the people of the country and all the friends from Port Blair for this facility

 

Friends,

For a long time, the scope of development in India was limited to a few major cities or a few regions. Due to the selfish politics of some parties, the benefits of development did not reach the far-flung areas of the country. These parties used to give priority only to those projects that benefitted them personally and their families. As a result, our tribal areas and the islands remained deprived of development and were yearning for development.

In the last 9 years, we have rectified those mistakes of the previous governments with full sensitivity. Moreover, we have also developed new systems. Now a new model of development has developed in India. This model is of inclusion, taking everyone along. This model is called 'Sabka Sath Sabka Vikas'. And when I say 'Sabka Vikas' or development of all – its meaning is very broad. 'Sabka Vikas' means development of every person, every class, every area. Sabka Vikas means- development of every aspect of life, education, health, connectivity, so development of all in every way.

Friends,

With this thinking, a new saga of development has been written in Andaman & Nicobar in the last 9 years. In the 9 years of the previous government, that is, the government that was before us, a budget of about Rs 23 thousand crore was allotted to Andaman-Nicobar. Whereas during our government's regime, a budget of about Rs 48 thousand crore has been allocated for the development of Andaman-Nicobar in 9 years. That is, our government has spent twice as much money as before for the development of Andaman-Nicobar.

In the 9 years of the previous government, 28 thousand houses in Andaman-Nicobar were connected with water supply. In the 9 years of our government's regime, water connections have been provided to about 50 thousand houses here. That is, to provide water connections to every household, our government has worked twice as fast as before.

Today almost every person here has their own bank accounts. Today, every poor here has got the facility of 'One Nation, One Ration Card'. There was not even a single medical college in Andaman-Nicobar during the previous government's regime. It is our government which has established a medical college in Port Blair.

During the previous government's regime, the internet in Andaman-Nicobar was dependent on satellites only. Our government has solved this problem by laying many kilometres of submarine optical fibre cable under the sea.

 

Friends,

This development of facilities in Andaman & Nicobar is giving an impetus to the tourism sector here. When mobile connectivity is enhanced, the number of tourists also increases. When the health infrastructure improves, the tourist inflow increases further. When the facilities at the airport are improved, tourists like to visit this place. When the roads are of good quality, the tourists spend more time in the area. That is why the number of tourists coming to Andaman and Nicobar has now doubled as compared to 2014.

The number of tourists coming here for adventures like snorkelling, scuba diving, and sea-cruise is also increasing. And my brothers and sisters of Andaman and Nicobar, this is just the beginning. This number is going to increase manifold in the coming years. Due to this, new possibilities of employment and self-employment are going to be created in Andaman & Nicobar.

Friends,

Today Andaman & Nicobar is turning into a living example of this great mantra - Virasat Bhi Aur vikas Bhi' i.e. heritage as well as development. You are also aware that the tricolour was hoisted in Andaman and Nicobar much before it was hoisted at the Red Fort. But despite that traces of slavery were still visible here.

In the year 2018, I was fortunate to have hoisted the tricolour at the same place in Andaman where Netaji Subhas had hoisted the flag. It is our government which named Ross Island after Netaji Subhas. It is our government which has named Havelock and Neil Islands as Swaraj and Shaheed Islands. We have named 21 islands after the brave sons who demonstrated valour for the country, i.e. the Paramveer Chakra winners. Today, these islands of Andaman & Nicobar are giving new inspiration to the youth of the whole country for the development of the country.

Friends,

In the 75 years after independence, our country India could have reached great heights and I am saying this with immense responsibility. It could have reached great heights. There has never been any dearth of potential in us Indians. But the corrupt and family-oriented parties have always done injustice to this capability of the Indians, the common man. Today, the people of the country have once again made up their minds to bring back our government in the 2024 elections. They have taken that decision already. In such a scenario, some people responsible for the plight of India have started their dirty business. Looking at them, I am reminded of a few lines from a poem. A poet had written in Awadhi. This is a poem written in Awadhi language-

''गायित कुछ है, हाल कुछ है, लेबिल कुछ है, माल कुछ है''

It is very apt for the 26 political parties who have come together for the 2024 elections.

''गायित कुछ है, हाल कुछ है, लेबिल कुछ है, और माल कुछ है''

That is, someone is singing the song, but the truth is something else. The label is someone else's, while the product is something else. This is the reality of their business. Two things are guaranteed in their shops. Firstly, they sell the poison of casteism in their shop. And second, these people indulge in unlimited corruption. These days these people have gathered in Bengaluru.

Once upon a time there was a very famous song, I don't remember it completely, but in bits and pieces - People wear different masks on a single face. These people have different faces. When these people come together in a single frame in front of the camera, the first thought that comes to the mind of the people of the country is - corruption worth lakhs of crores of rupees. That's why the people of the country are saying that this is a 'perfect corruption conference'. These people have been singing something else but the situation is something different. They have placed the labels on something else while their products are something different. Their product is a guarantee of Rs 20 lakh crore scam.

Friends,

There is one more speciality of this meeting. If someone is out on bail in a multi-crore scam, he is looked upon with great respect. If the entire family is out on bail, then they are respected even more. If an incumbent minister of a party goes to jail due to a corruption case, he is given extra marks and is invited as a 'special invitee'. If someone insults a community, and is punished by the court, then he receives a lot of hospitality. If someone has been found guilty in a multi-crore scam by the court, then he becomes even more qualified to attend this meeting. Rather, these people seek guidance from him. There is great affinity and great love among them for corruption. That's why these people, who guarantee corruption of Rs 20 lakh crore, are meeting each other with great love and affection

 

Friends,

All of them involved in corruption are staunch supporters of the dynastic system - Whatever the family says is right. For democracy it is believed - Of the People, By the People, For the People. But the mantra of these people supporting dynastic politics - 'Of the family, By the family, For the family'. 'Family First, Nation Nothing' is the motto of these people. This is their inspiration.

These people want to make the country's democracy and the constitution their hostage. I would like to tell them… 'there is hatred, there are scams. There is appeasement and crookedness. The country has been in the grips of a dynastic system for decades.

Friends,

It is not the development of the children of the country's poor that matters to them, but the development of their own children, their brothers and nephews always was their priority. Nowadays you see that the number of start-ups is rising in the country. Our youngsters are getting patents; trademarks are being registered in large numbers; the youth of my country are dominating the sports world and daughters are creating wonders!

This youth power was there in our country even before, but these dynastic parties never did justice to the power of the youth of the country. They have only one ideology, only one agenda - save the family, and keep corruption alive for the family! Their common minimum program is to stop the development of the country, to cover up their misgovernance and to stop action against the corrupt.

Now see, this group that has gathered becomes speechless when it comes to the biggest scams and crimes committed by them. When their misrule in any one state is exposed, these people from their group from other states immediately start providing arguments in their defence. But if there is a flood scam somewhere or someone is kidnapped, then all the people of this clan become silent.

You have seen that Panchayat elections were held in West Bengal just a few days ago. There was open violence and reckless bloodshed. All of them have stopped speaking even on this matter. The workers of Congress and Left parties are trying to save themselves. But the leaders of Congress and Left, in their selfishness, have left their workers alone to fend for themselves.

Whether it is about the daughters being tortured in Rajasthan or examination papers being leaked, they turn a blind eye to everything. When those who betray the public by talking about change are involved in liquor scams worth crores, this family again starts giving cover to them. They turn a blind eye to that blatant corruption.

When any agency of the country acts on them, they have the same thing to say each time – "nothing has happened…everything is a conspiracy, we are being framed". If you look at Tamil Nadu, several cases of corruption and scams are coming to the fore. But all the parties of this clan have already given a clean chit to everyone. That is why friends keep identifying these people and get to know them. Be careful of these people, brothers and sisters!

 

Friends,

Amidst the conspiracies of these people, we have to dedicate ourselves to the development of the country. There are many examples in the world today, where islands and small landlocked countries have made unprecedented progress. When these nations had chosen the path of progress, they too had faced various challenges.

Not everything was simple, but those countries have shown that when development takes place, it brings along all kinds of solutions. I am sure, the development work being done in the Andaman-Nicobar Islands will further strengthen this entire region. I hope this new facility related to connectivity, i.e. the new terminal of Veer Savarkar International Airport will be beneficial for all.

With this wish, I thank you for coming in such large numbers to this video conference event. I can feel your joy and enthusiasm even from here.

On such an occasion, the country should move forward with a new belief and a new resolve. And I hope that Andaman-Nicobar moves forward with it. With this wish, my best wishes to all of you, heartiest thanks

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Prime Minister Shri Narendra Modi addresses third edition of Kautilya Economic Conclave in New Delhi
October 04, 2024
Today, India is the fastest growing major economy:PM
Government is following the mantra of Reform, Perform and Transform:PM
Government is committed to carrying out structural reforms to make India developed:PM
Inclusion taking place along with growth in India:PM
India has made ‘process reforms’ a part of the government's continuous activities:PM
Today, India's focus is on critical technologies like AI and semiconductors:PM
Special package for skilling and internship of youth:PM

The Prime Minister, Shri Narendra Modi addressed the Kautilya Economic Conclave in New Delhi today. Organized by The Institute of Economic Growth in partnership with the Ministry of Finance, the Kautilya Economic Conclave will focus on themes such as financing the green transition, geo-economic fragmentation and the implications for growth, and principles for policy action to preserve resilience among others.

Addressing the gathering, the Prime Minister expressed gratitude for being present in the third edition of the Kautilya Economic Enclave. He underlined that the conclave will hold multiple sessions for the next three days where various issues related to the economy are going to be discussed. Shri Modi expressed confidence that these discussions will prove helpful in accelerating India's growth.

Noting that the conclave is being organized at a time when two major regions of the world are engaged in a war, the Prime Minister pointed out the importance of the regions for the global economy, especially in terms of energy security. “Amidst such a huge global uncertainty, we are here discussing the Indian Era”, the Prime Minister remarked, highlighting the increase in trust towards India and its self-confidence today.

“India is the fastest growing major economy in the world today”, exclaimed the Prime Minister. He added that currently India is the fifth largest economy in terms of GDP. Shri Modi highlighted that today, India is number one in terms of global FinTech adoption rate as well as in terms of smartphone data consumption. He said India is number two in the world in terms of internet users while nearly half of the world's real-time digital transactions are happening in India. Shri Modi highlighted that at present India has the world's third largest start-up ecosystem and also ranked number four in terms of renewable energy capacity. Speaking on manufacturing, the Prime Minister pointed out that India is the world's second largest mobile manufacturer, the largest manufacturer of two-wheelers and tractors. “India is the youngest country in the world”, emphasized Shri Modi. He emphasized that India has the third largest pool of scientists and technicians in the world and be it science, technology or innovation, India is clearly present at a sweet spot.

“Government is following the mantra of Reform, Perform and Transform and continuously taking decisions to move the country forward”, the Prime Minister said as he credited its impact for the reelection of a government for the third consecutive time after 60 years. He said that people get the confidence of the country moving on the right path when their lives are transformed for good. This feeling, the Prime Minister said, is visible in the mandate of the people of India and the confidence of 140 crore countrymen is a huge asset of this government. The Prime Minister underlined the Government's commitment to carrying out structural reforms to make India developed and highlighted the work done in the first three months of the third term. He gave examples of bold policy changes, strong commitment towards jobs and skills, focus on sustainable growth and innovation, modern infrastructure, quality of life and continuity of fast growth. “This is a reflection of our policies of the first three months”, the Prime Minister said, informing that decisions worth more than Rs 15 trillion or 15 lakh crore rupees have been taken during this period. He further added that work has started on many mega infrastructure projects in India including the creation of 12 industrial nodes in the country and the approval for construction of 3 crore new houses.

Shri Modi emphasized that the inclusive spirit of India, was another notable factor in India's growth story. While it was earlier believed that inequality increases with growth, however the opposite, that is, inclusion is increasing along with growth in India, he added. Consequently, 25 crore or 250 million people have moved out of poverty in the last decade, the Prime Minister highlighted. He said along with India’s rapid progress, the Government was also ensuring that there is reduction in inequality and the benefits of development reach everyone.

Highlighting the predictions related to India's growth today, the Prime Minister said that their confidence points to the direction in which India is headed and it can also be supplemented by the data of the last few weeks and months. Underlining that India’s economy performed better than every prediction last year, the Prime Minister said all institutions, be it the World Bank, IMF or Moody's, have upgraded their forecasts related to India. “All these institutions are saying that despite global uncertainty, India will continue to grow at a rate of seven plus. However, we Indians have full confidence that India will perform even better than this”, Shri Modi added.

Underlining that there were some solid reasons behind this confidence of India, the Prime Minister remarked that be it manufacturing or service sector, today the world is considering India as a preferred place for investment. He added that this was not a coincidence, but a result of major reforms done in the last 10 years, which have transformed the macroeconomic fundamentals of India. Mentioning an instance of the reforms, Shri Modi said that India's banking reforms have not only strengthened the financial conditions of banks, but also increased their lending capacity. He added that similarly, Goods and Service Tax (GST) had integrated various central and state indirect taxes while Insolvency and Bankruptcy Code (IBC) had developed a new credit culture of responsibility, recovery and resolution. Further elaborating on the reforms, Shri Modi highlighted that India had opened many sectors like mining, defense, space for private players and young entrepreneurs of India. He added that the Government had liberalized the FDI policy to ensure creation of ample opportunities for global investors. The Prime Minister also informed that the Government was focusing on modern infrastructure to reduce the logistics cost and time. He added that there was an unprecedented increase in investments in infrastructure in the last decade.

“India has made ‘process reforms’ a part of the government's continuous activities”, the Prime Minister said, informing that the government has eliminated more than 40,000 compliances and decriminalized the Companies Act. He gave examples of reforming dozens of provisions that made it difficult for business and the creation of a national single window system to ease the clearance process for starting and closing a company. He also stressed on encouraging state governments to speed up ‘process reforms’ at the state level.

The Prime Minister highlighted the impact of Production Linked Incentives to accelerate manufacturing in India in many sectors today. Throwing light on its impact in the last 3 years, the Prime Minister informed about an investment of about Rs 1.25 trillion or Rs 1.25 lakh crore leading to production and sales of about Rs 11 trillion or Rs 11 lakh crore. Noting that India’s space and defence sectors have been recently opened up, the Prime Minister highlighted their spectacular growth and informed that more than 200 start-ups have come up in the space sector while 20 percent of India’s total defence manufacturing contribution now comes from private defence companies.

Touching upon the growth story of the electronics sector, the Prime Minister pointed out that India was a big importer of most mobile phones till 10 years ago while more than 33 crore mobile phones are being manufactured in the country today. He stressed that all sectors in India have excellent opportunities for investors to earn high returns on their investments.

Discussing India's focus on critical technologies like AI and semiconductors currently, Shri Modi stressed that there was huge investment by the Government in both sectors. He informed that India’s AI mission would increase both research and skills in the field of AI. Speaking of the India Semiconductor Mission, Shri Modi pointed out that an investment of Rs 1.5 trillion or one and a half lakh crore rupees was being made and very soon, India's 5 semiconductor plants would start delivering Made in India chips to every corner of the world.

Prime Minister Modi emphasized India’s emergence as the world’s largest source of affordable intellectual power. He highlighted that over 1,700 Global Capability Centres are currently operating in India and employing more than 2 million highly skilled Indian professionals. Shri Modi stressed the importance of harnessing India’s demographic dividend through a strong focus on education, innovation, skills, and research. He highlighted the key reforms brought about by the New National Education Policy and informed that a new university has been established every week and two new colleges have opened every day over the last decade. He further added that the number of medical colleges in our country has doubled in the last 10 years.

The Prime Minister underlined that the Government is not only increasing the quantity of educational institutions but are also raising the bar for quality. He said that the number of Indian institutions in the QS World University Rankings have tripled over this period, reflecting the country’s growing emphasis on academic excellence. He also touched upon a special package for skilling and internship for crores of youth in this year’s budget. Speaking about the PM Internship Scheme, the Prime Minister explained that one crore young Indians will be given the opportunity to gain real-world experience in major companies. He further added that 111 companies registered to participate on the first day of the scheme thereby showcasing the enthusiastic response of the industry.

Touching upon India's research ecosystem, Shri Modi highlighted that research output and patents had grown rapidly in the last decade. The Prime Minister noted that in less than a decade, India’s ranking in the Global Innovation Index Rankings had moved from Eighty First to Thirty Ninth position. Stressing that India had to tread forward from here, Shri Modi highlighted that a research fund of Rs One Trillion was created to strengthen India’s research ecosystem.

“Today, the world looks to India with great expectations when it comes to green jobs and a sustainable future,” the Prime Minister remarked, highlighting the vast opportunities it presents. Referring to the success of India’s G20 Presidency, Prime Minister Modi mentioned the new momentum for green transition that emerged from the summit and proudly announced India’s initiative in launching the Global Biofuel Alliance during the Summit receiving wide support from member nations. He also highlighted India’s ambitious target of producing 5 million tons of green hydrogen by the end of this decade. Prime Minister Modi underlined India’s commitment to expanding solar power production at the micro level and mentioned PM SuryaGhar Free Electricity Scheme, a rooftop solar initiative funded by the government that has already registered over 13 million or 1 crore 30 lakh families. “This scheme is not just large in scale, but revolutionary in its approach, turning every family into a solar energy producer”, he said. The Prime Minister further explained that on average, families are expected to save Rs 25,000 annually, while also helping to prevent the emission of 50-60 tons of carbon dioxide for every three kilowatts of solar power produced. The Prime Minister stated that this scheme will create a large army of skilled youth where around 17 lakh jobs will be created giving way to new investment opportunities.

The Prime Minister underlined that the Indian economy is going through huge transformational change and is on the path of sustained high growth based on strong economic fundamentals. “Today, India is not only preparing to reach the top, but is also working hard to remain there”, PM Modi said, expressing confidence that many valuable inputs will come from the ongoing discussions. He stressed that the inputs received in such discussions, especially the do’s and don'ts, are religiously followed in the government systems and made part of the policy and the governance. The Prime Minister concluded his address by highlighting the importance, expertise and experience of the industry leaders and thanked them for their contributions. Shri Modi also thanked Shri N K Singh, President of Institute of Economic Growth, and his entire team for their efforts.

Union Minister of Finance, Smt Nirmala Sitharaman and President of Institute of Economic Growth, Shri N K Singh were present on the occasion among others

Background

The third edition of the Kautilya Economic Conclave is being held from the 4th to the 6th of October. Some of the most important issues confronting the Indian economy and economies of the Global South will be discussed by both Indian and international scholars and policymakers. The conclave will witness the participation of speakers from across the world.

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