PM addresses India-France Business Summit in Chandigarh. 16 Agreements exchanged

Published By : Admin | January 24, 2016 | 18:03 IST
PM Modi, French President attend India-France Business Summit
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India's talent and manufacturing of France can achieve a lot: PM Modi
India's ease of business doing ranking has improved in a short span of time: PM Modi
The world has accepted that India is a good investment destination: PM Modi
We want to work closely with France. We want to work together for development of humankind: PM

The Prime Minister, Shri Narendra Modi, addressed the India-France Business Summit in Chandigarh today.

The Prime Minister appreciated France for the manner in which it coordinated the CoP 21 negotiations. He recalled that President Hollande had spoken to him over phone and had shared the outline of the proposed agreement, shortly before it was announced.

The Prime Minister recalled the deadly terror attack in Paris a few days before the CoP-21 meeting, and said France has shown the way to combat terrorism without deviating from its core principles. He said India will stand shoulder to shoulder with France in the fight against terrorism.

The Prime Minister spoke at length about the complementarities between India and France, and said both countries are in fact made for each other. Speaking about the security and defence sector, the Prime Minister said Indian talent and French manufacturing capability can together make the world a more secure place. In this context, he mentioned cyber-security as well.

The Prime Minister said French companies are well invested in India. He asserted that retrospective tax was a thing of the past, and a closed chapter. He mentioned the initiatives of Mission Innovation, involving India, US and France, and the International Solar Alliance.

16 MoUs and Agreements were exchanged at the Summit.

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Prime Minister highlights six years of PM SVANidhi scheme and extends best wishes to beneficiaries
June 01, 2026

The Prime Minister, Shri Narendra Modi, today highlighted six years of the PM SVANidhi scheme and underscored its role in transforming the lives of street vendors across the country.

The Prime Minister noted that the scheme has ensured access to collateral-free credit, financial inclusion and new opportunities for growth for countless street vendors. He said that PM SVANidhi is a scheme rooted in trust, dignity and empowerment.

Extending his best wishes to all beneficiaries, the Prime Minister lauded their determination and enterprise, stating that their efforts continue to strengthen the nation’s economy.

In a post on X, the Prime Minister said:

“Today we mark #6YearsofPMSVANidhi, a scheme which has transformed the lives of countless street vendors by ensuring access to collateral-free credit, financial inclusion and new opportunities for growth. This scheme is all about trust, dignity and empowerment. My best wishes to all beneficiaries whose determination and enterprise continue to strengthen our nation’s economy.”