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Premier Li Keqiang

President of CPAFFC Madame Li Xiaolin

Hon’ble Chief Ministers, Governors and Mayors

This is a historic moment in the relationship between India and China.

Today, we are launching a new vehicle for advancing cooperation between our two countries.

In times to come, this will become one of the most important instruments for deepening our economic partnership and contact between our people.

As someone who has been Chief Minister for thirteen years and Prime Minister for one, this forum has a special place in my heart.

But, it is not just my sentiments that lead me to give such importance to this new institution.

It comes from a serious conviction, born from my experience, that states have a vital role to play in the national development.

This is especially true for large and populous countries, with a high degree of geographical, social and economic diversity.

It becomes even more relevant, when the constitutional and political systems are federal in structure.

These attributes exist in both India and China, the world's two most populous nations.

In India's Constitution, state governments have predominant role in economic and social development.

The Central Government creates the macro-economic environment. It can set the broad social and economic agenda and directions for the nation.

It can launch development policies and schemes. It can manage resources.

But, in the end, the state governments have an important role in their implementation.

But, as I saw in my own experience, state governments can take innumerable initiatives for the development of the states.

That is the level of autonomy and responsibility that they enjoy under our Constitution.

In the same national environment, states are performing at different levels.

For business investors, too, whether they are Indian or foreign, their journey may begin in Delhi, but their success ultimately depends on state capitals.

Many of the critical requirements for success – infrastructure, land, utilities, skilled human resources and many approvals –ultimately depend on the state governments.

But, for me, the involvement of states in our national effort is not just because of their constitutional and legal responsibilities.

It is also stems from a basic management principle. The chances of success are higher when we create a sense of participation for everyone; when we give everyone a stake in success.

That is why I speak of Team India. That is why I believe that the foundation for India's development will not be the single pillar of the Central Government, but 30 pillars comprising the Central Government and all our States.

It follows from the simple logic of science that this foundation will be stronger and more stable. It can support a much taller structure of development.

That is why I speak of Cooperative Federalism, when the Centre and the States are partners. I also speak of cooperative and competitive federalism, in which states compete with each other to attract investments and jobs.

We have moved quickly in the past year to give shape to this vision.

When we replaced the old Planning Commission with the institution called Niti Ayog, we gave a formal place and role for state governments in an institution of this nature for the first time in India.

We have radically increased the amount of resources that the Central Government must transfer to the state governments.

And, when we began to raise large revenues from the auction of our coal, it also filled the coffers of the states where the mines are located.

I am asking my ministries to move conferences out of Delhi to state capitals and other cities, so that they do get the benefits that come from hosting such events.

More than anything else, we deal with the state governments in a spirit of partnership and with sensitivity to their concerns.

And, in doing so, we do not look at the symbol of the political party that is in power in the state.

Which is why, when I invited state governments to participate in this event, I did considered the linkages of their states with China, but also broader political representation.

Every nation needs strong international partnerships for its progress. The linkage has deepened in an integrated world.

As international partnerships in trade, investments, innovation, technology, tourism, education, skills and health grow, state governments have a stake in them and responsibility for their success.

I have found, both through outbound and inbound state delegations, that state level interactions can be often more focused and productive.

A number of decisions can be taken quickly by the state governments.

These interactions also make the state governments more sensitive and aware of the international dynamics and requirements.

Therefore, I attach great significance to this forum.

It is the first that India has with any country.

And, it is appropriate that it has started with China.

We are two of the world's largest economies and among its fastest growing major economies. We have enormous economic synergies.

We also face similar challenges. We have some similar experiences.

We have both seen differences in the pace of development in different parts of our countries.

Our economic relations are growing rapidly.

During President Xi's visit last year, we set for ourselves an ambitious plan to take our economic relations to a new level.

We agreed on China setting up two industrial parks in India – in Maharashtra and Gujarat. We are pleased that both Chief Ministers are here. We have agreed on cooperation in the upgrading of India's railway sector.

I have invited Chinese companies to invest in India's manufacturing sector. President Xi spoke of 20 billion dollars of Chinese investments over the next five years. Some of the business agreements will take shape in Shanghai tomorrow.

I believe it will be much easier to translate our vision into reality, if provincial and state governments come into closer contacts.

It will also serve our other interests – especially promoting greater people-to-people contacts, which is at the heart of all relationships.

Between India and China, we already have sister-state relationships between Gujarat and Guangdong. We also have a number of sister-city relations.

During this visit, we will see the launch of Karnataka Sichuan relations and four sister-city relationships.

It is also consistent with this spirit that President Xi began his visit to India in Ahmedabad and I started this visit in Xian.

These are welcome developments. We are truly taking our relationship outside our national capitals to state capitals and cities.

So, it is a great pleasure for me to join Premier Li in launching this forum. It will have our full support. And, I wish it all success.

Thank you.

بھارتی اولمپئنس کی حوصلہ افزائی کریں۔ #Cheers4India
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PM launches digital payment solution e-RUPI
August 02, 2021
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e-RUPI voucher is going to play a major role in strengthening the DBT scheme: PM Modi
e-RUPI will help in assuring targeted, transparent and leakage-free delivery for all: PM Modi
e-RUPI is a person as well as a purpose-specific payment platform: PM Modi

Prime Minister Shri Narendra Modi launched digital payment solution e-RUPI, a person and purpose specific digital payment solution, today via video conference. e-RUPI is a cashless and contactless instrument for digital payment.

Addressing the event, the Prime Minister said that the eRUPI voucher is going to play a huge role in making DBT more effective in digital transactions in the country and  will give a new dimension to digital governance. This will help everyone in targeted, transparent and leakage free delivery. He said e-RUPI is a symbol of how India is progressing by connecting people’s lives with technology. He also expressed happiness that this futuristic reform initiative has come at a time when the country is celebrating the Amrit Mahotsav on the  75th anniversary of independence.

He said in addition to the government, if any organization wants to help someone in their treatment, education or for any other work, then they will be able to give an eRUPI voucher instead of cash. This will ensure that the money given by him is used for the work for which the amount was given.

 

The Prime Minister said eRUPI is person as well as purpose specific. eRUPI will ensure that the money is being used for the purpose for which any help or any benefit is being provided.

The Prime Minister recalled that there was a time when technology was considered a domain of the rich people and there was no scope for technology in a poor country like India. He remembered when this government took technology as a mission, it was questioned by the political leaders and certain types of experts.  He added that today the country has also denied the thinking of those people, and has proved them wrong. Today the thinking of the country is different, it is new. Today we are seeing technology as a tool to help the poor, a tool for their progress.

The Prime Minister noted how technology is bringing in transparency and integrity in transections and creating new opportunities and making them available to the poor. He mentioned that for reaching today’s unique product, foundation was prepared over the years by creating the JAM system which connected mobile and Aadhaar. Benefits of JAM took some time to be visible to people and we saw how we could help the needy during the lockdown period while other countries were struggling to help their people, said the Prime Minister. He noted that in India, more than seventeen and half lakh crore rupees have been transferred directly to the accounts of the people via Direct Benefit Transfer. More than three hundred schemes are using DBT. 90 crore Indian are being benefited in some way or the other through in areas like LPG, ration, medical treatment, scholarship, pension or wage disbursal. 1 lakh 35 thousand crore rupees have directly been transferred to farmers under PM Kisan Samman Nidhi, 85 thousand crore rupees for government purchase of wheat were also disbursed in this manner. “The biggest benefit of this all is that 1 lakh 78 thousand crore rupees were prevented from going to the wrong hands, '' he added.

The Prime Minister noted that development of digital transactions in India has empowered the poor and deprived, small businesses, farmers and tribal population.  This can be felt in the record of 300 crore UPI transactions in the month of July amounting to  6 lakh crore rupees.

The Prime Minister said India is proving to the world that we are second to none in adopting technology and adapting to it. When it comes to innovations, use of technology in service delivery, he said that India has the ability to give global leadership alongside major countries of the world.

The Prime Minister said that the PM Svanidhi Yojana has helped more than 23 lakh street vendors in small towns and large cities of the country. During this pandemic period, about Rs 2300 crore has been disbursed to them.

The Prime Minister said the world is recognizing the impact of the work done in the last 6-7 years for digital infrastructure and digital transactions in the country. Especially in India, a huge base of fintech has been created which is not present even in developed countries, he added.