Prime Minister Narendra Modi right this moment mentioned that India has been via ups and downs this yr and it’s good that issues are enhancing swiftly. He talked about that whereas there are numerous challenges at hand, the federal government has the options and a roadmap to take India ahead and overcome these challenges. He lauded FICCI for partnering with the federal government and taking part in an efficient position within the technique of nation-building together with within the combat towards COVID-19.
Talking on the Atmanirbhar Bharat program, Modi mentioned, “Atmanirbhar Bharat Abhiyan promotes effectivity in each sector. Emphasis is being laid to re-energize technology-based industries, by which India has long-term aggressive benefit.” He additional mentioned that this program has pushed up effectivity and made Indian trade stronger and extra aggressive. PM Modi additionally urged the trade to spend money on rural areas together with the agriculture sector because the investments would open new alternatives for folks in rural India. “The ambitions of rural India are more and more on the rise. They need socio-economic mobility, and the federal government is attempting to fulfil these ambitions.”
He additional asserted that our economic system, in varied sectors, wants increasingly bridges and never boundaries in order that they’ll assist one another. “In previous couple of years, we’ve initiated deliberate reforms and the most effective instance of that is India being a part of most inclusive banking nations,” added Modi.
Alongside the FICCI Annual Conference, the FICCI Annual Expo 2020 was additionally inaugurated by the Hon’ble Prime Minister. FICCI Annual Expo 2020 has been pushed by the necessity of Indian companies to stay related and discover new enterprise alternatives at the same time as they navigate the challenges thrown up by COVID-19. This Annual Expo is a singular initiative. It leverages know-how in an clever method. There are highly effective chat engines, devoted B2B assembly rooms, networking lounges, and convention centres the place companies from the world over can meet their Indian counterparts.
Talking in regards to the broad vary of reforms undertaken by the federal government, Dr Sangita Reddy, President, FICCI talked about that historical past will keep in mind Prime Minister Narendra Modi as an financial and social reformist as reforms are taking place at a scale and velocity that has not been seen earlier than. She mentioned that right this moment we stand collectively as a nation and we see the inexperienced shoots of financial restoration. “We now have all re-innovated and reinvented ourselves and are transferring in the direction of Atmanirbhar Bharat. It’s time for us now to plan and work collectively to develop the inexperienced shoots of restoration into the attractive blooms of the potential of our nation,” added Dr Reddy. She added that the restoration within the coming yr may be accelerated by specializing in a 5-point agenda which incorporates specializing in covid-19 vaccine roll out and revitalization of the healthcare sector, implementation of the Nationwide Infrastructure Pipeline, continued deal with the digital transformation of the economic system, higher push to manufacturing via PLI implementation and additional fiscal stimulus particularly for these sectors which have a protracted restoration interval.
Dr Reddy additionally thanked the Prime Minister for the foremost initiatives such because the transfer to allow Common Well being Protection, creation of the Nationwide Well being Stack, strengthening of the prescription drugs sector and strong implementation of the Ayushman Bharat Scheme. She talked about that within the subsequent decade, the healthcare sector would contribute to the expansion of the nation identical to within the final decade we noticed the contribution of the IT sector. The highly effective initiatives taken by the federal government will allow India in serving to heal the world in addition to create enormous employment alternatives. She additionally assured the Prime Minister that members of FICCI are dedicated to proceed working in the direction of bringing the economic system again on the excessive development path and would proceed to stay invested in India given the plethora of alternatives the nation provides.
Uday Shankar, President-Elect, FICCI mentioned that the nation right this moment wants belief and assurance and at any time when we take heed to our Prime Minister, we get full assurance. Reforms and PLI scheme together with the roadmap outlined by the Prime Minister are the fundamental foundations that can assist India change into a powerful and wealthy nation and can carry prosperity to our residents. He assured the Prime Minister that FICCI and all the non-public sector will present full co-operation and assist in taking ahead the reform agenda whether or not within the industrial sector or within the agriculture sector.
The PM congratulated Dr. Sangita Reddy for the proactive position of FICCI in attempting instances and welcomed the incoming President Uday Shankar.