Strong democracy like India given entire world bouquet of hope: Modi in Davos

(File photo) The Prime Minister, Narendra Modi

Prime Minister Narendra Modi has expressed confidence that in the times to come India will fulfill the hopes and aspirations of the world. Virtually delivering the World address at the World Economic Forum, Davos Summit, Mr. Modi said, India is moving forward with great strength and vigour.

He said, India is celebrating its 75th year of Independence and also the administration of 160 crore vaccine doses in the country. Mr. Modi said, India has recently completed the enormous task of administering 160 crore vaccine doses. The Prime Minister said, in this period of Corona, India showcased its strength by providing free food to more than 80 crore of its citizens. He said, India also focused on reforms in the right direction.

Mr. Modi said, global economic experts, have praised India’s decisions. He said, in this time of Corona pandemic, India followed the vision of One Earth, One Health, and saving crores of lives by giving essential medicines, vaccines to many countries. The Prime Minister said, today India is the world’s third-largest pharma producer and pharmacy to the world. Mr Modi said, a strong democracy such as India has given the entire world a bouquet of hope. The Prime Minister said, the bouquet contains, trust towards democracy, technology to empower 21st century, and talent and temperament of Indians.

He said, today India has the world’s largest, safe and successful digital payments platform. Mr. Modi said, last month alone, 4.4 billion transactions took place in India through Unified Payments Interface. He said, today India is sending record software engineers to the world and more than 50 lakh software developers are working in India. The Prime Minister said, today India has the third largest number of Unicorns in the world and more than ten thousand start-ups have been registered in the last 6 months.

Mr Modi said, India was once known for license raj and today, it is encouraging ease of doing business and reducing government involvement in businesses. He  said India has made itself the most competitive in the world by simplifying and reducing its corporate tax rates. The Prime Minister said, last year alone, Government of India reduced more than 25 thousand compliances. He said, entrepreneurship among Indian youth is at a new height today. Mr Modi said, in 2014 where there were a few hundred registered start ups in India. He said, their number has crossed 60 thousand today.

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