Prime Minister Narendra Modi showcases India’s growth story at World Economic Forum Davos


Davos: Prime Minister Narendra Modi addresses World leaders and CEOs at the Plenary session of World Economic Forum; elaborates on India’s growth story through his govt’s bold & transformative moves; says Climate change terrorism and protectionism are the gravest threats world faces.

Prime Minister Narendra Modi put India’s growth story on the world stage on Tuesday in Davos. He became the first Indian Prime Minister to deliver the keynote address at the World Economic Forum. He elaborated on how India has come a long way from two decades ago when its GDP was a sixth of what it is today but he also spelt out to the world how that has gathered pace in the last few years by making India a destination for investment, innovation and inclusive development.

PM Modi not only highlighted India’s growth story but also listed ways in which transformation in India has taken place. A land that stands for peace, harmony and inclusiveness. PM extended an open invitation to all, to come invest in India.

Reiterating the motto of ‘Sabka Saath, Sabka Vikas,’ PM Modi told the gathering that his government has brought in major reforms driven by bold policy decisions.

To ensure inclusive development of the poor, the govt introduced the Jan Dhan Yojna and Direct benefit transfers. Beti Bachao, Beti Padhao is a move towards ensuring gender justice.

Terming Reform, Perform and Transform as government’s mantra, PM Modi stressed that investing in India has become much easier. PM Modi added that the government has pledged to end license raj and end red tapeism. Government has allowed FDI in various sectors ease of doing business while the centre and state government together have accelerated the reform process. PM Modi also said the government has done away with more than 1,400 archaic laws within three years.

Terming the implementation of one-nation-one-tax in the form of GST as a revolutionary step, PM said that technology is being used on a large scale to ensure transparency. He said that reforms taken up by India have been welcomed by institutions across the globe. Through innovation and startup, India’s youth are becoming a job givers from job seeker.

Hailing India’s democracy, PM Modi said this is not a mere political establishment but a life style. He also said that in 2014 after 30 years, Indian voters gave a complete majority to any one political party to form government at the Centre. He added that his government is leaving no stone unturned to ensure overall development of the country.

The Prime Minister not only put forth his government’s model of development but also presented India’s picture of an empowered, prosperous and a dynamic nation.

Prime Minister Modi also drew the world’s attention to challenges facing the one and all. While he touched upon technology, big data and social media as both opportunities and challenges, he narrowed the clear & present dangers down to climate change, terrorism and protectionism.

The PM also showed the world the path to surmount these challenges, one which has been illuminated through ages by India’s ancient wisdom, spirituality and ethos.

Davos this year also saw different facets of human endeavor also being celebrated, creativity and arts very much among them. India’s superstar Shahrukh Khan has been honoured there and while speaking to DD News, King Khan said that there are many reasons why India’s stock has been rising in the eyes of the global community, its prime place as an investment destination and fastest growing emerging economy are parts of a much larger whole.