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PM Modi will interact with leading economists and sectoral experts on Friday to deliberate on measures that may be included in the upcoming Budget for promoting growth, amid uncertainty on multiple fronts caused by Covid-19. The meeting, being organised by Niti Aayog will be held virtually and will also be attended by Niti Aayog vice-chairman … Continue reading PM to interact with leading economists on Jan 8

PM Modi on Tuesday said that the nation was working on a plan to develop its coastal regions that will include efforts to boost fisheries and seaweed exports. Inaugurating the 450-km natural gas pipeline from Kochi to Mangaluru, PM laid out his government’s energy roadmap. “The government has an integrated approach to energy planning. Our … Continue reading Govt working on plan to develop coastal regions: PM

Prime Minister Narendra Modi on Tuesday hit out at previous governments for delaying the Dedicated Freight Corridor project of the Railways and said his government engaged with stakeholders to speed up the work.

Prime Minister Narendra Modi on Monday termed the ‘Make In India’ initiative as very important for the expansion of metro services. While inaugurating India’s first-ever driverless train on Delhi Metro’s Magenta Line via video conferencing, PM Modi said that ‘Make in India’ reduces cost by saving foreign currency and providing more employment to Indian people.

Prime Minister Narendra Modi on Tuesday addressed the India Mobile Congress (IMC) 2020 via video conferencing. In his inaugural address, the Prime Minister emphasized on India’s digital technology push and stated that the nation is emerging as the most preferred place for mobile manufacturing.

Universal access to electricity, the government’s “commitment and conviction” to fight climate change along with plans to rapidly expand renewable energy capacity will generate business prospects worth $20 billion, or Rs 1.5 lakh crore, every year, prime minister Narendra Modi said on Wednesday urging investors to join India’s renewable energy programme.

PM Modi on Tuesday said that India provides great investment opportunities for the world and is moving towards urban transformation at the 3rd annual Bloomberg New Economy Forum. PM said, “Emphasising on creating a post-pandemic world, he said the world has to be rebuilt around people and cities will have to be made more livable.”

The 15th finance commission on Monday submitted to Prime Minister Narendra Modi its report on the ratio in which tax is to be divided between the Centre and states over the next five years. The report titled ‘finance commission in Covid Times’ would be submitted to finance minister Nirmala Sitharaman on Tuesday.

Prime Minister Narendra Modi on Wednesday said tax administration should be such that collections should not cause difficulties to anyone and individuals should realise the impact of their contribution when money reaches them.

On the fourth anniversary of demonetisation, Prime Minister Narendra Modi came out with a strong justification of the move, arguing that it triggered higher compliance and detection of black money, while helping improve tax collections and slowing the growth of currency in circulation.

The coronavirus pandemic has taught a lesson to the world that globalisation is important but being self-reliant is also necessary, said Prime Minister Narendra Modi on Saturday. PM Modi said this during his speech at the 51st Annual Convocation of Indian Institute of Technology (IIT), Delhi, in which he took part through video conferencing.

Prime Minister Narendra Modi will on Thursday chair a virtual global investor roundtable that will provide an opportunity to leading global investors and Indian business leaders to engage and deliberate with senior policy makers on how to further accelerate the growth of international investments in the country.

In a bid to attract long-term capital for infrastructure financing, Prime Minister Narendra Modi will soon hold a meeting with top 15 global fund houses to get their views on investment in infra projects, economic affairs secretary Tarun Bajaj said on Wednesday.

Of all the controversial reforms PM Modi has sprung on the market, the recent laws to liberalize farm sales could turn out to be the most far-reaching. Experts believe India’s agriculture sector needs private sector investment in technology and infrastructure to realize its full potential and compete globally. Farmers’ organisations, though, have responded with scepticism.

Prime Minister Narendra Modi on Saturday announced that the task to connect India’s over six lakh villages with optical fibre network will be completed in the next 1,000 days. Besides, a high speed internet connectivity via submarine optical fibre cable will be extended to Lakshadweep in this period, he said.

Prime Minister Narendra Modi will on Thursday launch a new platform, “Transparent Taxation – Honouring the Honest”, which will carry forward the journey of direct tax reforms, an official statement said.

Prime Minister Narendra Modi on Monday inaugurated the submarine optical fibre cable (OFC) connecting Chennai and Andaman & Nicobar, through video conferencing. The link is expected to provide a big boost to the economy of the islands. The foundation stone for this project was laid by PM Modi on December 30, 2018 at Port Blair.

Delivering the keynote address at the India Idea Summit organised by the US-India Business Council, PM Modi noted that the reforms undertaken in the past six years have ensured increased competitiveness, transparency, expanded digitisation and led to more policy stability. He also laid out the progress made by each sector and invited US companies to … Continue reading Infra to energy: PM invites US to invest in India

Prime Minister Narendra Modi’s key economic advisors have proposed an investment-led stimulus by the government to help revive the economy. The proposed massive spending on infrastructure, along with an upgrade of urban facilities, is expected to create durable assets and jobs, and generate demand for cement and steel.

PM Narendra Modi addressed the Digital Skills Conclave and exhorted the youth to skill, reskill and upskill in order to remain relevant in the rapidly changing business environment and market conditions. He stated that the world belongs to the youth due to their ability to acquire new skills all the time.

Prime Minister Narendra Modi on Tuesday said that the government is working on ‘one nation, one ration card’ which will benefit the migrant workers. “The country is moving towards the institution of ‘one nation, one ration card’, which will be of immense benefit to the poor who travel to other states in search of work,” … Continue reading Govt working on ‘one nation, one ration card’: PM

Prime Minister Narendra Modi on Saturday launched the mega ‘Garib Kalyan Rojgar Abhiyaan’ aimed to boost livelihood opportunities in rural India amid the ongoing Covid-19 crisis.