India has gifted world a bouquet of hope: Narendra Modi

NEW DELHI: Prime Minister Narendra Modi on Monday addressed the World Economic Forum, Davos Agenda, via video conferencing. During his speech, he talked about some of the pressing issues like Covid, climate change, cryptocurrency, reforms and initiatives taken by his government for ease of doing business.

"India is celebrating its 75th year of Independence. At the same time, the country administered 156 crore vaccine doses to its population," he said. "India has gifted the world a bouquet of hope," he added. "It includes our trust in democracy; it includes our technology, our temperament and talent. Our multi-lingual, cultural environment is not only our strength but the strength of the world," he said.

He further spoke about how lifestyle changes were essential to fight the climate crisis. "The current throwaway culture and consumerism have made climate challenge more serious."

Modi said, "Keeping our goal of global good, we have committed to net zero target by 2070. India's growth will be green, clean, sustainable and reliable." "Though India constitutes 70 per cent of the global population that takes up power commission of only 5 per cent, our effort for sustainable development is 100 per cent," he added.

Speaking about India's contribution towards the world during the pandemic, he said, "In this period of the coronavirus pandemic, India showcased its strength by providing free food to more than 80 crore of our citizens. Today, India is the third-largest pharma producer in the world," he added.

Stating that this is the best time to invest in India, Modi said the entrepreneurship spirit that Indians have, the ability to adopt new technology, can give new energy to each of our global partners. "In 2014, there were a few hundred registered startups in India. Today, their number has crossed 60,000 with more than 10,000 registered in the last six months. More than 50 lakh software developers are working in the country today," he said.

He also said India is promoting 'Ease of Doing Business'. "By reducing our Corporate tax rate, we are making it most competitive. This is the best time to invest in India," he added. (Agencies)

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