PM Modi’s “I” formula for self-reliant India, aims to strengthen the economy

government is constantly trying to boost the coronavirus epidemic that is boosting the Indian economy. Taking this link forward, on Tuesday, PM Narendra Modi addressed the annual meeting of the Confederation of Indian Industry (CII).

During this, the PM said that our government considers the private sector as a partner of the country’s development journey. He said, to bring India back on the path of rapid development, 5 things are very important to build a self-reliant India. Intent, Inclusion, Investment, Infrastructure and Innovation.

Your every need related to self-reliant India campaign will be taken care of. He said, I constantly communicate with you, all the stakeholders, and this will continue. Take full advantage of investment in the rural economy and opening the way for partnerships with farmers.   

PM said, now the necessary infrastructure is being prepared for the clusters of local agro products near the village. There are many opportunities for all members of the CII. He said the country is exporting metro coaches today. The country has built a train like Vande Bharat. Only in the last three months, the industry of crores of PPE has been created by Indian entrepreneurs.

Modi said I would say very proudly that you have created hundreds of crores of the industry of PPE within just 3 months. PM Modi said that several primary sectors have been identified to make Make in India a major medium of employment in the country. Work has also started on three sectors. PM Modi said, “There is a need to create products in the country that are made in India and made for the world.”

The Prime Minister said, we now have to invest in building a strong local supply chain that strengthens India’s share in the global supply chain. In this campaign, giants like I CII will also have to come forward in a new role after Corona.

PM Modi said, ‘Indian industry has a clear path – the road to self-reliant India. Self-reliant India will also be fully integrated and supportive of the world economy. We have to build such a local supply chain, which will play a major role in the global supply chain. He said, the world is looking for a reliable, partner, India has potential, strength.

Today, all of you, the industry of India, should take full advantage of the confidence that has been restored for India all over the world. Self-sufficient India means that we have to become stronger and show the world. PM Modi said, ‘India has done well for humanity by sending medicines to more than 150 countries in times of Corona crisis. Today, the industry should take advantage of the confidence that India has created in the world, keeping in mind the welfare of our workers, labour reforms are also being done to increase employment opportunities. Non-strategic areas in which the private sector was not allowed, have also been opened.


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