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Date : 18 Jan 2022
​PM delivers special address at the World Economic Forum
Tags :Why in News?
- Virtually delivering 'State of the World' address at World Economic Forum, Davos Summit, Prime Minister Narendra 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.
- He said, in this time of Corona pandemic, India following the vision of One Earth, One Health and saving crores of lives by giving essential medicines, vaccines to many countries.
- “During Corona time, India saved many lives by supplying essential medicines and vaccines while following its vision of ‘One Earth, One Health’”
- “India is committed to become world’s reliable partner in global supply-chains”
- “Not only India is focussing on easing the processes in its quest for self-reliance, it is also incentivizing investment and production”
- “India is making policies keeping in mind the goals of next 25 years. In this time period, the country has kept the goals of high growth and saturation of welfare and wellness. This period of growth will be green, clean, sustainable as well as reliable”
- ‘Throw away’ culture and consumerism has deepened the climate challenge. It is imperative to rapidly move from today’s ‘take-make-use-dispose’ economy to a circular economy
- Turning L.I.F.E. into a mass movement can be a strong foundation for P-3 i.e ‘Pro Planet People'
- It is imperative that every democratic nation should push for reforms of the multilateral bodies so that they can come up to the task dealing with the challenges of the present and the future
- India is providing record number of software engineers. More than 50 lakh software developers are working in India.
- India has third largest number of unicorns today.
- India’s huge, safe and successful digital payments platform and informed that in the last month itself more than 4.4 billion transections took place through Unified Payments Interface.
- simplification of corporate tax rates and making them the most competitive in the world.
- India has deregulated areas like Drones, Space, Geo-spatial mapping and has brought reforms in the outdated telecom regulation related with the IT and BPO sectors. “We did away with more than 25 thousand compliances in the year gone by
- Indicating India’s growing attractiveness as a partner, the Prime Minister said that India is committed to become world’s reliable partner in global supply-chains and is making way for free trade agreements with many countries. India’s capabilities in innovation, technology adaptation and entrepreneurship spirit makes India an ideal global partner. “This why, this is the best time to invest in India”, he said. He mentioned Indian Youth is achieving new height of entrepreneurship.
