15.6 C
Monday, February 26, 2024

India a bright spot, despite global uncertainties: PM


Share post:


Bengaluru: Prime Minister Narendra Modi on Wednesday said despite global uncertainties, India is growing rapidly and experts have hailed the country as a bright spot.

“At this time of global uncertainties, India is growing rapidly … Global experts have hailed India as a bright spot … The trade deals that have been signed give the world a glimpse of India’s preparedness,” he said at the inauguration of Invest Karnataka Summit 2022 here.

Modi said India is rolling out red carpet of opportunities for investors, instead of red tapism. “India has freed its investors from red tapism and given them a red carpet of opportunities,” he said.

“We encouraged investments in various sectors that were earlier closed to private investments such as defence, drones, space and geospatial mapping,” he added.

Modi said New India is focusing on bold reforms, big infrastructure and best talent.

PM-GatiShakti National Master Plan is aimed at integrated infrastructure development and every sector in India is moving ahead with the power of youth, he said.

“India is setting an example for the world when it comes to renewable energy and investment in India means – Investment in Inclusion, Investment in Democracy,” Modi said.

He also said that the world today is moving towards Industry 4.0 and Indian youth have formed over 100 unicorns. “Post-Covid pandemic, such achievements are of great importance,” he added.

Modi said operational airports in India have doubled in the last few years and many more are being constructed. Metro train facilities have spread from 5 cities to 20 cities now, he added.

Related articles

18 reasons why Modi is not a dictator but a saviour of India

Recently a social media influencer based in Germany made a YouTube video in which he criticized and labeled...

Tier 2 and 3 cities will define new modernity for India: Author Shashank Mani

The tier 2 and tier 3 cities are abode to majority of Indians, but often, this ‘middle’ of...

Is Feydhoo Finolhu Island in Maldives housing a Chinese military outpost?

China has been aggressively pushing its geopolitical strategy 'String of Pearls' in the Indian Ocean Region (IOR). Maldives is...

Man who put up ‘Gyanvapi Mandir’ sticker tortured by Varanasi police, implicated in false cases

In early February, it was reported that a man belonging in Varanasi, Uttar Pradesh, Roshan Pandey, who is...