Prime Minister’s First Keynote Speech On Economy After Unlock1: Highlights

This is Prime Minister Modi’s first speech after the Unlock1 government announcement on Saturday. (Proceedings)

New Delhi:

Prime Minister Narendra Modi addresses the annual session of the main industrial body, the Confederation of Indian Industry, this morning, his first major speech on economic-related issues since the government announced a gradual plan to reopen the country after two months of blockade to combat the spread of the coronavirus.

His office tweeted this morning: “At 11 am today, Prime Minister @narendramodi will address the # CIIAnnualSession2020. He will speak on the topic:” Growth Recovery. “After Unlock-1 has been announced, this would be the prime minister’s important speech on aspects related to the Indian economy. ”

Here are the highlights of his speech.

  • “These types of online events have become the new normal during the pandemic.”
  • “I have faith in India’s innovation, the industry leaders, all of you. India will regain its growth.”
  • “The coronavirus may have slowed us down. But the reality is that today India has entered Unlock1. Regaining growth has already begun.”
  • “We took the right steps at the right time. We not only made preparations for physical resources, but we also tried to save human resources.”
  • “Strengthening India by strengthening the economy amidst the COVID-19 fight is one of our top priorities.”
  • “To get India back on track for accelerated growth, five things are very important: intention, inclusion, investment, infrastructure, innovation.”
  • “For us, the reforms mean having the courage to make bold decisions and then ensuring that they are implemented on a temporary basis. We have been continuously working to create a favorable environment for investment and business.”
  • “Today, possibilities have been opened for private actors in the space sectors, the atomic sectors. Their participation in strategic sectors has become a reality.”
  • “We are trying to maximize opportunities for MSMEs. To understand government decisions, we have to understand the global situation.”

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Cory Weinberg

About the Author: Cory Weinberg

Cory Weinberg covers the intersection of tech and cities. That means digging into how startups and big tech companies are trying to reshape real estate, transportation, urban planning, and travel. Previously, he reported on Bay Area housing and commercial real estate for the San Francisco Business Times. He received a "best young journalist" award from the National Association of Real Estate Editors.

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