The Prime Minister delivered the inaugural address at the 125 th Annual Session of
Confederation of Indian Industries (CII) through video conference today. The theme of this
years annual conference is “Building India for a New World : Lives, livelihood, growth”
Speaking on the occasion, Prime Minister Shri Narendra Modi said such online events are
becoming the new normal due to Corona. This is also the biggest strength of human beings
that makes a way out of every difficulty, he added. He said, “On the one hand, we have to
take strict steps to fight this Virus and save the lives of the countrymen and on the other hand we have to stabilize the economy and speed it up.”
He urged the industry to go beyond it and said “Yes! We will definitely get our growth back.” Innovation and Intellect of India, in the Farmers of India, MSME’s, Entrepreneurs makes him confident about getting the growth back. PM said Corona may have slowed down the speed of the growth, but today the biggest fact is that India has overtaken the lockdown phase and entered in the Un-Lock Phase one. A large part of Economy has opened in Un-Lock Phase one. A lot is going to open after 8 th June. Getting Growth Back has started, he added.
Prime Minister listed 5 things which are very important to build a Aatmanirbhar Bharat and
to bring India back on the path of rapid development, viz. Intent, Inclusion, Investment,
Infrastructure and Innovation. These are reflected in the bold decisions taken by the
Government recently, he added. He also said that many sectors have been made ready for the future.
The Prime Minister further said that the government is also doing such policy reforms which
the country had given up hope. In the agriculture sector, the Prime Minister said the rules and regulations made after independence, left the farmers in the hands of middlemen. After amendment in Agricultural Produce Market Committee (APMC) Act, now farmers have the right to sell to anyone, in any state of the country. The PM said that labour reforms are being done to increase employment opportunities, keeping the welfare of our workers in mind. Non-strategic sectors in which the private sectors were not allowed, have also been opened. Commercial mining is now allowed in the coal sector, he added. Prime Minister said “In the direction the government is moving, be it our mining sector, energy sector, or research and technology, industry will also get opportunities in every field, and new opportunities will also open for youths. Going beyond all this, now the participation of private players in the strategic sectors of the country is also becoming a reality. Whether you want to invest in the space sector, or want to explore new opportunities in atomic energy, the possibilities are completely open for you.”