Close X
Saturday, October 5, 2024
ADVT 
India

My Priorities Are Growth, Jobs: Modi To Investors

Darpan News Desk IANS, 03 Feb, 2015 12:17 PM
    Prime Minister Narendra Modi Tuesday said his priority was for India to establish global benchmarks in areas such as governance, transparency and taxation.
     
    Interacting over dinner with participants of the BlackRock India Investor Summit, Modi said the priority of his government was "growth and jobs".
     
    The prime minister said there was rising interest in India, and "we have to accept that responsibility".
     
    Modi said infrastructure development was one of the best routes to create jobs for the youth.
     
    He said India requires both expansion and upgradation of its infrastructure, and that the railways could become a growth engine for the economy.
     
    Modi also said the goal of affordable housing for all by 2022, would in itself, provide a huge boost for the economy.
     
    He said the government was focusing on skill development that would fulfil not just the Indian requirement, but also the global requirement.
     
    In terms of the education system, he said the best in the world should be there in India as well.
     
    Modi said he wanted India to have a skill development programme that focuses on both job-creators and job-seekers.
     
    The prime minister said he believes in a fair, predictable and consistent tax system, and in economic policies that will drive growth, according to an official statement.
     
    Twenty one major global investors participated in the India Investor Summit earlier in the day.
     
    The list of institutional investors included asset managers, insurers, pension funds, and official institutions.
     
    The prime minister congratulated Laurence Fink, chairman and CEO of American multinational investment management firm BlackRock, and the finance ministry for organising the summit.
     
    Union ministers Arun Jaitley, Nitin Gadkari, Suresh Prabhu, Dharmendra Pradhan, Piyush Goyal and Jayant Sinha were present at the dinner.
     
    Fink had met Modi during the prime minister's US visit in September.
     
    He had then told Modi that his company would be very keen to host a global investors meet in India in 2015.
     
    Fink made this offer in response to Modi's call for investments.

    MORE India ARTICLES

    India being looked at with renewed respect, enthusiasm: Modi

    India being looked at with renewed respect, enthusiasm: Modi
    In a report card to citizens on his 10-day, three-nation visit during which he met 38 world leaders, Prime Minister Narendra Modi Friday said this country of 1.25 billion...

    India being looked at with renewed respect, enthusiasm: Modi

    Bullet-proof Enclosure, Swimming Pool: A Peek Into The Unholy World Of Baba Rampal

    Bullet-proof Enclosure, Swimming Pool: A Peek Into The Unholy World Of Baba Rampal
    Holy men do not need bullet-proof enclosures or SUVs. Nor do they need swimming pools for personal luxury or tonnes of rations that could sustain hundreds of people for months. Or gym equipment, flat-screen TVs, split air-conditioners, massage therapy beds and big personal lockers. 

    Bullet-proof Enclosure, Swimming Pool: A Peek Into The Unholy World Of Baba Rampal

    From Bhutan To Brazil, They Come To Learn English In India

    From Bhutan To Brazil, They Come To Learn English In India
    From Indian bureaucrats to executives from as many as 87 countries around the world, when it comes to gaining proficiency in English, it is not England they go to but India.

    From Bhutan To Brazil, They Come To Learn English In India

    New Common Natural Gas Rate Across Province Will Mean Savings: FortisBC

    New Common Natural Gas Rate Across Province Will Mean Savings: FortisBC
    SURREY, B.C. — Energy utility FortisBC is preparing to introduce a common provincial rate for natural gas, resulting for some customers in annual savings of more than $200.

    New Common Natural Gas Rate Across Province Will Mean Savings: FortisBC

    India, Australia agree on new security cooperation framework

    India, Australia agree on new security cooperation framework
    India and Australia Tuesday marked a new synergy in bilateral relations as they agreed on a framework for security cooperation to boost defence, civil nuclear...

    India, Australia agree on new security cooperation framework

    Violence as police move to arrest sect leader Rampal, scores hurt

    Violence as police move to arrest sect leader Rampal, scores hurt
    A much delayed move by the Haryana government to use force to arrest controversial sect leader Rampal from his Satlok Ashram near Barwala Tuesday...

    Violence as police move to arrest sect leader Rampal, scores hurt