Close X
Friday, October 4, 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

    Obama Arrives In India On January 25, Talks To See 'Substantive Outcomes'

    Obama Arrives In India On January 25,  Talks To See 'Substantive Outcomes'
    Obama, who is arriving on the invitation of Prime Minister Narendra Modi, who he has called a "man of action", would arrive on Air Force One at 10 a.m. to a flurry of activities, which would culminate in a visit to Agra to see the Taj Mahal.

    Obama Arrives In India On January 25, Talks To See 'Substantive Outcomes'

    Gangster Sukhbir Singh Kahlwan Shot Dead By Rival Gang In Punjab Police Custody, Officials Shifted

    Gangster Sukhbir Singh Kahlwan Shot Dead By Rival Gang In Punjab Police Custody, Officials Shifted
    The day-light gunning down of a notorious gangster by a rival gang while he was being escorted by a Punjab Police team in the state's Phagwara town, has led to disciplinary action against senior police officials.

    Gangster Sukhbir Singh Kahlwan Shot Dead By Rival Gang In Punjab Police Custody, Officials Shifted

    BJP Is Exactly Opposite To What Bedi Stands For: Arvind Kejriwal

    BJP Is Exactly Opposite To What Bedi Stands For: Arvind Kejriwal
    AAP leader and former Delhi chief minister Arvind Kejriwal has said he sees an inherent contradiction between what Kiran Bedi, BJP's presumptive chief ministerial candidate, was known to have stood for and the values and principles of the party she now represents.

    BJP Is Exactly Opposite To What Bedi Stands For: Arvind Kejriwal

    Indian Designers Picture Michelle Obama In A Sari

    Indian Designers Picture Michelle Obama In A Sari
    A navy blue knee-length dress, an off-shoulder gown or a floral dress - the First Lady of the US has worn them all. But on her forthcoming visit to India, desi designers wish she drapes different styles of the six-yard wonder - whether chiffons or traditional Benarasi weaves.

    Indian Designers Picture Michelle Obama In A Sari

    Bengaluru Rated Most Liveable City In India

    Bengaluru Rated Most Liveable City In India
    A leading international rating agency has certified Bengaluru as the most liveable location in India, followed by Mumbai and Chennai.

    Bengaluru Rated Most Liveable City In India

    After Flak, McDonald's In Pune Now Serve Street Kids

    After Flak, McDonald's In Pune Now Serve Street Kids
    When the pompous staff at a McDonald's in Pune evicted an eight-year-old street boy from its premises recently, they may not have anticipated the fallout.

    After Flak, McDonald's In Pune Now Serve Street Kids