Prime Minister Narendra Modi on Saturday said that India’s economy recovered more strongly as compared to the impact it suffered due to the COVID-19 outbreak. He said that when big economies of the world were busy defending themselves during the pandemic, India was engaged in reforms.
“COVID-19 affected the economies of the entire world, including that of India. But our economy has recovered more strongly than it was halted by the pandemic,” Modi said while virtually addressing a gathering after inaugurating Sardhardham Bhavan here, a complex for providing training to job aspirants.
“When big economies of the world were busy defending themselves during the pandemic, we were carrying out reforms. When the global supply chains were disrupted, we introduced the PLI (production-linked incentive) scheme to turn new opportunities in favour of India,” Modi said.
This scheme has been extended to the textile sector now, he said, adding that the textile sector and cities like Surat can take maximum benefit of the scheme.
As per the data released by the National Statistical Office (NSO) on Tuesday, India’s economic growth surged to 20.1 per cent in the April-June quarter of this fiscal, helped by a low base of the year-ago period, despite a devastating second wave of COVID-19.
The gross domestic product (GDP) had contracted by 24.4 per cent in the corresponding April-June quarter of 2020-21.
The PLI scheme announced for 10 key sectors, including textile and automobiles by the Centre, is aimed at helping the country’s economy recover faster after the pandemic.
“We should look upon ourselves as global economic leader as in the 21st century, India does not have a scarcity of opportunities to make it big,” Modi said.
PM Narendra Modi’s speech at 76th UNGA – Here are key takeaways
Prime Minister Narendra Modi addressed the 76th United Nations General Assembly on Saturday in New York, he spoke on a host of issues including COVID-19 pandemic, terrorism, Afghanistan and climate change.
PM Modi’s address — fourth at the UNGA — comes straight from the Quad summit on Friday when he also held a bilateral meeting with US President Joe Biden at the White House.
PM made an emphatic case that “Democracy can deliver, democracy has delivered”. A child who sold tea at the age of 4, has got the opportunity to lead India – the mother of democracy, and address the UN 4 times. (This empowerment is one among the many miracles of Indian democracy)
India is one sixth of the world. Therefore when India grows the world grows. When India reforms the world transforms. Through various transformational development programmes, it is contributing to global development and ensuring that “no one is left behind”. India’s tech innovations are helping the world whether it be ensuring financial inclusion through UPI or improving vaccination drive in the fight against covid through cowin app.
Through “seva parmo dharm”, India has successfully overcome various constraints and innovated vaccines including the world’s first DNA vaccine. Also working on nasal vaccine and MNRA vaccine. This is possible through the hardwork of various stakeholders including scientists, doctors, front line workers etc. Invited all to come to India and partner in this noble mission.
Aatmanirbhar Bharat is aimed at expanding global value chains. India is a trustworthy and democratic partner for global industrial diversification
India is ensuring a balance between economy and ecology, and the world can take pride in India’s efforts to combat climate change.
PM Modi addresses the UN General debate. Here are the Key takeaways:
1. ‘India is known to be the mother of democracy’
2. ‘When India grows, the world grows’
3. ‘When India reforms, the world transforms’
4. ‘World has been grappling with worst pandemic’
5. PM Modi pays tribute to lives lost due to COVID-19
6. ‘Development should be all-pervasive, inclusive’
7. ‘India has brought 430 million to banking systems’
8. ‘India has built 30 million homes for homeless families’
9. ‘Every 6th person in the world is Indian’
10. ‘Oceans should not be used for expansion & exclusion’
11. ‘India is on a journey to provide clean & portable water’
12. ‘India developed world’s first DNA vaccine’
13. ‘India’s mRNA vaccine is in development stages’
14. ‘India has struck a balance between economy & ecology’
15. ‘India outperformed developed world on climate action’
16. ‘Emphasis on science bases approach to development’
17. ‘World faces a rising threat of extremism’
18. ‘No country should take advantage of Afghan crisis’
19. ‘Terrorism is an equal threat to nations using them’
Centre to make Rs 60,000 crore investment in J&K in next 2-3 years: Union MoS Rajeev Chandrashekhar
The Jammu and Kashmir government Saturday said the Centre has “formulated a plan to spend Rs 60,000 crores in the union territory alone in next 2 to 3 years” through which the UT “will see new circle of development prosperity”.
A government handout said the amount “will be utilized to create employment generating avenues, inspire youth to establish micro income generating units and boost local economy”.
These remarks were made by Union Minister of State for Skill Development Entrepreneurship and Information Technology Rajeev Chandrashekhar while addressing a gathering of ITI and polytechnic students in a convention cum seminar organized in his honor at ITI Complex Wadipora Budgam.
“I have observed and personally witnessed that the local youth of Kashmir are full of talent and skill. They need to be inspired, show interest in getting highly skilled training, be energetic as there are enormous opportunities of employment generation available,” the Minister said.
Chandrashekhar claimed, “about 8 lakh new jobs were created since 1st April 2020 to 30th April 2021 in IT and manufacturing sectors”.
” It is our mission, goal and solemn promise to strengthen the entrepreneurship diversification as it has a great economic prospects to absorb youth in various fields, ” he added.
The Minister appealed aspiring youth to “be committed, positive in approach and remain enthusiastic to realize and fulfill every dream”.
Principal Secretary Skill Development Department Dr Asgar Hassan Samoon, DC Budgam Shahbaz Ahmad Mirza, Director Skill Development Department, SSP Budgam, Principal ITI Budgam and other District Officers were present on the occasion.
The Minister said “ministers visiting UT of J&K have an objective to check the situation relating to developmental and other aspects on ground”.
“This is PM’s initiative and revolutionary first of its kind mission particularly for UT of J&K,” the Minister added.
Chandrasekhar further asserted, “We came here with professional objective and ambition to deliver, our visits shall emerge result oriented.”
The minister lauded concerned J&K authorities for the “enormous work done in skill development” even as he said more boost and push was needed in the sector.
“Budgam has potential and talent which they have showcased through incredible skills,” he added.
The Minister inspected automobile training centre of ITI Budgam besides the stalls installed by the skilled youth demonstrating and displaying manufacturing skills, talent and professionalism in respective art and trades.
Later, the Minister presided a meeting of officers convened at Conference Hall Budgam where a detailed review of each sector was under taken scheme wise. The DC Budgam through a detailed power point presentation presented developmental and welfare scenario of the District.
The Minister while going through the details appreciated the District Administration and its officials in achieving the given targets, despite facing inconveniences due to COVID 19 crisis and other circumstances. He impressed up on the District Administration to continue its engagements with same spirit, conviction and dedication.
He appreciated the “extreme professionalism shown by District Administration officials in implementation of centrally and state sponsored schemes under the able leadership of DC Budgam”.
District Budgam shall be pilot district for introduction of new skill development courses, the Minister announced.
He claimed the courses “will take district to next level of achievement”.
During the meeting various deputations from across the district including political representatives, PRI’s, school students, common citizens apprised the Minister about their issues and grievances verbally as well as by submitting memorandums.
As per the government handout, the minister patiently listened to all individuals /deputations and assured them of early redressal of all genuine issues. On the occasion the Minister also launched mobile application Aurzov (Healthcare mobile app.), Meri Awaaz (water bodies conservation), Covid Care service Budgam and e-Services Portal.
Centre to soon announce new cooperative policy: Amit Shah
Union Cooperation Minister Amit Shah on Saturday said the Centre will soon come out with a new cooperative policy and work in tandem with states to strengthen the cooperative movement.
Shah, who is also the Union Home Minister, also announced that the number of primary agriculture cooperatives (PACs) wil be increased to 3 lakh in the next five years. At present, there are about 65,000 PACs.
He was speaking at the first Sehkarita Sammelan or National Cooperative Conference here. The Ministry of Cooperation was formed in July this year.
Addressing the gathering comprising over 2,100 representatives of different cooperatives and nearly 6 crore online participants, Shah said some people wonder why the Centre created this new ministry as the cooperatives are a state subject.
Shah said there could be a legal response to it, but he does not want to “get into this argument”.
The Centre, he stressed, will cooperate with states and “there will be no friction”.
“We will work with all states to take forward the cooperative movement,” he said, and added the Ministry of Cooperation has been formed to strengthen and modernise the sector.
On the proposed new cooperative policy, Shah said a policy was brought in 2002 by the then Prime Minister Atal Bihari Vajpayee, and now the Modi government will start working on a new policy.
Stressing that the cooperative movement was more relevant today than ever, Shah said cooperatives can contribute a lot in the development of the country.
According to him, the cooperatives will play a crucial part in making India a USD 5 trillion economy.
Referring to the problems being faced by cooperatives on taxation front and other issues, Shah said he was aware of the concerns and assured that there would be no injustice towards them.
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