Despite the world going through a phase of \u2018Global crisis\u2019, the world considers India as a \u201cbright spot\u201d as we continue our initiatives to strengthen the fundamentals of our economy, Prime Minister Narendra Modi said during his virtual address in Karnataka.
\n\u201cAlthough it is a time of global crisis, economists and experts across the world are describing India as a bright spot. We continue to work on our fundamentals to strengthen our economy. The free trade deals that have been signed give the world a glimpse of our preparedness,\u201d PM Narendra Modi said during his virtual inaugural address of Invest Karnataka 2022 Summit.
\nHe said that India has eased the investments by rationalising the laws instead of making them more stringent.
\n\u201cWe\u2019ve freed our investors from red tapism and given them a red carpet of opportunities. We encouraged them in various sectors that were earlier closed to private investments such as defence, drones, space and geospatial mapping,\u201d PM Modi said adding that the New India now focuses on bold reforms, big infrastructure, and the best talent in the country.
\nTalking further, the Prime Minister said that India has set up a benchmark for the world when it comes to renewable energy as \u201cour potency for renewable energy increased three folds in the last eight years and that of Solar energy up to 20 times.\u201d
\nRemarking that the investment in India means \u201cInvestment for the Inclusion, Democracy, World, a better and a cleaner-safer planet,\u201d PM Modi lauded the youth of the country stating that the nation is moving forward with its attempts.
\n\u201cThe youth of India has made more than 100 unicorns here and in the last eight years, they have successfully launched more than 80 thousand new startups,\u201d he added mentioning the aim of the PM-GatiShakti National Master Plan.
\nHe said that the PM-GatiShakti NMP aims at \u2018integrated infrastructure development\u2019 in the country.
\nIn his address, PM Modi also praised Karantaka and the \u201cdouble engine government\u201d here for making it possible for setting up business startups.
\n\u201cIt is the place where there is both tradition and technology along with a unique confluence of nature and culture. When we talk of talent and technology, the first thing that comes to mind is the brand Bengaluru, which has now been established worldwide,\u201d he said.
\nThe Invest Karnataka 2022, Global Investors Meet is a three-day programme and has more than 80 speaker sessions aiming at attracting prospective investors and setting up a development agenda for the next decade.
\nAccording to a previously released official statement by the PMO, the speakers available at the programme included some of the top industry leaders including Kumar Mangalam Birla, Sajjan Jindal, and Vikram Kirloskar among others. Along with this, a number of business exhibitions with more than three hundred exhibitors, and country sessions would run parallelly.
\nThe global scale of the event is expected to give Karnataka an opportunity to showcase its culture to the world as well.<\/p>\n","protected":false},"excerpt":{"rendered":"
Despite the world going through a phase of \u2018Global crisis\u2019, the world considers India as a \u201cbright spot\u201d as we continue our initiatives to strengthen the fundamentals of our economy, Prime Minister Narendra Modi said during his virtual address in Karnataka. \u201cAlthough it is a time of global crisis, economists and experts across the world […]<\/p>\n","protected":false},"author":5,"featured_media":2773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,13,14],"tags":[],"class_list":["post-2772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-latest-news","category-national"],"_links":{"self":[{"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/posts\/2772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2772"}],"version-history":[{"count":1,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/posts\/2772\/revisions"}],"predecessor-version":[{"id":2774,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/posts\/2772\/revisions\/2774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=\/wp\/v2\/media\/2773"}],"wp:attachment":[{"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jammukashmirhighlights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}