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India gave priority to saving lives during Covid pandemic, says PM Modi at FICCI convention

In the match of 20-20 we saw a lot of things changing rapidly. But 2020 baffled everyone. The nation & entire world saw a lot of ups & downs, said PM Modi

LIVE: PM Modi inaugurates the 93rd AGM of FICCI

New Delhi: Prime Minister Narendra Modi delivered the inaugural address at FICCI’s 93rd Annual General Meeting (AGM) and Annual Convention via video conferencing.

According to the Prime Minister’s Office (PMO), the theme of this year’s Annual Convention is “Inspired India”. The event will see the participation of several ministers, bureaucrats, captains of industry, diplomats, international experts, and other leading luminaries.

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HIGHLIGHTS:

# Our economy doesn’t need hurdles between sectors, but bridges to support each other. In the last few years, we’ve made reforms to break all such hurdles: PM Modi

# In a vibrant economy, when a sector grows, it has a direct influence of other sectors as well. Reforms that we’re doing are removing all such needless frameworks. The agriculture sector is one such example: PM Modi

# India’s corporate tax is among the most competitive in the world. We’re also one of the few countries that have faceless assessment and faceless appeal facility. We’ve left behind the era of Inspector Raj and tax terrorism: PM Modi

# India’s private sector can not just fulfill our domestic needs, but also can create a global image for itself. Aatma Nirbhar Bharat Abhiyan is a vision to make quality products in India and make Indian industries competitive: PM Modi

# The country that saves most of its citizens during a global pandemic is capable of rebounding in all other sectors. India preferred saving lives and the world is seeing results. The entire country took several key steps together in fighting the pandemic: PM Modi

# The economic indicators are raising hopes today. The country has learnt a lot during difficult times and it has given our aspirations even more strength. A lot of credit goes to our entrepreneurs, our youth, our farmers and all Indians: PM Modi

# By December, the situation has changed. We have answers as well as a roadmap. The economic indicators today are encouraging. The things learnt by the nation at the time of crisis have further strengthened the resolutions of future: PM Modi

# When the pandemic began in February-March, we were fighting against an unknown enemy. There were a lot of uncertainties – be it production, logistics, revival of economy – there were multiple issues. The question was, how long will this go on? How will things improve?: PM Modi

# In the match of 20-20 we saw a lot of things changing rapidly. But 2020 baffled everyone. The nation & entire world saw a lot of ups & downs. When we’ll think of Corona period a few yrs later, perhaps we won’t be able to believe it. It’s good that things are improving swiftly: PM Modi

The Prime Minister will also inaugurate the virtual FICCI (Federation of Indian Chambers of Commerce and Industry) Annual Expo 2020 on the same day. The FICCI Annual Expo 2020 will start from December 11 and continue for a period of one year.

 

The convention will witness various stakeholders deliberating on implications of Covid-19 on the economy, reforms being undertaken by the government and the way forward for the Indian economy.

Modi - Agra metro

The virtual expo will provide an opportunity to exhibitors from across the globe to showcase their products and advance their business prospects.