India is proud of its education, technical ties with Africa, says PM

Written by May 23, 2017 09:25

Gandhinagar, May 23: Prime Minister Narendra Modi today inaugurated the 52nd Annual Meeting of African Development Bank (AfDB) at Mahatma Mandir in Gadhinagar Gujarat

 

Highlights of PM’s speech:
– As an Indian and a Gujarati, I am very happy that this meeting is being held in India and in Gujarat: PM

– India has had strong ties with Africa for centuries: PM

– After assuming office in 2014, I have made Africa a top priority for India’s foreign and economic policy: PM

– Mahatma Gandhi perfected his tools of non-violence in South Africa. He later also visited Tanzania: PM

– India’s partnership with Africa is based on a model of cooperation which is responsive to the needs of African countries: PM

– I am proud to say that there is no country in Africa that has not been visited by an Indian Minister in the last three years: PM

– India is proud of its education and technical ties with Africa: PM

– From 1996 to 2016, Africa accounted for nearly one-fifth of Indian overseas direct investments: PM

– Africa & India trade has multiplied in the last 15 yrs and doubled in the last 5 years to US$ 72 billion in 2014-15: PM

– We are encouraged by the response of African countries to the International Solar Alliance initiative: PM

– Many of the challenges we face are the same: uplifting our farmers and the poor, empowering women: PM

– Our challenges also include ensuring our rural communities have access to finance, building infrastructure: PM

– India has in the last 3 years improved on all macro economic indicators. We have made big strides in development: PM

– By paying subsidies directly to the poor rather than indirectly through price concessions, we have achieved large fiscal savings: PM

– Many of the challenges we face are the same, uplifting our farmers and the poor & empowering women: PM

– Our aim is that India must be an engine of growth as well as an example in climate friendly development in the years to come: PM

– We have made unprecedented increase in capital investment in infra covering Railways, Highways, power & gas pipeline: PM

– By next year, no village in India will be without electricity: PM