Speaking at the
3rd Annual Bloomberg New Economy Forum Nov 17 via video conferencing, the Prime
Minister said “If you are looking to invest in urbanisation, India has exciting
opportunities for you. If you are looking to invest in mobility, India has exciting
opportunities for you. If you are looking to invest in innovation, India has
exciting opportunities for you. If you are looking to invest in sustainable
solutions, India has exciting opportunities for you.
A business friendly climate. A huge market
opportunities come along-with a vibrant democracy. A business friendly climate.
A huge market. And a government which shall leave no stone unturned to make
India a preferred global investment destination.”
A good starting point would be the rejuvenation of our urban centers
The pandemic has
given us an opportunity to develop new protocols in every field. “This
opportunity should be grabbed by the world if we want to develop resilient
systems for the future. We should think about post COVID requirements of the
world. A good starting point would be
the rejuvenation of our urban centers”, The Prime Minister added.
Our biggest resource is our people
Dwelling on the
theme of rejuvenation of the urban centres the Prime Minister emphasized the
centrality of the people in the recovery process. Terming people as the biggest
resources and the communities as the biggest building block, the Prime Minister
said “the pandemic has re-emphasised that our biggest resource, as societies
and as businesses, is our people. The
post-Covid world has to be built by nurturing this key and fundamental
“It has been our endeavour in India
to build urban centres, which
have the amenities of a city but the spirit of a village,”Modi said.
He informed the
forum about the recent initiatives for revitalizing the Indian urban landscape
such as Digital India, Startup India, affordable housing, Real Estate
(Regulation) Act and Metro Rail in 27 cities. “We are on track to deliver close
to 1000 kms of Metro Rail system in the country by 2022,” the Prime Minister
informed the forum.
The Prime Minister said “we
have selected 100 Smart Cities through a two-stage process. It was a nationwide competition upholding
the philosophy of cooperative and
competitive federalism. These cities have prepared projects worth almost
two lakh crore rupees or 30 billion dollars. And projects worth almost one lakh
forty thousand crore rupees or 20 billion dollars have been completed or