PM Narendra Modi in World Economic Forum at Davos: ‘Best time to invest in India’

Prime Minister Narendra Modi gave a special ‘State of the World’ address in the Davos agenda of the World Economic Forum, which is being held virtually. “Entrepreneurial spirit among Indians, ability to adopt new technology, can give new energy to each of our global partners. So this is the best time to invest in India,” he said.

India is working on signing free trade agreements with several countries, Indian Prime Minister Narendra Modi said during his “State of the World” address at the World Economic Forum’s Davos summit.

PM Modi also discussed India’s massive vaccination program, ease of doing business, and other important issues on the world stage.

Here is a brief overview of PM Narendra Modi’s speech

1) “Bouquet of hope to the world..”: “India has given a bouquet of hope to the world which includes belief in democracy, technology and talent to empower the 21st century”
2) On the Covid wave: “India is fighting another COVID-19 wave with utmost vigilance and caution while maintaining economic growth”
3) Right way of reforms: “India focused on reforms the right way, global experts have praised India’s decisions and we will live up to the world’s expectations”
4) On ease of doing business: “India was once known for license raj, today we are encouraging ease of doing business, reducing government involvement in businesses”
5) On Vaccine Aid: “India followed the vision of ‘One Earth, One Health’ and provided medicines, vaccines to many countries during COVID-19”
6) On investment: This is the best time to invest in India. On our way to make India self-reliant, our focus is not only on easing processes, but also on encouraging investment and production.