India’s Economic Progress: PM Modi Highlights Achievements and Future Prospects
- GDP Growth: Prime Minister Narendra Modi disclosed a robust GDP growth of 7.7% in the initial six months of the ongoing fiscal year, attributing it to India’s economic strengthening.
- Transformative Reforms: PM Modi underscored the impact of transformative reforms implemented over the past decade, signaling a positive trajectory for the nation.
- Infinity Forum 2.0: The Prime Minister addressed the ‘Infinity Forum 2.0’ conference at the GIFT City in Gandhinagar, outlining his vision to transform it into a global hub for financial and technology services.
- Global Financial Hub: PM Modi envisions GIFT City as a global nerve center for new-age global financial and technology services, emphasizing its pivotal role in shaping the future of the financial landscape.
- Fintech Growth: India is positioned as one of the fastest-growing fintech markets globally. The GIFT International Financial Services Centre (IFSC) is emerging as a key player in this domain.
- Youth Talent: Modi highlighted India’s emergence as a global capacity center, crediting this success to the talent of the youth. He urged fintech experts to collaborate and innovate to address global challenges.
- Diverse Trade Facilities: The Prime Minister pointed out the diverse trade facilities available in the country today, showcasing multifaceted growth across sectors.
- IT Talent and Data Protection: India’s finance sector benefits from robust IT talent and stringent data protection laws, ensuring secure digital connectivity and bolstering confidence in the financial ecosystem.
- Aviation Sector Growth: PM Modi underscored the remarkable growth in the Civil Aviation sector, noting a doubling of airports in the last 10 years and a daily influx of four lakh passengers. He projected a promising future with plans to purchase 1000 aircraft in the coming years.
- UNESCO Recognition: Modi extended congratulations to the people of Gujarat for the inclusion of the state’s traditional Garba dance in UNESCO’s ‘Representative List of the Intangible Cultural Heritage of Humanity.’
In conclusion, Prime Minister Modi’s address reflects the positive trajectory of India’s economy, driven by transformative reforms, technological advancements, and a vision for global leadership in the financial and technology sectors. The nation’s achievements and future prospects mark a promising outlook for India on the world stage.
Eastern Zonal Council Meeting
- Leadership by Home Minister Amit Shah: Union Home Minister Amit Shah chaired the 26th Eastern Zonal Council Meeting in Patna, emphasizing the importance of cooperative federalism for comprehensive development.
- Participating States: The meeting included representatives from Bihar, Jharkhand, West Bengal, and Odisha, fostering collaboration for regional progress.
- Appeal for Cooperative Federalism: Minister Shah urged all members to embrace the spirit of cooperative federalism, emphasizing the need for a liberal and amicable approach to resolving longstanding issues.
- Success of the Eastern Zonal Council: Over the past nine years, the Eastern Zonal Council has successfully resolved more than 1,100 disputes through dialogue, showcasing its effectiveness in conflict resolution.
- Caste Census Concerns: Bihar Chief Minister Nitish Kumar raised the issue of a caste-based census, urging the Centre to conduct one. He emphasized its significance in ensuring justice for deprived classes and highlighted Bihar’s efforts for poverty alleviation based on socio-economic reports.
Also read: December 5 & 7