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Link your personal goals with that of country: PM Modi tells Hyderabad B-school graduates

| @indiablooms | May 27, 2022, at 01:31 am

Hyderabad/IBNS: Prime Minister Narendra Modi Thursday participated in the celebration of the completion of 20 years of Indian School of Business (ISB) Hyderabad and addressed the graduation ceremony of the PGP Class of 2022.

At the outset, the Prime Minister paid tributes to those who have contributed to taking the institute to its current glory.

He recalled that former Prime Minister Atal Bihari Vajpayee dedicated this institution to the country in 2001.

"Since then, more than 50 thousand executives have passed out from ISB. Today ISB is among the top business schools in Asia. Professionals passed out from ISB are helming top companies and giving momentum to the county’s business," said PM Modi.

"Students from here have created hundreds of startups and played a role in creating unicorns. This is an achievement of ISB and a cause of pride for the entire country," he said.

The Prime Minister noted that today India is the fastest growing economy in the group of G20 countries.

"In the case of Smartphone Data Consumer, India is at number one. If we look at the number of Internet users, then India is second in the world," claimed Modi.

He said India is also second in the world on the Global Retail Index.

"The world's third-largest startup ecosystem is in India. The world's third-largest consumer market in India. India is emerging as a major centre of growth today. Last year, the highest ever recorded FDI came into India. Today the world is realising that India means business," said a visibly proud Prime Minister.

The Prime Minister pointed out that often Indian solutions are being implemented globally.

Therefore, “today on this important day, I would like to ask you to link your personal goals with the goals of the country," he said.

The Prime Minister said that the need for reform was always felt in the country, but there was always a lack of political willpower.

"Due to the continuous political instability in the last three decades, the country has seen a lack of political willpower for a long time. Because of this, the country stayed away from reforms and from taking big decisions. Since 2014, our country is seeing political will and also, and reforms are being done continuously," he said.

"Public support and popular support are assured when reforms are undertaken with determination and political will," he added.

He gave the example of the adoption of digital payments among people.

The Prime Minister said that the resilience and strength of the health sector were proved during the pandemic.

"Regarding the Covid vaccines, concerns were being raised here whether foreign vaccines would be available or not. But India developed its own vaccines. A lot of vaccines have been made and in India, more than 190 crore doses have been administered. India has also sent vaccines to more than 100 countries in the world," the PM informed.

He also talked about the expansion of medical education.

PM Modi also noted that bureaucracy has also made firm contributions in the reform process. 

He credited the people's participation in the success of the government’s scheme and said that when people cooperate, quick and better results are assured.

In the system now, government reforms, bureaucracy performs and people’s participation leads to transformation, the PM said.

He asked the ISB students to study this mechanism of reform, perform and transform.

The Prime Minister cited the biggest reason that after 2014 we are seeing a phenomenal performance in every sport is due to the confidence of our athletes.

He added that confidence comes when the right talent is discovered when there is handholding of talent when there is a transparent selection and a better infrastructure is available for training, and competition.

"We can see transformation in sports due to reforms like Khelo India and the TOPS scheme right in front of our eyes," he added. 

On the business front, he stressed the need to give more opportunities to small businesses and help them in connecting with the new local and global markets.

Underlining their immense potential, the Prime Minister stressed that to make India future-ready, "we have to ensure that India becomes self-reliant".

He saw a great role for students from institutions like ISB. “All you business professionals have a big role in this. And this will be a great example of service to the country for you," he concluded.

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