December 12, 2024 17:34 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked

We must reform to transform : Modi says at ASEAN summit

| | Nov 21, 2015, at 05:37 pm
#We must reform to transform # Modi says at ASEAN summit # India # Prime Minister # Narendra Modi
Kuala Lumpur, Nov 21 (IBNS) Reform is a way station on the journey to the destination which is transformation of India, Prime Minister Narendra Modi said on Saturday.
"We asked ourselves the question - Reforms for what?  What is the aim of reform? My answer is clear: we must Reform To Transform," he said while  addressing ASEAN Business Investment Summit in Kuala Lumpur.

"Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," Modi said.

The Prime Minister said when his government took charge nearly 18 moths ago, India faced many challenges at that time. But by almost every major economic indicator, India is now doing better, he added.

"GDP growth is up and inflation is down. Foreign investment is up and the CAD is down. Tax revenues are up and interest rates are down...Macro-economic stability is good. But to transform India, much more needs to be done," Modi said.

The Prime Minister said India has launched second wave of reforms to  re-vitalize the flow of investments and steps are being taken to further open up the economy.

He assured the ASEAN countries that India is committed to protect IP Rights of innovators. A National IPR policy is expected by end of the year.

"Going further, I want to assure you that India is committed to protect Intellectual Property Rights of all innovators."

Inviting ASEAn investors to come and experience the changes in India Modi said the country has immense opportunities.

"I invite you to come and see the winds of change in India. Winds do take time to cross the borders. That is why I am here to invite you," he said.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
IN IMAGES: ISKCON members protest in Kolkata demanding release of arrested leader in Bangladesh
IN IMAGES: ISKCON members protest in Kolkata demanding release of arrested leader in Bangladesh Nov 30, 2024, at 12:21 am
IN IMAGES: Muslims led by West Bengal Jamiat-e-Ulama protest against Waqf Amendment Bill in Kolkata
IN IMAGES: Muslims led by West Bengal Jamiat-e-Ulama protest against Waqf Amendment Bill in Kolkata Nov 29, 2024, at 04:37 am
IN IMAGES: Hindu Jagran Manch holds protest march in Kolkata against ISKCON monk’s arrest in Bangladesh
IN IMAGES: Hindu Jagran Manch holds protest march in Kolkata against ISKCON monk’s arrest in Bangladesh Nov 29, 2024, at 03:27 am