Prioritizing policies becomes evident in their outcomes, emphasized Prime Minister Modi.....
Prioritizing policies becomes evident in their outcomes, emphasized Prime Minister Modi at the InFinity Forum.
During his virtual address at the second edition of the InFinity Forum, Prime Minister Narendra Modi highlighted India's growth story as a testament to the positive outcomes achieved through prioritizing policy.
In his Saturday address, the Prime Minister emphasized, "Today, the growth story of India has shown to the world what outcomes are achieved when policy is given the utmost priority, when good governance is strongly ensured, and the country and countrymen form the base of the economic policy."
Addressing India's leadership role in the Global South, PM Modi mentioned an earlier statement by the Australian Prime Minister, stating, "The Australian PM, earlier in March, said that India is in a strong position to give leadership to the Global South."
He also noted the acknowledgment by the World Economic Forum regarding the reduction of red-tapism in India, creating a more favorable investment environment. PM Modi stated, "A few weeks ago World Economic Forum said that red-tapism has decreased in India and there is a better environment for investment. Today, the whole world is looking at India with hopes and expectations."
Praising the government's decade-long reforms, the Prime Minister asserted, "Today the whole world has expectations from India, and this has not happened just like that. The reason behind this is its strengthening economy and the transformative reforms being undertaken for the last 10 years."
Acknowledging the global challenge of climate change, PM Modi affirmed India's awareness and commitment to addressing environmental concerns. He stated, "One of the biggest challenges facing the world today is climate change. We are conscious that India, being one of the largest economies in the world, does not underestimate these concerns."
Commenting on the Gujarat International Finance Tec-City (GIFT City), PM Modi expressed confidence in its role in shaping 21st-century economic policies and commended India's emergence as one of the fastest-growing FinTech markets globally.
In addition, the Prime Minister congratulated Gujarat on UNESCO's recognition of the traditional dance Garba as intangible cultural heritage, stating, "Recently, Gujarat's traditional dance Garba has been included in the intangible cultural heritage by UNESCO. This is a huge achievement in itself. Gujarat's success is the country's success."
The InFinity Forum, organized by the International Financial Services Centres Authority (IFSCA), serves as a flagship event focusing on financial technology, policy, business, and technology, aiming to develop global solutions and opportunities for the intersection of finance and technology.
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