NEW DELHI: In the midst of a huge global uncertainty, the “Indian Era” is here, which shows that trust in Bharat today is unique, and demonstrates that the nation’s self-confidence is exceptional, Prime Minister Narendra Modi said on October 4.
Addressing the third ‘Kautilya Economic Conclave 2024’ here, Modi said that this event is being held at a time when two major regions of the world are in a state of war. “These regions are crucial for the global economy, especially in terms of energy security,” he told the gathering.
Modi said: “We are number one in terms of global fintech adoption rates, number one in smartphone data consumption, and the second largest internet user base globally.”
“Nearly half of the world’s real-time digital transactions are taking place in Bharat today. Bharat now has the world’s third-largest start-up ecosystem. In terms of renewable energy capacity, Bharat is ranked fourth. When it comes to manufacturing, Bharat is the second-largest mobile phone manufacturer. Bharat is also the largest producer of two-wheelers and tractors,” he said.
The Government’s commitment is to continue making structural reforms to make Bharat a developed nation, he said.
“You can see this commitment in the work we have done in the first three months of our third term. Bold policy changes, a strong commitment to jobs and skills, a focus on sustainable growth and innovation, modern infrastructure, quality of life, and the continuity of rapid growth are reflected in the policies of our first three months,” Modi said. During this period, decisions amounting to Rs 15 lakh crore have been made, as work on numerous mega infrastructure projects has begun.