Tag Archives: Prime Minisetr Narendra Modi

The enemies of India have seen the fire and fury of our Forces: PM

Newsroom24x7 Network

Prime Minister Narendra Modi visits Army hospital, in Ladakh on 3 July, 2020.

* Due to the exemplary bravery of our Armed Forces in the recent weeks, the world has taken note of India’s strength
* India’s commitment to peace should not be seen as India’s weakness
* Era of expansionism is over, this is the era of development
* Expenditure on border infrastructure has been enhanced three times

–Narendra Modi, Prime Minister of India

Prime Minister Narendra Modi addressing the Indian troops, during his visit to Nimu in Ladakh on 3 July, 2020.

Leh (Ladakh): Prime Minister Narendra Modi travelled to Nimu in Ladakh to interact with Indian troops earlier on Friday 3 July 2020. Nimu is surrounded by the Zanskar range and is on the banks of river Indus. The Prime Minister met the top leadership of the Indian Army and later interacted with personnel of the Army, Air Force and ITBP.

Tribute to the valour of the soldiers

Prime Minister Narendra Modi paying tributes to the valour of the soldiers, during his visit to Nimu in Ladakh on 3July, 2020.

Paying rich tributes to the valour of the Indian Armed Forces, the Prime Minister said their courage and devotion to Mother India is unparalleled. He stated that Indians can go about their lives peacefully because they know that our Armed Forces are standing firm and protecting the nation.

The Prime Minister said that due to the exemplary bravery of the Armed Forces in the recent weeks, the world has taken note of India’s strength.


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Remembering the sacrifice at Galwan Valley

Prime Minister remembered all the proud sons of Mother India who made the supreme sacrifice at the Galwan Valley. He said that those who were martyred belong to all parts of India and epitomize our land’s ethos of bravery.

He affirmed that be it Leh-Ladakh, Kargil or the Siachen Glacier, be it the high mountains or the icy cold water that flows in the rivers, these are testimony to the gallantry of India’s Armed Forces. The enemies of India have seen the fire and fury of our forces, said the Prime Minister.

Prime Minister also paid homage to two Matas: to Mother India and to the Mothers of all the brave soldiers and security forces of India who serve India with full devotion.

Our commitment to peace is not our weakness

Prime Minister spoke at length about how the virtues of peace, friendship and courage have been a part of India’s culture since times immemorial. He recalled that India has always given a befitting reply to anyone who has tried to disturb the atmosphere of peace and progress.

He affirmed that India is committed to peace and friendship but this commitment to peace should not be seen as India’s weakness. Today India is becoming stronger, be it in naval might, air power, space power and the strength of our Army. Modernization of weapons and upgradation of infrastructure has enhanced our defence capabilities manifold.

Prime Minister recalled that Indian soldiers had a long history of bravery and competence in global military campaigns, including in the two World Wars.

Era of development

Prime Minister said that the time for expansionism is over. This is the era of development. He recalled that it is this mindset of expansionism that has done great harm.

Modi said that in the last few years, several steps have been taken for the wellbeing of India’s forces and furthering India’s security preparedness. This includes ensuring availability of modern weaponry, increased border infrastructure, border area development and expansion of the road network. He further said that expenditure on border infrastructure has been enhanced three times.

Prime Minister also talked about the efforts to strengthen the national security apparatus and to ensure the well-being of our armed forces. He highlighted recent initiatives of the government such as creation of CDS, construction of a grand National War Memorial, fulfilment of OROP after decades and steps to ensure the well-being of the families of the armed forces personnel.

Culture of Ladakh

During the interaction, Prime Minister recalled the greatness of Ladakh’s culture as well as the noble teachings of Kushok Bakula Rimpoche. He described Ladakh as a land of sacrifice and a land that has given several patriots.

Prime Minister affirmed that the people of India are inspired by the teachings of Gautama Buddha, for whom courage was linked to conviction and compassion.

Asia-Africa Growth Corridor will be a win-win for Africa, Japan and India

Newsroom24x7 Staff

Prime Minister Narendra Modi at the opening ceremony of the Annual Meeting of the African Development Bank in Gandhinagar,Gujarat on May 23, 2017

At the African Development Bank annual meetings in Gandhinagar, perhaps the most significant development was AAGC – the Asia-Africa Growth Corridor, a win-win for Africa, Japan and India. -Shailesh Pathak, CEO, CityInfra Capital and B20 Infrastructure member

Gandhinagar: Prime Minister Narendra Modi added a new chapter to Indo-African friendship and economic cooperation when he said in his speech at the inauguration of the Annual Meeting of the African Development Bank (AfDB) here on 23 May 2017 that India’s partnership with Africa is based on a model of cooperation which is responsive to the needs of African countries. It is demand-driven and free of conditions.

The theme of the African Development Bank (AfDB) meeting was “Transforming Agriculture for wealth creation in Africa”. This is an area where India and the Bank can fruitfully join hands. I have already mentioned the Cotton Technical Assistance Programme.

As one plank of this cooperation, the Prime Minister said India extends lines of credit through India’s Exim Bank. 152 credits have been extended to 44 countries for a total amount of nearly 8 billion dollars. During the Third India-Africa Forum Summit, India offered 10 billion dollars for development projects over the next five years. We also offered grant assistance of 600 million dollars.

Africa-India trade has multiplied in the last fifteen years, the Prime Minister said adding it has doubled in the last five years to reach nearly seventy-two billion US dollars in 2014-15. India’s commodity trade with Africa in 2015-16 was higher than our commodity trade with the United States of America.

India is also working with United States and Japan to support development in Africa, the Prime Minister addnounced at the meeting and recalled his detailed conversation with Japanese Prime Minister Abe during his visit to Tokyo. During that meeting the two leaders had discussed their commitment for enhancing growth prospects for all. In their joint declaration, they mentioned an Asia Africa Growth Corridor and proposed further conversations with the African Fraternity.

Indian and Japanese research institutions have come up with a Vision Document, the Prime Minister said and congratulated RIS, ERIA and IDE-JETRO for their efforts in putting it together. This was done in consultation with think tanks from Africa. The idea is that India and Japan, with other willing partners, would explore joint initiatives in skills, health, infrastructure, manufacturing and connectivity, Modi disclosed.

The Prime Minister further said: “Our partnership is not confined to Governments alone. India’s private sector is at the forefront of driving this impetus. From 1996 to 2016, Africa accounted for nearly one-fifth of Indian overseas direct investments. India is the fifth largest country investing in the continent, with investments over the past twenty years amounting to fifty four billion dollars, creating jobs for Africans.

We are encouraged by the response of African countries to the International Solar Alliance initiative, which was launched at the UN Climate Change Conference in Paris in November 2015. The Alliance is conceived as a coalition of countries rich in solar resources, to address their special energy needs. I am happy to note that many African countries have extended their support to this initiative.

As a founder of the New Development Bank, popularly called the “BRICS bank”, India has consistently supported establishment of a Regional Centre in South Africa. This will provide a platform to promote collaboration between NDB and other development partners including the African Development Bank.

Many of the challenges we face are the same: uplifting our farmers and the poor, empowering women, ensuring our rural communities have access to finance, building infrastructure. We have to do these within financial constraints. We have to maintain macro-economic stability so that inflation is controlled and our balance of payments is stable. There is much for us to gain by sharing our experiences on all these fronts. For example, in our push to a less-cash economy, we have learnt from the great strides that African countries like Kenya have made in the area of mobile banking.

I am happy to share that India has, in the last three years, improved on all macro-economic indicators. The fiscal deficit, balance of payments deficit, and inflation are down. The GDP growth rate, foreign exchange reserves and public capital investment are up. At the same time, we have made big strides in development.

India joined the African Development Fund in 1982 and the African Development Bank in 1983. India has contributed to all of the Bank’s General Capital Increases. For the most recent African Development Fund replenishment, India pledged twenty nine million dollars. We have contributed to the Highly Indebted Poor Countries and Multilateral Debt Reduction Initiatives.

One of our best partnerships in the area of skills is the training of “solar mamas”. Every year eighty African women are trained in India to work on solar panels and circuits. After their training they go back and literally electrify their communities. Each woman is responsible for electrifying 50 houses in her community on return. A necessary condition for the women to be selected is that they be illiterate or semi-literate. They also learn several other skills, like basket making, bee keeping, and kitchen gardening during their stay.

We have successfully completed the Pan Africa e-network project for tele-medicine and tele-network covering 48 African countries. Five leading universities in India offered certificate, under graduate and post graduate programmes. Twelve super-speciality hospitals offered consultations and Continuous Medical Education. Around seven thousand students have concluded their studies. We will soon launch the next phase.

We will soon successfully complete the Cotton Technical Assistance Programme for African Countries launched in 2012. The project was implemented in Benin, Burkina Faso, Chad, Malawi, Nigeria and Uganda.

Over decades, our ties have become stronger. After assuming office in 2014, I have made Africa a top priority for India’s foreign and economic policy. The year 2015 was a watershed. The third India Africa Summit held that year was attended by all fifty-four African countries having diplomatic relations with India. A record forty-one African countries participated at the level of Heads of State or Government.

Since 2015, I have visited six African Countries, South Africa, Mozambique, Tanzania, Kenya, Mauritius and Seychelles. Our President has visited three countries, Namibia, Ghana and Ivory Coast. The Vice-President visited seven countries, Morocco, Tunisia, Nigeria, Mali, Algeria, Rwanda and Uganda. I am proud to say that there is no country in Africa that has not been visited by an Indian Minister in the last three years. Friends, from a time when we mainly had mercantile and maritime links between Mombasa and Mumbai, we have today

• this Annual meeting which connects Abidjan and Ahmedabad

• business links between Bamako and Bangalore

• cricketing links between Chennai and Cape Town

• development links between Delhi and Dakar.

This brings me to our development cooperation. India’s partnership with Africa is based on a model of cooperation which is responsive to the needs of African countries. It is demand-driven and free of conditions.

As one plank of this cooperation, India extends lines of credit through India’s Exim Bank. 152 credits have been extended to 44 countries for a total amount of nearly 8 billion dollars.

During the Third India-Africa Forum Summit, India offered 10 billion dollars for development projects over the next five years. We also offered grant assistance of 600 million dollars. ”

Shailesh Pathak

CEO, CityInfra Capital and B20 Infrastructure member, Shailesh Pathak, who was an India-Japan event delegate said: “At the African Development Bank annual meetings in Gandhinagar, perhaps the most significant development was AAGC – the Asia-Africa Growth Corridor, a win-win for Africa, Japan and India. He also observed that AAGC may be seen by many as a reply to OBOR.
India’s diaspora, according to him, has done well in so many African countries. Bollywood’s soft power has shaped favourable sentiment in Africa, including inspiring Nigeria’s Nollywood. So many African friends know Amitabh Bachchan & SRK and can hum Indian songs. In the opening ceremony, PM Modi quipped that while Indians could not compete with Africans in long distance running, India would always stand shoulder to shoulder with Africa in its race to a better future.

Subramanian Swamy asks PM to restructure GSTN

Newsroom24x7 Staff

gstnRuling Bharatiya Janata party MP and former Union Minister for Commerce, Law and Justice Subramanian Swamy has written to Prime Minister Narendra Modi urging him to direct the complete stay of all operations of the present constituted Goods and Services Tax Network (GSTN) till it is restructured according to India’s national interest and after security certification by the Home Ministry.

Swamy has said in his letter that he is happy to learn from the media that the Prime Minister had taken a review meeting of Finance Ministry officials on the question of GST/GSTN implementation.

Significantly Newsroom24x7.com took the lead and was the first to bring in focus the irregularities in the implementation of Goods and Services Tax (GST). Newsroom24x7 also underscored constitutional points to emphasise the illegality of entrusting the implementation to GST to GSTN – a Private Limited Company.

Swamy has pointed out in his latter that GSTN is a data processing and tax revenue collecting private company that was never security cleared by the Home Ministry. This is a mandatory requirement, he has emphashised.

Bringing to the notice of the Prime Minister that “some Finance Ministry civil servants as well as the illegally appointed person-designated as the chairman of GSTN are telling the press that the GSTN, as presently constituted, will continue without any hindrance”, Swamy has urged the Prime Minister to order the stay of all operations of the present GSTN as “it is illegal because it never obtained security clearance from the Home Ministry; and it is dominated by not only private institutions that are together holding majority shares in the GSTN Private Limited Company but these private institutions are controlled by foreign shareholders. For example, 65% to 80% of ICICI and HDFC share holdings are owned by foreigners, Swamy has pointed out and asserted that GSTN needs to be restructured as it is foreign controlled.

Another important point Swamy has raised is that the Comptroller and Auditor General of India (CAG) has not been allowed to audit the financial transactions of GSTN that would run into lakhs of crores of rupees once GST is implemented. Hence, he has pointed out that there is a “reckless disregard” to the use of public funds to the benefit of private shareholders and employees. Elaborating further, he has said in his letter that “the CEO of GSTN gets an annual salary of over Rs 10 million, House rent allowance of Rs. 100,000, free car and travel, telephone, wifi network at home, club membership, medical reimbursement, ITA and so onbeside performance linked incentive bonus up to 50% of the basic salary plus DA. Never in the history of any Government has any officer got this level of remuneration.”

Furthermore, it has been pointed out that the Indian Revenue Service Association has unimously resolved that the GSTN is a facility which can be duplicated by the experience of the Finance Ministry’s data processing of Income Tax receipts with much greater experience and efficiency by the CBEC.

Drawing attention to the computer programming supposed to be done by GSTN which has been outsourced to Infosys at a huge payment of Rs. 6000 million of which Rs. 4000 million has already been paid to the company, Swamy has revealed that Minister of State for Finance Jayant Sinha’s wife was made a Director of Infosys just after the contract was signed.

According to Swamy, the data obtained by private parties and foreign shareholders of the indirect tax dues and payment of Indian tax payers as well as the details of travel from the point of manufacturing to the point of sale will help private parties to rig National Stock Exchange outcomes. He has also made the allegation that this is why the decision was taken to create a subsidiary of NSE headed by a crony of the former Finance Minister P. Chidambaram and this subsidiary holds 10% shares of GSTN. This amounts to legitimising the offence of inside trading, he has observed.

Swamy has urged the PM to restructure GSTN with Government owned financial institutions in place of private banks and private companies. The data processing can be handed over to the Central Board of Excise and Customs (CBEC). The continuation of the present system with marginal amendments will be set aside by the Supreme Court on a PIL as unconstitutional and not being in public interest, he has said in his letter.

Click here for more news on GST and GSTN by newsroom24x7.com:

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Rahul Gandhi attacks Prime Minister Modi on farmers’ issue in Telangana

Newsroom24x7 Desk

Congress Vice President Rahul Gandhi during Padyatra in Adilabad, Telangana
Congress Vice President Rahul Gandhi during Padyatra in Adilabad, Telangana

Adilabad (Telangana): Rahul Gandhi on Friday took Prime Minister Narendra Modi and Telangana Chief Minister K Chandrasekhar Rao head on accusing them of completely forgetting their pre-poll promises to the farmers.

Taking a potshot at the Prime Minister, the Congress vice president said that neither Modi nor the Telangana chief Minister did anything when the farmers were hit by thundershowers and hailstorm. He even went on to describe Telangana chief minister Chandrasekhar Rao as ‘mini Modi’.

Rahul said Modi and the leaders now at the helm of affairs in Telangana had promised waiver of rural loans and remunerative prices for their produce but nothing has been done to meet this promise.

Rahul also used the platform to attack the Modi led Central Government’s for pushing the  controversial land acquisition Bill. He pointed out that the previous UPA regime had brought in a new package of land reforms so that the farmers and their children could benefit from the rising price of land.

The Congress leader was on a 15 km Padyatra (foot march) in Adilabad district of Telangana today.