India Today Is Land Of Opportunities, Says Modi

GANDHINAGAR: Prime Minister Narendra Modi said that his government was trying to revive the economy, and told global investors that India today was a land of opportunities.

“In a short span of seven months, we have been able to change the atmosphere of despair and uncertainty,” Mr. Modi told the seventh Vibrant Gujarat summit here attended by UN Secretary-General Ban Ki-moon as well as ministers and corporate leaders from 100 countries.

“Since the first day, my government is actively working to revive the economy,” he told the gathering which included US Secretary of State John Kerry and World Bank President Jim Yong Kim.

He said there was tremendous interest in India, and “countries were coming forward to work with us. Today, India is a land of opportunities”.

He urged countries, businesses and investors to be part of India’s growth story.

“There is an atmosphere of cooperation towards India. We are trying to generate confidence for investment in the country.

“My government is committed to create a policy environment that is predictable, transparent and fair.”

Mr. Modi went on: “We will have to change the way we have been approaching problems. Recession is often seen just in the context of business and industry.

“Have we ever thought of recession as being the result of low per capita income in countries where a majority of global population lives?

“Have we ever thought of its solution in terms of enhancing the common man’s employability, income and purchasing power?

“The best outcome of this event should be inclusiveness and involvement of communities needing care and development.”

The prime minister said his government was committed to changing and improving the economic and social condition of India including the quality of life.

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