AMN / Hyderabad
Prime Minister Narendra Modi today asked the global entrepreneurs to come and participate in “make in India” and invest in the country not only for the good of India but for the world.
He said India has provided enabling atmosphere by removing redundant laws and improving ease of doing business.
Addressing the 8th Global Entrepreneurship Summit (GES) after formally inaugurating the Three-day summit along with US President Donald Trump’s advisor and his daughter Ivanka Trump, Prime Minister asked the entrepreneurs to invest and Make in India by contributing to the country’s transformation.
Stating that several measures have been taken to provide enabling atmosphere in favour of entrepreneurship, Mr Modi said fiscal deficit has been contained and stringent measures have been taken against black money.
The Prime Minister further said by December 2018, every household will be provided electricity through Sowbhagya programme. He said a comprehensive energy policy is in the pipeline.
He further said infrastructure projects are progressing well and agriculture and food processing industry is flourishing in the country.
Stating that India will not satisfy herself by the improvement of the world bank ranking to 100 from the 140, he said, the country will strive to achieve 50th rank.
Stating that India has been giving women honour from ancient times and due respect, he said about 50 per cent of the loans under Mudra Programme have been given to women.
Earlier, Ivanka Trump in her address said the summit is a powerful example for the US’s commitment to encourage entrepreneurship across the world. She said without growth of women, humanity will not prosper.
Strongly advocating that the cutting edge technology will help Entrepreneurs, she asked them to be innovative and think to stand apart.
Ivanka will also be taking part in two plenary sessions mainly on women entrepreneurship during the summit. She leads a delegation of entrepreneurs that has representation from 38 states of the US.
Over 1500 delegates from 150 countries are taking part in the summit, which is being focused on ‘Women first- Prosperity for all’. Ten countries are being represented by all women delegations.
After making a beginning in 2010, the GES has been hosted in Turkey, United Arab Emirates, Malaysia, Morocco and Kenya. Last year in was held in Silicon Valley.
India was given opportunity to host GES during the US visit of the Prime Minister in June.
Story Edited by A AKHTER