Delhi News Agency (DNA) » PM Narendra Modi News

PM Modi addresses Indian Diaspora in Toronto Canada

Delhi News Agency — Fri, 17 Apr 2015 04:03:18 +0000

Launch of Pradhan Mantri MUDRA Yojana

Delhi News Agency — Thu, 09 Apr 2015 05:44:49 +0000

New Delhi :-PM Narendra Modi launching the Pradhan Mantri MUDRA (Micro Units Development and Refinance Agency) Yojana, PM Modi, said that supporting the small entrepreneurs of India is the biggest way to help the Indian economy grow and prosper. He was speaking at the launch of the Pradhan Mantri MUDRA (Micro Units Development and Refinance Agency) Yojana in New Delhi. Stressing the contribution of small entrepreneurs in the economy, the Prime Minister expressed confidence that within a year’s time, the major banks would also adopt the MUDRA model. PM said that in our country, one often experiences that things revolve around mere perceptions, while the details often paint a different picture. Giving the example of the perception that large industries create more employment, he said that a look at the details reveals the reality that only 1 crore 25 lakh people find employment in large industries, whereas small enterprises employ 12 crore people in the country. While there are a number of facilities provided for the large industries in India, there is a need to focus on these 5 crore 75 lakh self-employed people who use funds of Rs 11 lakh crore, with an average per unit debt of merely Rs 17,000 to employ 12 crore Indians. He said that these facts, when brought to light, led to the vision for MUDRA Bank.

PM appreciated the efforts made by the banking sector of India in making Jan Dhan Yojana a success. He said that he envisioned that within a year, banks would queue up to give loans to MUDRA applicants. The Prime Minister also congratulated SIDBI on the silver jubilee of its inception, and appreciated the work done by it in supporting India’s small scale industry in these 25 years.

PM said that MUDRA scheme is aimed at “funding the unfunded”. He said that the small entrepreneurs of India are used to exploitation at the hands of money lenders so far, but MUDRA will instil a new confidence in them that the country is ready to support them in their efforts that are contributing so heavily to the task of nation building. PM also spoke about the possibilities of value addition in agriculture. He said that, we must aim at creating a whole network of farmers engaged in value addition at the community level. Brand building, advertising, marketing and financial support, when given to such small entrepreneurs will strengthen the foundation of the Indian economy, he said.

The Prime Minister said that this will not entail any big changes in the existing structures, just a little empathy, a little understanding and a little initiative. He urged the banks to study successful models of microfinance, tailored to the local requirements and cultural contexts, which will be enable us to help the poorest of the poor in a big way.

The Prime Minister said that mere launching of new schemes in not progress. Real success lies in real change on the ground, as was seen in the Jan Dhan Yojana and PAHAL, which had delivered concrete results within limited timeframes, he added. He said that the established financial systems will soon move to the MUDRA-model of functioning, i.e. to support entrepreneurs that give employment to a large number of people using least amount of funds. Union Minister of Finance Arun Jaitley, Minister of State Jayant Sinha, and the Governor of Reserve Bank of India, Raghuram Rajan, were present on the occasion.

CM of J&K Mufti Mohammad Sayeed calling on the PM Modi,

Devender Panwar(DNA) — Tue, 07 Apr 2015 12:41:52 +0000

New Delhi:- Chief Minister of Jammu & Kashmir, Shri Mufti Mohammad Sayeed calling on the Prime Minister, Shri Narendra Modi, in New Delhi

PM inaugurates Conference of State Environment and Forest Ministers

Delhi News Agency — Mon, 06 Apr 2015 08:15:15 +0000

New Delhi:-PM Narendra Modi said, India, which has had a long tradition of living in harmony with nature, should lead the global fight against climate change. Inaugurating the Conference of State Environment and Forest Ministers in New Delhi today, the Prime Minister expressed disappointment that India’s culture of respecting and loving nature has not been sufficiently projected on the global arena, and the country is occasionally perceived to be a barrier in the global fight against climate change.

The Prime Minister said the people of India have been the protectors and devotees of nature. He said we need to project this fact properly, so that the world realizes that India cannot be questioned in this regard. He said Indians have always conserved nature, and even today, have among the lowest per-capita carbon emission, globally. He said the way forward is not just restrictions, but changing lifestyles. He said the culture of recycle and re-use is not new for India. Instead of being forced to follow parameters laid down by others, India should lead the world in the fight against climate change, he added.

Shri Narendra Modi said development and environment protection can go hand in hand, but there are serious misconceptions being spread in this regard. Giving the example of the Land Acquisition Bill, he said the provisions of the Bill do not touch tribal and forest land. But serious misconceptions and lies are being spread about this Bill. He urged those spreading such lies, to desist from doing so, and said these attempts to misguide society are harming the nation.

The Prime Minister called upon the world to ease restrictions for India on import of nuclear fuel, so that India could also produce clean nuclear energy in a big way. He said the Government is focusing on clean energy generation in a big way, through solar radiation, wind and biomass.

The Prime Minister, who was presented a report on the status of tigers in India, expressed satisfaction at the reported increase in the country’s tiger population, and said it was an illustration of India’s commitment to respect for nature.

Earlier, the Prime Minister visited an exhibition at the Conference venue. He released a “Standard Terms of Reference for Environment Impact Analysis”, which was described by the Union Environment Minister Shri Prakash Javadekar as a step that would contribute to “ease of doing business.” The Prime Minister also launched a National Air Quality Index, which will monitor the quality of air in major urban centres across the country on a real-time basis.

PM remarks at the inaugural session of RBI Conference on Financial Inclusion

Delhi News Agency — Thu, 02 Apr 2015 11:29:34 +0000

New Delhi :-PM Narendra Modi, today urged the Reserve Bank of India to take the lead in encouraging financial institutions to set concrete targets for financial inclusion over the next 20 years, to help transform the quality of life of the poor. “I come as a representative of the poor, underprivileged, marginalized and tribals; I am one among them; I seek on their behalf and trust you will not disappoint me,” the Prime Minister said, at the RBI Conference on Financial Inclusion, which also marked the completion of 80 years of the Reserve Bank of India.
He encouraged RBI to set goals on intermediate targets: of 2019, when the country will celebrate the 150th anniversary of Mahatma Gandhi; 2022, 75 years of independence; 2025, 90 years of RBI, and 2035, 100 years of RBI. Prime Minister said the success of the Pradhan Mantri Jan Dhan Yojana and the Direct Benefit Transfer of LPG subsidy, had shown the potential of the enormous role that the banking sector can play in ensuring financial inclusion. Prime Minister called for making financial inclusion a “habit.” He asked banks to take inspiration from the success of women self-help groups. He asked banks to keep in mind the requirement of youth who needed either knowledge or skills. He also gave the example of the soon-to-be-launched MUDRA initiative in this regard. He urged banks to come up with creative financial inclusion instruments to help prevent farmer suicides. Prime Minister said that along with economic and social parameters, there is need to think of a geographical parameter as well for financial inclusion. He said eastern India had immense economic potential, and the banking sector should recognize and plan for this. Appreciating the role played by RBI over the last 80 years, the Prime Minister complimented the RBI Governor Dr. Raghuram Rajan, for his grasp and clarity on economic issues.
As part of the Make in India initiative, the Prime Minister urged RBI to take the lead in ensuring that India starts to manufacture the paper and ink that are used to print currency notes.
The Governor of Maharashtra Shri Vidyasagar Rao, the Chief Minister of Maharashtra Shri Devendra Fadnavis, the Finance Minister Shri Arun Jaitley, and the Governor of the RBI Dr. Raghuram Rajan were present on the occasion.

DG of the International Atomic Energy Agency calls on PM

Delhi News Agency — Sat, 28 Mar 2015 03:56:30 +0000

New Delhi :-Yukiya Amano, DG of the International Atomic Energy Agency called on PM Narendra Modi, PM lauded IAEA for its enormous contribution to the promotion of safe and secure use of atomic science for peace and development in the world – goals that India shared. He thanked Director General Amano for his leadership in focusing IAEA`s efforts on human development, including food security and health; for enhancing safety standards in nuclear power plants and other facilities; and, for IAEA`s continuing high standards in its regulatory role. The Prime Minister attached special importance to IAEA`s crucial role in generating public awareness and confidence on safety aspects; and, in supporting efforts to make nuclear power more affordable.
PM recalled India`s excellent relations with IAEA since India became a founding member of the agency. As a member of the Board of Governor of IAEA, India, he emphasised, attached utmost importance to advancing the goals of IAEA.
Prime Minister conveyed that he considered nuclear energy to be vital for supporting economic development in India, meeting the energy needs of our people and addressing the challenge of climate change. At the same time, he sought to place special emphasis on using atomic science for addressing the needs of ordinary citizens, by application in areas like health care, agriculture, food preservation, clean water and waste management. He reiterated India`s commitment to maintaining the highest global standards of nuclear safety and security.
Director General Amano expressed appreciation and admiration for the India`s progress in nuclear science and technology, focus on developmental aspects, commitment to the highest levels of safety and security standards, and record as a responsible nuclear power; the excellent relations between IAEA and India; India`s contribution to the work of IAEA; and, India`s assistance to neighbouring and other countries in the peaceful and developmental aspects of nuclear science.

PM chairs meeting of National Ganga River Basin Authority

Delhi News Agency — Thu, 26 Mar 2015 14:14:09 +0000

New Delhi :-PM Narendra Modi, today called for an “uncompromising mission-mode approach” to stop further pollution of the River Ganga. Chairing the fifth meeting of the National Ganga River Basin Authority in New Delhi, the Prime Minister said the task of cleaning the Ganga was a challenging one, but had the potential to generate immense economical activity, and bring about a positive attitudinal change in the entire country. He said that it is “our responsibility for future generations” to save the River Ganga. He said the River Ganga was associated with “faith” and “devotion” among millions of Indians, and the task was to convert these positive sentiments, into a feeling of responsibility. He said the task at hand could not be accomplished without “Jan-Bhaagidaari” (people’s participation).
The Prime Minister urged the states to pay special attention to development of towns and villages located on the banks of the River Ganga, and to ensure sufficient awareness in these areas to stop pollution.
The Chief Ministers of Uttarakhand, Bihar and Jharkhand, who were present in the meeting, also spoke in detail on the subject, and about issues related to their respective states. The themes mentioned by them included silt management, and single-window clearances for proposals from the states.
Union Ministers Shri Arun Jaitley, Shri Venkaiah Naidu, Shri Nitin Gadkari, Ms. Uma Bharati, Shri Birender Singh, Shri Prakash Javadekar, Shri Piyush Goyal, Shri Sanwarlal Jat, and Vice Chairman of NITI Aayog Shri Arvind Panagariya were also present at the meeting.
The meeting was coordinated by Finance Minister Shri Arun Jaitley. Union Minister for Water Resources Ms. Uma Bharati introduced the issues at hand, and delivered the vote of thanks.

PM Calls upon China on the Boundary Issues

Delhi News Agency — Tue, 24 Mar 2015 23:05:31 +0000

New Delhi :-Mr. Yang Jiechi, State Councillor of the People’s Republic of China and Special Representative of China on the Boundary Question called on PM Narendra Modi,. Mr. Yang Jiechi conveyed the greetings of President Xi Jinping and Premier Li Keqiang to Prime Minister. Mr. Yang Jiechi also briefed Prime Minister on the preparations for his upcoming visit to China. Prime Minister outlined his vision for closer India-China relations and the significance of the India-China bilateral relationship to the region and the world.
Recalling the visit of President Xi Jinping to India in September 2014, Prime Minister expressed hope that his visit to China will have concrete outcomes and take the relationship to a new level. Prime Minister said that he is looking forward to meeting President Xi Jinping and Premier Li Keqiang in China. Mr. Yang Jiechi and Mr. Ajit Doval also briefed Prime Minister on the 18th Round of Talks between Special Representatives of China and India on the Boundary Question.