PM assures investors of Red Carpet sans Red Tapism; India to spend $ 100 trillion on infrastructure


From Our Special Correspondent

Daijiworld Media Network

Bengaluru, Nov 16: Prime Minister Narendra Modi, who virtually inaugurated the Silver Jubilee Edition of India’s flagship event "Bengaluru Tech Summit (BTS) 2022" on Wednesday, assured investors that the country will lay out red carpet to welcome them in the place of red tapism as in the past and declared government’s intention of investing $ 100 trillion on infrastructure projects in the coming years.

The Prime Minister expressed confidence that solutions could be found to all the problems if confidence of investors and creativity of innovators go together.

“Bengaluru is leading the path being the capital of technology, innovation and potential leadership,’’ he said pointing out that India has been contributing to make technology human centric and democratic.”

Modi said technology has turned out to be a weapon to eradicate poverty in the country and pointed out that Indian techies are leading all the fronts of technology including health-tech, fin-tech and edu-tech.

India home to 81,000 Start-Ups

“The world is witnessing talent globalization,’’ he said pointing out that India being home to about 81,000 start-ups is the third largest hub of unicorns.

In the last 8 years, India's has advanced 40 places in the global innovation index, the Prime Minister said.

"Technology is being used in the country to bring about equitability and empowerment. This has also curtailed irregularities. India has become a information super highway,’’ he remarked.

The Prime Minister described how technology was efficiently used to fight against Corona pandemic, to provide quality education, in implementing direct benefit transfer, Jan Dhan, Aadhaar, E-market and such other social welfare programmes.

Modi said the country was transforming itself as a sustainable digital economy with the happening of broadband revolution even in rural parts.

Omar Bin Sultan Al Olama, Minister of State for Artificial Intelligence and Digital Economy, UAE, Tim Watts, Assistant Minister for Foreign Affairs, Australia, Petri Honkonen, Minister of Science and Culture, Finland and Martin Schroeter, Chairman and CEO, Kyndryl USA, Naveen Tewari, Founder and CEO, Inmobi, India’s first unicorn, Aravind Kumar, Director STPI shared their thoughts on the occasion.

Chief Minister Basavaraj Bommai unveiled the commemoration plaque of the event and addressed the gathering.

Dr C N Ashwath Narayan, Minister for IT/BT, welcomed the gathering. Large and Medium Scale industries Minister Murugesh Nirani was present

Kris Gopalakrishna, Kiran Majumdar Shaw, Prashant Prakash, B V Naidu also spoke.

E V Ramana Reddy, Additional Chief Secretary, Department of IT/BT, Director, Meena Nagaraj, KDEM Chairperson B V Naidu were present.

 

 

 

  

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Title: PM assures investors of Red Carpet sans Red Tapism; India to spend $ 100 trillion on infrastructure



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