Special team in PMO will fast-track Japanese investment: Modi


Tokyo, Sep 1 (IANS): Assuring the same quick reaction and proactive response a Japanese investor accorded when he was chief minister of Gujarat, Prime Minister Narendra Modi Monday announced a special team in his office to fast-track investments from Japan.

"In the coming days you'll get the same speed and response that you have experienced in Gujarat in the past," Modi told a luncheon hosted by Nippon Kiedanren -- the Japanese Chamber of Commerce and Industry, and the Japan-India Business Cooperation Committee.

He, accordingly, announced a dedicated special management team directly under the Prime Minister's Office and said: "Two nominees selected by Japan will also be part of this decision-making team, which will evaluate the business proposals."

Modi told the luncheon, which included Who's Who of the business fraternity of Japan and India, that he had the greatest connect, perhaps, with Japanese businesses, adding the two countries must partner not just for bilateral gains, but for Asia and the world.

He said his association with the Japanese industry had made him recognise the importance of good governance, ease of doing business and simplification of policies and assured them a policy-driven decision environment at the federal level to eliminate delays.

Exhorting Japanese businesses to continue investing in India, the prime minister said the two countries must also show the way of the Buddha to the world, and act as a force for development.

He noted that the 21st century will be Asia's century, but wondered how it would look like? He said that for meeting the aspirations of people in this century, India and Japan had a big role to play.

Modi, who completes 100 days in office Tuesday, also said he had already initiated moves to introduce the Japanese principles of management in the Prime Miniser's Office, adding India must follow the Japanese model for skill development.

Stating that 65 percent of India's population was young, he also sought Japan's help for skill development in India and said: "In 2020, when the world needs a workforce, we are preparing for it from now itself, so that we can match the global workforce."

India being a youthful nation, his government, he said, was giving importance to skill development to the millions of youth aspiring to enter the job market -- be it in terms of quality and the ability to make zero-defect products, or discipline.

"You can really help us with this."

Overall, he also highlighted the initiatives taken by his government during the first 100 days in office and said moves to ease foreign direct investment rules were widely appreciated.

Modi also said the Indian economy's growth of 5.7 percent in the first quarter of 2014-15 had a huge positive sentiment.

Going ahead, he said, the clear electoral mandates received by the governments of the two countries, led by him and his host and Japanese premier Shinzo Abe, had given the much political stability that would also deliver a strong push to bilateral ties.

  

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Comment on this article

  • Af, mangalore

    Tue, Sep 02 2014

    Make yeddi and katta subramanya naidu chairman and vice chairman for this fund monitoring committee.

    DisAgree [3] Agree [5] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Sep 02 2014

    Fast Track Japanese Investment to Swiss Banks ...

    DisAgree [7] Agree [9] Reply Report Abuse

  • ABDULLA, india

    Mon, Sep 01 2014

    Be honest .. be sincere .. mean what you say...
    make things happen..
    be professional and make things happen..
    work is worship...
    if japan..china have made it to the top then what can STOP Indians nothing bit the ATTITUDE..SINCERITY..CLARITY AND HARD WORK NO MORE CORRUPTION..

    DisAgree [1] Agree [3] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Mon, Sep 01 2014

    N.M,

    IF SERIES OF BOMBS EXPLOSION AND TERRORIST ATTACK HAS NOT HAPPENED INDIA ALREADY BECAME SUPER POWER.

    THE MINORITY APPEASEMENT GOVT SO CALLED CHOR CONGRESS PARTY IS RESPONSIBLE FOR ALL THESE THINGS....NOW WE THROWN AWAY THAT GOVT AND IN FUTURE WE WILL WIPE OUT TERROR ALSO, YOU DON'T WORRY.....

    DisAgree [10] Agree [16] Reply Report Abuse

  • N.M, Mangalore

    Tue, Sep 02 2014

    the undeniable truth is that rss led bjpee is responsible for instigating most of the riots....or for that matter we know who assassinated Gandhi ji.

    FYI - Please check on google for teh role played by RSS and BJP politicians and activists during anti-sikh riots in 1984, Bombay Riots, Kandhmal Genocide, mangalore riots.....the list is endless.

    After misleading people and fueling riots, they were smart enough to then put the blame on opposition parties with the help of their propaganda tool - gossip.

    Aur kitna ullu banavoge??

    DisAgree [10] Agree [6] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Tue, Sep 02 2014

    N.M,

    I CAN SEE YOUR FRUSTRATION......
    IF YOU ARE TELLING 1984 SIKH RIOTS HAPPENED BECAUSE OF BJP, PEOPLE WILL LAUGH ON YOU....
    IF RSS IS NOT THERE EXTREME GROUPS MADE INDIA SAME LIKE TALIBAN.....
    BJP IS THE RIGHT NATIONAL PARTY WHICH WANT DEVELOPMENTS AND NOT INVOLVED IN ANY SOAP OF APPEASING CERTEN COMMUNITIES FOR VOTE BANK POLITICS....

    DisAgree [4] Agree [8] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Sep 01 2014

    Now FEKU is singing "Made in JAPAN" ...

    DisAgree [21] Agree [13] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Tue, Sep 02 2014

    THE WAITRESS IS SINGING 'MY MAIKE CHALE JAAUNGHI'....

    DisAgree [3] Agree [8] Reply Report Abuse

  • vivek, mangalore

    Mon, Sep 01 2014

    Imagine if pappu was PM.. He couldnt even think of such stuff.. India is fortunte to have a PM who is in so much control of things.. Modi Modi Modi... pseudos bite dust

    DisAgree [9] Agree [15] Reply Report Abuse

  • Anees, karkala

    Mon, Sep 01 2014

    Our PM always schedule to tour foreign country,lecturing to MPs and teaching on teachers day etc.. Acche din mera hoga..

    DisAgree [6] Agree [3] Reply Report Abuse

  • Peter, Bangalore

    Mon, Sep 01 2014

    I guess special team in PMO to track already exist if not why Rajnath Singh and son in news !!

    DisAgree [23] Agree [12] Reply Report Abuse

  • jeevan, mangalore

    Mon, Sep 01 2014

    Why Hotte Uri....

    DisAgree [4] Agree [8] Reply Report Abuse

  • Sudhakar, Kallianpur

    Mon, Sep 01 2014

    Mr. Ajith, Mangalore

    I know better where my brain is, don’t worry about that. It is better to refrain from writing such type of comments, too much acidity is not good for health.

    FYI, Gandhi (Nehru) family has not only given leaders to congress party, it gave 3 Prime Ministers including Rajiv Gandhi to this country. But, you blind worshipers of Sonia Gandhi completely forgotten these leaders. Whole India know who was remote controlling the govt. during UPA regime and what lesson voters taught them.

    DisAgree [6] Agree [10] Reply Report Abuse

  • Ajith, Mangalore

    Tue, Sep 02 2014

    Now I am fully convinced whether you have brain or not. Thank you for clarification.

    DisAgree [5] Agree [4] Reply Report Abuse

  • Sudhakar, Kallianpur

    Tue, Sep 02 2014

    Mr. Ajith,
    Thanks for accepting everyone is having brain and you are suffering from acidity problem. Surprisingly you missed your familiar word cheddi in this comments, hope started to wear ....

    DisAgree [3] Agree [4] Reply Report Abuse

  • N.M, Mangalore

    Mon, Sep 01 2014

    Japanese investment is welcome. But the big question is without reigning in radicals from rss who create problems in the name of religion, language, culture, food habits etc.... India will not progress.

    DisAgree [34] Agree [17] Reply Report Abuse

  • jeevan, mangalore

    Mon, Sep 01 2014

    ha.ha..ha.. whole world knows who are real radicals...

    DisAgree [6] Agree [14] Reply Report Abuse

  • PKS, mlore

    Mon, Sep 01 2014

    whether to laugh or cry on your comment I m confused.

    DisAgree [11] Agree [31] Reply Report Abuse

  • Prakash, Dubai

    Tue, Sep 02 2014

    NM, Mangalore,

    India will progress under the Leadership of Modi. I am proud myself for voting Modi / BJP. You are commenting always Jaundice eyes. Man Grow up and comment sensibly for the Development. If Modi does something means, its only for the development of India and you are the citizen. Anyway I am sure that you have not voted for him. so keep quiet till 05 years and count all the development. Don't cry in 90 days for Modis achievements.

    DisAgree Agree [3] Reply Report Abuse

  • Praveen, Udupi

    Mon, Sep 01 2014

    Japan is jusy a honeymoon for Feku. Nothing is going to come out of this visit except some site seeing.

    DisAgree [32] Agree [14] Reply Report Abuse

  • Amith, udupi

    Mon, Sep 01 2014

    I saw Modi discussing with Abe near the temple animatedly and Abe was watching him with amusement..Now the question is does Abe understand Hindi or Modi learnt Japanese ?? ..

    DisAgree [31] Agree [14] Reply Report Abuse

  • Sudhakar, Kallianpur

    Mon, Sep 01 2014

    Mr. Amith,
    Melleganninavarige lokavella oreyaagi kaanuthade.

    Japanese Prime Minister doesn't know English also. Think how MMS was discussing with Japanese Prime Minsters and you will get the answer for you query. Here language is not important and agenda of the meeting is important.

    DisAgree [7] Agree [33] Reply Report Abuse

  • Amith, udupi

    Mon, Sep 01 2014

    Sudakar,

    iam referring to modi talking with PM near the temple , only 2 standing together , hope you can understand what Japanese PM understood ..iam not discussing about any other official meeting

    DisAgree [14] Agree [7] Reply Report Abuse

  • Dinesh Poojary, Kundapura/Bengaluru

    Mon, Sep 01 2014

    Amith, udupi

    After losing elections badly, you frustrated man and few others have started BEATING EMPTY DREAM.

    And Ismail Perinje dances to your tunes....

    DisAgree [6] Agree [15] Reply Report Abuse

  • Prakash, Dubai

    Tue, Sep 02 2014

    Amith Udupi,

    You always post Joker comments by Sitting in udupi and commenting without sense after May 16th 2014 Results. If you don't want our india to develop, keep quiet. Don't write silly comments.

    DisAgree Agree [2] Reply Report Abuse

  • sid, mangalore

    Mon, Sep 01 2014

    Super step sir ,India is now moving forward

    DisAgree [11] Agree [28] Reply Report Abuse

  • Dev Das, Mangalore

    Mon, Sep 01 2014

    Feku keeping so much hope on Japan when many small countries like Korea emerging in technology field.

    DisAgree [26] Agree [11] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Sep 01 2014

    While Congress was ruling BJP always opposed FDI saying India was not a Bhikari Country and now ...

    DisAgree [44] Agree [22] Reply Report Abuse

  • jeevan, mangalore

    Mon, Sep 01 2014

    Mr. Jossey
    Ade raaga ade haadu..... getting bore

    DisAgree [16] Agree [41] Reply Report Abuse

  • RSRB, Kundapura / Singapore

    Mon, Sep 01 2014

    Jossey Saldanha, Mumbai

    FDI investment should be on those fields where we need technology..

    We know how to sell groceries & fancy items and Walmart need not have to come here for that....

    DisAgree [11] Agree [19] Reply Report Abuse

  • TRaghu Pai, Bangalore

    Mon, Sep 01 2014

    RSRB, what's your opinion on feku facing tough opposition from own Sangh parivar over GM crops?

    If what you have said is true then why did bjp opposed fdi in first place?

    DisAgree [8] Agree [8] Reply Report Abuse

  • Rajesh Shetty, Mlore Shj

    Mon, Sep 01 2014

    By Saying same Lie again & Again you can only show how much Feku you are from Inside & out. But it will not become the truth Jossey. BJP was only against FDI in Retail, especially in Food sector.

    You need to stop looking up at Lungi clad men climbing trees anticipating something. Then you will grow up.

    DisAgree [13] Agree [26] Reply Report Abuse

  • JANARDHANA ACHARYA, BANGALORE/UDIPI

    Mon, Sep 01 2014

    Doing Business with Japan is piratical, sustained and long term study approach unlike west which dumps overnight. Only problem for India is getting proper Land. Just simple funda use Government Land, the plant layout can be made like that leaving behind private land as it it is connecting though conveyors and special structures and piping. May be overbridge roads.

    DisAgree [1] Agree [15] Reply Report Abuse

  • Lingappa, Kuppepadavu/Amsterdam

    Mon, Sep 01 2014

    Its so obvious in this forum that the die hard supporters or Khangress cannot digest any development by the current Govt. They still want to be ruled by a foreigner. Never in the previous regime of the Gutless PM MMS and his masters Raul Vinci Khan or Antanio Maino Khan did we see such measures.

    DisAgree [11] Agree [28] Reply Report Abuse

  • Praveen, Udupi

    Mon, Sep 01 2014

    Are you not serving foreign masters

    DisAgree [16] Agree [12] Reply Report Abuse

  • Lingappa, Kuppepadavu/Amsterdam

    Mon, Sep 01 2014

    Praveen Yeah,, I am ,, but not serving an Intalian Waitress at a greek restaurant who has fooled a nation by inheriting a fake surname when ideally she has to be Antanio Maino Khan!

    DisAgree [4] Agree [14] Reply Report Abuse

  • Amith, udupi

    Mon, Sep 01 2014

    People who were born on may 16th , indias relation with japan goes back from independence time, and UPA brought suzuki to india and now every indian has driven a maruthi suzuki .In December 2006, Indian Prime Minister Manmohan Singh's visit to Japan culminated in the signing of the "Joint Statement Towards Japan-India Strategic and Global Partnership". Japan has helped finance many infrastructure projects in India, most notably the Delhi Metro system. Indian applicants were welcomed in 2006 to the JET Programme, starting with just one slot available in 2006 and 41 in 2007. Also, in the year 2007, the Japanese Self-Defence Forces and the Indian Navy took part in a joint naval exercise in the Indian Ocean, known as Malabar 2007, which also involved the naval forces of Australia, Singapore and the United States. The year 2007 was d "India-Japan Friendship Year."

    DisAgree [22] Agree [19] Reply Report Abuse

  • Vincent Praveen Castelino, Pernal / Mumbai

    Mon, Sep 01 2014


    No wonder Mr. Mukesh Ambani also distanced(ped)himself from Mr. Modi's Japan tour @ the 12th hour!!!!

    This present government has kept aside deliberately the much awaited "Gas Price Hike" Issue!!!!. A very "Calculative and Deliberate" move by the center after coming to power and pushed forward it for three more months!!!

    Today or tomorrow they will have to bite the "Bitter Pill"(Gas Price Hike).

    Let us wait and watch what would be the GDP growth after the Gas Price Hike!!!! and how much "Foreign Investments" this present government will get(attract).

    RBI Governor Mr. Raghuram Rajan has already clarified just a day before his stand about the Central Bank's Policy and Government's Parity!!!!

    DisAgree [21] Agree [15] Reply Report Abuse

  • RSRB, Kundapura / Singapore

    Mon, Sep 01 2014

    Vincent Praveen Castelino, Pernal / Mumbai

    Gas price hike is necessary because we do not have enough gas in India and need to import...

    Gas price is decided internationally and we have to just follow being importer..:-(

    DisAgree [13] Agree [19] Reply Report Abuse

  • Vincent Praveen Castelino, Pernal / Mumbai

    Mon, Sep 01 2014


    @ RSRB, Kundapura / Singapore

    It's an open fact that we do not have enough gas in India and need to import...same like Crude Oil (petrol)

    The reality will come to the fore because "GAS" price also is equally important factor (both for industrial and house hold use) like we import "Crude Oil".

    DisAgree [2] Agree [4] Reply Report Abuse

  • Jaimini P.B., Manipal,Sharjah

    Mon, Sep 01 2014

    Any business with Japan is fruitful and worthy..Japanese are the most loyal and straightforward people..They dream big and move forward towards goal with positive approach..Mr.Modi did a good job by keeping faith and started to move forward with them..MrModi has two points in mind..1.Good Business and Development 2.Warning to China indirectly...Congrats..

    DisAgree [3] Agree [25] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Mon, Sep 01 2014


    INDIA ALREADY STARTED AND TASTED GOOD DAYS UNDER MODIJI...HE IS A VISIONARY LEADER AND HE KNOW WHAT TO DO AND WHEN TO DO.UNDER HIS LEADER SHIP INDIA WILL BECOME SUPER POWER NATION.

    FOR ALL CHOR OPPOSITION PARTIES (CONGRESS, DMK, SP, NCP,BSP,CPM,MUSLIM LEAGUE) THEY WILL SIT OPPOSITION ONLY....NOW NOBODY WILL TAKE THEIR MINORITY APPEASEMENT POLITICS.....JUST THEY CAN DO DRINK 'SULEMAANI CHAAYI' TO DIGEST THEIR FRUSTRATION.

    DisAgree [18] Agree [32] Reply Report Abuse

  • ashok shetty, shirva

    Mon, Sep 01 2014

    Shetree after modi comes to power can't drink tea also now too much chemicals. Lets try thodi good for health.

    DisAgree [4] Agree [8] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Mon, Sep 01 2014

    ASHOK SHETTY,

    I THINK YOU HAVE TO TAKE HAJMOLA EVERYDAY TO DIGEST....AS YOU SAID THADI ALSO GOOD FOR DIGESTION 'VORANNEY'

    DisAgree [4] Agree [5] Reply Report Abuse

  • saihu, Udupi/Dubai

    Mon, Sep 01 2014

    All the Japaneses companies are started their productions from Malaysia, Indonesia, Vietnam and china as they cannot cope up with their high production cost, guys think are we ready to accept the Japanese Goods in India.

    DisAgree [6] Agree [13] Reply Report Abuse

  • Amith, udupi

    Mon, Sep 01 2014

    some cheddi ninjas have started jumping already ...

    DisAgree [27] Agree [16] Reply Report Abuse

  • Ajith, Mangalore

    Mon, Sep 01 2014

    Chaddi Ningas trying to play Lungi dance with Chaddis.Gautham Bangalore is the director.

    DisAgree [17] Agree [12] Reply Report Abuse

  • Abdul Rafiq, Uchila / Dubai

    Mon, Sep 01 2014

    Korea and China giving tough competition to Japanese products in all over the world cars, electronics etc. So Japan is looking for some other countries to invest and sell their products. So Japanese got the opportunity to take some money from India. Our feku PM always supporting rich people, foreign countries etc. Nothing special, benefit for Japan.

    DisAgree [34] Agree [12] Reply Report Abuse

  • jeevan, mangalore

    Mon, Sep 01 2014

    This is called...Hotte Uriya Mathugalu.....

    DisAgree [10] Agree [32] Reply Report Abuse

  • jeevan, mangalore

    Mon, Sep 01 2014

    Now Japan next trip to ISREAL.....

    DisAgree [6] Agree [29] Reply Report Abuse

  • Anees, karkala

    Mon, Sep 01 2014

    ALL special team in PMO.. means in Lokpal bill exclude PMO office.so present govt all committee comes under PMO.even planning commission to be include in PMO.so they scrape independent commissioning committee. Fast track investment make huge commission to give approval to investment in INDIA.

    DisAgree [13] Agree [3] Reply Report Abuse

  • Naiem , Uchila

    Mon, Sep 01 2014

    Where these the same medicines /sweeteners you were taking for last 10years .....And followers of Fekku 50 years before that ?? Curious ??

    DisAgree [26] Agree [11] Reply Report Abuse

  • KKR, Mangalore

    Mon, Sep 01 2014

    Nice move!! finally Lord Buddha started smiling!!!

    DisAgree [4] Agree [33] Reply Report Abuse

  • Ajith, Mangalore

    Mon, Sep 01 2014

    If MMS,Chidambaram and PV Narasimha Rao had not opened up the economy this couldn't have happened.All credit goes to Congress for putting founding stone to modern India.

    DisAgree [49] Agree [22] Reply Report Abuse

  • Ganesh, Bengaluru

    Mon, Sep 01 2014

    Credit should go to all "LUNGIS" for spoiling Indian economy & injecting corruption into Indian public blood.

    DisAgree [7] Agree [36] Reply Report Abuse

  • Ajith, Mangalore

    Mon, Sep 01 2014

    Now DAKU is in Kerala to wash Lungis.But they will send him back in his Chaddi.

    DisAgree [26] Agree [17] Reply Report Abuse

  • Sudhakar, Kallianpur

    Mon, Sep 01 2014

    Mr. Ajith,
    Good, by naming above personalities at least you accepted that Gandhi (Nehru) family did nothing for this country. Only ate the malai.

    DisAgree [7] Agree [25] Reply Report Abuse

  • Ajith, Mangalore

    Mon, Sep 01 2014

    You have no brain.Gandhi family was leader of Congress.Not like Chaddis who remote control and deny it all the time.BJP is hypocrite party.They always say RSS not controlling them but are obliged to wear their chaddis every year.

    DisAgree [20] Agree [14] Reply Report Abuse

  • Sudhakar, Kallianpur

    Mon, Sep 01 2014

    Mr. Ajith, Mangalore

    I know better where my brain is, don’t worry about that. It is better to refrain from writing such type of comments, too much acidity is not good for health.

    FYI, Gandhi (Nehru) family has not only given leaders to congress party, it gave 3 Prime Ministers including Rajiv Gandhi to this country. But, you blind worshipers of Sonia Gandhi completely forgotten these leaders. Whole India know who was remote controlling the govt. during UPA regime and what lesson voters taught them.

    DisAgree [4] Agree [6] Report Abuse

  • Rajesh Shetty, Mlore Shj

    Mon, Sep 01 2014

    We want Japnese investment in cheap Antacid & other stomach Burn releaving medicines for some of our Anti-Modi CCC clans in the Forum for future days to come. Their symptoms are increasing day by day as shown by their fekugiri here. Requesting also constant supply of instant sweeteners from Tokyo to numb the affect of Sourgrapes they are going to taste atleast for another 5 years.

    DisAgree [20] Agree [38] Reply Report Abuse

  • Dinesh Poojary, Kundapura/Bengaluru

    Mon, Sep 01 2014

    Rajesh Shetty, Mlore Shj

    Nice one. Also we want investment in TUSS PATAAKI to help our congis who are celebrating RJD-JDU's victory.

    DisAgree [9] Agree [24] Reply Report Abuse

  • Rajesh Shetty, Mlore Shj

    Mon, Sep 01 2014

    Don't Blame the Pataakis for that. Those were purchased in May. Unfortunately they could not use it then. That's why it was TUSS this time because of the validity. I heard some were sent to Udupi congress office for Landslide victory last week !.

    DisAgree [5] Agree [20] Reply Report Abuse

  • Ronald D, Udupi

    Mon, Sep 01 2014

    Good move. More Jap companies in India will be healthy! Hope there will be control on Babu's demanding bribes to move file!

    DisAgree [4] Agree [23] Reply Report Abuse

  • Vincent Rodrigues, katapadi/Bangalore

    Mon, Sep 01 2014

    Idea is good provided expected foreign investment flow to India from Japan who are very conservatives otherwise.

    DisAgree [2] Agree [35] Reply Report Abuse


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