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ET World Leaders Forum: Our promise is to reform, you promise to perform, PM Modi’s message to India Inc; Key takeaways and insights

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ET World Leaders Forum: Our promise is to reform, you promise to perform, PM Modi’s message to India Inc; Key takeaways and insights
Prime Minister Narendra Modi addressed the gathering at the ET World Leaders Forum. He began his address by saying ‘I am sure, at ET WLF, many discussions happened with regard to India’s bright future.

He went on to say, ‘India is writing a different success story today.’

‘We have seen the effect of reforms on our economy success. India has outperformed its peers and beat expectations. Global economy grew 35 pc in 10 years, but Indian economy grew 90 pc and this sustained growth will continue.’

‘In the last few years, have been able to bring big change in life of Indians. We have been able to bring key reforms in lives of people. In the last few years our govt has touched the lives of crores of Indians.’

‘Indians, in the last 10 years are looking at India’s achievements and that is why they are filled with a new belief. ‘

‘India’s progress is a part of global headlines today. Over the last decade over 25cr people have overcome poverty. We chose the path to empower the poor. In that situation, we chose to empower them and we can see a lot has changed.”People who have overcome poverty are looking forward to a bright future. Poor didn’t have bank accounts, basic facilities, in this situation, we empowered them. So much has changed, those who didn’t have bank accounts are now making digital payments, he said. ‘Today people have device connectivity and are better informed. Their aspirations are building new infrastructure.’

‘This has led to the creation of neo middle class. Even the poor had aspirations but they had their own set of struggles like lack of bank account and basic facilities.’

‘Their income growth is motivating market demand. The neo middle class is the biggest strength of India’s progress.’

‘We have taken some key decisions, in the last three months, we made big decisions for poor, women, youth and farmers. In less than 100 days we made 11 lakh new lakhpati didis. From UPS to high yielding seeds, we got it all covered in just less than 100 days of the formation of the new govt’

‘Yesterday I was in Palghar, there with more than Rs 75K investment, foundation stone was laid for Badhavan Port.’

‘This time of the 21st century is a lit up decade for India.’

‘We brought PM Gati Shakti national plan to boost employment.’

‘Today opportunities are coming in from all directions. We are working on a long term vision. Every Indian is working towards making India a manufacturing hub. ‘

‘Who wouldn’t want that India should become skill and innovation hub? That’s why the government is collaborating and working towards this goal. This year’s budget is also based on this.’

‘Today there are more than 1.80 lakh seats for MBBS and MDs. The day is not far away when India will become a big centre for health and wellness.’

‘India is marking its place amongst the top food brands in the world. India is the biggest producer of millet. It’s a superfood, which is also good for the environment.’

‘Green energy is going to be a pillar in India’s growth story. India has decided to produce 5 mn tn of green energy capacity by 2030.’

‘Currently, a unique initiative of “dekho apna desh” people’s choice is going on. The places that Indians will vote for will be developed in a mission mode.’

‘During G20 presidency, we helped to strengthen our African friends. In G20, we raised voice for global south. In the coming future, global south nations will have the biggest opportunities.’

‘We want that India should become a leader in every sector.’

More on the day’s events
The Economic Times World Leaders Forum (WLF) began today in New Delhi today, uniting prominent figures from business, economics, entrepreneurship, and politics. This unique event will feature Prime Minister Narendra Modi, who will outline his vision for a third term. The forum will also host key Union ministers, including S. Jaishankar (External Affairs), Ashwini Vaishnaw (Railways, Information & Broadcasting, Electronics & IT), and Gajendra Singh Shekhawat (Tourism).

ET World Leaders Forum Live Updates

External affairs minister S. Jaishankar, railways, IT and I&B minister Ashwini Vaishnaw, and tourism minister Gajendra Singh Shekhawat provided insights on their ministries’ contributions to India’s transformation. Additionally, CEOs of global corporations also shared their perspectives on current challenges and their strategies for managing these issues.

Github CEO Thomas Dohmke, Publicis Sapient CEO Nigel Vaz, and Microsoft Asia president Ahmed Mazhari discussed AI disruption and how to capitalize on related opportunities.

BCG global chair Rich Lesser, CDPQ international head Marc-Andre Blanchard, Stern School of Business professor emeritus Nouriel Roubini, and Allianz Investment Management CEO & CIO (Asia Pacific) offered insights on doing business amid uncertainty.

Another notable speaker was Manu Bhaker, the double Olympic medalist.

During her conversation with Shriniwas Rao, Content Head at Times Internet (Sports), she said that the preperation for the Paris Olympics was not ideal and that she had a tough couple of years in the lead up to the event.

“Situation in Tokyo took a toll on me, I was heart broken but I was really motivated for the next Olympics but 2022 and 2023 was tough. Before the Olympics, I was not able to win any individual medal, so I was not confident. My coach and parents were confident in me When you are really focused, you get good results,” Bhaker said.

She however said that the bright side of sports was that it had given her opportunity to travel the world, which she enjoys.

“My sport gives me some kick. If I don’t win, next event I have to win. I learn from the mistakes that I make. We set short term goals. Shooting can be boring to start with but it can get really interesting even as a hobby. It is a stress reliever,” added Bhaker.



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