Press Release

Change size and scale , seize opportunity, Home Minister Mr Amit Shah tells India Inc at ASSOCHAM Annual meet

This is an opportunity. Under Modiji's leadership, it is time for the Indian industry to change size and scale. Be bold , Move ahead and take India forward. Modiji has set the 2047 target ( making India a developed nation) for us , we should all achieve this''.28th March, New Delhi: Addressing the ASSOCHAM Annual Session, the Union Minister for Home Affairs and Cooperation Mr Amit Shah today gave a clarion call to the Indian industry to change the size and scale and seize upon the opportunity under the leadership of Hon'ble Prime Minister Mr Narendra Modi. '' The Prime Minister Narendra Modij has set a target before us: 'Sampurna Viksit Bharat'. I want to tell the industry through ASSOCHAM: Change the size and scale'', he said, addressing the captains of the Indian industry. '' This is an opportunity. Under Modiji's leadership, it is time for the Indian industry to change size and scale. Be bold , Move ahead and take India forward. Modiji has set the 2047 target ( making India a developed nation) for us , we should all achieve this''. Organisations like ASSOCHAM bring about synergies between the government and the industry for implementation of the stable and bold policies brought about by the government under leadership of Prime Minister Shri Narendra Modi. Emphasising the importance of the all inclusive development of the country, the Home Minister said, India can progress only when the entire nation contributes towards the goal . ''Unless we go in for all-round progress, we would not be able to take the leap of development which we want to take. People like me consider India's population of 130 crore as a market of 130 crore people, not as a burden as some would think so'' He said Prime Minister Mr Modi is implementing pro-people policies on the ground through the 'Whole of Government ' and 'Team Bharat' approach for an all round, all inclusive growth. The results of this approach in the last nine years are visible. ''A unique synergy is visible , you feel a similar kind of excitement and energy throughout the country.'' Citing an example of G 20 , he said while several other countries had held meetings at not more than 4 places. during their presidency. India has held meetings in 59 places in different states and Union Territories, leading to new awakening and consciousness as the country hosts the G 20 presidency. He said the world took notice of the way India handled the Covid 19 situation , using technology and innovation to fight the pandemic . Vaccination certificates were issued instantly with the help of state of the art technology. Listing various initiatives , policies and programmes of the government, Mr Shah said it was realised that it would not be possible to make Indian industry competitive without reducing the cost of infrastructure and logistics. With a foresight to strengthen the competitiveness of the Indian industry, the Home Minister said the government has prepared a detailed plan to reduce the logistics cost to 7.5 per cent of GDP from 13 per cent, in the next five years. The Home Minister enumerated several sets of data showing how India has moved forward in the last nine years, be it digital transactions, increase in the number of airports, electrification of railway, capacity expansion of major and minor ports and expansion in the highways network. Through the Digital India programme, a total of 8840 crore digital transactions took place in 2022 with the UPI claiming a share of 52 per cent . Total value of these transactions was Rs 126 lakh crore. India has 82 crore broadband connections as in September, 2022 against 6.1 crore in 2014. He said financial inclusion of 60 crore of unbanked people has brought them in the mainstream of the Indian economy with several positive spin offs like direct transfer of government subsidies and benefits into their accounts. He said the Modi Government has added a critical human touch to the economic metrics like GDP. The Home Minister said India, which has emerged as the fifth largest economy of the world, would become a strong USD 5 trillion economy by 2025 , following progressive policies of the government. He said the Modi Government has provided internal and external security in the last nine years. A strong environment of national security has been created in the country which has developed a favourable environment for industrial development from Northeast to Kutch in Gujarat and J&K to Kanyakumari.