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Posted on:    24 Jan, 2018       Views:  862

PM Narendra Modi in World Economic Forum in Davos speech highlights

PM Narendra Modi in World Economic Forum in Davos speech highlights The event will be held from January 23-26 2018 in Davos.

8.30 am: Prime Minister Narendra Modi to address the plenary session of the World Economic Forum in Davos Switzerland at 3.45 pm IST.

8.40 am: Modi is the first Indian prime minister to attend Davos Switzerland in last 20 years.

8.50 am: Bollywood star Shah Rukh Khan will speak at the World Economic Forum in Davos Switzerland on creating change in India through women’s empowerment.

9.00 am: Prime Minister Narendra Modi on Monday held a roundtable meeting with the CEOs of top global companies in the world.

9.10 am: Yesterday, PM Modi held a meeting with Swiss President Alain Berset and discussed ways to deepen bilateral ties on the sidelines of the summit.


9.30 am: External affairs ministry spokesperson on Twitter wrote: “On his way to Davos, PM @narendramodi arrives in Zurich. First visit by Indian PM to #Davos in 20 years! PM would make a keynote speech at the Plenary of the #WorldEconomicForum, address International Business Council and interact with CEOs. #IndiaMeansBusiness.”


9.40 am: At World Economic Forum in Davos Switzerland 2018, Pope Francis said, “There is a grave responsibility to exercise wise discernment, for the decisions made will be decisive for shaping the world of tomorrow and that of future generations.”

9.50 am: Indian Railways Minister Piyush Goyal will share the speak on “How will industries, institutions and innovation shape the future of energy systems?”

10.00 am: IMF said that India’s economy could grow at 7.4 per cent in 2018, as against China’s 6.8 per cent. This will make India as the fastest growing country among emerging economies.


10.10 am: V. Ramgopal Rao, the director of Indian Institute of Technology, Delhi will speak on “How can large-scale research collaborations strengthen science and nurture a broader environment of international cooperation?” at 8.00pm today.


10.20 am: India would also host yoga training sessions for the entire duration of the meeting, while also showcasing Indian heritage and culture, In a first at the WEF summit.

PM Narendra Modi in World Economic Forum in Davos speech highlights


10.30 am: Meanwhile, India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, a survey of CEOs by global consultancy PwC said on 22 January.

10.40 am: ICICI Bank chief Chanda Kochhar Say: “Given that GDP growth in the first half was 6 %, this estimate already indicates a robust positive momentum in growth to 7 % in the second half of the (financial) year. High frequency indicators are already showing signs of improvement,”.


10.50 am: Spicejet CEO Ajay Singh Say: Prime Minister Narendra Modi has a great story to tell about significant reforms undertaken in India and even a greater story about 1.4 billion Indians, a young population and a massive market for the world, while no 1 other than him is better to tell this story.


10.55 am: Banker Uday Kotak said, “We need to get our messaging right when Trump is likely to talk about how Americans are making America great again. So India needs to say here that we are welcoming the world and we are building a new India.”

11.00 am: Yesterday, while speaking to the media Union Minister Piyush Goyal said, “PM Narendra Modi’s presence gives a big message to the world community, that India is open for business. Here, we are all giving out information about the ‘New India 2022’ that we are working towards.”


11.10 am: Before the World Economic Forum annual summit 2018, Edelman Trust Barometer said, globally, people’s trust in these four areas remained largely unchanged from last year. Of 28 countries surveyed, 20 lie in ‘distruster territory’, 1 more than in 2017.


11.30 am: NITI Aayog CEO Amitabh Kant said, “We maintained our growth along with structural reforms, we worked for financial inclusion along with financial growth. PM has worked on global terrorism on the diplomatic front & to tell all of it India’s delegation is here.”


12.00 pm: Yoga gurus, who will showcase the ancient Yoga heritage of India, at the World Economic Forum 2018 welcome reception in Davos.


12.40 pm: The global economy and geopolitical tensions are taking a back seat to a more immediate problem at this year’s Davos summit of political and business leaders: heavy snow is burying the venue.

1.00 pm: There is a huge appetite for continuous surge in foreign investments in India with no comparable opportunity available worldwide, Union minister Piyush Goyal said today, even as he saw India’s role at international platforms growing into a leader being looked into for solving problems of a ‘fractured world’.

2.00 pm: World Economic Forum 2018 is the largest platform we can have to establish India on the global agenda, says Tejpreet Chopra – CEO of Bharat Light & Power.


2.20 pm: Global CEOs applauded India’s efforts to bring in the regime like GST. Demonetisation & GST were bold initiatives & people feel the economy is getting cleaner & predictable. That has created a huge interest in mind of people to come & invest in India: Maharashtra CM D Fadnavais

2.45 pm: Former RBI Governor Raghuram Rajan today said the Western world must realise they cannot go a long way without the help of the emerging economies and warned that no one would be able to resolve any problem of a ‘fractured world’ if things are not set right soon.

3.00 pm: Prime Minister Shahid Khaqan Abbasi will participate in the World Economic Forum (WEF) in Davos from tomorrow where he will project Pakistan as a prime destination for business, investment and trade.


3:37 pm: PM Modi to speak shortly at the planery meeting.

3:43 pm:  Alain Berset is currently speaking at the meeting.

3:51 pm: PM to lay out plans for the future in his plenary speech at the WEF in Davos.

3:55 pm: Klaus Schwab,, Executive Chairman, WEF is currently sepaking at the planery meet.

 

 

4:00 pm: PM begins his speech at WEF


4:02 pm: In 1997 whe then Indian PM Deve Gowda had come to Davos India’s GDP was little more than $400 billion.

4:03 pm: PM Narendra Modi Says,
I am happy to be in Davos to address the WEF. This Summit seems to find solutions to the various problems the world faces. I thank the people and Government of Switzerland for the warm welcome here:. Social media platforms have transformed the globe. Back in 1997, birds used to tweet and not humans. Tech transformation is influencing the world. Future belongs to those who can manage data. Challenges posed by technology getting more serious by the day. In India, we have always lived in linking people, not in dividing them – the first Sanskrit scriptures proclaim ”Vasudaiva Kutumbakam” which means ”All the world is one family” – we are linked together. There is a lack of consensus between all of us – it happens even in families – however, the essence of a family lies in the fact that there is solidarity when facing challenges together. India has always believed in values of integration and unity. India has always believed in values of integration and unity, ‘Vasudhaiva Kutumbakam’, it means the whole world is one family. It is relevant to bridge distances. 

4:24 pm: Mukesh Ambani and Shahrukh Khan in the audience as PM Modi.

4:29 pm: How can we eliminate these rifts, and realise the dream of a beautiful shared future’, asks PM

4:32 pm: Anand Mahindra: Indian delegation breaks into applause as PM Modi chooses to speak in Hindi. He’s in his element & connects with the audience by making humorous comments on the changing times. Xi Jinping certainly didn’t do that, if you’re looking for differences between India & China!


4:33 pm: Many societies & countries are becoming self-centred. It seems that gloabalisation, as opposed to its definition, is shrinking. Such misplaced preferences can’t be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading: PM.


4:50 pm: In an interconnected world, globalization is losing its lustre. Do global organizations created after the Second World War really reflect the aspirations and dreams of mankind today, asks PM Modi.


5: 07 pm: Dharmendra Pradhan,Union Minister in Davos said, “It was a very enthusiastic speech, PM talked about how Indian ethos can be a global role model in today’s conflicting times.”

5: 12 pm: “PM spoke as a global statesman speaks not only about India but also globalisation & larger issues of climate change & terrorism. Yes he spoke about reforms, the world is going inward and India is globalising and is ready for business,” said Rajan Mittal, VC & MD of Bharti Enterprises.

5: 16 pm: PM Narendra Modi met his Canadian counterpart Justin Trudeau in Davos.

5: 26 pm: Meanwhile, Congress President Rahul Gandhi took a jibe at PM Modi after his Davos speech. He took to Twitter and said, “Dear PM, Welcome to Switzerland! Please tell DAVOS why 1% of India’s population gets 73% of its wealth? I’m attaching a report for your ready reference.”

5: 38 pm: In his speech, Prime Minister Narendra Modi today stressed upon the changes the world has seen in the past 20 years. He said that Harry Potter was an unheard name, tweeting was done only by birds and Amazon referred to dense forests in 1997.

5: 42 pm: ‘PM talked about global challenges but he also said that they can be resolved with ancient ideas that have been part of our philosophy’, said Suresh Prabhu, Minister of Commerce and Industry.

5: 53 pm: Meanwhile, Union Finance Minister Arun Jaitley said, “More investments creates more economic activities. We in India offer great infrastructure. We offer a great potential in terms of investment.”


5: 59 pm: In his speech Davos, PM Modi said, “If you want wellness along with wealth, come to India IF you want wholeness of life along with health, come to India If you want peace along with Prosperity, come to India India will always welcome you.”


6: 10 pm: Protectionism is gaining ground and globalisation is losing its appeal, but India is open for business, Prime Minister Narendra Modi told the World Economic Forum on Tuesday. PM Modi is leading a big government and business delegation to the summit in Davos, the first Indian prime minister do so in 21 years, aiming to showcase India as a fast-growing economic power and a potential driver of global growth.

6: 32 pm: PM Narendra Modi with Indian CEOs at World Economic Forum in Davos.


6: 41 pm: MEA briefs on PM Modi’s engagement at Davos


 

PM Narendra Modi in World Economic Forum in Davos speech highlights

7: 06 pm: The world applauds 1.3 bn people of India at the WEF in Davos appreciating the remarkable transformation in improving the business climate. PM Narendra Modi interacted with the top global CEOs at the International Business Council event.

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