Addressing the B20 Summit India 2023 in New Delhi, the Prime Minister also alluded to the theme of the event: "R.A.I.S.E: Responsible, Accelerated, Innovative, Sustainable, Equitable Businesses". B20, or Business 20, is the official G20 dialogue forum with the global business community.
Modi said that the partnership of global businesses with India is significant because of a strong trust factor. India emerged as a trustworthy nation even during the time of grave crisis like the Covid-19 pandemic which devastated the global economy, he said.
The pandemic taught a lesson to all, Modi said. "The lesson is that we now have to invest most on the mutual trust" taking cue from the pandemic that shattered the edifice of mutual trust among many nations, globally. "Even, in this environment of distrust, the country that stands in front of you as flagbearer of trust with all sensitivities and humility-is India."
Irreversible changes have taken place in many spheres globally after the pandemic, including in the global supply chain, Modi stressed. "Earlier, it was said that nothing to worry till the time the global supply chain was efficient," he said, asking the audience if such supply chains could be called efficient which would get disrupted at a time when it was required the most. "Today, when the world is struggling with this question, friends, I assure you, the solution to this problem is India." The Prime Minister told businesses to focus on sustainability.
"Sustainability must not be confined to rules and regulations, it should be the part of day-to-day life. Sustainability in itself is an opportunity as well as a business model," the Prime Minister said, giving the example of millets which is an environment-friendly superfood that also supports small farmers besides providing additional opportunities to the food-processing sector.
Bu hikaye Hindustan Times dergisinin August 28, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Hindustan Times dergisinin August 28, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Bitcoin Bonanza? Don't Overlook Tax And Reporting
Bitcoin has surpassed its all-time high each day for the past week. On Wednesday, the token's price peaked at about $89,828, a 112% year-to-date surge.
Mahayuti to pick CM after polls through a democratic process'
The Mahayuti is headed towards a strong showing in the upcoming Maharashtra assembly elections and the winning lawmakers will sit together and take a decision on the chief minister's position in a democratic process, deputy chief minister Ajit Pawar said on Wednesday.
Top court cracks down on bulldozer justice by states
Describing a house as \"an embodiment of the collective hopes of a family or individuals' stability and security\", the Supreme Court on Wednesday laid down nationwide guidelines to curb arbitrary demolitions by state authorities, marking a significant moment in the battle against what has come to be known as \"bulldozer justice\"-- the practice of razing the properties of people accused of crimes, and, sometimes, of their families, often using earthmovers or bulldozers, without following due process.
Batting time: Preparations in lockdown mode for India
All-out attack failed against New Zealand, and Aussie opener Usman Khawaja seems to have a point
Number of crorepati taxpayers surges 323% in 10 yrs
The number of taxpayers with 1 crore plus gross annual income surged 323% to 350,129 in 2023-24 from 82,836 in 2013-14 while the number of income-tax assesses saw a 120% jump in last one decade to 79,212,146, signifying the government's policy nudge to deepen and widen the tax base while shielding the middle class, according government officials aware of the matter.
WHOLESALE PV SALES SLOW IN OCTOBER DESPITE FESTIVE DEMAND
India's wholesale passenger vehicle sales grew marginally year-on-year to 393,000 units in October despite two major festivals celebrated during the month.
Fox News host picked as US def chief
President-elect Donald Trump has said that the new secretary of defence Pete Hegseth is a true believer in America First approach
Biden meets Trump, promises smooth transition of power
Donald Trump left White House on January 20, 2021, as a bitter man angry at the 2020 election results that he continued to reject, as an isolated man whose own party sought to distance itself from Trump after the mob insurrection on US Capitol, as a politician whose political obituary was being widely written in Washington DC and beyond, and as a president who had broken the tradition of peaceful transfer of power.
COP29: Developing nations start work on new climate finance text
After developing countries rejected the first draft on the new collective quantified goal (NCQG), on Tuesday, co-chairs of the programme on NCQG at the COP 29 climate talks in Baku released another iteration, on Wednesday morning that runs into 34 pages.
Cautious rebuilding of Delhi-Kabul ties
The Taliban's appointment of a consul for the Afghan mission in Mumbai appears to be part of a nascent and cautious process of engagement between the two sides.
