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PM Modi addresses Kolkata industrialists: Know key takeaways

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Published : Jun 11, 2020, 1:17 PM IST

Updated : Jun 11, 2020, 3:28 PM IST

Addressing the 95th annual plenary session of the Indian Chamber of Commerce in Kolkata over video conference, Prime Minister Narendra Modi said this is the time to make bold decisions and investments for the country to scale new heights.

PM Modi
PM Modi

Kolkata: Insisting that the COVID-19 crisis should be turned into an opportunity to create an 'Atmanirbhar Bharat', Prime Minister Narendra Modi on Thursday said steps have to be taken to ensure that products imported from abroad are manufactured in the country.

Read more:COVID-19 crisis should be turned into an opportunity for self-reliant India: PM Modi

Addressing the 95th annual plenary session of the Indian Chamber of Commerce in Kolkata over video conference, he said this is the time to make bold decisions and investments for the country to scale new heights.

Key takeaways from PM Modi's address to the ICC

  • Like Sikkim, the entire North East can become a huge hub for organic farming.” PM Modi said that Organic farming can become a huge movement in the North East, if it is made a global identity and dominates the global market
  • Government's current cluster based approach to local produce will provide opportunity for all. Clusters associated with these will be developed in the districts, blocks in which they are born. He said “Along with this, clusters will also be made for Bamboo and Organic Products
  • Additional focus on Jute cultivation. Modi said Bengal should exploit the nationwide campaign against single use plastic to revive its jute industry
  • Agricultural economy has been liberated from years of restrictions. Now the farmers of India have the freedom to sell their product, their produce anywhere in the country
  • It is time for to invest hugely in solar energy. with timely actions, India can become a 'solar hub' in the near future
  • Prepare a globally competitive domestic supply chain
  • Coal and mining sectors are being made more competitive
  • Young minds are welcome to invest in agricultural economy
  • Bengal should take a lead by reviving its manufacturing sector
  • Modi said Indians will have to take the economy out of 'command and control' and take it towards 'plug and play'
  • For everything that we are forced to import, we should work on how they can be made in India, how to make India an exporter of the same products in future.

(With PTI inputs)

Kolkata: Insisting that the COVID-19 crisis should be turned into an opportunity to create an 'Atmanirbhar Bharat', Prime Minister Narendra Modi on Thursday said steps have to be taken to ensure that products imported from abroad are manufactured in the country.

Read more:COVID-19 crisis should be turned into an opportunity for self-reliant India: PM Modi

Addressing the 95th annual plenary session of the Indian Chamber of Commerce in Kolkata over video conference, he said this is the time to make bold decisions and investments for the country to scale new heights.

Key takeaways from PM Modi's address to the ICC

  • Like Sikkim, the entire North East can become a huge hub for organic farming.” PM Modi said that Organic farming can become a huge movement in the North East, if it is made a global identity and dominates the global market
  • Government's current cluster based approach to local produce will provide opportunity for all. Clusters associated with these will be developed in the districts, blocks in which they are born. He said “Along with this, clusters will also be made for Bamboo and Organic Products
  • Additional focus on Jute cultivation. Modi said Bengal should exploit the nationwide campaign against single use plastic to revive its jute industry
  • Agricultural economy has been liberated from years of restrictions. Now the farmers of India have the freedom to sell their product, their produce anywhere in the country
  • It is time for to invest hugely in solar energy. with timely actions, India can become a 'solar hub' in the near future
  • Prepare a globally competitive domestic supply chain
  • Coal and mining sectors are being made more competitive
  • Young minds are welcome to invest in agricultural economy
  • Bengal should take a lead by reviving its manufacturing sector
  • Modi said Indians will have to take the economy out of 'command and control' and take it towards 'plug and play'
  • For everything that we are forced to import, we should work on how they can be made in India, how to make India an exporter of the same products in future.

(With PTI inputs)

Last Updated : Jun 11, 2020, 3:28 PM IST

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