Mere blood mein money hai: PM Narendra Modi

Sep 02 2014, 08:59 IST
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PM Narendra Modi at Taimei elementary school in Tokyo on Monday. PTI PM Narendra Modi at Taimei elementary school in Tokyo on Monday. PTI
Summary* PM Narendra Modi connects with Japanese industrialists, announces team under PMO to facilitate business

Invoking his Gujarati roots and saying that “commerce is in my blood”, Prime Minister Narendra Modi Monday connected with Japanese industrialists and declared setting up of a Special Management Team under PMO to facilitate business from Japan.

“Commerce mere blood mein hai...mere blood mein money hai,” he said and added, “Businesses do not need concessions. They only need the environment to grow. It is the responsibility of the government and the leader to frame policy so that things start to move. If policy decisions are in place, there can be no discrimination and all get equal treatment.”

He said he was bringing a Japanese system in the PMO.

“To make the PMO more efficient, we have started Japanese Management System. Training is already underway under the Kaizen system (of management),” Modi said and added that the purpose of this was to ensure Japanese efficiency.

“India wants to emulate Japan in terms of quality, zero defect and delivery systems while carrying out skill development,” the Prime Minister said.

Citing the recent growth figures of 5.7 per cent in the first quarter of this financial year, he said, “See the work done in 100 days of my government. Earlier, the GDP used to hover around 5-5.4 per cent and led to an environment of disappointment... But in the first quarter of our government, there has been a growth of 5.7 per cent. It is a big jump. Now there is renewed hope.”

Taking a dig at the last UPA government, he said the situation was bad for one decade. Inviting Japanese businesses, particularly to infrastructure and clean energy sectors, the Prime Minister asked them to keep in mind the “Gujarat” experience.

“I understand well the importance of coordination between government and industry,” he said while noting that he wants to replicate the experiments he made in Gujarat at the national level. “Among the 125 crore people of India, there is an urge. They want a change in quality of life,” he said.

He said the country wants to follow Japan’s model of skill development and research in order to meet the global work force requirement by 2020.

The business luncheon meeting was attended by several top industrialists from India as well.

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