PM Modi Highlights: PM says govt left no stone unturned to make India a global destination; invites investors

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Updated: November 17, 2020 10:05:47 pm

PM Modi Highlights: PM Modi said that the BRICS Summit's theme of global stability, shared security, and innovative growth is not only important but far-sighted.

pm modi live, India’s stance for china, brics summit, trade, energy, regional cooperation, multilateralismIndia is set to host the next BRICS meeting in 2021.

PM Modi Highlights: Prime Minister Narendra Modi today said that India is a firm supporter of multilateralism and is firmly committed to UN values. PM Modi spoke on global stability, shared security, and innovative growth at the 12th BRICS Summit. He further said that the theme of the Summit is not only important but far-sighted. He underlined that India believes that UN Security Council reforms are very necessary and expect support of BRICS partners. Hosted by Russia’s President Vladimir Putin, the event witnessed discussions around intra-BRICS cooperation and key issues in the global context, including the reform of the multilateral system, measures to mitigate the impact of the ongoing COVID-19 pandemic, cooperation in counter-terrorism, trade, health, energy and people to people exchanges. In today’s meeting, PM Modi and Chinese President Xi Jinping once again came face to face after the SCO Summit. India is set to host the next BRICS meeting in 2021. Meanwhile, PM Modi will today also address the 3rd Annual Bloomberg New Economy Forum at around 6:30 pm.

 

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Highlights

    18:50 (IST)17 Nov 2020
    Cooperative and competitive federalism

    With cooperative and competitive federalism, projects worth Rs 2 lakh crore have been completed under the smart cities initiative.   

    18:47 (IST)17 Nov 2020
    PM Modi discusses housing for all scheme in Bloomberg Economy Forum

    We will deliver more than 1 crore houses to aspiring families by 2022: PM Modi

    18:47 (IST)17 Nov 2020
    PM Modi discusses housing for all scheme in Bloomberg Economy Forum

    We will deliver more than 1 crore houses to aspiring families by 2022: PM Modi

    18:43 (IST)17 Nov 2020
    Biggest resource is our people: PM Modi

    Indian cities have presented an extraordinary example during the tough times. The pandemic has re-emphasized that the biggest resource is our people. The post-COVID world is to be made by this key resource: PM Modi

    18:41 (IST)17 Nov 2020
    Restart will not happen without a reset

    The biggest question after the pandemic is how to restart but the restart will not happen without a reset: PM Modi

    18:38 (IST)17 Nov 2020
    PM Modi begins address

    PM Modi starts speaking at Bloomberg New Economic Forum

    17:50 (IST)17 Nov 2020
    PM Modi's will speak at Bloomberg Forum at 6:30 pm

    PM Modi will soon speak at the 3rd Annual Bloomberg New Economy Forum.

    17:11 (IST)17 Nov 2020
    Use of pandemic to support deglobalisation is not good: XI Jinping

    The use of pandemic to support deglobalisation is not good; need to enhance macroeconomic support: China President Xi Jinping

    17:02 (IST)17 Nov 2020
    India will enhance intra-BRICS cooperation in 2021

    During 2021, we will try enhancing intra-BRICS cooperation: PM Modi 

    17:00 (IST)17 Nov 2020
    Self-reliance and resilient India will be a force multiplier

    Self-reliance and resilient India will be a force multiplier for global recovery. We saw an example of this during Covid times. We sent medicines to over 150 countries: PM Modi

    16:59 (IST)17 Nov 2020
    Lot of scope in BRICS countries to enhance mutual trade

    BRICS economies will play an important role in post-pandemic economic recovery. There is a lot of scope in BRICS countries to enhance mutual trade: PM Modi

    16:57 (IST)17 Nov 2020
    PM Modi says UN Security Council reforms are very necessary

    India believes that UN Security Council reforms are very necessary. We expect supports of BRICS partners: PM Modi

    16:56 (IST)17 Nov 2020
    India a firm supporter of multilateralism

    As a founder member of the UN, India has always been a firm supporter of multilateralism. We are firmly committed to the values of UN: PM Modi

    16:54 (IST)17 Nov 2020
    BRICS theme is far-sighted

    The theme of Global Stability, Shared Security and Innovative growth is not only important but far-sighted: PM Modi

    16:53 (IST)17 Nov 2020
    PM Modi begins address

    Prime Minister Narendra Modi started speaking at BRICS Summit. 

    16:41 (IST)17 Nov 2020
    BRICS Summit begins

    Vladimir Putin starts addressing the BRICS Summit

    15:43 (IST)17 Nov 2020
    PM Modi hails India's pharma industry

    "In this difficult time of unprecedented epidemic, India's pharma industry sent essential medicines to over 150 nations," PM Modi said at the SCO Summit.  

    15:36 (IST)17 Nov 2020
    Will another lockdown affect India's growth?

    The resurgence in COVID-19 cases domestically or globally may lead to stricter lockdown measures and thus increased risk-aversion will potentially weigh on the growth outlook of India. Apart from the trend in COVID-19 cases, uncertainty stemming from faster tightening of domestic financial conditions, higher-than-expected stressed asset creation, and slower recapitalisation of PSU banks are likely to weigh on the growth trend, the report underlined.

    15:25 (IST)17 Nov 2020
    India will avoid joining agreements which are actually trade pacts by stealth with China

    India will avoid joining agreements which are actually trade pacts by stealth with China and instead explore trade agreements with developed countries with large markets such as the US and EU where Indian products and services would be competitive unlike ASEAN, officials said, a day after 15 Asia-Pacific countries signed the Regional Comprehensive Economic Partnership (RCEP) agreement.

    15:20 (IST)17 Nov 2020
    PM Modi will also speak at Bloomberg Forum today at 6:30 pm

    PM Modi will speak at the 3rd Annual Bloomberg New Economy Forum at around 6:30 pm today. As the world economy is grappling with the Covid-19 pandemic, the forum will witness discussions centered on refuelling the economy and charting a course for the future.

    15:17 (IST)17 Nov 2020
    How real will be the real growth?

    India’s real GDP is likely to contract by 6 per cent in the quarter ending September 2020, and grow by 3.5 per cent in the quarter ending December 2020. Further, it is expected to expand by 4.2 per cent and 27.9 per cent in the next two quarters. - Morgan Stanley

    15:16 (IST)17 Nov 2020
    Indian economy may have recovered to the pre-pandemic level of output in 4Q CY20

    It is expected that India’s GDP will grow at 9.8 per cent on-year in 2021, after contracting 5.7 per cent on-year in 2020, said a report by Morgan Stanley. “We estimate the economy to have recovered to the pre-pandemic level of output in 4Q CY20,” it added. Read full story here

    15:12 (IST)17 Nov 2020
    Goldman Sachs upwardly revises India's GDP growth for FY21

    Goldman Sachs today revised India’s FY21 GDP target to 10.3 per cent contraction, against an earlier target of 14.8 per cent. It sees GDP growth rebounding to 13 per cent in FY22.

    15:09 (IST)17 Nov 2020
    Will Indo-China bitter relations affect decisions that will be taken in BRICS Summit?

    Today's meeting will also be important keeping in eyes the conflicting relation between India and China within BRICS nations. 

    14:59 (IST)17 Nov 2020
    BRICS 2021 in India will be very succesful, says Deputy Foreign Minister of Russia

    I believe that India in its presidency in BRICS in 2021 will be very successful and knowing from the previous times when India presided in BRICS, the results have always been impressive: Sergei Ryabkov, Deputy Foreign Minister of the Russian Federation 

    14:52 (IST)17 Nov 2020
    PM Modi may speak on issues rekated to multilateralism, trade with China, other BRICS nations

    PM Modi may speak on key issues in the global context, including the reform of the multilateral system, measures to mitigate the impact of the ongoing COVID-19 pandemic, cooperation in counter-terrorism, trade, health, energy, and people to people exchanges.

    14:48 (IST)17 Nov 2020
    Leaders of Brazil, Russia, India, China, South Africa to come together at BRICS Summit

    The leaders of Brazil, Russia, India, China and South Africa will discuss the state and prospects of cooperation within BRICS, exchange views on relevant current issues on the international and regional agenda, sum up the results of Russia’s BRICS Chairmanship in 2020, and compare notes on the upcoming G20 summit scheduled for November 21–22.

    14:46 (IST)17 Nov 2020
    Modi-Jinping face to face once again

    PM Modi and Chinese President Xi Jinping will once again come face to face after the SCO Summit. However, the event may not witness bilateral discussions about India and China. 

    14:44 (IST)17 Nov 2020
    PM Modi to address BRICS Summit shortly

    Russia's President Vladimir Putin will chair the 12th BRICS Summit via videoconference in around an hour, where PM Modi will speak on international cooperation on trade, energy, other issues.  

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