PM Modi Makes Strong '4-factor' Proposition To Global Business Leaders

Politics

Prime Minister Narendra Modi addressed the CEOs of global companies at the Bloomberg Global Business Forum (GBF) in New York & enlisted four factors of growth

Written By Navashree Nandini | Mumbai | Updated On:

On the fourth day of his US visit, Prime Minister Narendra Modi addressed the CEOs of global companies at the Bloomberg Global Business Forum (GBF) in New York and enlisted four factors of growth in India. Inviting the global companies to India, the Prime Minister said that the four factors necessary for favourable business conditions are present in India. Naming and explaining the four factors, PM Modi said that when these factors combine, then growth in investment becomes a byproduct. He also said that expanded on India's goal of a 5 trillion dollar economy. 

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Explaining the four factors, the PM said: "There are four factors of India's growth story. They are the rest of the rare combinations. These factors are democracy, demography, demand, decisiveness. The first factor is political stability, it has come after decades." "When there is democracy, when there is political stability, when the policies are predictable and judiciary is independent, then the safety security and growth in investment is guaranteed," PM Modi added.

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PM Modi meets Donald Trump

Prime Minister Modi has met US President Donald Trump for bilateral talks in United Nations headquarters in New York on September 24. Foreign Secretary Vijay Gokhale and MEA spokesperson Raveesh Kumar in a press brief after the meet said that the focus of discussion was on the 'impact of terrorism' and the origin of terror. The US President added that both countries will have a trade deal soon. The Prime Minister also gifted a framed photograph of Trump and himself taken at the Howdy Modi event to the US president. 

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PM Modi in the US

Prime Minister Modi is in a six-day US visit. He attended the mega Howdy Modi event on the first day and addressed 50,000 Indian Americans at the NRG Stadium in Houston. US President Donald Trump also made his appearance at the event. The very next day, on September 23, the Prime Minister addressed the UN Climate Summit at the UN headquarters in New York. On September 24, the Prime Minister inaugurated the Gandhi Solar park and spoke at a special program to celebrate Mahatma Gandhi's 150th birth anniversary. He also met US president for bilateral talks. The PM is scheduled to work at the UNGA on September 27. 

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