PM Modi Pitches 130 Cr-strong 'mandate For Vikas' To World Biz Leaders

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Following the mega 'Howdy Modi' event in Houston, PM Modi on Wednesday delivered the keynote speech at the Bloomberg Global Business Forum (GBF) in New York

Written By Monica Aggarwal | Mumbai | Updated On:

Following the mega 'Howdy Modi' event in Houston, PM Modi on Wednesday delivered the keynote speech at the plenary of the Bloomberg Global Business Forum (GBF) in New York. Addressing the Business Summit, the Prime Minister hailed the mandate of Indian citizens with which they elected the BJP-NDA government to power for the second term, saying that people have chosen development as their biggest priority. He added that the people of India voted the BJP-NDA government to power with even more mandate than ever before. 

"I am very grateful to Bloomberg Global Business Forum for giving me the opportunity to speak on India's emotions and prospects, India's aspirations and expectations, India's growth story and India's future direction. You are witnessing a government in India which went to the people with its 5 years of work and the people gave them the opportunity to work with even more mandate than ever before. You often talk about business sentiments in your conversation. In this election, 130 crore Indians have not only expressed their sentiments but have also given a judgment that development is their biggest priority," PM Modi said at the Business summit. 

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He asserted that the strong mandate to the government manifests that the people of India are in favour of new opportunities and development. Highlighting his government's efforts towards business development in India, PM Modi said that the government respects the business world and wealth creation.

"Business leaders sitting here can understand that this strong mandate is actually proclaiming new opportunities in India in favour of development. Today the people of India are standing with the government which does not lag behind in taking the biggest and most stringent decisions to improve the business environment. Today, there is a government in India that respects the business world, respects wealth creation," PM Modi added. 

The Bloomberg Global Business Forum is an annual public-private gathering alongside the United Nations General Assembly (UNGA) convening hundreds of CEOs and heads of state and government.

READ | Anand Mahindra responds to PM Modi's 'wealth creators are the nation's wealth, don't view with suspicion' remark

PM Modi stands up for India Inc.

PM Modi's remarks on respect for wealth creation at the Bloomberg Global Business Forum have come in the light of his remarks in his Independence Day Speech. On August 15, PM Modi had said that wealth creators should not be eyed with suspicion, that they are the country's wealth and should be respected. In his address to the nation, he had said that wealth creation is a great national service.

"Let us never see wealth creators with suspicion. Only when wealth is created, wealth will be distributed. Wealth creation is absolutely essential. Those who create wealth are India's wealth and we respect them," PM Modi had said. 

Furthermore, earlier in August, Finance Minister Nirmala Sitharaman reiterated PM Modi's remarks on wealth creators of Indian economy, adding that respect for them is the spirit of the budget of the current fiscal year. She had announced faceless tax scrutiny by the tax department from October 8, 2019, to ensure no harassment of the assesses. She had said that faceless scrutiny will ensure that the whole process will become faceless and randomised.

READ | Independence Day Speech: PM Modi says wealth creators shouldn't be eyed with suspicion, they are India's wealth

2019 Lok Sabha elections

In the April-May 2019 Lok Sabha elections, the BJP-NDA alliance was voted to power by the citizens of India for a second term with a soaring mandate, with BJP alone winning 303 out of 542 seats. PM Narendra Modi once again sworn-in as the Prime Minister of India on May 30. Congress, on the other hand, managed to win only 52 seats in the elections. The voter turnout in the polls was recorded at 67 per cent - the highest ever as well as the highest participation by women. 

READ | Nirmala Sitharaman announces 'Faceless' scrutiny for wealth creators

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