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Modi in US: MEA led by Sushma Swaraj has rescued 80,000 Indians in three years, PM tells diaspora

PM Modi meets top US business leaders and later Indian diaspora in Virginia.

 Modi in US: MEA led by Sushma Swaraj has rescued 80,000 Indians in three years, PM tells diaspora
Modi

 Prime Minister Narendra Modi today said India has now emerged as a business-friendly destination, more so with the upcoming implementation of landmark GST beginning next month, while asking CEOs of top US companies to invest in the country.

Modi also said India attracted largest foreign direct investment (FDI) as a result of the NDA government policies in the last three years, during his interaction with a group of CEOs of top 20 American firms.

In a round table interaction with the group, including Tim Cook of Apple, Sunder Pichai from Google, John Chambers from Cisco and Jeff Bezos of Amazon, Modi listed out steps taken by his government in the last three years and next moves. "The whole world is looking at India. 7,000 reforms alone by GOI for ease of (doing) business and minimum government, maximum governance, Gopal Bagley, spokesman of the Ministry of External Affairs said in a tweet from inside the meeting, quoting the prime minister.

India's growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs, according to Bagley. "The implementation of the landmark initiative of GST could be a subject of studies in US business schools," Modi said. During the hour-long interaction, at the Willard Hotel, where he is staying, Modi gave a patient hearing to the wish-list of the CEOs.

Later he spoke at a community event in Virginia. 

With agency inputs

LIVE Blog
26 Jun 2017
01:22 AM

PM Modi explains how the feedback about embassies have largely changed in the last few years. 

PM hails how Foreign Minister Sushma Swaraj with her proactive action has been an epitome of good governance. PM says that in very little time, Indians  across the globe get prompt response through social media. 

PM ends his speech saying that three years have been stellar and he hopes to carry forward the good work with blessings of all concerned. 

 

01:16 AM

PM Modi expresses concern whether the connect which the diaspora have with Indians will continue in the next generation. He urges them to come and visit Indians. PM states how the Indian government has left no stone unturned to ensure that Indians in foreign land in distress can be helped. 

PM cites the case of Uzma, who was entrapped and tortured in Pakistan and how the government got her back from there. 

01:15 AM

When India did surgical strikes the world experienced our power & realized that India practices restrain but can show power when needed, says PM Modi. 

PM Modi explains how the Diaspora can help India. He welcomes the Indian- Americans to come and invest in India, to give back something to their motherland. 

01:10 AM

Speaking about terrorism, PM says that India has been pointing out its menace for a very long time but it wasn't taken seriously at that time. World leaders shrugged it of as India's law and order problem, but now they are waking up to realities. 

PM explains the significance of surgical strikes and says how India is capable of self-defence. He says India wasn't criticised after surgical strike, as it could communicate its message properly to the world. 

 

01:05 AM

PM says looking at all parameters, India's development is happening at an incredible pace. Modi says that for sustainable development and growth, infrastructure is key and that is being ensured by the current government. 

According to PM Modi, aspiration of the people have slowly changed, which is the greatest guiding force in development of the country. Aspirations guided by efficient leadership can become achievement, says PM Modi. 

01:02 AM

PM explains how neem quoting in urea has helped the farmers. It has stopped misuse of urea intended for farming for other uses. 

PM says this was another use of technology to make life better for citizens. 

 

12:59 AM

PM Modi is now speaking about the Jan Dhan scheme. He says how opposition tried to criticise the scheme, before money was transferred to the accounts through Direct Benefit transfer (DBT). Over 3 crore spurious users have been eliminated  after use of DBT, says PM Modi. 

12:55 AM

PM Modi explains how the gas subsidy has been transferred from well-off to the economically weaker section, and all of it has been done in a transparent matter. 

PM says that in next 3 years, they want to provide gas connection to five crore families. 

12:50 AM

PM Modi mentions that his government has been corruption free in the last three years, amidst loud cheering. 

Modi says that in-built mechanisms are being strengthened so that transparency is maintained. He mentions how technology is a key ingredient to ensure trasparent dealings. 

Modi talks about Direct Benefit scheme- where money is directly transferred to bank accounts of economically weaker section of people.  Modi says about how 1.25 crore Indians have given away their gas subsidy after his appeal. 

 

12:46 AM

PM says that dreams of all the Indian- Americans about success of their native country will be fulfilled in their lifetime. PM pays rich tribute to contribution of the Indian Diaspora to success story of USA. He says Indians can change the country as they are getting beneficial condition to change the ground realities. 

According to Modi, Indians are extremely willing to ensure that country's future is much better than the past. PM says that the country is moving forward in an unprecedented pace. 

 

12:42 AM

PM says that this time around, he wanted to interact with citizens who made his earlier programmes so immensely successful. 

He says this is a microcosm of both India and US, since people from virtually all states of India and all states of US are present there. 

12:40 AM

PM is now addressing the Indian- American community. He says it is like meeting old family again. PM Modi says that he has travelled to US lot of times in the last 30 years. Modi reminisces how he interacted with the community even before becoming PM. Alluding to Madison Square event, PM says that events arranged by them have reverberated through out the world. It has become a recognising factor for him in front of world leaders, says PM Modi. 

 

12:32 AM

PM Modi has arrived. Will be speaking in a short while from now. 

12:25 AM

You can watch the program on Namo App.  

12:25 AM
12:15 AM

PM Modi to address Indian-Americans in a community meeting at Virginia shortly. 

11:58 PM


Lockheed Martin CEO issues statement after meeting PM Modi 
 
“The meeting with Prime Minister Modi today was very productive and I appreciated the opportunity to discuss ways we can strengthen the ties between our two countries. Lockheed Martin has a strong history of working in partnership with Indian government and industry to deliver products and technologies that support national security for India and the region, while generating economic benefit and jobs in U.S. and India.  

Today was a great opportunity to highlight our recently announced partnership with Tata Advanced Systems to offer the F-16 to meet India’s multi-role fighter jet mission. The F-16 is a combat-proven, multi-role fighter that will provide the Indian military with enhanced capabilities and foster greater collaboration with U.S. forces. If selected, the partnership with Lockheed Martin and Tata Advanced Systems to build the F-16 in India will support the advancement of Indian manufacturing expertise while also generating new manufacturing and engineering jobs in the U.S.

We are confident that this partnership will strengthen our alliance while advancing the national security and economic prosperity of the US and India."

11:30 PM

MEA giving out briefing about the details of the meeting. 

The global CEOs hailed different reforms taken by the government for ease of doing business. Also various flagship project of the government got thumbs up from the CEOs. 

Demonetization, a step taken by government to counter the black money menace was hailed by the top US CEOs. 

11:25 PM

Giving a brief idea of what transpired in the meeting, Sundar Pichai said that PM Modi took feedback about how to attract more foreign investment in India. 

Pichai told ANI that Google is excited to invest in India. 

11:20 PM
11:10 PM

It was very good, it was a discussion across many industries: Google CEO, Sundar Pichai after meeting PM Modi at CEOs round table. 

10:55 PM

PM Modi's main pitch is essentially projecting India as the land of opportunities which has the advantage of demographic dividend. PM mentioned several steps taken for ease of doing business and govt's endeavour to make business processes transparent and steps taken for inclusive growth of all Indians. 

10:45 PM

The meeting has ended. In concluding remarks, PM Modi makes a strong investment pitch to all the 21 global CEOs. 

10:31 PM
09:47 PM

09:42 PM

PM Modi tries to stress on the 'minimum government, maximum governance' message  

09:37 PM

Many of the top captains of Silicon Valley are in attendance. H1-B visa issue is likely to be discussed extensively.

PM Modi is now speaking. PM stresses on how joint partnership between India and US can be beneficial for both. PM mentions about GST reforms. 

09:30 PM

With PM's  visit coming against the backdrop of concerns among the Indian IT industry as well as among the Indian immigrants over the H1-B work visas, the issue could feature among the discussions at the meeting with the CEOs. 

The discussions could also include the post- demonetization macroeconomic scenario in India and the potential gains through the GST rollout from next month, reports PTI. 

Complete list of CEOs attending the round table. 

09:20 PM

Industry captains including Jeff Bezos, Sundar Pichai and Tim Cook in attendance.  

LIVE COVERAGE

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