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PIO Parliamentary Conference | World Bank, IMF and Moody's are looking at India in very positive way, says PM Modi

Prime Minister Narendra Modi today inaugurated the first Persons of Indian Origin (PIO) Parliamentary Conference at New Delhi's Pravasi Bharatiya Kendra on Tuesday.

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PM Narendra Modi addresses the first PIO Parliamentarian Conference in New Delhi on Tuesday. (MIB India/Twitter)
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Prime Minister Narendra Modi today inaugurated the first Persons of Indian Origin (PIO) Parliamentary Conference at New Delhi's Pravasi Bharatiya Kendra on Tuesday.

Addressing the lawmakers, the Prime Minister said that the world is looking at India with renewed focus. And the key is the fact that India has transformed. He also spoke about how global fionancial institutions such as the International Monetary Fund, the World Band and credit rating agency Moody's are viewing India in a very positive manner.

Elaborating about new India,  the PM said that 'India has moved way ahead of the 'jaisa pehle tha vaisa chalta rahega, kuch badlega nahi' thinking, aims and aspirations of our people are on an all time high & that is because of the transformation the country is going through.'

PM Modi also detailed about new investments in the country. “Keeping in mind the needs of 21st century, the government is increasing the investment in technology, transportation,” he said.

“More than half the investment in sectors like construction, air transport, mining, computer software, hardware, electrical equipment and many others, till now has happened in the last three years,” he added.

As many as 124 Members of Parliament and 17 mayors from 23 countries are participating in the conference.  

Every year, January 9 is celebrated as Pravasi Bharatiya Diwas (PBD), an annual celebratory day that marks the contribution of overseas persons of Indian origin (PIO) towards their homeland.

This is the first PIO-Parliamentary Conference and is a way of reaching out to the Indian community overseas by the government.

The Ministry of External Affairs (MEA), in order to celebrate the spirit of the conference, has also organised an open competition to design a logo that would best reflect the spirit of the First PIO Parliamentarian Conference.

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