PM Modi to apprise WEF at Davos about India's economic reforms

Michele Moreno
January 22, 2018

My basic nature is to convert adversity into opportunity, said Prime Minister Narendra Modi, in an interview, while talking about his initial lack of experience in foreign policies after assuming the charge in 2014 and turning this deficiency into his strength and using the same for growing India's stature on world stage. It is natural that the world wants to talk directly to India and the world wants to hear directly from the horse's mouth about India's policies and potential. "The polling could be held in a certain week across the country at one time", Modi said. The trip to WEF Summit in Davos by an Indian Prime Minister comes after 20 years after 1997, he added. He said, the focus will be on Prime Minister's vision about India's economy's at the domestic as well as global level. It wants to hear what the 'mukhia (leader)' is saying.

The Prime Minister will be reaching Davos on January 22 and will likely meet Swiss premier Alain Berset on the sidelines during the day, where he is expected to discuss the issue of financial transparency and black money. "Good things should be praised and shortcomings should be criticised", he said. The Prime Minister said the world recognises the mandate of the world's biggest democracy, as he termed the power and determination of 125 crore Indians more important than him. "I did not have any baggage", he said.

When asked about kind of Budget, Modi said the mantra of his government was development. It wants to hear from the horse's mouth.

"Even after the banks nationalisation, 30-40 percent population remain out of the banking services and with the implementation of Pradhan Mantri Jan-Dhan Yojana", Modi said.

Other reports by Insurance News

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