write speech on the emergence of india on global level
note- you have to mentioned India's achievement in world??
specially in BRIC, UNESCO,UNO,WTO ,ARMY,ECONOMIC, And whatever you think necessary pls pls send me as its very important,
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Here's the full text of his speech:
I am very happy to be here today. The global economy is going through a period of uncertainty. At a time like this I am glad that so many participants not only from India, but also from abroad have taken the time to come here. I am sure all of us in India will benefit from the experience of other countries. I will take this opportunity to present to you some of my thoughts on the progress of the Indian economy and on the business environment in India.
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Some of you may recall what I have said before —that true reforms are those which result in transformation in the lives of citizens. As I have said before, my goal is “reform to transform”. Let me start with the basics. What should be the basic guiding principles of economic policy in any country?
Firstly, we have to improve the use of our natural and human resources, to increase the value addition we can get from them. This means increasing the efficiency in allocation of resources. It means greater managerial efficiency. It means removing unnecessary controls and distortions.
Secondly, we should create new opportunities for citizens to progress and also give them a choice of opportunities. Opportunity is like oxygen to the aspirational citizen and we are keen that this is never in short supply. In simple terms, it means Sabka Saath, Sabka Vikas.
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Thirdly, we have to increase the quality of life of the common citizen and even more so, the quality of life of the poor. Quality of life may have an economic aspect, but it is not economics alone. If a government is progressive, and runs an honest and efficient administration, the biggest beneficiaries are the poor. I know from my experience, that poor governance hurts the poor more than it hurts others. Therefore, improved governance is as important as economic reform.
We live in a globally connected world. Actions of one country affect another. Such actions are not only based on trade and investment but also in matters of pollution and environment. A poet had said that no man is an island. Today it can be said that no country can live alone. It is often said that all politics is local. To me, all economics is global. Indeed the distinction between domestic affairs and foreign affairs is increasingly losing relevance. For a country in the modern day, it is not sufficient that its economic policies should only address its domestic priorities. To me, India’s policies must be such that they make a positive contribution to the rest of the world.
Many of you are aware of the contribution India can make to the global economy at a time of economic stagnation in many parts. For the last four quarters, India has been the fastest growing large economy in the world. In 2014-15, India contributed 7.4% of global GDPin purchasing power terms. But it contributed 12.5% of global growth. Thus its contribution to growth is 68% higher than its share of the global economy. FDI in India has increased by 39% in the last 18 months, at a time when global FDI has fallen.
But a country’s contribution goes beyond economics. Protecting our planet from climate change is one of the most important tasks for this generation. If one country reduces its environmental footprint, it creates benefits for all others. It is for this reason that in the COP 21 Summit, India made far reaching commitments towards the larger welfare of the planet. In history, every country that has grown has increased its per capita emissions footprint. We are committed to re-writing that history. We are committed to reducing the emission intensity of our GDP by 33% by 2030 even while growing at a fast pace. For a country which is already at a very low base of per capita emission, this is a very ambitious target. We have committed that by 2030, 40% of our electric power capacity will be from non-fossil fuel. We have also committed to building an additional carbon sink of over 2.5 billion tonnes of carbon dioxide equivalent. This will be done by creating additional forest cover by 2030. This commitment is from a country with a very low per capita land availability. We have taken the lead in launching an international solar alliance, involving 121 countries falling between the Tropic of Cancer and the Tropic of Capricorn. This initiative will help many developing countries, from Africa to South America, to take advantage of developments in renewable energy around the world.
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