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Narendra Modi

Prime Minister Narendra Modi lambasted previous administrations for their lack of vision and investment in modern technology, particularly in the semiconductor sector, during the inauguration of three semiconductor projects in Gujarat’s Dholera, collectively valued at approximately ₹1.25 lakh crore.

In a scathing critique, PM Modi highlighted the failure of past governments to seize opportunities in semiconductor manufacturing, dating back to the 1960s. He emphasized that India’s dream of becoming a semiconductor hub remained unfulfilled due to a dearth of bold decision-making and a neglect of high-tech sectors. Modi condemned the complacency of previous administrations, asserting that their reluctance to invest in semiconductor technology stemmed from a misconception that India, as a developing nation, was ill-equipped to manage such advanced industries.

“The previous governments were preoccupied with scams and neglected crucial investments in modern technology,” Modi remarked. “Their hesitation to prioritize semiconductor manufacturing hindered India’s progress and perpetuated the belief that a developing nation couldn’t excel in high-tech fields.”

The COVID-19 pandemic, according to Modi, underscored the necessity for a resilient supply chain, prompting India to assert its capabilities in this domain. Modi affirmed India’s readiness to assume a significant role in global semiconductor production, emphasizing that decisions and policies made today would bolster the nation strategically for the future.

Contrasting his administration’s forward-thinking approach with the regressive mindset of previous governments, Modi emphasized the imperative of advancing in the semiconductor sector to compete with developed nations while concurrently addressing pressing national priorities such as poverty alleviation, sanitation, and infrastructure development.

“India’s journey in the semiconductor sector marks a significant stride towards self-reliance and global competitiveness,” Modi declared. “We are determined not to squander any opportunities in the fourth industrial revolution, positioning India as a dynamic player on the world stage.”

Highlighting the inauguration of projects worth over ₹12 lakh crore since 2024, Modi reiterated his government’s commitment to transformative initiatives aimed at propelling India’s progress across multiple fronts.

In conclusion, Modi affirmed India’s resolve to break free from the shackles of past inertia and embrace a future characterized by innovation, resilience, and self-reliance.

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New Delhi:  Prime Minister Narendra Modi commended the Defence Research and Development Organisation (DRDO) scientists for the successful completion of Mission Divyastra, which marked the first flight test of the indigenously developed Agni-5 missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) technology.

The groundbreaking test flight showcased the unique capabilities of the Agni-5 missile, as it demonstrated the ability to deploy multiple warheads at different locations, thanks to the advanced MIRV technology. This significant achievement places India among a select group of nations possessing MIRV capabilities.

The integration of indigenous Avionics systems and high-accuracy sensor packages further enhances the precision and effectiveness of the re-entry vehicles, ensuring that they reach their designated targets with unparalleled accuracy. This milestone underscores India’s expanding technological prowess and reinforces its status as a key player in the global defense arena.

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Google has issued a formal apology to the Indian government and Prime Minister Narendra Modi over misleading and unreliable responses generated by its AI platform, Gemini. The controversy emerged when Gemini was criticized for providing unsubstantiated information about Prime Minister Modi, raising concerns about the accuracy and bias within AI-generated content.

The Minister of State for IT & Electronics, Rajeev Chandrasekhar, disclosed that the Indian government had sought an explanation from Google regarding the discrepancies observed in Gemini’s outputs. In response, Google acknowledged the issues with Gemini, admitting the platform’s unreliability and extending an apology to Prime Minister Modi and the Indian authorities. This incident unfolds amid India’s tightened scrutiny over AI platforms, with the government indicating plans to introduce permits for AI operations within the country. Chandrasekhar stressed the importance of AI platforms adhering to the respect and legality due to Indian consumers, hinting at the legal consequences under IT and criminal laws for spreading false information.

Further complicating matters for Google, Gemini was accused of displaying racial bias and historical inaccuracies. A particularly contentious issue arose when the AI chatbot reportedly declined to generate images of white individuals and inaccurately portrayed historical white figures as people of color. These allegations have led to widespread criticism and calls for Google CEO Sundar Pichai’s resignation.

In the wake of the backlash, Google took immediate action to disable Gemini’s human image generation feature. Sundar Pichai described the error as “completely unacceptable” and committed to addressing the issues raised. Despite Google’s efforts to mitigate the situation, calls for Pichai’s resignation have intensified. Analysts Ben Thompson and Mark Shmulik have voiced their opinion on the necessity for leadership changes at Google, suggesting that overcoming these challenges may require new management direction, potentially implicating CEO Sundar Pichai himself.

Thompson highlighted the need for a transformative change within Google, advocating for a leadership overhaul to rectify past mistakes. Similarly, Shmulik questioned the current management team’s capability to steer Google through these tumultuous waters. As Google pledges to refine and improve its AI technologies, the company faces a critical juncture. The controversy underscores the broader challenges facing AI development, including ensuring accuracy, fairness, and the ethical use of technology in a rapidly evolving digital landscape.

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Krishnanagar, West Bengal: Prime Minister Narendra Modi, in a powerful address at the ‘Bijoy Sankalpa Sabha’ in Krishnanagar, West Bengal, has outlined an ambitious electoral target for the state’s BJP, calling for a resounding victory in all 42 Lok Sabha seats. Modi, addressing a large gathering, launched a scathing critique of the ruling Trinamool Congress (TMC), alleging widespread corruption and setting the stage for an intense electoral battle.

Accusing the TMC of embodying “Tu, Main aur Corruption” (You, Me, and Corruption), Prime Minister Modi rallied the crowd, expressing confidence in the prospect of an overwhelming victory for the National Democratic Alliance (NDA) in West Bengal. “Seeing you all gathered here in such huge numbers is giving me the confidence to say ‘NDA sarkar, 400 paar'” (NDA government, beyond 400 seats), he declared.

In his address, Modi denounced the TMC for what he described as a legacy of atrocities, dynasty politics, and betrayal. He highlighted the disappointment among the people of West Bengal with the functioning of the state government, laying the groundwork for a narrative centered on change and good governance.

Referring to the troubling incidents in Sandeshkhali, where women accused TMC leaders of sexual abuse, Prime Minister Modi criticized the state government’s response. He alleged that instead of supporting the distressed women, the government sided with the accused, further emphasizing the need for a change in leadership.

“The mothers and sisters kept pleading for justice, but the TMC government did not listen to them. They took votes in the name of ‘Maa Mati Manush,’ but now the mothers and sisters are weeping in West Bengal. The situation in the state is such that here, the criminals decide when to get arrested,” Modi remarked.

As the political landscape intensifies in West Bengal, Prime Minister Modi’s call for winning all 42 Lok Sabha seats reflects the BJP’s strategic approach to emerge as a dominant force in the state. The stage is set for a fierce electoral battle, with both the BJP and the TMC gearing up for a high-stakes contest in the upcoming elections.

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New Delhi: In a groundbreaking move, the Modi government is set to welcome 25 private sector specialists into crucial government roles, marking a significant stride towards enhancing governance efficiency. This initiative, part of the government’s ongoing efforts to streamline administration and bolster policy-making, was announced today by officials in the national capital.

The Appointments Committee of the Cabinet (ACC), led by Prime Minister Narendra Modi, has green-lighted the induction of three joint secretaries and 22 directors/deputy secretaries across various central government departments. Traditionally, these influential positions have been occupied by career bureaucrats from all-India services, including the Indian Administrative Service (IAS), Indian Police Service (IPS), and Indian Forest Service (IFoS), among other Group A services.

This latest wave of appointments is facilitated through the lateral entry mode, a strategy designed to infuse the government with fresh talent and perspectives by recruiting specialists from the private sector directly into key administrative roles. Initiated in 2018, the lateral entry scheme targets levels critical to policy formulation and implementation, aiming to leverage the unique insights and expertise that seasoned professionals from outside the traditional civil service can offer.

Since its inception, the lateral entry scheme has sought to enrich the government’s administrative capabilities by opening its doors to domain experts. The Personnel Ministry first sought applications for 10 joint secretary-level positions in June 2018, a pioneering step executed via the Union Public Service Commission (UPSC). Following this, in October 2021, the UPSC recommended 31 candidates for various roles, signaling a continued commitment to this innovative approach to governance.

To date, 38 private sector specialists have been incorporated into the government through this scheme, with 33 currently active in their respective roles, including eight joint secretaries, 16 directors, and nine deputy secretaries. This initiative not only represents a paradigm shift in the recruitment policy but also underscores the government’s dedication to adopting best practices from the private sector to enhance decision-making and policy effectiveness.

The lateral entry scheme emphasizes the government’s openness to diverse professional backgrounds, aiming to attract individuals with specialized knowledge and experience that align with the government’s strategic objectives. By doing so, it seeks to create a more dynamic, responsive, and efficient administrative framework capable of addressing the complex challenges of modern governance.

As these 25 new specialists prepare to assume their roles, the government’s message is clear: the infusion of external talent is not just an experiment but a long-term strategy to enrich India’s administrative services with fresh ideas, innovative approaches, and a renewed focus on results-driven governance.

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New Delhi, India: Prime Minister Narendra Modi marked the inauguration of Bharat Tex 2024 at Bharat Mandapam, New Delhi, shedding light on the government’s dedication to enriching the textile sector in India. The PM emphasized the importance of tradition, technology, talent, and training to propel the sector into a new era.

In his heartfelt address, Prime Minister Modi highlighted the significance of Bharat Tex 2024 as an extraordinary platform showcasing India’s exceptional talents in the textile industry. He pointed out that beyond textiles, Khadi has emerged as a powerful force, bringing empowerment to women across the country.

“Bharat Tex’s thread is weaving together India’s illustrious history with the talents of today,” remarked PM Modi, characterizing the event as special due to its location at India’s two largest exhibition centers, Bharat Mandapam and Yashobhoomi.

Over the course of four days, Bharat Tex 2024 has attracted over three thousand exhibitors, three thousand buyers from a hundred countries, and 40 thousand trade visitors. This textile event is considered one of the most significant global textile gatherings hosted in India, aligning seamlessly with PM Modi’s five F vision – farm to fibre, fibre to factory, factory to fashion, and fashion to foreign.

Union Textiles Minister Piyush Goyal commended the grand organization of India’s biggest textile show, aligning with the Prime Minister’s vision for the comprehensive growth of the textile industry.

The event is poised to play a crucial role in showcasing India’s prowess in the textile sector on the global stage, fostering collaborations, and steering the industry toward sustainable growth. The government’s holistic approach, incorporating tradition, technology, talent, and training, aims to fortify India’s position as a textile powerhouse.

Bharat Tex 2024 serves as a testament to India’s commitment to innovation, quality, and excellence in the textile industry, setting the stage for a vibrant future in this critical sector.

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Prime Minister Narendra Modi immersed himself in the azure waters off the Arabian Sea coast at Panchkui beach in Gujarat. Dressed in scuba gear, the Prime Minister undertook scuba diving to offer prayers at the underwater site believed to be the submerged ancient city of Dwarka, closely associated with Lord Krishna.

Sharing the extraordinary experience on social media, PM Modi posted photos of himself descending into the deep sea to perform the underwater puja. The ancient city of Dwarka holds immense cultural and spiritual significance, and according to legend, it submerged after Lord Krishna’s departure.

Expressing his emotions, PM Modi wrote, “To pray in the city of Dwarka, which is immersed in the waters, was a very divine experience. I felt connected to an ancient era of spiritual grandeur and timeless devotion. May Bhagwan Shri Krishna bless us all.”

During the underwater sojourn, Modi paid homage to Dwarka and offered peacock feathers as a tribute. In a public meeting in Dwarka, he shared the profound experience, stating, “A decades-old dream was completed today.”

Earlier in the day, PM Modi initiated his spiritual journey by offering prayers at the famous Dwarkadhish Temple in Gujarat. Dwarkadhish Temple, situated at the confluence of the Gomti River and the Arabian Sea, is a significant Hindu pilgrimage site dedicated to Lord Krishna.

The Prime Minister’s visit to Dwarka also marked the inauguration of Sudarshan Setu, India’s longest cable-stayed bridge, connecting Okha mainland and Beyt Dwarka. The bridge, formerly known as the ‘Signature Bridge,’ has been renamed ‘Sudarshan Setu’ and spans approximately 2.32 km. Constructed at an estimated cost of ₹979 crore, the bridge features a four-lane road with wide footpaths on either side.

PM Modi’s two-day visit to Gujarat began with a vibrant roadshow in Jamnagar, where enthusiastic crowds chanted slogans in his support. The visit showcases a mix of spiritual reverence, infrastructure inaugurations, and public engagements.

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In a significant move towards bolstering healthcare infrastructure, Prime Minister Narendra Modi is scheduled to dedicate five new All India Institute of Medical Sciences (AIIMS) facilities today. The AIIMS campuses, located in Rajkot, Bathinda, Mangalagiri, Raebareli, and Kalyani, mark a substantial development push ahead of the impending Lok Sabha elections in 2024.

AIIMS Kalyani:
The AIIMS unit in Kalyani, West Bengal, occupies an expansive area exceeding 20,000 square meters. Commencing its academic session on September 4, 2019, with an initial batch of 50 MBBS students, the campus has encountered controversy for allegedly operating without proper environmental clearance, as reported by Hindustan Times.

AIIMS Raebareli:
The Raebareli AIIMS campus had its Outpatient Department (OPD) partially operational since August 10, 2018, as approved under the Phase-II of Pradhan Mantri Sawasthya Suraksha Yojana in 2009 during the Congress-led UPA government.

AIIMS Mangalagiri:
Initiating its OPD facility on March 12, 2019, the Mangalagiri AIIMS campus in Andhra Pradesh commenced academic sessions from a newly constructed temporary campus at Vijayawada’s Government Siddhartha Medical College in 2018.

AIIMS Rajkot:
With the first academic batch commencing in 2020, the AIIMS Rajkot website highlights the institution’s commitment to medical education. PM Modi is set to address a rally at the Race Course ground in Rajkot after inaugurating the AIIMS facility.

AIIMS Bathinda:
Situated in Bathinda, Punjab, the AIIMS facility boasts 39 functional departments, reflecting a comprehensive approach to medical services and education.

The Prime Minister’s dedication of these AIIMS campuses underscores the government’s commitment to enhancing healthcare accessibility and quality across different regions of the country.

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New Delhi, India – In a significant move to bolster India’s agricultural infrastructure, Prime Minister Narendra Modi launched the world’s largest grain storage plan in the cooperative sector on Saturday. The ambitious scheme aims to create a storage capacity of 700 lakh tonnes over the next five years, with a substantial investment of ₹1.25 lakh crore. The initiative envisions the construction of thousands of warehouses and godowns across the country, benefitting farmers and transforming the agricultural landscape.

As part of the inauguration ceremony, PM Modi unveiled 11 godowns established by 11 primary agricultural credit societies (PACS) spread across 11 states. Additionally, he laid the foundation for the development of godowns and other agricultural infrastructure in 500 more PACS. The Prime Minister also inaugurated a comprehensive project for the computerization of 18,000 PACS nationwide, marking a pivotal step toward modernizing agricultural practices.

Addressing the gathering, PM Modi highlighted the historical neglect of storage infrastructure by previous governments, resulting in substantial losses for farmers. He underscored the government’s commitment to addressing this crucial issue through PACS and emphasized that the world’s largest food grain storage program would create a storage capacity of 700 lakh tonnes in the next five years, backed by an investment exceeding ₹1.25 lakh crore.

Farmers are expected to benefit significantly from this initiative as they will now have access to well-equipped godowns and warehouses, enabling them to store their produce, obtain institutional credit against it, and strategically sell their items when market prices are favorable.

PM Modi took the opportunity to critique past administrations for their lack of attention to this critical problem and commended the cooperative sector for spearheading the solution. He encouraged cooperative organizations to actively contribute to reducing the import dependence of essential food items, including edible oils, pulses, and fertilizers. Modi suggested that cooperatives compile a list of imported items and develop a strategic plan to enhance local production or manufacturing.

In his concluding remarks, PM Modi emphasized the need to reduce fuel imports and highlighted the government’s significant efforts in ethanol production. He urged cooperatives to play a pivotal role in realizing this vision and contributing to India’s self-reliance in key sectors.

The launch of this expansive grain storage scheme marks a significant milestone in India’s journey toward agricultural modernization and self-sufficiency, showcasing the government’s commitment to empowering farmers and fostering sustainable agricultural practices.

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New Delhi: In a promising trajectory, India is set to become the world’s third-largest economy by 2027, surpassing economic powerhouses like Japan and Germany, according to a recent report by Jefferies, a leading global investment banking company. The report highlights India’s anticipated GDP reaching $5 trillion in the next four years, signaling significant economic growth on the horizon.

Jefferies emphasizes that India’s economic landscape is evolving into a formidable $10 trillion market by 2030, making it an irresistible prospect for global investors. Over the past decade, India has made a substantial leap from being the ninth-largest economy to securing the fifth position, boasting a nominal GDP of $3.4 trillion. On a purchasing power parity (PPP) basis, India already holds the prestigious title of the world’s third-largest economy, with a GDP of $13.2 trillion.

Despite facing challenges posed by major reforms such as the Goods and Services Tax (GST), bankruptcy law, Real Estate Regulation Act (RERA), and demonetization, India’s GDP has displayed resilience, consistently expanding. Jefferies acknowledges the short-term impacts of these reforms but underlines their positive long-term implications for the economy.

The report underscores India’s projected growth rate of 6% over the next five years, positioning the country as an outlier in a global landscape where many large economies are grappling with declining growth rates. Jefferies predicts that India will rapidly ascend to the third spot in the world’s GDP rankings by the end of this decade.

Jefferies’ optimism extends to the Indian equity markets, anticipating them to deliver robust 8%-10% dollar returns over the next five to seven years. The structural shift of savings towards equities and the potential listing of large unicorns in India are identified as key drivers that could propel the country’s market cap beyond $10 trillion by 2030.

While India currently holds the fifth-largest market cap globally, its eighth-ranking in the Bloomberg World Index, with a weight of 2.0%, presents significant opportunities for foreign investors. Jefferies believes that increasing investment in the world’s fastest-growing country is not only feasible but advantageous. A rise in the country’s weight in global funds makes Indian stocks an attractive proposition for a diverse set of equity investors.

As India continues its economic ascent, Jefferies emphasizes the potential for foreign investors to actively engage in and benefit from the unfolding chapters of India’s growth story. The country’s journey toward global economic prominence is not just a statistic; it’s a compelling narrative of resilience, reform, and remarkable progress.

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