PM Modi further added, “It gives me immense satisfaction to see that a change in India brings the change in figures for the world.”
Riyadh: On Tuesday Prime Minister Narendra Modi said that he is not from a “political family” but carries a very humble background and has selling tea on the railway platform was a part of his life journey.
“My family background is not that of any big political. I have not learned about poverty from the books but I have lived it. I have reached here by selling tea on the railway platform,” said Prime Minister Modi during the question-answer session at the Future Investment Initiative program.
“Within a few years, India will be successful in eradicating poverty. My fight against poverty is by empowering the poor. Poor people need dignity. When a poor person says that he will himself end his poverty, then there is no greater satisfaction. All we need is to provide him with dignity and empower him,” said PM Modi.
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Modi said that constructing toilets and opening bank accounts have empowered the poor in India and have given them a sense of dignity. When there is a change in India, then the figures in the whole world change.
PM Modi further added “It gives me immense satisfaction to see that a change in India brings the change in figures for the world. When we make India open-defecation-free (ODF) or eradicate poverty, then the figures of the world change. It gives me satisfaction to contribute and improve the world,”.
Prime Minister Modi responded when asked about his government’s schemes of building toilets and other popular programs for Indian citizens.
India has:
Political stability.
Predictable policies.
Diverse markets.
This is a great time to invest and do business in India. pic.twitter.com/kA0W9uPO6p
— Narendra Modi (@narendramodi) October 29, 2019
As PM Modi sought to invest from oil kingpin Saudi Arabia and other nations to boost supplies on Tuesday, he also announced that India will invest a massive $100 billion in oil and gas infrastructure to meet the energy needs of an economy that is being targeted to nearly double in five years.
The Prime Minister said, “India is investing heavily in oil and gas infrastructure and promising stable, predictable and transparent policy regime to catalyze foreign investments.
Modi added that $100 billion will be spent by 2024 to create additional oil-refining capacity, laying new pipelines and building gas import terminals.
Currently, the world’s third-largest energy consumer is 83% dependent on imports to meet its oil needs and about half of its gas needs are shipped from abroad. It’s per capita energy consumption is a fraction of the global average and it is now investing heavily in physical infrastructure as well as city distribution to boost availability in a growing economy.
New Delhi is keen to expand this partnership beyond the buyer-seller relationship into a strategic one with cross investments as Saudi Arabia is India’s second-largest supplier of crude oil.
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