PM Narendra Modi delivered a special keynote address at US-India Strategic Partnership Forum's 3rd Annual Leadership Summit on Thursday.
Speaking at the summit, the PM said that India was among the first in creating a responsive system of lockdowns. "India was among the first to advocate the use of masks and face covering as a public health measure. We are also among the earliest to create public awareness campaigns about social distancing."
2020 has been a tough year for all. Modi pointed this out and said, "When 2020 began, did anyone imagine how it would pan out? A global pandemic has impacted everyone. It's testing our resilience, public health system & economic system."
While speaking about how India is battling one of the deadliest crisis, the PM said, "In record time medical infrastructure was scaled up be it COVID hospitals, ICU capacities and more. Starting from 1 COVID testing lab in January, we now have around 1,600 labs across the country."
He also emphasised on India's low mortality rate and increasing number of recoveries. "India, a country with 1.3 billion people and limited resources, has one of the lowest death rates per million in the world. The recovery rate is also steadily rising."
"The pandemic has impacted several things but it has not impacted the aspirations and of ambitions of 1.3 billion Indians. In recent months, there have been far-reaching reforms. These are making business easier and red-tapism lesser"
He added that "1.3 billion Indians have embarked on one mission to make an 'Aatmanirbhar Bharat' (self-reliant India). 'Aatmanirbhar Bharat' merges the local with the global. It ensures India's strengths act as a global force multiplier."
The PM added, "For challenges in India, you have a government that believes in delivering results, for which ease of living is as important as ease of doing business. You are looking at a young country with 65% population less than 35 years old."
He said, "Pandemic has shown world that decision on developing global supply chains should be based not only on costs. They should also be based on trust. Along with affordability of geography, companies are now looking for reliability&policy stability. India has all of these qualities."
The PM said that India is also focusing on ramping up capacities and securing the poor. "While looking at the way ahead, we should keep our focus on ramping up our capacities, securing the poor, future-proofing our citizens. This is the path India is taking."
Speaking about the country tax regime, the PM said, "India offers a transparent and predictable tax regime. Our system encourages and supports honest tax payers."
As several experts have pointed out earlier, the PM also said that "The road further ahead is full of opportunities. These opportunities are in the public and private sector. They cover core economic sectors as well as the social sectors."