Covid-19 Crisis Has To Be Converted Into A Turning Point For India's Growth: PM Modi | Key Takeaways

PM Modi LIVE address today: With focus on self-reliance, Prime Minister Narendra Modi said that the crisis of Covid-19 can prove to be a turning point for India.

PM Modi LIVE address today: Prime Minister Narendra Modi in his address to the Indian Chamber of Commerce (ICC) on the occasion of its 95th annual plenary session, via video conferencing, said that the while the world is fighting the pandemic, India has to convert

PM said while the whole world is fighting the corona virus, India's fight has been coupled with other crises like floods, locust attack, 'Pongopal' havoc, hailstorms, fire in Assam oil-field, and small earthquakes. "Every single person in fighting against the pandemic, but in the midst of all this, every countryman is now also filled with the resolve that this disaster is to be converted into an opportunity, we have to make it a big turning point of the country," he said.

Here are the main takeaways from PM's address: 

• People-centric, people-driven and planet-friendly development approach have now become a part of governance in the country. Our Technological Interventions are also compatible with the idea of ​​'People, Planet and Profit'.
• We have to revive the historical excellence of Bengal in manufacturing sector. We've always heard "What Bengal thinks today, India thinks tomorrow". We have to take inspiration from this and move forward together.
• The cluster based approach for Local Products which is now being promoted in India is also an opportunity for everyone. Clusters associated with these will be developed in the districts, blocks in which they are developed.
• The recent decisions for farmers and rural economy have freed agriculture economy from years of slavery. Now the farmers of India have got the freedom to sell their product, their produce anywhere in the country
• For everything that we are forced to import, we should work on how they can be made in India, how to make India an exporter of the same products in future.
• At this time we've to take Indian economy out of 'command and control' and take it towards 'plug and play'. This isn't the time for conservative approach. It's time for bold decisions & bold investments. It's time to prepare a globally competitive domestic supply chain.
• Every citizen of this country has resolved to turn this crisis into an opportunity. We have to make this a major turning point for this nation. What is that turning point? A self-reliant India
• The world is fighting Coronavirus, India is fighting that too. But there are other issues also. Flood, locusts, hailstorm, fire in oil well, small earthquakes, two cyclones - we are fighting all of these together.

The address holds significance as India faces a tough time at economic front, as economic activities, which affected growth of the country, had been suspended for over two months due to coronavirus-induced lockdown. The country has now started its unlocking phase and cities are abuzz again with activities and commutation. Malls, hotels and religious places have also started to open up gradually.

Earlier this month on June 2, PM had addressed the annual general meeting of the Confederation of India Industry (CII). He had exuded confidence that India would get back its economic growth while addressing the industry players. He said that the process of India's growth begun with phase 1 of unlocking. He also stated that at a time when the world is looking for a trusted, reliable partner, India has the potential, strength and ability for it.

He said that the country now needs to manufacture products which are ''Made in India'' but are ''Made for the World''.

On Wednesday, PM Modi, conducted a review of the Kedernath Math development and reconstruction project via video conferencing. The Prime Minister said that the Uttarakhand government should envision and design development projects for holy sites like Kedarnath and Badrinath in a manner that stands the test of time.

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