IIT-2020 Global Summit: PM says...Fully committed to the principle of Reform, Perform and Transform

 IIT-2020 Global Summit: Prime Minister Narendra Modi has said that the Government is fully committed to the principle of "Reform, Perform, Transform". He stressed that there is no sector left out from the ambit of reforms. He listed many path-breaking reforms brought in by the Government in various sectors such as assimilating 44 Union labour laws into just 4 codes, having one of the lowest corporate tax rate in the world, Production Linked Incentive Scheme in ten key sectors to enhance exports as well as manufacturing.

Prime Minister said our actions today will shape our planet's tomorrow. He stressed that the post Covid-19 order will be about: Re-learning, re-thinking, re-innovating and re-inventing. This, along with a series of economic reforms in almost every field is what will re-energise our planet.

The Prime minister said, the collective force of the PanIIT movement can add momentum to the dream of becoming an Aatmnirbhar Bharat or self-reliant India. He called the Diaspora, India’s Brand Ambassadors whose  voice was critical in ensuring that the world understood India's view-points in the right spirit.

The Prime Minister said a culture of hackathons is developing in India in recent times and in these hackathons, young minds are giving out-standing solutions to national and global problems. He added that the Government is working with many countries in South East Asia and Europe to  ensure  that our youngsters get an international platform to showcase their skills and learn from best  practices globally.

The Prime Minister said India is witnessing a sea change in the way it works. He said earlier, when IITs produced aero-space engineers, there was not a strong domestic industrial ecosystem to employ them. Today, with the historic reforms in the Space sector, the last frontier before humanity has opened up to Indian talent. That's why new space tech startups are coming up every day in India. He expressed confidence that some of those in the audience would boldly go where none have gone before. Cutting edge and innovative work is happening across many sectors in India.

Today, a large number of IIT alumni are in global leadership positions spread across industry, academia, arts, governments. Therefore he urged the alumni to debate, discuss and contribute to solutions in the emerging New World Tech Order.