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India-Russia ties have grown stronger and deeper over time, says PM

Prime Minister Narendra Modi was on Friday addressing the plenary session of the St Petersburg International Economic Forum.

Before the address, Modi visited the Institute of Oriental Manuscripts in St. Petersburg, where some of India’s historical and holy manuscripts are kept.

Here are live updates on Modi’s visit:

125 crore people of India are inviting you- explore the opportunities in India: Modi

In India there is lot of work underway in renewable energy: Modi

I see immense opportunities in manufacturing healthcare equipment, defence sector, services sector: Modi

In India, sky is the limit. There are opportunities in several sectors: Modi

Number of people who travel by train in India will be more than population of many nations. Hence, railway infra is vital: Modi

India is urbanising rapidly and this makes the need of infrastructure and waste management mechanisms even more important: Modi

In India, we are nurturing an eco-system where the youth of India becomes a job creator, not job seeker: Modi

New India is about upgraded infrastructure: Modi

It is also agreed that among the top FDI destinations in the world, India figures highly: Modi

India is a fast growing economy – this is a sentiment leading global agencies are reflecting: Modi

We have removed over 1,200 laws that are obsolete in today’s context. This is a manifestation of our belief in ‘minimum government’: Modi

Our constant aim is to bridge the digital divide. Over the last three years the impetus to financial inclusion has been tremendous: Modi

We are living in the era of technology. In that context, a digital divide can adversely affect the development trajectory of any nation: Modi

GST will be implemented and there will be a uniform system of taxation. This will benefit industry: Modi

Political will, political stability and clear vision set the tone for transformative reforms: Modi

In the last three years there have been substantial reforms, guided by the principle of ‘Minimum Government, Maximum Governance’

The eyes of the world are on Asia and there is renewed interest in India

India- Russia ties are not utilitarian. There is an underlying trust in our ties and our ties have grown stronger and deeper over time

At a time when we mark 70 years of strong ties with Russia, I am happy to be here among you

I want to specially thank President Putin for inviting me to this forum, that too in his homeland

5.29pm: PM Modi is speaking at Plenary Session of St Petersburg International Economic Forum.

Source: HindustanTimes