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Home Investment

Invest: Private sector is crucial for progress

Fiinews by Fiinews
February 17, 2025
in Investment
Reading Time: 2 mins read
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PM addressing the gathering at the ET Now Global Business Summit 2025, in New Delhi on 15 Feb 2025.

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Drone sector provides vast opportunities, says PM Modi  

The Government considers the private sector a crucial partner in the journey towards a Viksit Bharat, and as such has opened many new sectors to private investors, Prime Minister Narendra Modi said at the inauguration of ET Now Global Business Summit 2025 in New Delhi on 15 Feb.

Elaborating, he pointed out that many young people and startups are making significant contributions in the space sector http://narendramodi.in.

He highlighted that the drone sector, which was closed to the public until recently, now presents vast opportunities for the youth.

“The commercial coal mining sector has been opened to private firms, and auctions have been liberalized for private companies,” he informed the delegate at the summit http://pmindia.gov.in.

The Prime Minister remarked that the private sector plays a significant role in the country’s renewable energy achievements, and the Government is promoting private sector participation in the power distribution sector to enhance efficiency https://fieo.org/.

He also underlined that a significant change in the recent budget is the opening of the nuclear sector for private participation.

Prime Minister remarked that today’s politics has become performance-oriented and the people of India have clearly stated that only those connected to the ground and delivering results will sustain https://www.bseindia.com/.

PM Modi emphasized that the Government must be sensitive to people’s problems and noted that previous policymakers lacked sensitivity and willpower https://sbi.com.in/.

“The true foundation of a developed India is trust and this element is essential for every citizen, every government, and every business leader,” emphasised PM Modi https://www.nseindia.com/.

He highlighted that the Government is working with full strength to instill confidence among the citizens, adding that Innovators were being provided with an environment where they can incubate their ideas, while businesses were assured of stable and supportive policies.

The Prime Minister concluded by expressing hope that the ET Summit will further strengthen this trust. Fiinews.com

Tags: PMO India
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