Prime Minister Narendra Modi said in the Bloomberg Economy Forum on Tuesday that every era has had its own sources of power, its own definition, but a big change is taking place in the 21st century. Today technology is power, data is power, knowledge is power. He said that the important question today is not who has the power, but how it is being used.
He raised the question whether technology will advance only a few people or create new opportunities for crores of people. Will knowledge remain the power of only a few people or will it enhance the capabilities of everyone?
Prime Minister Modi said, ‘This human emotion of Power to Empower is not just for preaching to others. Thousands of years of tradition have taught us this. In India, we have shown this by implementing it in our governance and our work culture.
What else did PM Modi say in the New Economy Forum?
Prime Minister Modi said,
- India is Mother of Democracy. There are more than 100 languages in India. There are about 80,000 registered newspapers and publications. There are more than 1,000 satellite TV channels.
- Not only this, in the era of social media, there are more than 500 million YouTube users in India. There are more than 500 million Instagram users. There is open debate on various issues here, the public discusses various issues here. Digital power has played a big role in this.
He said,
I would tell those guests who have come from abroad to try out India’s digital payment ecosystem. In our case, a street vendor and a car showroom have different businesses, their scale is different, but in India both of them are using the same platform for digital payments. This is the power of inclusive technology.
2.5 lakh startups in the country, half from small cities and towns
Prime Minister Modi said, before 2014, there used to be only a few hundred startups in India, now their number in the country has increased to more than 2.5 lakh. Nearly half of the startups come from small cities and towns. 45% of startups have a woman director or partner. This means that opportunities for innovation are reaching more people, more talents are coming to the fore.
He said that using technology, we have made a system to deliver government assistance directly to the bank accounts of the beneficiaries. Due to this, corruption has reduced, the convenience of the citizens of the country has increased, and a direct path has been created between the government and the citizens.
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Source: ndtv.in
