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Terrorism, climate change are two big challenges humanity faces in these times: PM Modi at Seoul's Yonsei University

Prime Minister Narendra Modi Addresses India-Korea Business Symposium

News Nation Bureau | Edited By : Victor Dasgupta | Updated on: 21 Feb 2019, 01:56:44 PM
LIVE: PM Narendra Modi addresses India-Korea Business Symposium

New Delhi:

Prime Minister Narendra Modi on Thursday said terrorism and climate change are two biggest challenges mankind is facing now and Mahatma Gandhi's teachings can help the world to address the pressing issues.

Prime Minister Modi, who arrived on a two-day visit to strengthen India's strategic ties with South Korea, along with South Korean President Moon Jae-in and former UN Secretary-General Ban Ki-moon unveiled a bust of Mahatma Gandhi at the prestigious Yonsei University.

"It is a matter of great honour and my good fortune to unveil the bust of Mahatma Gandhi in Korea's premier university today," PM Modi said. "This occasion assumes greater significance since we are celebrating the 150th anniversary of Gandhi and for the world he is the foremost messiah," he said. "Terrorism and climate change are two biggest challenges mankind is facing now," he said and underlined that Mahatma Gandhi's teachings can help the world address the pressing issues.

PM Modi is visiting South Korea on the invitation of President Moon Jae-in. This is his second visit to the Republic of Korea since 2015 and second summit meeting with President Moon Jae-in. 

Earlier today, PM Modi said fundamentals of the Indian economy are sound and it is on the way to becoming a USD 5 trillion economy soon. Addressing the India Korea Business Symposium, he said India is now a more open economy and has attracted USD 250 billion foreign direct investment (FDI) in the last four years. He said no other large economy in the world has grown at 7 per cent year after year.

India, he said, has jumped to 77th spot on the World Bank's ease of doing business ranking on the back of reforms and is determined to break into the top 50 next year. The role of the government is to provide a support system, PM Modi said, adding that India has emerged as a land of opportunities. 

Prime Minister Narendra Modi arrived in South Korea for his two-day visit. The two countries will seek to enhance cooperation in diverse areas, including trade and investment. He will also participate in various programmes during the visit, aimed at boosting New Delhi’s trade and cultural ties with Seoul. This is Modi's second visit to the Republic of Korea and a second summit meeting with President Moon Jae-in. Ahead of his visit, the Prime Minister had described South Korea as an important partner for India's key initiatives such as 'Make in India', and said as fellow democracies the two nations share values and vision for regional and global peace.

Here are the highlights of the PM Narendra Modi's speech:

Mahatma Gandhi used to say when you are taking any decisions and there is a dilemma in the heart. All you have to think is the person who is standing at the end of the line. Think of that person and take the decision, says PM Modi.

When you have the bust of Matahma Gandhi in university, it will inspire the students, says PM Modi.

'Vaishnava Jana To' was Mahatma Gandhi's favorite song, says PM Modi.

Terrorism is the biggest threat today: PM Modi.

Mahatma Gandhi didn't leave any carbon footprint, says PM Modi.

This becomes even more special because we are doing so at a time when we mark the 150th birth anniversary of Bapu: PM Narendra Modi.

It is an honour to unveil the bust of Bapu at Yonsei University in Seoul, says PM Modi.

The thoughts and ideals of Bapu have the power to help us overcome the menace of terrorism and climate change, two challenges humanity faces in these times: PM Narendra Modi.

Mahatma Gandhi was perhaps mankind biggest gift: PM Modi.

Research and innovation would be the driving force in the 4th industrial revolution era: PM Narendra Modi.

Start-up India with 1.4 billion Dollars fund for four years to create a startup eco-system in India: PM Narendra Modi.

And, we do understand that the role of government is to provide the support system. In this regard, we have introduced flagship program, says PM Modi.

While aiming for fast economic growth, India is also rooted in the principles of ensuring sustainable economic growth. For example in the Automobile sector, the National Electric Mobility Mission aims for affordable and efficient Electric Vehicles: PM Narendra Modi

South Korea being a leading manufacturer of Electric Vehicles has a huge opportunity in this sector in India: PM Narendra Modi.

We are also focused on making our growth inclusive. It is for this reason that we have taken strong initiatives for financial inclusion: PM Narendra Modi

In the course of the past three years, we have opened over 300 million bank accounts for those who never had a bank account: PM Narendra Modi

74 percent of these loans have gone to women: PM Narendra Modi

Under the Mudra scheme, we have extended micro-credit worth more than 90 billion dollars to 128 million persons over the past three years, says PM Modi.

PM Narendra Modi makes 'Make in India' push in Korea.

Korean brand is most trustworthy in India, says PM Modi

India is the 6th largest export destination, says PM Modi.

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First Published : 21 Feb 2019, 11:25:16 AM