During the inaugural event of the Surat Diamond Bourse, Prime Minister Narendra Modi outlined his government’s comprehensive plan for the next 25 years, emphasizing economic development in India. Here are five key points from PM Modi’s speech in Surat:
- $10 Trillion Economy Target: PM Modi announced the government’s ambitious goal of achieving a $10 trillion economy. He emphasized the strategic planning for the next quarter-century, whether aiming for a 5-trillion-dollar or 10-trillion-dollar economy, illustrating the government’s long-term vision and commitment to sustained growth.
- Surat’s Economic Transformation: PM Modi praised Surat’s remarkable transformation from being known as the ‘Sun City’ to becoming the ‘Diamond City.’ He commended the city’s achievements in various aspects, including its street food culture, skill development initiatives, and the noteworthy Surat Diamond Bourse.
- Global Export Industry Push: The Prime Minister highlighted the government’s efforts to propel India’s export industry to unprecedented heights. Focused on boosting the country’s international trade, this initiative aligns with the broader economic vision set for the next 25 years.
- India Among Top Three Economies: PM Modi reiterated his commitment to positioning India among the top three global economies during his third term. This ambitious goal reflects the government’s determination to elevate India’s standing on the world stage in terms of economic prowess.
- Symbolism of Surat Diamond Bourse: Describing the Surat Diamond Bourse as a manifestation of “Modi’s guarantee,” the Prime Minister emphasized its significance as a symbol of the new India and the country’s unwavering determination. The bourse, part of the Diamond Research and Mercantile (DREAM) City, represents a monumental achievement in the diamond industry.
PM Modi warned against political strife and addressed the significance of the recent security breach in Parliament. He underlined the need of handling the matter sensibly and avoiding pointless arguments. He also recognized the significant employment contribution of the Surat diamond sector, which is expected to create an additional 1.5 lakh jobs with the opening of the new bourse.
India’s economic ambitions are demonstrated by the Surat Diamond Bourse, which is located in the Diamond Research and Mercantile City. With its enormous floor area and hundreds of trading offices, the market is a prime example of the nation’s advancements in the diamond sector and its dedication to economic expansion.
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