Mainpuri (UP), June 07: Blue economy and space economy are among some of the new concepts introduced in the last nine years by Prime Minister Narendra Modi, said Union Minister of State (Independent Charge) Dr Jitendra Singh on Wednesday while addressing “Vyapar Sammelan” (Industry and traders’ Meet) as a part of the month-long campaign to commemorate the ‘9 years of Modi government’.
Dr Singh said, “One of the hallmarks of Prime Minister Modi’s approach towards the economy has been that he not only reinforced and strengthened the existing pillars of the economy by imposing a check on pilferage or malpractice and by reducing a load of avoidable restrictions and regulations for ease of business, but he also introduced new dimensions to Indian economy which hardly received any attention by previous governments even though these were important.”
It is also a matter of pride that even though our space journey started several years after countries like USA and Soviet Union, today, these countries are using our technology provided by ISRO (Indian Space Research Organisation) for launching their satellites, he said, adding, “353 out of the total 385 foreign satellites launched so far have been launched during the last 9 years and 174 million US dollars have been earned while the launching of the European Satellites has yielded 86 million Euros.”
Dr Jitednra Singh said that while India has, as the fastest-growing economy, overtaken the United Kingdom, it has also generated revenue by launching its satellites.
As far as the Blue Economy is concerned, Prime Minister Modi spoke about the Deep Sea Mission in his Independence Day address because he wants to make people aware of the Blue wealth that lies hidden under the seabed.
He called upon the business community to adapt to the new culture of business and make maximum use of technology.
“There is no such technology which is not available in India but sometimes we are not able to utilise it because we are not fully aware of it. The government today is not only providing ease of business but also offering assistance in developing new entrepreneur products and marketing the same,” he said.
