Prime Minister Narendra Modi has presented a new vision for development using the growing power of technology, data and innovation. Speaking at the first-ever Bloomberg New Economy Forum in India, the Prime Minister said the real question today is not who has power, but how it is being exercised. If the benefits of technology are limited to a few people, its purpose is unfulfilled. Its true aim should be to create new opportunities and enhance the capabilities of millions of people.
Addressing the Bloomberg Forum, PM Modi emphasized the need to empower people. He said that technology, data, knowledge and innovation have become powerful forces today. Now it is necessary to use it to improve the lives of common people and enhance the capabilities of all. He questioned whether technology advances only a few or creates new opportunities for millions. Likewise, the benefits of knowledge help enhance the capabilities of all rather than being limited to a few.
Prime Minister Narendra Modi said that while the government has power, it should not aim to make citizens dependent on the system. Instead, it should aim to empower and empower citizens, and India is on that path. By following this path, India has lifted 250 million people out of poverty in the last ten years, which is more than the population of many countries in the world.
Prime Minister Narendra Modi said that many languages are spoken in India and people can express their thoughts freely. This is the reason why India is called the mother of democracy. He pointed out that the country has more than 100 languages, about 80,000 registered newspapers and publications, and more than 1,000 satellite TV channels. Additionally, in the age of social media, India has over 500 million YouTube users and over 500 million Instagram users. The PM said that different issues are discussed openly in the country, and people discuss different ideas and perspectives. In recent years, digital technology has played a key role in promoting this dialogue.