India signs six deals with Britain, including Vodafone investment
The new-found camaraderie between Modi and British PM David Cameron was on full display during the spectacle of dance and music at the Wembley Stadium, with the British Prime Minister endorsing his Indian counterpart’s oft-quoted slogan of “acche din”. Cameron says London is ready to partner India in the venture, with plans to issue more than 1 billion pounds in bonds. “This diversity is our specialty, our pride and our strength”, He said people were astounded when they saw the harmony in the country despite the diverse religions, over 100 languages and different food and culture.
The Indian flag had also been recreated by covering seats with plastic sheets behind one goalmouth, where a stage had been set up. “There is no reason for India to remain a poor country”.
Modi also informed Britain that India is working hard to produce 175 GigaWatts of renewable energy by the end of 2019.
“This change is the sign of India’s success. Today when India talks, it does from a position of equality”, he said.
Modi swept to power in 2014 on promises to develop India’s economy and root out the corruption and incompetence that had crippled the previous government. India will soon be at par with all developed nations. Cameron has visited India three times since taking office in 2010. “We will cross new frontiers of development”, Modi said.
Mr Cameron said: “Prime minister Modi, you can see what I see everyday – British Indians putting the great into Great Britain”.
He said the fact that the world’s confidence in India was increasing was proved by the fact that foreign direct investment into India has increased by 40 percent over the past year. That is our biggest strength.
“Now, we want speedy railways”. “The global race for prosperity doesn’t have to be a zero-sum game”, he said.
Modi referred to his humble origins as tea seller and recalled his push towards fighting female infanticide and financial inclusion.
Prime Minister Narendra Modi on Friday hard sold India as an investment destination to top CEOs of India and the United Kingdom, highlighting the government’s recent reform measures including further relaxation in FDI norms in 15 sectors.
“I am afraid the media looks at everything in a very binary way, that it is either a trade deal here or a deal there, and forget about the people side of it all”, Ms. Patel said.
“The country’s openness to social and religious minorities (more than 500 million people) and regional differences is at serious risk”, he wrote.
Modi said India’s rankings had improved in ease of doing business and in fighting corruption.
Later Friday, Modi will rally thousands of supporters at Wembley Stadium, home to rock concerts and England’s national soccer team.