Prime Minister Modi – nacionstory.com https://nacionstory.com Mon, 07 Oct 2024 10:48:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://i0.wp.com/nacionstory.com/wp-content/uploads/2023/07/cropped-nacion-story-logo.png?fit=32%2C32&ssl=1 Prime Minister Modi – nacionstory.com https://nacionstory.com 32 32 230831452 India’s Generosity Towards Maldives, Key Agreements Following a Shift in Muizzu’s Stance. https://nacionstory.com/2024/10/07/indias-generosity-towards-maldives-key-agreements-following-a-shift-in-muizzus-stance/ https://nacionstory.com/2024/10/07/indias-generosity-towards-maldives-key-agreements-following-a-shift-in-muizzus-stance/#respond Mon, 07 Oct 2024 10:48:09 +0000 https://nacionstory.com/?p=2144 During the visit of Maldivian President Mohamed Muizzu to India, bilateral relations between the two countries took a significant turn. Muizzu, who was previously seen as pro-China and came into power through the “India Out” campaign, now appears to be viewing India as an important ally and friend. This visit marks a fresh start following a period of tension between India and the Maldives, with several key agreements being signed. To stabilize the Maldivian foreign exchange reserves, India and the Maldives signed a currency swap agreement worth 400 million USD. This agreement will help the Maldives recover from its foreign currency crisis. Additionally, Prime Minister Narendra Modi and President Muizzu launched the RuPay card in the Maldives, which will further strengthen economic and financial ties between the two nations. This step will make it easier for Maldivian citizens to conduct transactions in India.

During discussions between Prime Minister Modi and President Muizzu, several infrastructure projects were highlighted. They agreed to expedite the Greater Malé Connectivity Project, which plays a vital role in the development of the Maldives. India also reaffirmed its support for the development of a new commercial port in Thilafushi, which will boost the trade capacity of the Maldives. India has also handed over 700 social housing units to the Maldives, built under Exim Bank’s buyer’s credit facilities. This will contribute to improving living standards in the Maldives and strengthen ties between the two nations. Prime Minister Modi emphasized that this partnership symbolizes the deep friendship between India and the Maldives and will give new direction to their bilateral cooperation.

To further strengthen economic ties, India and the Maldives have decided to initiate discussions on a Free Trade Agreement (FTA). This agreement is expected to bolster trade relations and enhance India’s role in the economic growth of the Maldives. Prime Minister Modi called the Maldives a close friend within India’s neighborhood policy and the SAGAR (Security and Growth for All in the Region) vision. Last year, relations between India and the Maldives had soured when President Muizzu won the election on the “India Out” campaign, demanding the withdrawal of Indian military personnel. Controversial statements from Maldivian ministers further strained the ties. However, over time, Muizzu softened his anti-India stance and took steps to increase cooperation with India. Dismissing the ministers responsible for inflammatory statements and recognizing India as a strategic partner are part of Muizzu’s new approach.

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Prime Minister Modi Sets the Stage for Madhya Pradesh Elections with Mega Project Inauguration in Bina https://nacionstory.com/2023/09/14/prime-minister-modi-sets-the-stage-for-madhya-pradesh-elections-with-mega-project-inauguration-in-bina/ https://nacionstory.com/2023/09/14/prime-minister-modi-sets-the-stage-for-madhya-pradesh-elections-with-mega-project-inauguration-in-bina/#respond Thu, 14 Sep 2023 08:54:48 +0000 https://nacionstory.com/?p=1335 In a spirited address in Madhya Pradesh’s Bina, Prime Minister Narendra Modi lashed out at the opposition alliance, accusing them of attempting to undermine ‘Sanatan Dharma,’ a cornerstone of Indian culture and heritage. The occasion was the inauguration of industrial projects valued at an astounding Rs 50,700 crore.

 

In his passionate speech, the Prime Minister cautioned, “Today they have openly started targeting Sanatana, tomorrow they will increase the attacks on us. All ‘Sanatanis’ across the country and the people who love our country will have to be alert.”

Modi also highlighted the remarkable financial commitment his government was making to Madhya Pradesh, emphasizing that the budget allocated for these development projects far surpassed the annual budgets of many states.

Taking a direct swipe at the Congress party, Modi asserted, “Those who ruled Madhya Pradesh for a long time did nothing else other than ‘corruption and crime.'”

The Prime Minister’s visit was strategically timed, just ahead of the upcoming Assembly elections in Madhya Pradesh, where the BJP faces stiff competition from the Congress party.

Prior to his speech, Modi engaged in a grand roadshow and laid the foundation stone for a massive petrochemical complex worth Rs 49,000 crore at the Bharat Petroleum Corporation Limited (BPCL) refinery in Bina.

The day’s itinerary wasn’t limited to Madhya Pradesh, as PM Modi had plans to visit the poll-bound Chhattisgarh, highlighting the significance of these central Indian states in the political landscape.

With election fervor brewing, Modi’s electrifying speech and commitment to development projects underscored the BJP’s determination to maintain its stronghold in these key states.

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Strengthening Ties: India-Saudi Arabia Strategic Partnership Council Meeting https://nacionstory.com/2023/09/11/india-saudi-arabia-strategic-partnership-council-meeting-strengthening-ties/ https://nacionstory.com/2023/09/11/india-saudi-arabia-strategic-partnership-council-meeting-strengthening-ties/#respond Mon, 11 Sep 2023 10:29:38 +0000 https://nacionstory.com/?p=1321 In a significant diplomatic development, Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman recently convened for the first Leaders’ Meeting of the Strategic Partnership Council in Delhi. This meeting, held on Monday, marked a pivotal moment in the burgeoning relationship between India and Saudi Arabia. The discussions spanned a wide range of crucial areas, including energy security, trade and investment, defense, healthcare, food security, and more, highlighting the depth of their strategic cooperation.

The Saudi Crown Prince’s visit to India, his second since February 2019, initially coincided with his presence at the G20 Summit. However, he extended his stay to engage in bilateral talks with Prime Minister Modi. These extended deliberations laid the foundation for further collaboration between the two nations.

Prime Minister Modi expressed satisfaction with the productive talks, emphasizing the substantial scope for cooperation in various sectors. “His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud and I had very productive talks. We reviewed our trade ties and are confident that the commercial linkages between our nations will grow even further in the times to come. The scope for cooperation in grid connectivity, renewable energy, food security, semiconductors, and supply chains is immense,” noted PM Modi.

The Saudi Crown Prince’s visit began with a ceremonial welcome at the Rashtrapati Bhavan, a tradition reserved for foreign leaders visiting the presidential complex. President Droupadi Murmu, along with Prime Minister Modi and other ministers, warmly received him. In his remarks, the Saudi Crown Prince congratulated India for successfully hosting the G20 Summit and expressed his enthusiasm for strengthening ties between the two countries. “I am very glad to be here in India. A lot of announcements have been made that will benefit G20 countries and the world. We will work together to create a great future for both countries,” he affirmed.

Subsequently, the leaders convened at the historic Hyderabad House, known for its association with diplomacy and the deepening of ties with various nations. Accompanied by a high-level delegation, including ministers and senior officials, the Saudi Crown Prince’s visit underscored the importance both nations attached to their growing partnership.

Later in the evening, the Saudi Crown Prince was received by President Droupadi Murmu at Rashtrapati Bhavan, providing an additional platform for dialogue reaffirming mutual interests and discussions on regional and international matters affecting both countries.

The significance of the Saudi Crown Prince’s visit is underscored by the notable milestone in economic cooperation. Bilateral trade reached an all-time high of $52.75 billion in the fiscal year 2022-23. India and Saudi Arabia have emerged as prominent trading partners for each other, with Riyadh holding the position of New Delhi’s fourth-largest trading partner and vice versa. This robust economic engagement serves as a testament to the growing synergies between the two nations.

Moreover, against the backdrop of the G20 Summit, Saudi Arabia collaborated with several countries, including India, to initiate a substantial railway and port project. This ambitious undertaking aims to streamline the flow of commerce, energy, and data from India across the Middle East to Europe, further solidifying the strategic importance of India-Saudi Arabia relations.

Energy security emerged as a key focus area during the Leaders’ Meeting. Both countries are keen to enhance their energy cooperation, with a particular emphasis on renewable energy sources. This aligns with India’s push towards clean energy solutions and Saudi Arabia’s interest in diversifying its energy portfolio.

Trade and investment were also central to the discussions, given the impressive growth in bilateral trade. Exploring opportunities for increased investment and trade facilitation measures promises to bolster economic ties.

Defense and security cooperation featured prominently in the dialogue, reflecting the shared concerns and interests of both nations in the face of evolving regional and global security challenges.

Healthcare and food security discussions addressed critical issues, particularly in light of the ongoing global pandemic and the need to ensure food sufficiency for growing populations.

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