12 November 2015

India's GSAT-15 Communication Satellite Launched Successfully

India's GSAT-15 Communication Satellite Launched Successfully


GSAT-15, India’s latest communications satellite, was launched successfully by the European Ariane 5 VA-227 launch Vehicle in the early morning hours of today (November 11, 2015). The 3164 kg GSAT-15 carries communication transponders in Ku-band as well as a GPS Aided GEO Augmented Navigation (GAGAN) payload operating in L1 and L5 bands.

After a smooth countdown lasting 11 hours and 30 minutes, the Ariane 5 launch vehicle lifted off right on schedule at 0304 hrs (3:04 am) IST today. After a flight of 43 minutes and 24 seconds, GSAT-15 separated from the Ariane 5 upper stage in an elliptical Geosynchronous Transfer Orbit (GTO) with a perigee (nearest point to Earth) of 250 km and an apogee (farthest point to Earth) of 35,819 km, inclined at an angle of 3.9 degree to the equator. The achieved orbit was very close to the intended one.

ISRO's Master Control Facility (MCF) at Hassan in Karnataka took over the command and control of GSAT-15 immediately after its separation from the launch vehicle. Preliminary health checks of the satellite revealed its normal health.

In the coming days, orbit raising manoeuvres will be performed to place the satellite in the Geostationary Orbit (36,000 km above the equator) by using the satellite’s propulsion system in steps.

After the completion of orbit raising operations, the two solar arrays and both the antenna reflectors of GSAT-15 will be deployed. Following this, the satellite will be put in its final orbital configuration. GSAT-15 will be positioned at 93.5 deg East longitude in the geostationary orbit along with the operational INSAT-3A and INSAT-4B satellites. Later, it is planned to experimentally turn on the communication payloads of GSAT-15. After the successful completion of all the in-orbit tests, GSAT-15 will be ready for operational use.

Text of PM’s address to the British Parliament

Text of PM’s address to the British Parliament

Lord Speaker,
Mr. Speaker,
Mr. Prime Minister

I am delighted to be in London. Even in this globalised world, London is still the standard for our times. The city has embraced the world’s diversity and represents the finest in human achievements. And, I am truly honoured to speak in the British Parliament.

Mr. Speaker, thank you for opening the doors to us, here in this magnificent setting of the Royal Court. I know that the Parliament is not in Session. Prime Minister Cameron looks relaxed and relieved.

But, I want to remind you, Mr. Prime Minister, that you owe me royalty for an election slogan. I know that you are hosting me at the Chequers this evening. But, I also know that you will understand if I am fair to both sides of the floor. Especially since British MPs of Indian Origin are evenly balanced between the Treasury and the Opposition benches. So, I also extend my good wishes to the Labour. Indeed, since these are still early days after the election, my warm congratulations to the Members of the House. And, greetings to the eminent leaders of Britain and great friends of India present here today.

So much of the modern history of India is linked to this building. So much history looms across our relationship. There are others who have spoken forcefully on the debts and dues of history. I will only say that many freedom fighters of India found their calling in the institutions of Britain. And, many makers of modern India, including several of my distinguished predecessors, from Jawaharlal Nehru to Dr. Manmohan Singh, passed through their doors.

There are many things on which it is hard to tell anymore if they are British or Indian: The Jaguar or the Scotland Yard, for example. The Brooke Bond tea or my friend late Lord Ghulam Nun’s curry. And, our strongest debates are whether the Lord’s pitch swings unfairly or the wicket at Eden Gardens cracks too early. And, we love the Bhangra rap from London just as you like the English novel from India.

On the way to this event, Prime Minister Cameron and I paid homage to Mahatma Gandhi outside the Parliament. I was reminded of a question I was asked on a tour abroad. How is it that the statue of Gandhi stands outside the British Parliament? To that question, my answer is: The British are wise enough to recognise his greatness; Indians are generous enough to share him; we are both fortunate enough to have been touched by his life and mission; and, we are both smart enough to use the strengths of our connected histories to power the future of our relationship.

So, I stand here today, not as a visiting Head of Government, given the honour to speak in this temple of democracy. I am here as a representative of a fellow institution and a shared tradition.

And, tomorrow, Prime Minister and I will be at the Wembley. Even in India, every young footballer wants to bend it like Beckham. Wembley will be a celebration of one-half-million threads of life that bind us; one and half million people - proud of their heritage in India; proud of their home in Britain.

It will be an expression of joy for all that we share: values, institutions, political system, sports, culture and art. And, it will be a recognition of our vibrant partnerships and a shared future.

The United Kingdom is the third largest investor in India behind Singapore and Mauritius. India is the third largest source of Foreign Direct Investment projects in the United Kingdom. Indians invest more in Britain than in the rest of European Union combined. It is not because they want to save on interpretation costs, but because they find an environment that is welcoming and familiar.

It takes an Indian icon, Tata, to run a British icon and become your nation’s largest private sector employer.

The UK remains a preferred destination for Indian students. And, I am pleased that an Indian company is taking a thousand British students to India to skill them in Information Technology.

We are working together in the most advanced areas of science and technology. We are finding solutions to the enduring human problems of food and health security, and seeking answers to emerging challenges like climate change.

Our security agencies work together so that our children return home safe and our increasingly networked lives are not prey to the threats on cyber space.

Our Armed Forces exercise with each other, so that they can stand more strongly for the values we represent. This year alone, we have had three exercises together.

And, in the international arena, your support has made it more possible for India to take her rightful place in global institutions and regimes. And, it has helped us both advance our common interests.

Mr. Speaker,

Strong as our partnership is, for a relationship such as ours, we must set higher ambitions. We are two democracies; two strong economies; and, two innovative societies.

We have the comfort of familiarity and the experience of a long partnership. Britain’s resurgence is impressive. Its influence on the future of the global economy remains strong.

And, Mr. Speaker, India is new bright spot of hope and opportunity for the world. It is not just the universal judgment of international institutions. It is not just the logic of numbers: a nation of 1.25 billion people with 800 million under the age of 35 years.

This optimism comes from the energy and enterprise of our youth; eager for change and confident of achieving it. It is the result of bold and sustained measures to reform our laws, policies, institutions and processes.

We are igniting the engines of our manufacturing sector; making our farms more productive and more resilient; making our services more innovative and efficient; moving with urgency on building global skills for our youth; creating a revolution in Startup enterprises; and, building the next generation infrastructure that will have a light footprint on the Earth.

Our momentum comes not just from the growth we pursue, but from the transformation that we seek in the quality of life for every citizen.

Much of India that we dream of still lies ahead of us: housing, power, water and sanitation for all; bank accounts and insurance for every citizen; connected and prosperous villages; and, smart and sustainable cities. These are goals with a definite date, not just a mirage of hope.

And, inspired by Gandhiji, the change has begun with us – the way the government works. There is transparency and accountability in governance. There is boldness and speed in decisions.

Federalism is no longer the fault line of Centre-State relations, but the definition of a new partnership of Team India. Citizens now have the ease of trust, not the burden of proof and process. Businesses find an environment that is open and easy to work in.

In a nation connected by cell phones, Digital India is transforming the interface between Government and people.

So, Mr. Speaker, with apologies to poet T.S. Eliot, we won’t let the shadow fall between the idea and reality.

If you visit India, you will experience the wind of change.

It is reflected in the surge of investments from around the world; in enhanced stability of our economy; in 190 million new bank accounts of hope and inclusion; in the increase in our growth to nearly 7.5% per year; and, in the sharp rise in our ranking on Ease of Doing Business.

And, the motto of Sab Ka Saath, Sab Ka Vikas, is our vision of a nation, in which every citizen belongs, participates and prospers.

It is not just a call for economic inclusion. It is also a celebration of our diversity; the creed for social harmony; and, a commitment to individual liberties and rights.

This is the timeless ethos of our culture; this is the basis of our constitution; and, this will be the foundation of our future.

Mr. Speaker,
Members and Friends,

The progress of India is the destiny of one-sixth of humanity. And, it will also mean a world more confident of its prosperity; and, more secure about its future.

It is also natural and inevitable that our economic relations will grow by leaps and bounds. We will form unbeatable partnerships, if we combine our unique strengths and the size and scale of opportunities in India.

We will see more investment and trade. We will open new doors in the Services sector. We will collaborate more – here and in India - in defence equipment and technology. We will work together on renewable and nuclear energy.

We will explore the mysteries of science and harness the power of technology and innovation. We will realise the opportunities of the digital world. Our youth will learn more from - and with - each other.

But, a relationship as rich as this, with so much promise as ours, cannot be measured only in terms of our mutual prosperity.

Mr. Speaker,

Ours is an age of multiple transitions in the world. We are yet to fully comprehend the future unfolding before us. As in the previous ages, it will be different from the world we know.

So, in the uncharted waters of our uncertain times, we must together help steer a steady course for this world in the direction that mirrors the ideals we share.

For, in that lies not just the success of our two nations, but also the promise of the world that we desire. We have the strength of our partnership and the membership of the United Nations, the Commonwealth and the G-20.

We live in a world where instability in a distant region quickly reaches our doorsteps. We see this in the challenges of radicalization and refugees.

The fault lines are shifting from the boundaries of nations into the web of our societies and the streets of our cities. And, terrorism and extremism are a global force that are larger than their changing names, groups, territories and targets.

The world must speak in one voice and act in unison to combat this challenge of our times. We must adopt a Comprehensive Convention on International Terrorism in the UN without delay. There should be no distinction between terrorist groups or discrimination between nations. There should be a resolve to isolate those who harbour terrorists and willingness to stand with nations that will fight them honestly. And, we need a social movement against extremism in countries where it is most prevalent and, every effort to delink religion and terrorism.

Oceans remain vital for our prosperity. Now, we have to also secure our cyber and outer space. Our interests are aligned across many regions. We have a shared interest in stable, prosperous and integrated South Asia, drawn together in a shared march to prosperity.

We want an Afghanistan that is shaped by the dreams of the great Afghan people, not by irrational fears and overreaching ambitions of others.

A peaceful, stable Indian Ocean Region is vital for global commerce and prosperity. And, the future of Asia Pacific region will have profound impact on all of us. We both have huge stakes in West Asia and the Gulf.

And, in Africa, where, amidst many challenges, we see so many promising signs of courage, wisdom, leadership and enterprise. India has just held an Africa Summit, in which all 55 countries, and 42 leaders participated.

We must also cooperate to launch a low carbon age for a sustainable future for our planet. This is a global responsibility that we must assume in Paris later this month.

The world has crafted a beautiful balance of collective action – common but differentiated responsibility and respective capabilities.

Those who have the means and the know-how must help meet the universal aspiration of humanity for clean energy and a healthy environment. And, when we speak of restraint, we must not only think of curbing fossil fuels, but also moderating our lifestyles.

We must all do our part. For India, a target of 175 GW of additional capacity in renewable energy by 2022 and reduction in emission intensity of 33-35 % by 2030 are just two of the steps of a comprehensive strategy.

I have also proposed to launch during the COP 21 meeting an International Solar Alliance to make solar energy an integral part of our lives, even in the most unconnected villages.

In Britain, you are more likely to use an umbrella against rain than the sun. But, my team defined the membership of the Solar Alliance in more precise terms: you have to be located within the Tropics.

And, we are pleased that the United Kingdom qualifies! So, we look forward to an innovative Britain as a valuable partner in this endeavour. Prime Minister Cameron and I are, indeed, very pleased that cooperation on affordable and accessible clean energy is an important pillar of our relations.

Mr. Speaker,

This is a huge moment for our two great nations. So, we must seize our opportunities, remove the obstacles to cooperation, instill full confidence in our relations and remain sensitive to each other’s interests.

In doing so, we will transform our strategic partnership, and we will make this relationship count as one of the leading global partnerships. Ever so often, in the call of Britain’s most famous Bard that we must seize the tide in the affairs of men, the world has sought the inspiration to act. And, so must we.

But, in defining the purpose of our partnership, we must turn to a great son of India, whose house in London I shall dedicate to the cause of social justice on Saturday. Dr. B. R. Ambedkar, whose 125th birth anniversary we are celebrating now, was not just an architect of India’s Constitution and our parliamentary democracy. He also stood for the upliftment of the weak, the oppressed and the excluded. And, he lifted us all to a higher cause in the service of humanity; to build a future of justice, equality, opportunity and dignity for all humans; and, peace among people.

That is the cause to which India and the United Kingdom have dedicated themselves today.

Indian Forest Service (Main) Examination, 2015

Indian Forest Service (Main) Examination, 2015
            Union Public Service Commission will be conducting the Indian Forest Service (Main) Examination 2015 at 08 Centres from 21-11-2015.  The Commission has uploaded the e-Admit Cards on its website (http://www.upsc.gov.in.).  The candidates are advised to download their   e-Admit Cards and take a printout thereof.  The candidates will have to produce the printout of their e-Admit Cards at the allotted venue for appearing in the examination.  In case the photograph is not visible or available on the e-Admit Cards, candidates are advised to carry  identical photographs  for each session alongwith  proof of Identity such as Identity Card, Voter Identity Card,  Driving License, Passport  etc. to the venue of the  Examination.  No paper Admit Card will be issued for this examination by the Commission.

7 November 2015

Leaders of China, Taiwan meet for first time since 1949

Leaders of China, Taiwan meet for first time since 1949

 The leaders of China and Taiwan shook hands ahead of a carefully managed meeting in Singapore that will mark the first summit since the two sides clashed in a civil war seven decades ago.

Watched by a gaggle of photographers and reporters, Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou greeted each other before the start of closed-door discussions where they will address each other as “mister” to navigate the complex protocols that accompany their talks. They shook hands and waved to the cameras.
Xi told Ma that the two sides are “one family” and cannot be pulled apart, as they began a landmark summit on Saturday in Singapore.
“No force can pull us apart,” Xi told Ma. “We are one family.”
The tete-a-tete, which comes before Ma leaves office in a few months, ensures the politically divisive China issue remains at the center of Taiwan’s January presidential election. Ma’s Kuomintang, or Nationalist party, has caused unease with voters by bringing the two sides closer economically, and the party’s candidate is trailing in opinion polls.
For Xi, the meeting may help Communist Party leaders in Beijing secure gains that have seen the country become Taiwan’s biggest trading partner. The talks come at the end of his state visit to Singapore and ahead of the Asia-Pacific Economic Cooperation forum meeting in Manila later this month.
Singapore previously hosted talks in 1993 that followed an agreement by China and Taiwan to acknowledge the existence of “one China” while keeping their own interpretation of what that means.
The talks are being held in a room at the Shangri-La hotel at a long table with black office chairs. The table has a white cloth and is adorned with pink and red flowers, and each seat has a notepad, water bottle and teacup in front of it. Name cards show Ma will sit opposite Xi with each to be flanked by six officials.
After the meeting the two men will have a low-key dinner — where they will split the bill — before flying out. Ma brought with him several bottles of Taiwanese liquor that may make an appearance at the meal. Bloomberg

Science and Technology of Yoga and Meditation (SATYAM)

Science and Technology of Yoga and Meditation (SATYAM)
A new programme called SATYAM-“Science and Technology of Yoga and Meditation” has been launched to strengthen research in the areas of yoga and meditation. An objective of SATYAM is to harness knowledge obtained in academic institutions and other related agencies for finding Science & Technology -led solutions that would enable us to cope with stress and strain associated with fast changing social, economic, environmental and professional circumstances. Cutting-edge research under SATYAM will seek to identify various issues and challenges related to human well-being and address them. The programme will encourage research in two major thematic areas: (1) investigations on the effect of Yoga and meditation on physical and mental health, and (2) investigations on the effect of Yoga & meditation on the body, brain and mind in terms of basic processes occurring therein.

Given the ever increasing prevalence of physical and mental health problems, the holistic approach of Yoga and meditation is believed to have the potential to find beneficial treatment that is relatively safer and more cost-effective.

Piyush Goyal Pledges to Make India Brighter and Smarter; Launches iLEDtheway Microsite

Piyush Goyal Pledges to Make India Brighter and Smarter; Launches iLEDtheway Microsite

Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal and New & Renewable Energy launched the microsite www.iledtheway.in during the Conference of Power, Mines & Renewable Energy Ministers of States/UTs in Kochi , Kerala today. Speaking on the occasion, Shri Goyal said that I am proud to launch this microsite today. It is a great initiative for all citizens to come forward, take the pledge to switch to LED bulbs, do their bit to protect the environment and make the country more energy efficient, he added. Shri Goyal said that switching to LED bulbs will not only bring down our carbon footprint, but ensure savings, which is nothing but more money in the consumers’ hands. The Minister also became the first citizen to take the pledge on the site.

In today’s era of Digital India, the microsite will attempt to reach out to all citizens in the country and spread awareness about the nation-wide movement of #iLEDtheway. Through this microsite, consumers can take a pledge of switching to LED bulbs, which are safer, brighter and consume less energy. The Microsite visitors can join the movement by simply clicking “Take a Pledge” tab which is prominently displayed on the homepage. Consumers who do not have access to the LED bulb distribution under the DELP scheme in their city/state, can pre-register for the scheme by sharing their contact details. It will also give exciting information on the reduction in CO2 emissions, energy saved, avoided peak demand and is filled with pictures, videos, distribution centre details in each state and more.

Under the DELP scheme, EESL has distributed over 2.4 crore LED bulbs to consumers. Similarly, under SLNP, EESL has replaced over 4.22 lakh street lights resulting in an estimated energy savings of about 38 Million Units.The government aims to replace 77 crore conventional bulbs and CFLs with the LEDs under DELP and 3.5 crore street lights over 3-year period, making it the largest LED based lighting programme in the world. EESL’s initiatives of distributing LED bulbs save upto 85 lakh KWh every day and have helped in reduction of close to 15,000 tonnes of CO2 per day.

Text of Prime Minister’s inaugural address at Delhi Economics Conclave

Text of Prime Minister’s inaugural address at Delhi Economics Conclave


My colleagues in government,

Friends and Distinguished Guests from India and abroad,

I am happy, to be here today, to address the Sixth Delhi Economics Conclave. This is a good platform for bringing together economists, policy-makers, and thought-leaders, from India and abroad. I compliment the Ministry of Finance for organising it.

Your topic of discussion is JAM, that is, Jan Dhan Yojana, Aadhaar and Mobile. This JAM vision, will serve as the bedrock of many initiatives to come. For me, JAM is about Just Achieving Maximum.

- Maximum value for every rupee spent

- Maximum empowerment for our poor

- Maximum technology penetration among the masses

But let me start by taking a brief look at the Indian economy. By almost every major economic indicator, India is doing better, than when we took office 17 months ago.

• GDP growth is up and inflation is down.

• Foreign investment is up and the Current Account Deficit is down.

• Revenues are up and interest rates are down.

• The fiscal deficit is down and the rupee is stable.

Obviously, this did not happen by accident. And the world economy is not exactly doing well. This success, is the result of a series of well thought out policies. Many of the purely macro economic reforms we have undertaken, are probably well known to this audience. We have embarked on a course of fiscal consolidation. We have entered for the first time into a monetary framework agreement, with the Reserve Bank to curb inflation. Even while cutting the fiscal deficit we have substantially increased productive public investment. This has been made possible in two ways. Firstly, we have imposed, carbon taxes on fossil fuels. We took the bold step of de-controlling diesel prices and thereby eliminated energy subsidies. We have replaced them with taxes. The coal cess has been increased by four times from Rs 50 per ton to Rs 200 per ton. Globally, there is much talk of carbon taxes but much of it is just that - TALK. We have actually acted. Secondly, we have reduced wasteful expenditure through innovative methods like the use of technology. Some of the methods, are part of your agenda, such as using Aadhaar to target subsidies to the deserving. These are reforms that you are probably aware of. But our reforms are far broader, and far deeper, than is generally recognised.

Before I elaborate on this, I would like to raise two issues. The first is, REFORM FOR WHAT? What is the aim of reform? Is it just to increase the measured rate of GDP growth? Or is it to bring about a transformation in society? My answer is clear. We must REFORM TO TRANSFORM.

The second question is, REFORM FOR WHOM? Who is the target audience? Is our aim to impress groups of experts and score points in intellectual discussions? Or to achieve ranks in some international league table? Again, my answer is clear. Reform is that which helps all citizens, and especially the poor, achieve a better life. It is Sabka Saath, Sabka Vikas.

In short, reform is not an end in itself. Reform for me, is just a way station on the long journey to the destination. The destination is transformation of India. Therefore, REFORM TO TRANSFORM. And reforming to transform, is a marathon, not a sprint.

The reforms we have undertaken, are of many types. For simplicity, I will classify them as financial, structural and institutional. It will not be possible for me to cover all of them here. But I will certainly mention some of the most important.

Let me start with the financial reforms. We talk often about interest rates and credit policy. Changes in interest rates are debated for months. Tons of newsprint and hours of television are spent on it. Interest rates are no doubt very important. But are they important to a person locked out of the banking system? To a person who has no prospect of ever lending or borrowing from a bank? And if large sections of a country are in this position then how important are interest rates? It is for this reason that development experts have been advocating financial inclusion. What we have done in the last 17 months is to bring one hundred and ninety million people into the banking system. This is more than the population of most of the countries in the world. Now these millions are part of our banking system, and words like ‘interest rate’ have a meaning for them. Not only have these people been brought into the system but they have shown that there is great strength at the bottom of the pyramid. Believe it or not, accounts opened under the Jan Dhan Yojana today have a total balance of almost Rs. 26,000 crores or nearly four billion dollars. Clearly our financial inclusion reform has been transformational. And yet this quiet revolution has hardly been noticed.

The Jan Dhan Yojana has also transformed the ability of the poor to make and to receive electronic payments. Every Jan Dhan account holder is eligible for a debit card. India’s banks are also being encouraged to operate ‘mobile ATMs’. A mobile ATM is one where cash can be drawn and simple banking tasks done through a hand held device. Thanks to Jan Dhan Yojana and the RuPay debit card, we have also introduced healthy competition in the debit-credit card space. This has traditionally been dominated by a few international players. Even one year ago, there were hardly any indigenous card brands in the market. Today, 36 % of debit cards in India are Ru-Pay cards.

Financial inclusion is not just about opening bank accounts or enabling electronic payments. I firmly believe, that India has tremendous entrepreneurial energy. This needs to be harnessed so that we become a nation of job-creators, rather than job seekers. When we took office, we found that 58 million non-corporate enterprises provided one 128 million jobs. 60% of them were in rural areas. Over 40% were owned by people from the Backward Classes and 15% by Scheduled Castes and Tribes. But bank credit accounted for a tiny share of their financing. Most of them never get any bank credit. In other words the most employment-intensive sector of the economy gets the least credit! While Jan Dhan Yojana was to bring banking to the unbanked the second reform was to bring funding to the unfunded. We are creating a new financing and regulatory architecture under the Micro-Units Development and Refinance Agency scheme popularly known as MUDRA. Already under the Pradhan Mantri Mudra Yojana banks have provided More than six million loans to small businesses for a total value of nearly Rs 38,000 crores or six billion dollars. If one conservatively estimates that each loan creates 2 jobs we have laid the foundation for 12 million new jobs. Even Rs Two Hundred Thousand crores invested in the corporate sector would not produce this many jobs. We have now launched a programme where each branch of each bank that is a total of 125,000 bank branches will assist one Dalit or a Scheduled Tribe person and one woman in starting a business. We are also creating an environment that fosters innovation and start-ups through the Atal Innovation Mission and the Self Employment and Talent Utilisation programme.

Another financial reform is the provision of a safety net through new social security schemes. We have introduced three non-subsidised but low cost schemes covering accident insurance life insurance and pensions. Because of their massive coverage the premia are low. There are now over 120 million subscribers.

For many of these reforms to be successful we need a strong banking system. We inherited a system where cronyism and corruption were believed to be rampant in banking decisions and in appointments to public sector banks. After the first ever retreat of a Prime Minister with bankers, known as the Gyan Sangam, we have moved decisively to change this. Major steps have been taken to improve efficiency, including clear performance measures and accountability mechanisms. We have made a commitment to ensuring adequate capital.

But more than that there have been very powerful non-financial steps. Interference in banking decisions has ended. A new process for appointments is being put in place under the Bank Boards Bureau. Credible and capable bankers have been appointed to head banks. For the first time since banks were nationalised 46 years ago private sector professionals have been appointed in key positions. This is a major reform.

There is a whole eco-system focused on alleviating poverty. Perhaps this can be called the ‘poverty alleviation industry’. Obviously the intentions are good. Well designed schemes and subsidies do have an important place. But empowering the poor is far more effective than empowering the poverty alleviation industry. Our financial reforms empower the poor to fight poverty themselves. I can take the analogy of a house. The foundation and basic structure occupies some of the costs. Then come the fixtures, fittings and furniture. If the foundation and structure are weak any investment in nice fittings or attractive floor tiles or beautiful curtains is unlikely to last long. So also, empowering the poor through financial inclusion and social security will provide a more stable and lasting solution.

Let me now turn to structural reforms in various sectors.

Agriculture remains India’s mainstay in terms of providing livelihood. We have introduced a series of reforms. There was a tendency to divert subsidised fertiliser for the production of chemicals. A simple but very effective solution is neem-coating of fertiliser which makes it unsuitable for diversion. This had been tried on a small scale earlier. We are now moving towards universal neem-coating of urea. This has already saved crores of rupees of diverted farm subsidies. It is an example of how simple reforms can be very effective.

We have introduced a Soil Health Card nationally which tells every farmer the condition of his or her soil. It enables the farmer to choose the right quantity and mix of inputs. This greatly reduces wastage of inputs and increases crop yield besides protecting the soil. By reducing unnecessary chemical inputs, it is also good for health of consumers. It enables farmers to choose the best crop for their soil. Many farmers have been unaware that their land is actually more suited for a different crop. In economic terms, it is a win-win-win-win. It reduces costs, increases yields, improves the environment and protects the health of consumers. 140 million soil health cards will be issued, requiring a collection of over twenty-five million soil samples. They will be tested through a nationwide network of nearly 1500 laboratories. About four million samples have already been collected. This too is a reform to transform.

We have launched a housing for all program - one of the most ambitious in the world. It involves building twenty million urban houses and thirty million rural houses, totalling nearly fifty million. The programme will make sure no Indian is houseless. It will also generate a large amount of employment mainly for the unskilled the semi-skilled and the poor. This multi-pronged program is also a transformative reform.

Much has been said and written about India’s labour markets. We have already undertaken some important steps. Many workers in the organised sector have suffered when changing jobs by being unable to access provident fund and other benefits. The benefits accrued under one employer become difficult to account for under another employer. We have introduced a Universal Account Number which will remain with an employee even when he changes jobs. This greatly improves labour mobility and makes life easier for employers and employees.

We have gone a step further We have started empowering the unorganised sector employees by giving them a Universal Identity Number and providing certain minimum social security benefits to them. Over a period of years, this will have a major impact on the quality of employment in India.

Before becoming Prime Minister, I had received many inputs about the reforms needed in India from many economic experts. However, none of them touched on the issue of cleanliness and sanitation. Sanitation has languished for years as a poor cousin of health or of drinking water supply. It has often been viewed as a question of budgets and projects and expenditure. Yet, you will all agree that poor sanitation and lack of cleanliness is much more than an issue of health. It touches upon every aspect of our well-being. It is of particular importance to women. Our Swacch Bharat or Clean India campaign will impact not only health and sanitation but also uplift the status and security of women and above all create a powerful sense of well-being. If this reform succeeds, as I am confident it will, India would have been transformed.

We have undertaken major managerial improvements in the transport sector. Our major ports have seen a 5% growth in traffic and an 11% increase in operating income in 2014-15 despite a global contraction in trade volume. The Shipping Corporation of India had been making losses continuously for several years and had a loss of Rs. 275 crores in 2013-14. In 2014-15 it earned a profit of Rs 201 crores a turnaround of nearly Rs 500 crores in one year. The pace of award of new highway works has increased from 5.2 km per day in 2012-13 and 8.7 km per day in 2013-14 to 23.4 km per day currently. These managerial reforms in the working of the public sector will have large multiplier effects throughout the economy.

Another measure we have taken is to identify what can be called ‘dead money’ and use it productively. The best example is gold. India is well known for its cultural affinity for gold. As economists you will probably understand that this so-called cultural affinity has a strong economic logic. India has often witnessed high inflation. Gold is an excellent hedge against inflation and is a highly portable store of value. Its portability and usability, also make it a source of empowerment of women who traditionally are the main owners of gold jewellery. However, this micro-economic virtue, can become a macro-economic vice. It implies a high level of gold imports. We have just launched a series of gold-related schemes. These will provide Indians with the inflation protection of gold along with a modest interest without actually holding it. If the scheme reaches its potential, it will help meet the rational expectations of the public while moderating imports. Surely, this too is an important reform with potential to transform.

Let me now turn to institutional and governance reforms.

For years, the Planning Commission was widely criticised. It was generally seen as a cumbersome centralising force which imposed central will on the states. It is another matter that some of its strongest critics suddenly developed a nostalgic admiration for the institution they had hated till the previous day. After coming to power we created a new institution, the National Institution for Transforming India, or NITI. My vision of NITI is very different from the Planning Commission. It is to be a collaborative forum for ideas and action where States are full partners and where Centre and States meet in a spirit of co-operative federalism. Perhaps some people thought this was merely a slogan. But we already have concrete examples of its transformative power. Let me explain.

As you all know, the 14th Finance Commission recommended that states be given an enhanced share of Central revenues as automatic devolution. Despite some internal advice to the contrary, I decided to accept the recommendation. This has created a need to restructure Centrally Sponsored Schemes. Ever since the First Five Year Plan in 1952, such decisions were taken unilaterally by the Centre. We did something very different. The task of fixing the sharing pattern of Central schemes was entrusted not to a group of Central ministers but to a Sub-Group of Chief Ministers in NITI. And I am delighted to say, that in a fine example of co-operative federalism at its best, the Chief Ministers have unanimously agreed on a set of recommendations. This is despite the fact that this is a very complex issue, and that they come from many different political parties. I received their report, on 27th October. The main recommendation on the sharing pattern was accepted the very same day and written instructions were issued the very next day. On many other issues too, the Chief Ministers are taking the lead in setting the national agenda. By reforming the institution, we have transformed the relationship.

Our work on ‘Make in India’ and ‘Ease of Doing Business’ is of course well known. Our push to ‘Make in India’ must be viewed in the context of the very slow growth in world trade. The growth rate of trade exceeded GDP growth from 1983 to 2008. Since then, trade has been growing more slowly than GDP. Therefore, producing for domestic consumption is important for growth.

You are all probably aware, that India has substantially improved its ranking in the World Bank’s Doing Business survey. But a new feature, is the very healthy and constructive competition among states. You would be surprised to know, that among the top few states are Jharkhand, Chattisgarh and Odisha. This is an example of constructive competitive federalism.

In a break with over sixty-five years of tradition we have involved states even in foreign policy. The Ministry of External Affairs has been asked to work with the States. When I visited China, a state-to-state summit was also held. And states have been asked to create export promotion councils. Making the States think globally is yet another reform with potential to transform.

I firmly believe that India’s people are far more mature and far more public-spirited than arm-chair critics and experts give them credit for. An important governance issue is the mutual trust between citizens and the state. We made a beginning in trusting the citizens by abolishing many requirements for ‘attestation’ of signatures. For example, the Department of Higher Education, has permitted self attestation by students of documents used for admission in various academic courses. We also ended the requirement to visit government offices for life certification for pensioners by introducing online biometric identification. Economists have traditionally believed that people act in their self interest. But India has a long tradition of voluntarism. We introduced the Give-it-up Campaign seeking the cooperation of the public in voluntarily giving up cooking gas subsidies. We promised them that for every connection given up one poor family currently without gas would be given a connection. This will enable us to liberate many poor women from the health hazards of using firewood including respiratory illness. The response has been tremendous. Within a few months over four million Indians have given up their cooking gas subsidies. Most of them are not rich households and belong to the lower middle class. If any of you in this room still have a subsidised connection let me appeal to you to join them.

This brings me to an achievement that I think even our worst critics do not dispute. This is the change in levels of corruption. For many years, economists and other experts have held corruption to be one of the main constraints on the growth of any developing economy. We have taken decisive steps to curb corruption. I have already referred to what has been done in public sector banks. Another major reform is well known. This is the removal of discretion in allocation of key resources. Our auctions of coal spectrum and FM radio licences have produced major additional revenues. In the case of coal the major beneficiaries are some of India’s poorest states, who will now have much more resources for development. Interviews for lower level government jobs have widely been seen, as a source of corruption. We have recently abolished the system of interviews for lower level posts in government. We will rely on transparent written examination results to decide who will be selected. Our campaign against tax evasion and money laundering is also well known. Rs. 6500 crores has been assessed before the new Black Money Act was implemented. Additionally, over Rs 4000 crores has been declared under the new Act. Thus over Rs 10,500 crores of black money from abroad has been detected and assessed. If we can sustain this improvement in integrity and transparency what can be a more transformative reform?

We are also taking several steps to serve the honest taxpayer better. Electronic filing of returns now covers 85% of all tax returns. Earlier, electronic returns had to be followed by a paper verification which used to take weeks to be processed. This year, we have introduced e-verification using Aadhaar and over four million taxpayers made use of this facility. For them, the entire process was simple, electronic and completed instantly with no paper at all. This year, 91% of electronic returns were processed within ninety days as compared to 46% last year. Nearly 90% of refunds were issued within 90 days. I have asked the Income Tax Department to move to a system where not only returns but also scrutiny is done without having to go to the office. Queries could be raised and answered online or by Email. There should be a visible electronic trail of what is pending with whom, where, and for how long. This is being piloted in five big cities. I have also instructed that the performance appraisal system, for Income Tax Officers be changed. The appraisal should reflect, whether or not the officer’s orders and assessments have been upheld on appeal. This will deter corruption and also motivate officers to pass correct orders. When fully implemented, these changes, namely online scrutiny, and changes in performance appraisal have transformative potential.

This is a distinguished gathering. You have many interesting and thought provoking sessions ahead. My appeal to all of you, is to think beyond conventional remedies. We should not limit our idea of reforms to a few standard notions. Our idea of reforms should be inclusive and broad-based. The goal of reforms is not better headlines in the pink papers, but better lives for our people. I am sure you with your knowledge will come up with even better ideas. I look forward to hearing from you of more ‘reforms to transform’ which will make life better for the whole of India. Then not only we in India but the whole world will benefit.

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