New Delhi: Prime Minister Narendra Modi on Sunday said social entrepreneurs can benefit from Swachh Bharat programme as it has huge business element, while stressing on the need to convert waste into wealth.


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"Waste to wealth is a belief that is gaining momentum. Lot of social entrepreneurship is being devoted towards this," PM Modi said while speaking at the commemoration of 90 years of Essel Group here.


He further said, "If we consider waste as waste, then we have lost our precious possession."


Two social initiatives were launched by the Prime Minister on the occasion. These include Sarthi – a people’s empowerment programme on subjects such as education, health and employment and the DSC Foundation with a corpus of Rs. 5000 crore, to empower people in need.  


At the same time, PM Modi highlighted the importance of family values in India, saying it is the biggest gift to the world.


"Today, even in the most advanced countries, revival of family values have become a part of election manifesto," he said.


Welcoming the Prime Minister, Chairman of the Essel Group Dr Subhash Chandra thanked him for graciously accepting the invitation for this event. 


Watch PM Modi's full speech on the momentous occasion: