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PM Narendra Modi meets Fortune 500 CEOs in US: As it happened
On his second visit to the United States since becoming the PM in May 2014, Narendra Modi on Thursday met a host of business and political leaders in New York.
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PM Narendra Modi has on Twitter shared his experiences during engagements through the day in New York. Here are the tweets:
As of now there is no scheduled meeting between our PM and the PM of Pakistan - Vikas Swarup
Also Read: 'UN Secretary General always encourages India, Pakistan for talks'
General mood of all roundtables was that please continue to do what you (PM) are doing, no time frame was given - Vikas Swarup
Aware of two letters that have been written. First letter stated there was no bilateral dialogue after which Pak Rangers and BSF met. Second letter I believe this is based on some submission by Salahuddin who we consider a global terrorist, says MEA spokesperson on Pak submitting papers to UN about India building wall on LoC.
At appropriate time we'll respond: MEA spokesperson on Pakistan giving papers to UN about India building wall on LoC
All media companies present (at the roundtable) agreed that India presents a huge market for them - Swarup
All CEOs were of view that the changes that PM is trying to make in area of easing business should be made faster - Swarup
In meeting with President of Guyana, PM invited him to visit India. There was a discussion on state of bilateral relations - Swarup
St Vincent and the Grenadines's PM was invited to visit India - Vikas Swarup
MEA spokesperson Vikas Swarup is now briefing the press on PM Modi's engagements during the day.
India is open for business, PM Modi tells Fortune 500 CEOs.
The Prime Minister told CEOs that India is ready to welcome them with both hands and it is the right time for them to come and invest in the world's largest democratic country, reports PTI.
FDI all over the world has fallen but in India it has increased by 40 percent. This reflects confidence in the Indian economy. - PM Modi
"Reform in governance is my No. 1 priority. We are for simplified procedures, speedy decision-making, transparency and accountability," PM Narendra Modi says in meeting with leading CEOs of Fortune 500 companies.
PM Narendra Modi is now attending the last engagement of the day. He is meeting leading CEOs from Fortune 500 companies over dinner. Modi had started the day, also, by meeting CEOs.
Ajay Banga says further: "I told PM that American businesses are principally looking for predictability in policy that includes getting the GST Bill passed, and clarity on Minimum Alternate Tax that has now come. They are looking for some form of ease of doing business; we spoke about how to promote that. Everyone has apprehensions, they read the newspapers and see that the Land Bill was tried to be put through but didn’t. But they also see the positive, that there is change and growth, and a government that is engaging in open constructive dialogue. At the end of the day no county is perfect, neither America nor India. Yet we choose where to put our investments. What India has to do is have more pluses, less minuses; ease of doing business is one of the way, and another is predictability."
Also Read: US industry seeks predictability in India's reforms, says Banga
PM raised topic of what American businesses are thinking regarding investment climate in India, says Ajay Banga, CEO, MasterCard, and head, USIBC, after meeting Modi.
Meanwhile, AFP has quoted an unnamed US official as saying that President Barack Obama will meet PM Narendra Modi at the United Nations.
Former mayor of New York City, Michael Bloomberg, calls on PM Narendra Modi at the Waldorf-Astoria hotel.
Also Read: Modi meets new Guyanese president, former NYC mayor
PM Narendra Modi is now meeting President of Guyana, David A Granger, at The Waldorf Towers Hotel.
As per a PTI report, the focus of the Prime Minister's meeting with over dozen media honchos was to understand about the trends in media and communication technologies and the opportunities for India.
Also Read: PM Modi meets media honchos, promises protection to IPR
PM Modi addresses media sector CEOs, says "this is a technology driven era. We are a technology driven society".
PM Narendra Modi is currently attending a roundtable meet on 'Media, Technology & Communications - Growth Story for India' in New York at the Waldorf-Astoria hotel.
New York: On his second visit to the United States since becoming the PM in May 2014, Narendra Modi on Thursday met a host of business and political leaders in New York. Here are the updates: