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Young CEOs Event - PM for less-cash society; says GeM has logged transactions worth Rs 1000 Cr

By TIOL News Service

NEW DELHI, AUG 23, 2017: WHILE interacting with Young CEOs at the 'Champions of Change - Transforming India through G2B Partnership' yesterday, the Prime Minister, Mr Narendra Modi, said that the Government e-Marketplace (GeM) which shows how small traders are competing successfully in provision of supplies to the Government, has recorded transactions worth Rs 1000 Crore and more than 28000 suplliers have participated on this platform.

The Prime Minister said people's participation is an important element of governance. Similarly, he said, this attempt at CEOs partnership with Government is aimed at enhancing their participation towards welfare of the people, and the nation. 

He said that today, development too, must become a mass movement. He said that a spirit should be created, whereby we all set targets for our contribution to India, by 2022. You are my team, and we need to work together to take India forward, the Prime Minister told the CEOs. 

Giving the example of value addition in agriculture, the Prime Minister said a multi-pronged approach is essential for achieving desired objectives such as doubling of agriculture incomes. Emphasizing the importance of food processing, the Prime Minister said lack of infrastructure is leading to huge losses in the agriculture sector. 

He said the Union Government has taken a number of decisions that have brought about fundamental transformation. He gave the illustration of decisions taken for urea availability and production - such as gas price pooling; remuneration for excess production etc. This led to additional production of 20 lakh tonnes of urea. He said Neem-coating of urea ended its large scale diversion. 

He said that the Government wants to move towards making India a less-cash society. He asked CEOs to partner with Government to build momentum in this regard. 

Similarly, he said that on occasions such as festivals, Khadi could be promoted through gifting etc - and this would greatly help the poor. He said an atmosphere must be created to take the poor along in every sphere of life. 

Six groups of young CEOs made presentations before the PM on themes such as Make in India; Doubling Farmers' Income; World Class Infrastructure; Cities of Tomorrow; Reforming the Financial Sector; and New India by 2022. 

Appreciating the new ideas and innovations envisaged in the presentations made by the CEOs, the Prime Minister thanked them for the valuable inputs and time devoted to ideation for the benefit of the country. 

He said the key decision making team of the Government has listened carefully to the presentations, and will surely benefit in their policy-making, from the 360 degree view of issues that have been presented. 


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