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Guj CM’s Address at the Conference on the Role of Central Public Enterprises for Atmanirbhar India

Azadi ka Amrut Mahotsav’s five themes -Freedom Struggle, Ideas @ 75, Resolve @ 75, Action @ 75 and Achievement @ 75 are coherently connected with the country’s public sector enterprises : Chief Minister Shri Bhupendra Patel

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Chief Minister Shri Bhupendra Patel inaugurates conference and exhibition organised by Government of India’s Finance Ministry on ‘Contribution of Central Public Enterprises in Nation Building’ under Azadi ka Amrut Mahotsav in the presence of Union Finance Minister Smt. Nirmala Sitharaman at Mahatma Mandir

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-:Chief Minister:-

• Public enterprises of the country have to re-orient to survive in a competitive market
• The three-day exhibition-seminar will inspire public enterprises to take joint steps for the progress and development of the country
• Public sector enterprise contributes from the primary sector to the service sector in the country, accelerates the pace of development, accelerates the direction of self-reliance

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Union Finance Minister Smt. Nirmala Sitharaman

• Public enterprises have made invaluable contribution to the multifaceted development of the nation
• Demonstration of 75 public enterprise organizations showing an overview of 75 development years
• Virtual launch of Solapur-based NTPC and Bengaluru-based Bharat Electronics Ltd. as ‘Mini Smart City’

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Gandhinagar, Thursday: Chief Minister Shri Bhupendra Patel inaugurated the three-day exhibition on “Contribution of Central Public Enterprises CPSE in Nation Building” at Mahatma Mandir in the presence of Union Finance Minister Smt. Nirmala Sitharaman.

With the inspiration and guidance of Prime Minister Shri Narendrabhai Modi, this exhibition has been organized by the Department of Public Enterprises, Government of India as part of the Azadi ka Amrut Mahotsav which is being celebrated in the country.

Chief Minister Shri Bhupendra Patel also inaugurated the conference on the role of CPSE for a self-reliant India along with the demonstration being organized by the Ministry of Finance, Government of India for the celebration of Iconic Week across the country from June 6 to 12.

The conference will feature a workshop-discussion series on CSR issues with a special focus on aspirational districts.

Not only this, CEOs of various CPSEs are to exchange views on issues like procurement from MSE and CPSE’s annual audit system through a common platform.

Inaugurating the exhibition and conference, Chief Minister Shri Bhupendra Patel thanked the Union Finance Minister and the Government of India for selecting Gandhinagar for this event.

He expressed confidence that the program would inspire the country’s public sector enterprises to take joint steps for the progress and development of the country.

Chief Minister Shri Bhupendra Patel has clearly stated that India has adopted a united economy under the direction of the Prime Minister. The peculiarity of this structure is that it provides an opportunity for both the public and private sectors to play an important role.

The Chief Minister said that the five themes Azadi ka Amrut Mahotsav, Freedom Struggle, Ideas @ 75, Resolve @ 75, Action @ 75 and Achievement @ 75 are all closely linked with CPSEs and PSEs.

Mr. Bhupendra Patel opined that such a public sector enterprise contributes to the service sector, starting from the primary sector in the country, to accelerate the pace of development and the direction of self-reliance.

He further said that in order to characterize Action @ 75, it was necessary to consider enhancing the synergy between the public enterprises of the Center and the States.

Regarding the fact that the public enterprises of the country do not enjoy the same monopoly as before, the Chief Minister said that in order to survive in the competitive market, the public enterprises of the country have to be re-oriented.

The Chief Minister also mentioned the features of Gift City- the dream project of Prime Minister Shri Narendrabhai Modi, displaying the role of a solid and strong presence of such PSEs in Gujarat.

He urged CPSEs to invest in Gift City, take advantage of the vast space in the Gift City, ICT network, facilities to launch global treasury operations, back office and extensive facilities for IT operations.

The Chief Minister also invited the CEOs of various CPSEs participating in the conference to visit the world’s tallest statue of Iron Man Sardar Vallabhbhai Patel ‘Statue of Unity’.

Union Finance Minister Mrs. Nirmala Sitharaman

Union Finance Minister Smt. Nirmala Sitharaman said that public enterprises have made invaluable contribution in the multifaceted development of the nation. As India celebrates 75 years of independence from colonial rule, this exhibition is organized to show the progress of public enterprises serving the development of the nation in the last 75 years. These 75 weeks are the right time for the Azadi ka Amrut Mahotsav, in which all the organizations have got an opportunity to show their contribution in the development of the country.

Finance Minister Ms Sitharam added that public enterprises were started with a very clear understanding to contribute to infrastructural development with long term investments. But long-term projects were not possible for a country that was just out of colonial rule at the time unless the government itself built the investment and capacity.

The journey of public enterprises started from 1947 and till today it has been continuously contributing in bringing up the Indian economy. As a result of globalization, liberalization and privatization, the entrepreneurs of the country got an excellent opportunity to contribute in nation building. Gujarat is a land of entrepreneurs and ventures which was the specialty of India.

Finance Minister Smt. Sitharam further said that the budget for the year 2020-21 has provided ample opportunity for expansion of public enterprises in key sectors, scaling up, diversification investment. So today public enterprises are competing with the private sector and gaining a global reputation. We need to look at new areas of development, increase efficiency, where we can benefit from Web 3, Industrial Revolution 4.0, Deep Data, Deep Technology.

Mrs. Soma Mandal, Chairperson, SCOPE and SAIL, in her welcome address, said that PSUs have a significant contribution to make to the country’s GDP. All the members of SCOPE are constantly striving to achieve the goal of making the country a 5 trillion economy.

In addition, these institutions are working for the economic and infrastructural development of the country as well as education, health and skills development through CSR to ensure inclusive growth. The exhibition, which is being held as part of the Azadi ka Amrit Mahotsav, shows an overview of the development of 75 public enterprises from independence to present day, which will prove to be an inspiration for years to come.

Union Finance Minister Mrs. Nirmala Sitharaman and Chief Minister Mr. Bhupendrabhai Patel virtually inaugurated the settlements of NTPC, Solapur, Maharashtra and Bharat Electronics Ltd., Bengaluru, Karnataka as ‘Mini Smart City’.

The 750 kW solar plant installed in this mini smart city generates 34% of the total electricity requirement. LED lights as well as LED street lights have been used to save electricity. Other features include state-of-the-art vehicle scanning systems, speed control points, CCTV cameras for security, and more.

The event was attended by senior officials of the Public Enterprises Department of the Central Government, senior officials of the State Government and representatives of 75 Central Public Enterprises.

Source: Information Department, Gujarat