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English Release 21-November 2014
Date Month Year
  • President's Secretariat
  • Speech by the President of India, Shri Pranab Mukherjee at the First Convocation of National Institute of Technology, Arunachal Pradesh
  • President of India attends the First Convocation of NIT, Arunachal Pradesh
  • Speech by the president of India, Shri Pranab Mukherjee at the president’s standard presentation to 115 helicopter unit and 26 squadron
  • President of India awards Standards to 115 Helicopter Unit and 26 Squadron
  • Vice President's Secretariat
  • COMPREHENSIVE & ADVOCACY OF CIVIL RIGHTS HAS UNDERGONE QUANTITATIVE & QUALITATIVE CHANGES IN PAST FOUR DECADES – VICE PRESIDENT
  • VICE PRESIDENT DELIVERS EIGHTH V.M. TARKUNDE MEMORIAL LECTURE ON ‘CITIZENS AND STATE CONDUCT’
  • Prime Minister's Office
  • PM Invites President Obama to be Chief Guest at Republic Day
  • PM Blogs on his visit to Myanmar, Australia and Fiji
  • Election Commission
  • FACTS AT A GLANCE: Jammu & Kashmir
  • Min of Agriculture
  • Coop Model Best For Employment And Social Equality : Radha Mohan Singh
  • Rabi Area Coverage Shows Improvement
  • Government to Launch Blue Revolution
  • NDDB Sanctioned 42 Dairy Projects for 12 States Worth about Rs. 221 crore
  • Min of Defence
  • Chief of the Air Staff to Visit Indonesia
  • Press Release for Media Interaction by CAS on 21 Nov 2014 President Awards Standards To 115 Helicopter Unit and 26 Son of IAF
  • Press Release for Media Interaction by CAS on 21 Nov 2014
  • Min of Environment and Forests
  • Text of the Speech delivered by Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar at High Level Segment of 26th Meeting of the Montreal Protocol, 20 Nov 201
  • Ministry of Finance
  • Japan’s Official Development Loan Assistance to India for an Amount of YEN 15.620 Billion for the Guwahati Sewerage Project
  • Min of Health and Family Welfare
  • India to host 11th International Inter-Ministerial Conference on Population and Development
  • Min of Home Affairs
  • Panthawada Village selected under SAGY
  • Min of Human Resource Development
  • Consultative Committee Meeting of the Ministry of HRD Held
  • Min of Information & Broadcasting
  • World Film Posters Exhibition of Krzysztof Kieslowski Opens at 45th IFFI
  • Director of ‘the Gods of Water’ Pablo Cesar Meets Press at 45th IFFI
  • Indian Panorama Jury Meets Media at 45th IFFI
  • Country Focus- China Opens with Screening of ‘Finding Mr. Right’
  • Film Posters Exhibition Opens at 45th IFFI
  • Indian Panorama Opens with Screening of ‘The Last Adieu’ and ‘Elizabeth Ekadashi
  • Min of Mines
  • Mineral Production during September 2014
  • Mines Ministry Seeks Suggestions to Amend Mines & Minerals (Development and Regulation) Act, 1957
  • Min of Minority Affairs
  • Regional Office of National Minorities Development & Finance Cooperation to be Inaugurated in Chennai by Dr. Najma Heptulla
  • Min of Petroleum & Natural Gas
  • Production Performance of Oil & Natural Gas Sector for the month of October, 2014
  • Global crude oil price of Indian Basket was US$ 75.81 per bbl on 20.11.201
  • Ministry of Railways
  • Suersh Prabhu Calls Upon to Undertake a Comprehensive and Structured Energy Audit in Indian Railways
  • Min of Urban Development
  • Shri M.Venkaiah Naidu asks states to tone up urban governance

Previous Date

 
Prime Minister's Office01-November, 2012 11:18 IST
PM’s opening remarks at the meeting of Council of Ministers

Following is the text of Prime Minister, Dr. Manmohan Singh’s opening remarks at the meeting of Council of Ministers in New Delhi today:

“My Cabinet Colleagues and Members of the Union Council of Ministers,

I welcome you to this meeting of the full Council of Ministers. Since a number of new colleagues have joined the Council following the recent reshuffle, I thought it opportune to convene this meeting to welcome them and also to share with all of you a few thoughts on the agenda of our Government.

The UPA Government is now in its ninth year. We should take pride in the fact that, during this time, we have notched up significant achievements in the field of social and economic policy-making. Flagship initiatives like the Mahatma Gandhi National Rural Employment Guarantee Scheme, the setting up of the Unique Identification Authority of India to provide every resident with an “Aadhaar” number to access social support services, Rural Health Mission, Jawahar Lal Nehru Urban Renewal Mission, Skill Development Mission and legislation bringing into effect the Right to Information and the Right to Education – these are only a few examples of the UPA Government’s work in order to realize its fundamental objective of inclusive growth.

We have also, during most of this time, enjoyed sustained and robust economic growth, which in turn has made possible the enhanced social sector spending necessary to support our initiatives in the fields of health, education, employment, agriculture and rural development and other vital areas.

While we should take justifiable pride in our successes, it is important to recognize that we are now also experiencing the fallout of difficult economic conditions worldwide. As a result, our growth has decelerated, our exports have fallen and our fiscal deficits are expanding. Of particular concern is the fiscal deficit, which is too high and acts as a deterrent for domestic and foreign investment. These issues have a rippling effect across the economy and on the work of many departments that are represented here. In order to have a clearer appreciation of the macro-economic picture that we are faced with, I have also requested Finance Minister Shri P.Chidambaram to share an assessment of the economic situation with us. My own view is that while we need not be unduly gloomy about our prospects, we certainly need to redouble our resolve to meet the challenges before us and rise to the task of governance.

One area that is at the top of our agenda and will require particular attention and effort at multiple levels across government is infrastructure. During the Twelfth Plan, we have set ourselves a target of realizing nearly 1 trillion dollars of investment in infrastructure sectors. To do so, we will have to overcome the constraints that currently deter or slow down this investment. Fuel supply arrangements, security and environmental clearances and financing difficulties are among these constraints. The growing gap between demand and supply of energy has emerged as a major constraint on our development. It is a major factor in widening the deficit on current account of our balance of payments as well as the fiscal deficit. It is imperative that we come to a common understanding on these issues and work out mechanisms and remedial measures that will enable us to tackle these critical deficiences on a priority basis.

Friends, I am of the firm belief that the future holds great promise for India. We can achieve the targets we have set for ourselves, provided we approach the task with courage and with conviction. I am aware that we are working against the political calendar, but we should not lose sight of the fact that we are also involved in the task of nation-building. Our responsibilities and our commitment therefore need to transcend other considerations. I have no doubt that, in the time that is available to us, each one of you will bring your best efforts to complete the unfinished task before us and extend your support to all our colleagues across government in achieving the objectives we have set for ourselves.

In addition, since a number of energetic and younger colleagues have now joined the Council of Ministers, I would also request my senior Cabinet colleagues to make full use of the capacities and capabilities of their Ministers of State by assigning them substantive tasks.

I thank you for your attention. I now invite the Finance Minister to share his thoughts with us.”

****


SH/SK/SM
(Release ID :88752)

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