Present Era in India is an era of Economic Empowerment and Innovation : Lok Sabha Speaker
NEW DELHI : Lok Sabha Speaker Shri Om Birla on Wednesday emphasises that the pillars of industry and commerce occupy a pivotal place in the Indian leadership’s resolute commitment to transforming India into a fully developed nation by the year 2047. To realize this national aspiration, Shri Birla called upon all stakeholders to embrace a model of development that is not only sustainable and enduring, but also inclusive, anchored firmly in the spirit of research, innovation, and forward-thinking enterprise.
Addressing at an event to mark at the 120th anniversary of the PHD Chamber of Commerce and Industry in New Delhi, Shri Birla observed that ‘development-oriented policies’ of the Government of India are providing new energy to our industries today, adding that present era in India is an era of economic empowerment and innovation.
Outlining the roadmap for ‘Vikshit Bharat 2047’, Lok Sabha Speaker Shri Om Birla said that nation’s trade policy today is deeply rooted in the grand vision of a self-reliant India (Atmanirbhar Bharat) and reflects India’s growing stature on the global stage.
Shri Birla underlined that contemporary India has emerged as a beacon for global investors—a land where the ease of doing business is not merely an aspiration, but a reality. He noted with pride that India’s remarkable economic resurgence following the global pandemic serves as a source of hope and inspiration for the developing world, showcasing the nation’s resilience and its unwavering march toward inclusive growth and prosperity.
He observed that flagship programmes such as Make in India, Digital India, Gati Shakti, Bharatmala Pariyojana, Udaan Yojana, and the development of electronic manufacturing clusters are weaving a robust tapestry of industrial and commercial infrastructure across the nation. He further remarked that the simplification of industrial policies, the establishment of a transparent and investor-friendly tax regime, and the adoption of a single-window clearance system have significantly nurtured and emboldened the spirit of entrepreneurship in the country.
Shri Birla remarked that the nation is swiftly transcending its traditional role as a consumer-driven economy to emerge as a vibrant cradle of innovation and ingenuity. He lauded the transformative contributions of Indian enterprises—especially the dynamic ecosystem of Start-Ups—which, with their fresh perspectives and groundbreaking ideas, are paving the way for sustainable development and propelling India toward becoming a global superpower.
Shri Birla further highlighted the dawn of a new economic era in India—an era defined by the confluence of cutting-edge technologies such as Artificial Intelligence, Data Analytics, and a surge in innovation-led productivity. This synergy, he noted, is not only driving robust economic growth but also fostering a culture of transparency and efficiency. Turning to the digital revolution sweeping through the nation, Shri Birla drew attention to the phenomenal rise in digital transactions across the commercial landscape. He observed that this digital momentum is ushering in an unprecedented era of economic inclusion—one that is bridging the gap between remote regions and the heart of India’s mainstream economy, thereby illuminating even the most distant corners of the country with the promise of progress and prosperity.
Shri Birla lauded PHDCCI for acting as a strong bridge between industries and policy makers, bringing forth informed insights and thoughtful recommendations that can guide the Government in crafting forward-looking, responsive policies. Shri Birla appreciated the commendable efforts of PHDCCI in nurturing and empowering the dynamic spirit of Indian women through visionary initiatives such as the Women Entrepreneurship Development Programmes and Networking and Mentoring platforms. These initiatives, he noted, have played a pivotal role in unlocking the vast potential of Nari Shakti, enabling women to emerge as powerful and influential participants in the realms of commerce and industry. He further observed that today, the presence and leadership of women in the economic landscape are no longer exceptions but a growing force that is shaping the future of Indian enterprise. Shri Birla emphasized that institutions like PHDCCI possess an intrinsic understanding of the aspirations, strengths, and challenges of the industrial ecosystem.