October 03, 2026 05:37 am (IST)

Make this your homepage

News

‘Hanuman Chalisa gave me courage’: Smit Machchhar recounts flydubai cockpit battle to PM Modi | PM Modi speaks to Flydubai pilot Smit Machchhar who foiled crash plot, praises his courage | Putin praises Modi’s ‘good ideas’ to end Ukraine war, thanks Indian PM for peace efforts | Flydubai cockpit attack: Injured Indian pilot Smit Machchhar airlifted to Abu Dhabi | India backs brave flydubai pilot Smit Machchhar, Ambassador meets family after cockpit attack | ‘Saved us from a 9/11’: PM Modi praises Captain Smit Machchhar after terrifying flydubai cockpit attack | 'India is proud': PM Modi hails Flydubai Captain Smit Machchhar as ‘hero’ after mid-air cockpit horror | ‘Too early to say’: Benjamin Netanyahu on Iran link to flydubai plane incident | ‘I didn’t wait, I ran’: Israeli dentist reveals how he saved wounded Flydubai captain during cockpit attack | Israel-bound flight lands in Saudi Arabia as pilots fight in cockpit, stabbing triggers hijack scare mid-air

We must reform to transform : Modi says at ASEAN summit

India Blooms News Service | | Nov 21, 2015, at 05:37 pm

Kuala Lumpur, Nov 21 (IBNS) Reform is a way station on the journey to the destination which is transformation of India, Prime Minister Narendra Modi said on Saturday.

"We asked ourselves the question - Reforms for what? What is the aim of reform? My answer is clear: we must Reform To Transform," he said while addressing ASEAN Business Investment Summit in Kuala Lumpur.

"Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," Modi said.

The Prime Minister said when his government took charge nearly 18 moths ago, India faced many challenges at that time. But by almost every major economic indicator, India is now doing better, he added.

"GDP growth is up and inflation is down. Foreign investment is up and the CAD is down. Tax revenues are up and interest rates are down...Macro-economic stability is good. But to transform India, much more needs to be done," Modi said.

The Prime Minister said India has launched second wave of reforms to re-vitalize the flow of investments and steps are being taken to further open up the economy.

He assured the ASEAN countries that India is committed to protect IP Rights of innovators. A National IPR policy is expected by end of the year.

"Going further, I want to assure you that India is committed to protect Intellectual Property Rights of all innovators."

Inviting ASEAn investors to come and experience the changes in India Modi said the country has immense opportunities.

"I invite you to come and see the winds of change in India. Winds do take time to cross the borders. That is why I am here to invite you," he said.

#We must reform to transform # Modi says at ASEAN summit # India # Prime Minister # Narendra Modi

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

In Images: Kolkata marks PM Modi’s 76th birthday with diya lighting programme Sep 18, 2026, at 12:41 am

In Images: Modi meets African leaders on BRICS sidelines Sep 13, 2026, at 07:20 pm

In Images: PM Modi with BRICS leaders at Bharat Mandapam Sep 13, 2026, at 05:33 pm