Prime Minister Narendra Modi speaking at Hindustan Times Leadership Summit

I am sure there will be extensive discussions on the topic you have decided

It is an acceptable fact that India is one of the fastest growing economy in the world

Let us place what is happening in India in the context of the world and in context of what we witnessed in the recent past

Let us place what is happening in India in the context of the world and in context of what we witnessed in the recent past

There was an environment of disappointment. If we keep this in mind and then look at the current scenario. However good the people and party, but if there is a fractured mandate, there is mood of apprehension, whether they can do it or not

The first change or credit to the people is giving a full mandate. Credit goes to 125 crore Indians

You need to work hard for long periods to change the economic scenario

For many years, we have either been stable or fall back, forget about moving ahead. We had also become used to it

Having a stable Government is a very big thing and this can't be ignored. Fractured mandates always have uncertainty

On 'Ease of Doing Business', we were either constant or falling. Progressing in those rankings was unthinkable in the past

States we never usually look towards did well in 'Ease of Doing Business' rankings- Odisha, Jharkhand & Chhattisgarh

India is not going to progress from Delhi. States have the most important role in India's progress. States and Centre must work together

Till now Delhi decided where states will spend money. This has changed and now Chief Ministers decide where money will be spent

It is important that the world knows about our states and the strengths of our states

I thank the states for being open to Centre and yet made their point

We want exports to grow, but that is not on the agenda of states. Do states do anything for exports

We requested states to make export promotion council, meet such people and understand their problems

First time we have tried to join the states with the global world

We signed MoU with 100 cities for changing LED bulbs. The day this work is completed - 21,500 MW electricity would be saved

I can't say for HT, but it will definitely make it as a headlines in some newspaper

On a pilot basis we tried to make Chandigarh free from kerosene

This will lead to savings of Rs 45,000 every year. Imagine the change

80 per cent kerosene never went to the homes yet kerosene was being used

Only 3200 families used kerosene, we decided to send them gas cylinder

The black marketing stopped, environment improved. I am just telling you the direction is important

If I cut down subsidy, I will be hailed as reformist, but if we do targetted delivery of subsidies it is not seen as reform

When we travel in a plane and keep a book on an empty seat next to us, which is not even ours, but when the rightful owner comes, we feel bad emptying it. This is our mentality

When Modi says give up gas subsidy of Rs 300-400, how would you feel.

I am happy to tell you that over 40 lakh people have given it up. The country that does not like giving up seat next to them has done so. This shows how the country is changing

We also decided that the people who gave up subsidy, we will not keep their money, we want to convert it into a source of strength for society

We transferred the gas cylinders to people who use firewood

We also tell the people who gave up subsidy that your share has gone to the poor

First time, Rupee bond has been accepted for Railways at London Exchange

Development of India's eastern part cannot be ignored. They are areas with great potential

When we fill air in cycle, then we check with the metre. Imagine if there is a bubble in the tube and all the air goes there. So the air is there in the tube but the cycle will not move

Similarly if the country's economy moves only in the West and not in the Eastern part, then India will not be able to move forward

Four days ago an important thing happened. I wish media had noticed

India will make Rail engines. Files have been moving for years, nothing happened.

40,000 crore FDI for two rail engines has happened last week - both in Bihar - decided after Bihar election

Eastern India will be linked to the gas grid. 80,000 crore urea subsidy

Am not criticising anyone but there are 18,000 villages in India, which do not have electricity poles

I am not saying previous governments didn't work. I called officials and said I need work. I said I will do it in 1,000 days

You know how much it hurts someone, that means per day 19 villages

I request all of you, download an app Gramin Vidyutikaran on your mobile. You can see that per day what work is happening in which village

We decided to make a Port department for Rail. Till then we cannot be globally competitive

The reformist people will say do disinvestment this is a good governance

I have to go to Parliament. The good news is that it is functioning smoothly and the credit for it goes not to Modi but to all parties

Prime Minister Narendra today spoke at the inaugural session of 13th edition of Hindustan Times Leadership Summit