 It is my proud privilege to welcome Honorable Prime Minister of India in today's webinar on privatization and asset monetization. Namaste, sir. I am honored to welcome Srimati Nirmala Sita Ramanji, Honorable Minister of Finance and Corporate Affairs, and Sri Anurag Thakurji, Honorable Minister of State for Finance and Corporate Affairs to the webinar. Namaste and warm welcome to all panelists and participants joining from India and around the globe, including North America, Europe, Middle East, and Asia Pacific. The gathering today includes key decision makers from sovereign and pension funds, domestic and international investors, investment banks, advisors, and experts. CEO Niti Ayogh, secretaries and senior officers from 14 ministries of Government of India are participating in the webinar. The historical first budget of this decade presented by Honorable Finance Minister demonstrates government's resolve to propel India to a high-growth trajectory. Honorable Prime Minister believes in time-bound and efficient implementation of various announcements in the budget. The objective of this webinar is to jointly develop an effective implementation plan for the bold reforms on privatization and asset monetization. With sincere gratitude, I now request Honorable Prime Minister of India to share his vision and provide us valuable guidance. Honorable Prime Minister. This time, before the budget, many of you spoke to me in detail. This budget has put India back on the road to a high-growth trajectory. In the development of India, the focus is on the strong partnership of the private sector. In the budget, the scope and target scope of the public-private part of the private sector has been put forward along with the clarity. Investment and asset monetization are an important aspect of this. When the public sector enterprise began in the country, the time was different. And the needs of the country were also different. The policy that was right 50-60 years ago, the scope of the reform is always there. When we are reforming today, our biggest goal is to use public money in the public sector. There are many public sector enterprises that are loss-making. Many of them have to be supported by tax payers. In a way, the rights of the poor, the rights of the youth full of aspiration, have to be put into the work of these enterprises. And this is why even on a meaningful basis, it is very important. The public sector enterprise should not be running only because it has been running for so many years. If the public sector enterprise is fulfilling the needs of some particular sector, if it is related to some strategic importance, then I can understand this. And I can also understand its need. is that he supports the enterprise of the country, the business, but the government should run the enterprise themselves. Today's youth do not need this, nor is it possible. That is why I say that the government has no business to be in business. The focus of the government should be on the welfare and development of the people. More and more the government should be in business for the welfare and development of the people. When the government is in business, there are many ways to make a profit. In business, there are many connections in front of the government. In the government, there is a sense of commercial decision making. Everyone is afraid of the plight and the plight of the court. That is why the government should run the enterprise. I have a very limited time. The person who comes to me will see. That is why the decision is not made. The government should run the enterprise. Business cannot be done with such a thought. You know it very well. Another aspect of this is that when the government is in business, the resources of the government are reduced. The government does not have the resources to run the enterprise. But their training is important. To run the government. To follow the laws of law. To give power to the people of Kalyan. These are the requirements of the laws. And in these things, their training is also there. And in this, their expertise is also there. Because for a long period of time, they have been doing this kind of work among the people. This work is very important in such a big country. But when the government starts doing business, it has to be done with these things. It has to be done with these things. In a way, we do injustice with its talent. We do injustice with that public sector enterprise. The result is the loss of that person. The loss of that enterprise. And that is why, in a way, the country has to face many kinds of losses. Our government's efforts, to improve the lives of the people, in the lives of the people, the government has to reduce the income of the people. In other words, in the lives of the people, neither the government is affected, nor the government is affected. Friends, in today's country, in the control of the government, there are many underutilized and unutilized assets. With this thought, we have discussed the national asset monetization pipeline. Oil, gas, port, airport, power. We have kept the aim of monetizing such 100 assets. In this, it is an opportunity to get 2.5 trillion rupees of investment. And I will also say that this process will continue. The ministerial government is monetized and modernized. When the government is monetized, the private sector of the country is filled with it. The private sector also brings investments with it. It also brings global best practices. It also brings the main power of top quality. It also brings change in management. This makes things more modernized. The whole sector is made up of it. The sector is rapidly developing and new opportunities for jobs are also born. This whole process should be transparent. It is also necessary to monitor the rules. In other words, with monetization and modernization, we can increase the efficiency of the entire economy. Along with it, because of the government's decisions, we will be able to use the money that will be given to the government. Asset monetization and privatization are the home of poverty. That money is useful to make roads in the villages. That money is useful to open schools. That money is useful to get clean water to the poor. How much work do things have to do with human beings? Even after so many years, our country has such a weakness. Now, the country cannot wait for it. It is our primary goal. The citizens of the country need it. They need it. The government is working rapidly in this direction. Asset monetization and privatization are all for the citizens of the country. They are poor, middle-aged, young, women, farmers and workers. They will help them to empower them. With privatization, there are better opportunities for young people. The new generation gets more opportunities to show their talent. To make every enterprise of the country efficient, transparency, accountability, rule of law, parliamentary oversight and strong political will, you will experience it in the first place. In this budget, for the public sector enterprise, the new policy that has been announced is clearly visible to us. Apart from the four strategic sectors, the government is working with the privatization of all other PSCs. There are at least a few PSCs in the strategic sector. We have also proved that all the needs are there. This policy will advance from the annual disinvestment target to the medium term strategic approach. It will help the individual companies. This will lead to a clear road for investment. In every sector, there will be new opportunities for investment. And in India, there will be opportunities for employment. I would also like to say that these are all important assets. These assets have served the country and are still very important. We have seen that when the management changes, the units do not touch the heights. Not from the present, but from the future, we should be able to understand it. And I can see their future in a clear way. Friends, today, our government is moving forward along with the entire commitment. So, the implementation of these policies is as important as it is. In order to make a clear path, in order to make a clear competition, our practices should be correct, policies should be stable. This is very important. For this, along with a detailed roadmap, with proper price discovery and stakeholder mapping, we will have to learn from the world's best practices. We will have to see that the decisions that are being taken, will be beneficial for the people in the development of that sector. Along with that, in December, in the Virtual Global Investors Summit, many of you have put some tax improvements for the Sovereign and Info Sector Fund. You have seen that in this budget, it has been resolved. The speed of the work of the country you will experience today. In order to clear the process, we have created an empowered group of secretaries which quickly removes the useless associated with the investor's system. Similarly, on the basis of many suggestions, we have created a single point of contact system to help big investors step by step. Along with that, in the last few years, our government has made India an important destination for the business. Today, India is equipped with one market, one tax system. Today, in India, for the companies, for the entry and exit, the best means are available. In India, the complexity associated with compliance is being improved. The logistic issues that are coming up are being quickly removed. Today, in India, the tax system is being simplified. Transparency is being empowered. India is the destination where tax payer rights have been codified. Labour laws have been made easy. The companies that are associated with us, for them, in India, are an open source of new opportunities. You are also familiar with the way India has performed in its policies. FDI-friendly mahol and production link incentives, PLI, as well as the supply and investment of India are increasing. In the past few months, FDI-influenced records have been seen in the first place. Today, the ease of doing business is not limited to the central government. In fact, our states are also getting a healthy supply. This is a big change. Friends, for Atman-Nirbhar, we are working on multi-modal connectivity on the modern infrastructure. To upgrade our infrastructure, in the coming 5 years, we are working on the national infrastructure pipeline of 111 trillion rupees. For the private sector, we are working on the investment of 25 trillion rupees. This infrastructure project will also increase our employment and demand. I also realize that many investors are thinking of opening their first office in India. Welcome all of you and my suggestion is to give city international finance center a lot of help. This center will be governed under the international comparable regulatory framework. It can be a good base to work for you. We are working fast to provide various plug-and-place solutions in the development of India. The solutions are now being taken towards the goals that are increasing. The goals will increase the trust of the entire private sector. The biggest investors in the world are not only from the government but also from the industry. These aspirations have brought a great opportunity to the business. Let us all use these opportunities for a better world. Let us contribute to the development of India. In such a large scale today you have joined this community. I express my gratitude to you. You have a deep experience. You have the experience of the country and the world. Your best suggestion is to help us to make these things faster. I would like to thank you. The things that have come in the budget have been tried. I would like to help you to implement them in the road. I am sure that your experience, your knowledge, your support will bring a new world together. Once again, I welcome you and wait for your suggestions. Thank you very much.