WEF 2018 Day 1 highlights: Spoken like a statesman, say Fadnavis, Prabhu on Modi's speech; Rahul Gandhi attacks PM on inequality

Prime Minister Narendra Modi will address the opening plenary of the summit at the World Economic Forum at Davos today.

FP Staff January 23, 2018 20:30:56 IST
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WEF 2018 Day 1 highlights: Spoken like a statesman, say Fadnavis, Prabhu on Modi's speech; Rahul Gandhi attacks PM on inequality


12:41 (ist)

Modi's presence in Davos opens up business for India: Piyush Goyal

Union minister Piyush Goyal was quoted as saying by ANI, "World Economic Forum represents business from all parts of the world. You are looking at the big Indian opportunity, the big Indian market, the new paradigm of doing business and easier environment to invest in, to flourish in. Prime Minister's presence at the World Economic Forum in Davos this year is certainly a big message to the world community that India is open for business."


Jan 23, 2018 - 20:31 (IST)

Elsewhere in Davos, panelists take an unflinching look at how to fight abuses of power and sexual harassment

Maryam Monsef, Minister of Status of Women in Canada, emphasised three base support system for women who face sexual harassment. First is an active redressal and support system to aide the woman. Second comes a rigorous support system to help the family cope with the trauma, and third is a strong and responsive legal support system that gives them justice. 

Jan 23, 2018 - 20:31 (IST)

Watch: Shah Rukh Khan speak about women empowerment in India

Jan 23, 2018 - 20:10 (IST)

We are in a world where so many are categorized and Davos shows us that we need to connect with people in order to heal the fractures in the world: Shah Rukh Khan

Jan 23, 2018 - 20:03 (IST)

Shah Rukh Khan reveals how he came to work with acid attack victims

Khan said he frequently visits a hospital for his shoulder injury and he met two kids from Kashmir who had lost their family in a abomb attack and had suffered 60-70 percent burn injuries. He said their story, and because the children were the same age as his kids, inspired him to read more about the issue and he found out that officially their were 400 women who suffered acid attacks and survived after grave burn injuries. 

Jan 23, 2018 - 19:57 (IST)

Crystal award was a result of other people's bravery and work: Shah Rukh Khan

Elaborating further on his thoughts on recieveing the award, Khan said that by working with acid attack victims, he found out that we are as a society only too eager to give definitions, and branch new descriptions of these people. However, he said he realised over time that these women didn't need such things." They were quite brave on their own. What they needed was our presence, acceptance and perhaps a show of solidarity," Khan said. 

He said he is not being modest but quite frankly this particular award was the result of other people's bravery and strength and he had only offered them his present and his solidarity. 

Jan 23, 2018 - 19:47 (IST)

I love awards, movie stars are meant to be narcissist: Shah Rukh Khan 

Responding to a question about what it meant to be a recipient of Crystal Award, Khan said, "I would be very honest about it, I love awards. You know movie stars are supposed to be narcissists, they are supposed to be self-obsessed, and I am as a matter of fact, quite greedy for them."

Jan 23, 2018 - 19:37 (IST)

Shah Rukh Khan speaks about women empowerment in India at Davos

Jan 23, 2018 - 19:32 (IST)

Congress hopes, back at home, PM will follow through with actions, his words in Davos

Jan 23, 2018 - 19:13 (IST)

Telangana CM Chandrababu Naidu lauds Modi's speech

"Prime Minister Narendra Modi gave a very good message to global community especially on geopolitics, terrorism and environmental issues," Naidu said. 

Jan 23, 2018 - 19:06 (IST)

Developing world is shouldering the burden of refugees and displaced people: Cate Blanchett at WEF

Cate Blanchett, an Australian actor and a UNHCR Global Goodwill Ambassador, said that it is often believed that the developing world is faced with the burden of imbibing the people displaced due to war and conflict but that is a myth. She said that only 1 percent of the people displaced have settled in developed countries. 

Latest updates: Prime Minister Narendra Modi will deliver the opening keynote address at the World Economic Forum (WEF) at 3.45 pm IST on Tuesday. He will also interact with 120 members of the International Business Council on Tuesday, which is a part of the WEF.

The prime minister is likely to emphasise his government's vision of a 'New India' and position himself and the country as a democracy willing to engage with all corners in a friendly, multi-dimensional manner, according to The Economic Times.

Maharashtra chief minister Devendra Fadnavis told ANI that global CEOs applauded India's efforts to bring in a regime like GST. "GST and demonestisation were bold initiatives and people now feel economy is getting cleaner and predictable," he added.

The prime minister is accompanied by six Union ministers, including Finance Minister Arun Jaitley, Railway Minister Piyush Goyal, Commerce Minister Suresh Prabhu, Dharmendra Pradhan, MJ Akbar and Jitendra Singh.

Besides, Maharashtra chief minister Devendra Fadnavis and Andhra Pradesh chief minister Chandrababu Naidu, over 100 CEOs will also accompany Modi. This will take Indian delegation's total to 129 — the fourth highest after the US (780), the UK (266) and Switzerland (233 people). China will have 118 participants.

WEF 2018 Day 1 highlights Spoken like a statesman say Fadnavis Prabhu on Modis speech Rahul Gandhi attacks PM on inequality

Prime Minister Narendra Modi with Switzerland President Alain Berset in Davos. AP

Ahead of the meeting, Modi, in a series of tweets with the hashtag #Indiameansbusiness, announced his agenda for the five-day global event.The World Economic Forum Annual Meeting 2018 is taking place in Davos-Klosters, Switzerland, under the theme 'Creating a Shared Future in a Fractured World'. Prime Minister Narendra Modi is at the summit. It is the first time since 1997 that an Indian prime minister is attending the Davos summit

According to WEF's 'Readiness for the future of production report', India, with total manufacturing value of $420 billion in 2016, is fifth largest manufacturer in the world with over 7 percent per year growth on average. The country's total manufacturing value accounts for 12-15 percent of the total global value. "Home to the second-largest population in the world and one of the fastest growing economies, the demand for Indian manufactured products is rising. India has room for improvement across the drivers of production, except for demand environment where is ranks in the top 5," the WEF said.

Superstar Shahrukh Khan has also been invited for the mega event to talk about 'women empowerment' and its significance for India.

(With PTI inputs)

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