New Delhi: Union Minister of Commerce and Industry Piyush Goyal has said that under the dynamic leadership of Prime Minister Narendra Modi, during the last 10 years, 10 foundational principles of governance have been the pillar of this decade of unprecedented transformation. The foundational principles include decisive leadership, root cause analysis, outcome-oriented action, rule of law and transparency, time-bound execution, prioritisation of issues, accountability and monitoring, adoption of technology, innovative financing, and partnership with all stakeholders. The Minister made these remarks in Chennai today while delivering a speech at the Thuglak Annual Meet.

Delivering the keynote address on the theme ‘India's Rise and the Challenges it Faces’, Piyush Goyal said, “The remarkable rise that the nation is witnessing is the result of a structured and outcome-driven approach rooted in clear principles and powered by 5Ds - Democracy, Demographic Dividend, Diversity, Demand and Dependability.” According to the Minister, the 10 foundational principles have driven India’s rise across six key areas: global leadership; economy, manufacturing and investments; innovation and entrepreneurship; infrastructure development; global soft power; and women-led development.

“India’s rise in global leadership reflects its growing influence, values, and diplomacy on the world stage. ‘Vasudhaiva Kutumbakam’, the theme of India’s G20 Presidency rooted in ancient Indian philosophy, resonates deeply with the wisdom of Thiruvalluvar. The 27-foot Nataraja statue at Bharat Mandapam showcases Tamil Nadu's rich cultural heritage,” he added. India’s rise as a global soft power is reflected in remarkable achievements across sports, culture, and innovation, he said. “Tamil Nadu, particularly Chennai, the Sathuranga powerhouse of India, has given us legends like Viswanathan Anand and rising stars like Gukesh, Praggnanandhaa, and Vaishali.”

The Central Government’s focus on universal access to food, clothing, shelter, education, healthcare, digital connectivity, piped water at home, cooking gas connections, and energy-efficient lighting systems ensures a speedy transition to sustainable development goals, he reiterated. While listing the various achievements of the Government, Piyush Goyal also acknowledged the challenges ahead. “While we are building inclusive growth, we must confront the evolving realities of a world that tests our unity, security, and aspirations. Our progress faces opposition from those seeking to undermine our hard-earned gains. Yet, the same resilience that has powered India’s ascent will guide us through these obstacles,” he assured.

Piyush Goyal concluded his speech by recalling the 11 Sankalp of the Prime Minister announced on the occasion of the 75th Anniversary of the Adoption of the Indian Constitution. These Sankalp, inspired by the spirit of the Constitution, lay the foundation for a Viksit Bharat.

BI Bureau