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00:00profiles will be important.
00:01So now with the increase in quantum computing, AI,
00:06and so on, I think we'll be much more informed
00:08about these risk profilings and parameters,
00:11which will also help then to manage on the ground
00:16these projects, initiatives on disaster management
00:18and so on.
00:19Tomorrow you will give your suggestion?
00:21Tomorrow the question will be to see how we can do that.
00:25I will specifically talk about the biotech
00:26and the life sciences sector,
00:27which is also a big contributor to the climate change,
00:32tackling the climate change
00:33and environmental and sustainability.
00:35We also have applications where we can use
00:37cell-based mechanisms to tackle environmental challenges.
00:43So we'll have an open discussion on how to do that.
00:47The session will be chaired with some minister also,
00:52who will be there.
00:53So thank you, sir.
00:54Thank you so much.
00:55Have a good time in the state of Odisha.
00:58So,
01:55Well, on the eve of 18th Prabhashiv Bharatiya Diwas,
02:10the inaugural ceremony, we have a very special guest.
02:14Dr. Sitaraman is here.
02:16He's a banker, he's an economist,
02:19and who did PhD from Odisha.
02:21Now he's best at Dubai,
02:23but the love and affection of Odia,
02:27and especially in Odisha,
02:29he has a very weakness towards this state of Odisha.
02:34So let us talk to him.
02:36On the eve of Prabhashiv Bharatiya, he is there.
02:39Not only he, his family is here.
02:41His wife is also here.
02:43Sir, welcome both of you to ETV.
02:46You are best at Dubai.
02:49You did PhD from Odisha.
02:51That's right.
02:52And you are a banker.
02:54So economy, if you'll see,
02:57the Prime Minister has taken a dream
03:01of 2047 Viksit Bharat.
03:04So globally, India will have a definite place.
03:10So as an economist, as a banker, what's your opinion?
03:14India is going to be the Vishwa Guru,
03:15no question about it.
03:17India's vision of Viksit Bharat
03:21is built on sustainable development goals.
03:24One world, one family, one earth.
03:27That's what we said during the G20.
03:32India's eminence in the last 10, 11 years
03:36has been very profound and highly professional.
03:40More governance, less government.
03:43We are seeing it.
03:43The market is liberalized, the economic development,
03:46social development, environment development,
03:48human development, and the cultural development.
03:51India is second to none.
03:51India is globalized.
03:53The Prime Minister, what he has done,
03:54he has taken India around the world
03:56and showcased around the world Indian culture,
03:59Indian dance, Indian music, Indian food, Indian cinema.
04:04Everything has been today globalized.
04:06Today, Viksit Bharat is going to propel
04:08the opportunity for economic development,
04:10environment development, social development,
04:13and also the human development and cultural development.
04:16So that is the vision.
04:18India is now ranking in terms of global momentum
04:21as number five in the world in terms of economics,
04:24and we are going to reach number three.
04:26Market growth is ranging between 6.5 to 7% on average.
04:31India will become Vishwa Guru in true sense by 2047.
04:35We are going to have a greater prosperity
04:37by the contribution of non-resident Indians.
04:4036 million people are living around the world
04:42as PIO and NRIs.
04:45They are limiting annually over $100 billion.
04:49They're also investing in infrastructure bonds,
04:54RBI gold bonds, and again,
04:56they have foreign currency non-resident account,
04:58and they are also contributing.