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PM Modi at Davos: India making rapid strides in renewable energy

 India is making rapid strides in the renewable energy arena and has successfully met a large part of its green energy generation targets, Prime Minister Narendra Modi said during his speech at the opening session of the 2018 World Economic Forum at Davos in Switzerland.

"To save the environment and to fight climate change, my government has planned a major campaign. By 2022, we want to generate 175 GW of renewable energy. In the last three years, we have already achieved 60 GW or around one-third of this target," he said.

Modi also said India had taken the lead in fighting climate change by setting up the International Solar Alliance - a global grouping of more than 121 countries, most of them being sunshine countries, which fall either completely or partly between the Tropic of Cancer and the Tropic of Capricorn. The grouping's aim is to work for efficient exploitation of solar energy to cut dependence on fossil fuels..
He also referred to the first summit of the International Solar Alliance: I am very happy that in March this year, French President Francois Mccro and leaders of member states of the Alliance will participate in the first summit of the Alliance, which will be held in New Delhi on my joint invitation.

Modi said climate change was among the gravest threats being faced by the humanity. "Extreme weather conditions are rising by the day and the world should come together. Climate change is major threat right now, snow in the Arctic is melting, many islands are sinking or are about to sink," he said.

The Prime Minister said that terrorism and protectionism are two other big threats that the world is facing today. He said the Goods and Services Tax (GST), ending of license raj, scrapping unnecessary laws, red carpet in place of red tape and FDI reform were among his government's biggest achievements.

Modi became the first Indian Prime Minister in two decades to join the world's top business leaders in the Swiss resort town of Davos.

 

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