New Delhi, 25 Jun: Union minister Nirmala Sitharaman on Sunday termed Prime Minister Narendra Modi\u2019s US tour \u201cimpactful\u201d and said the bilateral decisions taken during his visit have established steps towards greater realisation of national goals.
\nAddressing a press conference at the BJP headquarters here, she also hailed the prime minister\u2019s visit to Egypt and said President Abdel Fattah El-Sisi conferring the \u2018Order of the Nile\u2019, Egypt\u2019s highest honour, on Modi was a \u201cproud moment for India\u201d.
\nWith this, the prime minister has received the highest civilian awards from 13 countries, six of them with the highest Muslim population, she added. (PTI)
\nThe prime minister\u2019s visit attained quite a high prominence in Egypt, she told reporters.
\nHighlighting the key takeaways from the prime minister\u2019s US visit, Sitharaman said both India and the United States have taken each other \u201cwarmly\u201d and \u201cestablished such steps\u201d which would help in \u201cgreater realisation of our national goals\u201d.
\nHailing Modi\u2019s address to the joint session of the US Congress and Senate as \u201cvery significant\u201d, she said the prime minister receiving standing ovations during his speech was \u201ca matter of pride for all of us in the country\u201d.
\n\u201cIt was a very significant event for our prime minister having been invited to address the joint session of the US Congress for the second time. It was a bipartisan invitation to address the joint house,\u201d she said.
\n\u201cDuring his speech, the prime minister expressed very clearly where India and the US relationship stands and what is it that it can do towards global order,\u201d she said.
\nThe finance minister said implementation of the agreement signed between India and the US on semiconductor supply chains will result in creation of more than 5,000 new direct jobs and also 15,000 indirect jobs in the country.
\n\u201cMicron Technology is likely to invest USD 800 million towards 2.75 billion semiconductor assembly and test facility in Gujarat,\u201d she said.
\n\u201cWe are also becoming part of an alliance of rare earths and materials and in this, it is expected to support more than 2 billion planned investments,\u201d she added.
\nSetting up of centres for the semiconductors, commercialisation and innovation in Bengaluru is expected to support more than 2 billion planned investments, 500 new advanced engineering jobs and potential another 2,500 jobs in the manufacturing ecosystem, she noted.
\n\u201cThis is a very big step forward,\u201d she added.
\nThe minister further said the department of atomic energy also had a share in the agreements signed between India and the US during the prime minister\u2019s visit to that country.
\n\u201cGE-Aerospace, the biggest of aeronautics companies, signed an agreement with Hindustan Aeronautics Limited (HAL) for joint production of F 414 aircraft engines which will be made in India and 80 per cent of the technology will transferred (to India),\u201d she said.
\n\u201cI highlighted this because it is HAL about which repeatedly the opposition sheds crocodile tears,\u201d she said and asked them to \u201cunderstand\u201d the outcome of the HAL\u2019s joint production agreement with the GE.
\n\u201cThese made-in-India engines will be used for HAL\u2019s own Tejas aircraft,\u201d she added. (PTI)<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi, 25 Jun: Union minister Nirmala Sitharaman on Sunday termed Prime Minister Narendra Modi\u2019s US tour \u201cimpactful\u201d and said the bilateral decisions taken during his visit have established steps towards greater realisation of national goals. Addressing a press conference at the BJP headquarters here, she also hailed the prime minister\u2019s visit to Egypt and […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-219140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/219140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=219140"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/219140\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=219140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=219140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=219140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}