Restart won't be possible without reset - PM Narendra Modi at 3rd Annual Bloomberg New Economy Forum

Prime Minister Narendra Modi on Tuesday delivered an address at the 3rd Annual Bloomberg New Economy Forum. PM Narendra Modi said, "Things like community gatherings, sports activities, education and recreations are not the same as before. The biggest question before the entire world is how to restart."

"The restart will not be possible without a reset. A reset of mindset, processes and practices. I think the historic reconstruction efforts after the two world wars can give us several lessons," PM Modi added during his address at the 3rd Annual Bloomberg New Economy Forum event.

"Post world wars the entire world worked on a new world order and changed itself. COVID-19 has also given us a similar opportunity to develop new protocols in every field. This opportunity should be grabbed by the world if we want to develop resilience system for the future," PM Modi said.

"During the lockdown, many cities saw clearer lakes, rivers and air. So many of us could listen to chirping of birds that we didn't notice earlier. Can we not build sustainable cities where these features are norms not an exception?" Modi added. "It has been our endeavour in India to build urban centres which have the amenities of a city but the spirit of village."

WATCH FULL VIDEO: PM Narendra Modi addresses Bloomberg New Economic Forum

Bloomberg New Economy Forum

- The Bloomberg New Economy Forum was established in 2018 by Michael Bloomberg.

-It seeks to build a community of leaders to engage in real conversations leading to actionable solutions about the critical challenges facing a world economy in the throes of a historic transition. 

-The inaugural Forum was held in Singapore, and the second annual Forum was hosted in Beijing. 

-These covered a range of topics, including global economic management, trade and investment, technology, urbanization, capital markets, climate change, and inclusion.

This year, as the world economy is grappling with the Covid-19 pandemic, the forum will witness discussions centered on refuelling the economy and charting a course for the future.