PM's address at Davos continues:

- Many societies and countries are becoming self-centred. It seems that gloabalisation, as opposed to its definition, is shrinking.

- Such misplaced preferences can't be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading.

-We in India are proud of our democracy and diversity. For a society with diverse religions, cultures, languages, attires and cuisines, democracy is not just a political system but a way of living.

- In 2014 after 30 years, the 600 crore Indians provided complete majority to any political party to form govt at the centre.

- We took the resolution for the development of everyone and not just a specific group. Our motto is 'Sabka Saath Sabka Vikas'.

-Democracy, demography and dynamism together are realising the development dream in India and shaping its destiny.

- For the first time in 70 years of Independence, we implemented a unified tax regime in the form of goods and services tax.

- We're using technology to increase transparency and accountability.

- We have abolished the licence permit raj and improved the ease of doing business in India.

- Change in India's ranking is an indicator that the people in India have warmly welcomed the change in policies as the road to a better future for them.