On the occasion, Singapore’s Deputy Prime Minister Tharman Shanmugaratnam will also deliver a keynote address on the subject-'Fulfilling India's Potential in the Global Economy'. A panel discussion and brainstorming session are also part of the event where ministers and officers will exchange ideas on economy, governance and development with Shanmugaratnam.

The annual lecture series on Transforming India was proposed by Prime Minister Modi to bring in international personalities to share their experiences and ideas on India.

Here are the highlights from his maiden lecture:

Development now depends on the quality of institutions and ideas: PM Modi.

We must change for both external and internal reasons: PM Modi.

30 years ago, a country might have been able to look inward and find its solutions. Today, countries are inter dependent and inter connected: PM.

No country can afford any longer to develop in isolation: PM.

Younger generation in India is thinking and aspiring so differently, that government can no longer afford to remain rooted in the past: PM.

If India is to meet the challenge of change, mere incremental progress is not enough. A metamorphosis is needed: PM.

The transformation of India cannot happen without a transformation of governance: PM.

One of the greatest reformers and administrators of our time was Lee Kuan Yew who transformed Singapore to what it is today: PM.

It is therefore fitting that we are inaugurating this series with Shri Tharman Shanmugaratnam, Deputy Prime Minister of Singapore: PM Modi.

Shri Shanmugaratnam is one of the world’s leading intellectuals: PM.

We have to change laws, eliminate unnecessary procedures, speed-up processes and adopt technology: PM Modi.

My vision for India is 'Rapid Transformation', not gradual evolution: PM Narendra Modi.

What we need is a collective opening of our minds, and to let in the new, global perspectives: PM Modi.

Transformation of India cannot happen without transformation of governance: PM Narendra Modi.

Transformation of governance can't happen without transformation of mindset. That can't happen without transformative ideas: PM Modi.

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