Sunday 27 September 2015

PM Modi addresses townhall at Facebook HQ

10:33

Welcoming Mr. Modi to the Facebook campus, CEO Mark Zuckerberg appreciated 'Digital India' and talked about the need for connectivity. He also spoke about how Mr. Modi is setting an example on how to connect with citizens using social media.

 

modizuck2

 

Here are the live updates (in IST):

10:26 pm: You were one of the early adopters of social media. Did you expect the impact on policy, foreign policy etc.?

Mr. Modi replies: Social media was like a "guide" and an easy textbook to know about things for me.

10:25 pm: "Technology will play an important role. In the last few years...many talk about the change in perception about Indian economy. In the last 15 months we have managed to win back the confidence about our economy. This is our greatest achievement."

10:23 pm: India is world's largest democracy. Economically, every multilateral institution says that we are the fastest growing economy. My dream is to increase our GDP from 8 trillion to 20 trillion dollar economy: PM Modi

10:22 pm: We want to focus on agriculture, services and manufacturing, says PM Modi

10:21 pm: Facebook's initiative to connect the world will not be only a way to increase its bank balance but will be a means to reach out to the aspirations of crores of people. I am thankful to you for this: PM Modi

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10:17 pm: Steve Jobs told me to go to India to seek guidance during early days of Facebook: Zuckerberg

10:13 pm: Supporters cheer for Mr. Modi and CEO Zuckerberg as he greets the crowd at Facebook HQ.

10:08 pm: Foreign Secretary S. Jaishankar, NSA Ajit Doval, Indian Ambassador to the U.S. Arun Singh, among others, reach the venue.

9: 45 pm: Prime Minister Narendra Modi arrives at Facebook Headquarters.

9: 15 pm: Protestors outside the venue where PM Modi is scheduled for a Q&A session.

9:10 pm: For Mr. Zuckerberg, India is more than just a big market. It is a test bed where he hopes to enable the development of tools and ideas that can be useful for the entire world. More..

9: 00 pm: Prior to Mr. Modi's visit, Mr. Zuckerberg declared his support for 'Digital India'. "I changed my profile picture to support Digital India, the Indian government's effort to connect rural communities to the internet and give people access to more services online," he posted on his page.

8:30 pm: The crane workbench at Facebook which has stayed here since the beginning. Facebook has retained it as a symbol of its beginnings.

 

A Townhall Q&A at the Facebook headquarters along with its founder Mark Zuckerberg — something, according to Narendra Modi, “you shouldn’t miss” — is billed to be a high-profile event during the Prime Minister’s five-day visit to the U.S. this year.

A day after Mr. Modi met up with leading technology entrepreneurs in the Silicon Valley - from Microsoft, Google, Apple, Tesla, Adobe, Cisco, and Qualcomm among others - he is set to address a Townhall style Q and A session with Facebook CEO Mark Zuckerberg at the latter's headquarters in Menlo Park, California at 9:30 a.m. US Pacific Time. As with the other technology companies in the Silicon Valley, Facebook is looking at India as a leading market – it’s the second largest user base for its social media products - and has launched initiatives with markets such as India in mind. The most prominent initiative is the internet.org rebranded as "Free Basic Services by Facebook".

 

Mr. Modi and Mr. Zuckerberg are, according to a Facebook post by the latter a few days ago, going to dwell upon how "communities can work together to solve social and economic challenges". Mr. Zuckerberg’s post gained more than 7,10,000 likes and 40,000 comments, with questions ranging from FDI in India to the country’s current reservation system.

The townhall is to be held at the sprawling Facebook headquarters, which has issued strict instructions for employees and media personnel to follow a formal dress code, moving away from its vaunted informality on campus.

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