"The world is passing through a difficult phase. Many countries are facing global economic crisis and there is a greater protectionism and job losses. Our economical fundamentals are strong," said Singh.
Around 1,500 non-Indian residents (NRIs) from 65 countries are attending the three-day annual conference that aims at attracting overseas Indians to play a larger role in shaping the nation.
The Prime Minister asked the Indians residing abroad to participate in the electoral process in the country.
"The Government is encouraging, for the first time, people living abroad to take part in elections in the country," said Singh.
He also expressed concern about the recent hate crimes against Indians residing abroad. "We are concerned about safety and security of Indians living abroad, particularly of the unstable regions in the world," he said.
Addressing the conference, the theme of which is 'Global Indian-Inclusive Growth', the Prime Minister said, "The Government recognises the important role being played by Indian communities living abroad."
He also made special mention of Trinidad & Tobago's Prime Minister Kamla Persad-Bissessar, who is leading a delegation to India during her state visit.
"This year we are privileged to welcome one of the most distinguished Pravasi Bharatiyas as our Chief Guest.
He also expressed concern about the recent hate crimes against Indians residing abroad. "We are concerned about safety and security of Indians living abroad, particularly of the unstable regions in the world," he said.
Addressing the conference, the theme of which is 'Global Indian-Inclusive Growth', the Prime Minister said, "The Government recognises the important role being played by Indian communities living abroad."
He also made special mention of Trinidad & Tobago's Prime Minister Kamla Persad-Bissessar, who is leading a delegation to India during her state visit.
"This year we are privileged to welcome one of the most distinguished Pravasi Bharatiyas as our Chief Guest.
"Madam Kamla Persad-Bissessar created history by becoming the first woman Prime Minister of Trinidad and Tobago. She distinguished herself in her earlier careers in education and law.
"Subsequently, she responded to the call of public service and proved what a person of talent, dedication and commitment can achieve anywhere in this world.
"In welcoming Prime Minister Madam Kamla Persad Bissessar today we also seek to honour the large Indian diaspora in the Caribbean. We are proud of their achievements.
"In welcoming Prime Minister Madam Kamla Persad Bissessar today we also seek to honour the large Indian diaspora in the Caribbean. We are proud of their achievements.
"Their journey, often in very difficult circumstances, to those far-away lands began many, many years ago, but their links with India remain strong and deep.
"Our shared passion for cricket is well known. Which Indian sports fan does not know the names of cricketing legends like Brian Lara or Sonny Ramadhin?" Singh declared.
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