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Prime Minister Narendra Modi on Monday, 15 January, received the first-ever Philip Kotler Presidential award in New Delhi.
The award focuses on the triple bottom-line of 'people, profit and planet'.
It will be offered annually to the leader of a nation, a statement from the Prime Minister's office said.
"His selfless service towards India, combined with his tireless energy has resulted in extraordinary economic, social and technological advances in the country," it read.
The statement quoted the citation as saying Modi's visionary leadership has also resulted in the digital revolution (Digital India), including the Unique Identification Number, Aadhaar, for social benefits and financial inclusion.
The citation, the statement said, mentions initiatives such as Make in India, Startup India, Digital India and Swachh Bharat, "which have positioned India as one of the most lucrative manufacturing and business destinations in the world".
Owing to his ill health, Jagdish Sheth of EMORY University, Georgia was deputed to confer the award on Modi.
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