The Prime Minister Dr. Manmohan Singh has said Indian economy is expected to grow by 7 per cent this financial year despite the adverse impact of global economic slowdown. Inaugurating the 10th Pravasi Bhartiya Divas in Jaipur today, Dr. Singh said, steps taken to control inflation are producing results and there has been some improvement.Dr. Singh said Government has attempted sincerely to address the rising expectations of people with regard to governance and delivery of public services.The Prime Minister called upon the overseas Indians to contribute in the building of modern India. He said that world witnessed a steady growth in number and level of prosperity of overseas Indians. Dr. Singh announced introduction of a pension and life insurance fund for overseas Indian workers.The Prime Minister said, a law has been enacted to enable NRIs to vote in election. The government has also issued notification for registration of overseas electoral which will enable them to participate in election process. Referring to West Asia situation, Dr. Singh said, we need to be alert to the unfolding developments in that region. He said, government is conscious of the safety and security of Indians in Gulf and West Asia and an action plan is being prepared for this purpose.Addressing the conference, Chief Guest and Prime Minister of Trinidad and Tobago Kamla Prasad Bissessar said that India is a fast growing economy and Indian diaspora across the world is playing a major role in changing world's scenario. Referring to the strong cultural relationship between India and her country she said, trade and investment are the sectors where mutual cooperation can be increased.Rajasthan Chief Minister Ashok Gehlot announced a special programme at the at the formal inauguration ceremony of the Pravasi Bhartiya Diwas under which the state government will fund 90 per cent of the travel expenses of younger generation of Persons of Indian Origin and NRIs to the desert state once a year. He said, the government will also bear the cost of local transport and accommodation of 18-20 years age group under the "Know your Rajasthan programme.The Minister of Overseas Indian Affairs Vayalar Ravi also addressed the formal inauguration of 10th Pravasi Bhartiya Divas.