'Change is Clearly Visible': PM Modi Sees India as $10 Trillion Economy with Countless Start-ups

Agencies
February 23, 2019

New Delhi, Feb 23: Prime Minister Narendra Modi Saturday made a strong re-election pitch to corporate India as he drew contrasts between the governance styles of Congress and his party, saying competition for corruption in the previous regime had been replaced by highest growth rate and lowest inflation of post-liberalisation era.

Addressing the Economic Times' Global Business Summit here, Modi elaborated on his vision for making India a USD 10-trillion economy and the world's third largest is one where the country has countless startups and is a global leader in renewable energy sources and electric vehicles.

Back-breaking inflation, increasing current account deficit and higher fiscal deficit threatened macro-economic stability of the country just before the BJP-led NDA came to power in May 2014, he said.

Launching a blistering attack on governance under UPA, he said there was a "competition between ministries, a competition between individuals, a competition on corruption (and) a competition on delays."

"There was competition on who could do maximum corruption, there was competition on could do the fastest corruption, there was competition on who could do most innovation in corruption," he said, adding that there was competition on where more money could be made - in coal allocation or spectrum allocation, in commonwealth games or in defence deals.

"We all saw that and we also know who were the main players involved in this competition," he said.

This under the present regime, all this has been replaced by a competition to attract more investment and to build houses for the poor, he said.

There is a competition to see if all habitations are connected with road first or all homes with gas connection first, as well as a competition to get 100 per cent sanitation first, or 100 per cent electrification first, he asserted, adding that there is a competition between ministries and states on development for achieving targets.

"During 2014-19, the country would register an average growth of 7.4 per cent and the average inflation would be less than 4.5 per cent. Post liberalisation of the Indian economy, this will be the highest rate of average growth and lowest rate of average inflation witnessed during the period of any government," he said.

"It was said that governments cannot be pro-growth and pro-poor at the same time, but people of India are making it possible," Modi added.

"The country was facing total policy paralysis (before 2014). This was preventing the economy from reaching the level which it was worthy of. The global fraternity was worried about the health of this member of the fragile-five club. There was a perception of surrender to existing circumstances," he said.

But after 2014, hesitations have been replaced by hope, obstacles by optimism and issues by initiatives, he said. "Today change is clearly visible."

The Prime Minister said he wants India to become a USD 10-trillion economy and the third largest in the world.

India currently is a USD 2.5 trillion economy and the sixth-largest in the world.

"We want to make an India of countless startups. We want to lead the global drive towards renewable sources of energy. We want to give our people energy security. We want to cut down on import dependence. We want to make India a world leader in electric vehicles and energy storage devices.

"With these goals in mind, let us re-dedicate ourselves to create a New India of our dreams, he said.

Having missed the past three industrial revolutions, India, he said, is an active contributor to the fourth industrial revolution.

"What happened in the past is not in our hands, but what will happen in the future is firmly in our hands," he said recounting the steps taken by his government to improve the economy.

He credited the progress made to the support and partnership of the people of the country, saying the progress made since 2014 has given him confidence that nothing is impossible.

"Namumkin ab mumkin hai (impossible is now possible)," he said.

'Namumkin ab mumkin hai' is BJP's re-election slogan for the 2109 general elections.

"For decades, a narrative was made that certain things are just impossible in India. It was said that making a clean India was impossible, but the people of India are making it possible. It was said that a corruption-free government in India was impossible, but the people of India have made it possible.

"It was said that it is impossible to remove corruption from the process of giving people their dues, but people of India are making it possible. It was said that it is impossible for the poor to leverage the power of technology, but the people of India are making it possible.

"It was said that removing discretion and arbitrariness in policy making was impossible, but people of India are making it possible. It was said that economic reforms in India were impossible, but the people of India are making it possible. It was said that governments cannot be pro-growth and pro-poor at the same time, but people of India are making it possible," he said.

Highlighting his government's industry-friendly policies, he said a business with a turnover of up to Rs 40 lakh does not have to register for gods and services tax (GST), one with a turnover of up to Rs 60 lakh does not have to pay any income tax and a business with a turnover of up to Rs 1.5 crore is eligible for the composition scheme.

Comments

Ismail khalil ahmef
 - 
Saturday, 23 Feb 2019

Definitely all changes visible GST,Demontsn,15 lakh,unemployment,make in pakoda,hatred, lynching,mob attack,writers and journalist death,pulwama.........ooooooh .....no end,only EVM vote BJP.10 trillion biggest Jumla.

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Agencies
May 31,2020

Mumbai, May 31: Shiv Sena leader Sanjay Raut on Sunday alleged that the event held in Ahmedabad to welcome US President Donald Trump in February was responsible for the spread of coronavirus in Gujarat and later in Mumbai and Delhi, which some of his delegates had visited.

Raut also hit out at the Centre saying that the lockdown was implemented without any planning, but now the responsibility of lifting the curbs was left to the states.

The Sena MP said that despite the opposition BJP's attempts to pull down the Maharashtra Vikas Aghadi (MVA) government, there was no threat to it as its survival is the 'majboori' (compulsion) of all the three ruling allies- Sena, NCP and Congress.

"It can't be denied that the spread of coronavirus in Gujarat was because of the massive public gathering held to welcome US President Donald Trump. Some of the delegates, who accompanied Trump, also visited Mumbai, Delhi, which led to the spread of the virus," Raut said in his weekly column in Shiv Sena mouthpiece 'Saamana'.

On February 24, Trump along with Prime Minister Narendra Modi had taken part in a road-show in Ahmedabad, which was attended by thousands of people. After the road- show, the two leaders had addressed a gathering of over one lakh people at Motera cricket stadium, run by Gujarat Cricket Association (GCA).

Gujarat had reported its first coronavirus cases on March 20, when samples of a man from Rajkot and a woman from Surat tested positive for the disease.

Raut said that any move to pull down the Uddhav Thackeray-led MVA government and impose President's rule in the state citing its failure to curb the coronavirus pandemic would be suicidal.

"The state had witnessed how President's rule was imposed and lifted as per will six months ago," he said.

"If the handling of coronavirus cases is the basis of imposing President's rule, then it should be done in at least 17 states, including the BJP-ruled ones. Even the central government has failed to curb the pandemic as it had no planning to fight the virus," he said.

"The lockdown was imposed without any planning and now without any plan, the responsibility of lifting it has been left to the states. This chaos will further worsen the crisis," he said.

The Sena MP said that Congress leader Rahul Gandhi has made an excellent analysis of how the lockdown has failed.

"It is shocking that people can indulge in politics by demanding President's rule in Maharashtra for the rise in the coronavirus cases," he said.

BJP MP Narayan Rane had recently met Maharashtra Governor B S Koshyari and demanded imposition of President's rule in view of the the Shiv Sena-led state government's "failure" in tackling the coronavirus pandemic. However, the BJP had later said that it was not trying to destabilise the government.

Speaking about the stability of the government, Raut said that the survival of the MVA government was the 'majboori' (compulsion) of each of the three alliance partners.

"Even if there are internal conflicts among the ruling partners, there is no threat to the government as the allies know that its survival is the 'majboori' of each one of them," Raut said.

He said that the Devendra Fadnavis-led government, in which the BJP and Shiv Sena shared power, saw internal conflicts between the ruling allies, but it completed its full five-year term.

Slamming Fadnavis, who is now the Leader of Opposition in the Legislative Assembly, for predicting downfall of the MVA government saying it will fall on its own due to its internal bickering.

"If the Fadnavis government, which witnessed deep internal conflicts between BJP and Sena, didn't fall, how can this one collapse? The Fadnavis government survived despite the (Sena) ministers carrying their resignation letters in their pockets," Raut wrote.

Fadnavis, in an online media interaction held earlier recently, said he had no intention to destabilise the MVA government and said it would collapse on its own.

"What Fadnavis means is that all attempts (of the BJP) to create discord among the three allies and break the MLAs has failed. Now the opposition hopes that something would happen among the allies and the government would be fall apart," he said.

Raut said NCP president Sharad Pawar is the prominent leader, who laid the foundation stone of the "Thackeray sarkar", and only he can predict the future of the government.

"He continues to say the government is stable and even the Congress is not going anywhere. MVA legislators are not up for sale in horse-trading. Hence, if the opposition says that the government will fall, it is wrong," he said.

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News Network
February 16,2020

New Delhi, Feb 16: RSS chief Mohan Bhagwat on Saturday said everyone is unhappy in the society and constantly agitating notwithstanding a "many-fold rise" in materialistic comforts and pleasures.

Addressing a gathering of Sangh workers and intellectuals here in Gujarat, Mr Bhagwat also said that even political parties who are not in power are also agitating.

"Inspite of increase in comforts and materialistic pleasures, everyone is unhappy and is staging agitations. Be it owner or servant, a party in opposition, the common man students, teachers, everyone is unhappy and dissatisfied," the Rashtriya Swayamsewak Sangh (RSS) chief said.

He was speaking on the topic "India's Role in the Present World Context".

Mr Bhagwat further said that bigotry, violence and terrorism are on the rise in the present world.

"India has to give 'dharma'  (wisdom) to the world so that knowledge spreads but humans do not become robotic. We have always talked about the concept of global family but not global market," he said.

The lecture was organised by "Madhav Smruti Nyas", an organisation backed by the RSS.

"To think that we are living in a better world is a half truth. Facilities are not evenly distributed. Rule of Jungle is prevailing. A capable person is crushing the weak to climb up. Knowledge is used more for the destruction of the world," the Sangh chief said.

Mr Bhagwat said people are also misusing social media by spreading "false information" to create controversies.

He also stated that trying to put "everyone into one uniform" is also a form of bigotry.

"US and Russia are super powers. China would become a super power too. Now, what super power nations did to others? They just took control of other countries for their own selfish agenda. These super powers gave it back only when they were asked to do so. Otherwise, they never gave anything to others," said Mr Bhagwat.

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News Network
February 4,2020

New Delhi, Feb 4: Miffed over the controversy created by its former Union minister and Uttara Kannada MP Anantkumar Hegde by his remarks against Mahatma Gandhi, the BJP, it was learnt, has issued a show-cause notice to him. The ruling party came under heavy criticism from the opposition over its MP’s remarks. The opposition has demanded a clarification from Prime Minister Narendra Modi over his party MP’s remarks.

Often in news for his controversial remarks, Hegde, sources said, could also be barred from attending the first parliamentary party meeting of the BJP of the budget session, scheduled on Tuesday. The party had taken a similar approach against its Bhopal MP Pragya Thakur during the last winter session for praising Mahatma Gandhi’s killer Nathuram Godse. Though the BJP leadership was earlier of the view that Hegde should tender an apology over his remarks but the party top brass, it was learnt, decided that it was not enough.

The Congress on Monday launched a scathing attack on the central government over the comments of BJP Lok Sabha MP Ananthkumar Hegde on Mahatma Gandhi. The party demanded that Prime Minister Narendra Modi come to Parliament and clarify his position on BJP leader’s “objectionable” remarks.

Congress party spokesman Anand Sharma said, “we can understand that why one after the other senior BJP leaders are insulting the memory of Mahatma Gandhi. They are disparaging the national movement, the freedom struggle because they are ideological descendents of those who were not only non-participants, but, actively opposed the freedom movement.” He further added, “Parliament is in session. We demand that the Prime Minister come to the House and make his position clear. As I have said, feeds that he is unhappy and angry, we are not concerned with that. In the very ideology, mindset, thinking and language of the BJP, there is violence.”

Asserting that the BJP MP’s statement was condemnable, Rajasthan Chief Minister Ashok Gehlot said the leaders of the saffron party could afford to call the freedom movement a drama as they never fought for the country’s independence. “Such statements reveal their true mindset that they use Gandhi's name just for show and have no regard for him,” he said.

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