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PM Modi is Optimistic about NDA’s Reforms to Boost Up Indian Economy

Lashing out at the critics, the Prime Minister elucidated about his government’s firm determination to boost up India’s economy. Admitting the economic plummet witnessed during the span of April-June, Modi declared that his government was devoted to back-pedal the mishaps due to the structural reforms of the economy. Let us look at what PM Modi said in his speech.

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Prime Minister Narendra Modi. Wikimedia

After facing severe criticisms over economic deceleration for a very long time, Modi finally broke his silence while addressing the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India (ICSI) in Delhi. Lashing out at the critics, the Prime Minister elucidated about his government’s firm determination to boost up Indian Economy.

Prime Minister Narendra Modi’s demonetization policy brought down the country’s GDP growth rate to a mere 6.1%. The implementation of the Goods and Services Tax (GST) added to the plight of already sick Indian economy.

Admitting the economic plummet witnessed during the span of April-June, Modi declared that his government was devoted to back-pedal the mishaps due to the structural reforms of the Indian economy. Let us look at what PM Modi said in his speech.

On Economic Reforms

PM Modi was very straightforward to acknowledge the economic slump caused. He assured that the BJP government was capable of reversing the trend and would take important decisions in that direction. Further, the Prime Minister informed that a cleanliness campaign has been started to remove the people who try to undermine the nation’s unity and integrity. Under this cleanliness campaign, a Special Investigation Team (STI) has started working ever since the Modi government came to power.

On Critics

Welcoming the constructive criticisms, Modi declared that his government is sensitive enough to accept the prevailing denigrations in the Indian economy and are rectifying their mistakes. The Prime Minister opined that people have the right to criticize the wrong, but one should restrain from fabricating an environment of panic in the country. Further, he added that his government has started working towards the “development of new India, new culture, new celebration, and new traditions.” Some people do not welcome the reforms even though they are good for the nation simply because they are anti-BJP. “People who sleep well only after spreading pessimism about government’s economic reforms need to be combated”, emphasized Modi.

Past Economic Deceleration

After achieving a whopping growth of 7.5% over the last three years, Modi acknowledged that the growth rates dropped sharply in April-June but the BJP government would not sit back until putting Indian economy on firm footing. While addressing the gathering, the Prime Minister recalled a time when Indian economy growth rate was as low as 0.2% under the previous government thereby emphasizing the fact that India can recover from the economic sluggishness.

Mainstreaming Informal Sector

Encouraging the movement from the informal sector to mainstream economy, PM Modi assured, “People coming to mainstream fear that their old records may be reopened. We will not let that happen because earlier their old way of business was necessitated by prevailing circumstances. Nothing is more sinful than blocking those who want to come to the mainstream. Let bygones be bygones.”

On Doklam

Many people opined that the BJP Government would not be able to handle the Doklam crisis. Describing the censurers as hypocrites, Modi elucidated that “when the economic growth is favorable, it is the same people who like the institutes and process; but the moment situation becomes unfavorable to them, they say that the system is not right, the process is not right, people working in it are not right and just accuse people.” The Prime Minister also held the view that before drawing any conclusion, it is imperative to identify these people at once.

On Transport System

Modi made a comparative study of the BJP government with the previous ones. He argued that in its last three years, the UPA government constructed National Highways spanning an area of 15,000km while the period under his government has witnessed the construction of more than 34,000km National Highways. As far as the construction sector is concerned, Modi claimed that the total number of foreign investment has increased by 75% from 2014-2017. The foreign direct investment in the air transport sector has also registered a growth by 69% in the past three years. Likewise, in the mining sector, there has been an increase by 56%.
The Prime Minister also told that the BJP government is trying to increase the speed of development while creating a large number of job opportunities. He added that the government knows the value of the hard-earned money and thus their policies are aimed at improving the lives of poor and middle class. Moreover, most of the government schemes are launched to empower the poor. What affects them the most is corruption and black money estimated Modi.

– Prepared by Mohima Haque of Newsgram
Twitter: mohimahaque26

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Yogi Plans Grand Memorial for BJP Ideologues along the Banks of Gomti River in Lucknow

The Sthal will have statues of Sardar Patel and Bharatiya Janata Party (BJP) ideologues, including Shyama Prasad Mukhrejee, Deen Dayal Upadhayay

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Yogi, Memorial, BJP
The Sthal will have statues of Sardar Patel and Bharatiya Janata Party (BJP) ideologues, including Shyama Prasad Mukhrejee, Deen Dayal Upadhayay and former prime minister. Pixabay

The Yogi Adityanath government will build a “Rashtriya Prerna Sthal” along the banks of the Gomti River in Lucknow, dedicated to the memory of ‘nationalist’ leaders.

The Rashtriya Prerna Sthal will be developed on 82 acres of land on Hardoi road in Vasantkunj area. It will also have a city forest park.

The Sthal will have statues of Sardar Patel and Bharatiya Janata Party (BJP) ideologues, including Shyama Prasad Mukhrejee, Deen Dayal Upadhayay and former prime minister, late Atal Bihari Vajpayee.

According to the government spokesman, the Sthal will also have a Jan Sabha Kendra that will accommodate over one lakh people.

Yogi, Memorial, BJP
The Rashtriya Prerna Sthal will be developed on 82 acres of land on Hardoi road in Vasantkunj area. Pixabay

The Lucknow Development Authority (LDA) has been directed to prepare the blueprint for the project.

A herbal garden, a multi-activity centre and a cycle track will also be a part of the project. Sources said that a butterfly and a fruit garden, food court, craft bazaar, cafe, lotus and duck lake, Yoga zone, kids play area and an open theatre are also proposed in the Sthal.

An initial instalment of Rs 50 crore has been given to start the project, though the entire cost of the project is yet to be worked out.

This is the first time that the BJP government is building a project dedicated to its ideologues.

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The Bahujan Samajwadi Party (BSP) government had built several memorials dedicated to its ideologues includes Ambedkar and late Kanshi Ram. These include the Kanshi Ram Eco Garden, Ambedkar Park and Samajik Parivartan Sthal.

The Samajwadi Party, during their tenure, came up with the Lohia Park, Lohia Path, Janeshwar Misra Park and the Jai Prakash Narain International Centre in Lucknow.

“This will be a one-of-its-kind project that will have something for everyone. It will emerge as one of the biggest tourist attractions in the state,” said a minister who is involved in the project. (IANS)