Monday February 26, 2018
Home India PM Modi is Op...

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.

0
//
39
Modi
Prime Minister Narendra Modi. Wikimedia
Republish
Reprint

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

Click here for reuse options!
Copyright 2017 NewsGram

Next Story

Saw AAP MLAs Assaulting Chief Secretary, CM’s Advisor Tells Police

The AAP defended by stating that Jain had initially told police that he did not witness any assault and police has threatened Jain to change his statement

0
//
14
aap mlas
The AAP had denied the charges of assault and said that the Chief Secretary was making allegations at the behest of the BJP. Wikimedia Commons

Delhi Chief Minister Arvind Kejriwal’s adviser V. K. Jain on Thursday told police that he saw AAP MLAs Amanatullah Khan and Prakash Jarwal “physically assaulting” Chief Secretary Anshu Prakash, according to Jain’s statement recorded by the Delhi Police.

The AAP defended by stating that Jain had initially told police that he did not witness any assault and police has threatened Jain to change his statement.

On Tuesday, the Chief Secretary had alleged that he was beaten up by the two AAP MLAs in the presence of Kejriwal at the Chief Minister’s residence on Monday night, where he had been called for an emergency meeting.

ALSO READ: The assault on Chief Secretary exposes the double standards of AAP government

Police later arrested Khan and Jarwal and they were sent to judicial custody till Thursday.

According to the Chief Secretary, the Chief Minister’s adviser had called him over the phone and asked him to come to the Chief Minister’s residence for the meeting and Jain was also present there.

aap mlas
According to the statement, Jain also saw that the Chief Secretary’s spectacles had fallen to the ground and the Chief Secretary picked them up and left the room. Wikimedia Commons

On Thursday, the Delhi Police submitted Jain’s statement at a city court, which said that Jain had gone to the washroom during the meeting and as he came out he saw the two AAP MLAs “physically assaulting” the Chief Secretary.

The statement was recorded under Section 161 of the CrPC, which means that it was recorded in front of the police and not a magistrate.

Sources told IANS that Jain later recorded his statement in front of a magistrate under section 164 of the CrPC.

“The statement under section 164 was later recorded with the magistrate in front a camera, without the presence of police. In that statement also he (Jain) has said that he saw the two MLAs physically assaulting the Chief Secretary,” a police officer privy to the case told IANS.

The officer said that the statement under section 164 has also been submitted to the court.

Jain was first questioned on Wednesday morning and then again on Thursday and his statement was recorded on Thursday.

The change in Jain’s statement that the AAP was referring to was from a “question and answer” with Jain recorded by police after questioning him on Wednesday.

According to a copy of Wednesday’s “question and answer” recorded by police, when asked whether Jain saw the Chief Secretary being manhandled, he replied that he had gone to the washroom in between the meeting and he could not say what happened during that time.

“By putting pressure on him (Jain) throughout the day (Thursday) and by threatening him, police has forced him to change his statement,” AAP MP Sanjay Singh told the media here on Thursday.

aap mlas
Singh said that the whole issue was a conspiracy to “bring down the Delhi government” and to “defame the AAP”. Wikimedia Commons

 

“How is it that the same Jain who emphatically said yesterday that he witnessed no assault during the entire time that he was present there has now claimed otherwise?” he asked.

Singh said that AAP MLAs were being arrested over an alleged assault of which there was no proof.

“But on the other hand, despite there being video footage of officials assaulting Delhi Cabinet Minister Imran Hussain, there is no action taken against the guilty by the Delhi Police,” the AAP MP said.

The court on Thursday sent the two AAP MLAs, arrested on charges of assaulting the Chief Secretary, to judicial custody for 14 days.

ALSO READ: Delhi Chief Secretary row: AAP MLA arrested

Orders on the bail pleas of the two AAP MLAs and also on their police custody will be pronounced on Friday.

Meanwhile, scores of Delhi government employees across the city observed a five-minute silence outside their respective offices as a protest against the alleged assault on the Chief Secretary.

The IAS Association said that officers would continue the protest every day, till steps are taken to “ensure safety and dignity” of government staff in the city.

The AAP also hit out at Lt Governor Anil Baijal by stating that he was “working as a BJP agent” and demanded action against those involved in “manhandling and beating up” Hussain and his aide at the Delhi Secretariat on Tuesday. (IANS)