INDIA Is Set To Become One Of The World’s Fastest Growth Engines

RUBISHING the oft repeated accusation made  by the opposition that India is going down economically ,Prime Minister Narendra Modi has asserted  that the 135 billion plus nation is set to become the engine of growth for the world economy for the next three decades  following  introduction of GST  and  other structural  reforms. Addressing the nation from the 370 years old ramparts of the Red Fort on the occasion of 72nd Independence Day, he listed out the pace of reforms affected by the NDA government in the last four years that have pulled out the country from being considered a “fragile and risky” economy to being the fastest in the world. During his  80-minute speech, the fifth by him , PM Modi promises housing, power, water for all and said the Government is committed to bringing in a legislation to abolish the practice of  Triple Talaq law despite  some people trying  to stall the move for the benefit of Muslim Women. Rule of law will be supreme. There will be no leniency towards ny person for committing woman atrocities irrespective caste, creed and religion, he added. Referring to Kashmir problem, he said it cannot be solved by bullets or abuses but by embracing the  people NDA government is  committed to all-round development of all sections and regions in Jammu and Kashmir.The state is now under Governor’s Rule, would hold the much-awaited Panchayat elections, he added. An Indian astronaut  will go on a space odyssey by 2022 on board ‘Gaganyaan.When India celebrates 75th year of Independence in 2022, “and if possible even before, an Indian son or daughter” will undertake a manned space mission on board ‘Gaganyaan’ “carrying the national flag”.Chandrayaan-1 was India’s first lunar probe. It was launched by the Indian Space Research Organisation in October 2008 and operated until August 2009.Mangalyaan is another Indian space project. The Mars Orbiter Mission (MOM), also called Mangalyaan, is a space probe orbiting Mars since September 24, 2014. electrifying all villages, providing 5 crore cleaner cooking gas to poor women, doubling the pace of highway construction, record foodgrain production, record mobile phone manufacturing, and building four-time more new houses in villages were some of the achievements of his government, he said. If the work continued at the pace that was prevalent in 2013, it would have taken one or two more decades to electrify all villages, 100 years to provide LPG gas connections to all and generations to take optic fibre to villages. Modi said the government fulfilled the promise to provide 50 per cent more than the cost of production for kharif crops to farmers and is on the way to achieve the target of doubling farm income by 2022. The government’s motto is reform, perform and transform. Red tape has been replaced with ‘red carpet’, propelling India on the ease of doing business ranking, he said. Bottlenecks were a topic of discussions among international institutions and experts prior to 2014 but “today they are saying the sleeping elephant has woken up and has started running”. The comment was an apparent reference to International Monetary Fund’s commentary on India last week in which it said the country is on track to hold its position as one of the world’s fastest-growing economies as reforms started paying off, he said.

Leave a Reply

Your email address will not be published. Required fields are marked *