PM Modi addresses the nation on economic growth

indian economy

On Tuesday, Prime Minister Narendra Modi spoke at the annual meeting of the Confederation of Indian Industry (CII) on the vision of “getting growth back.”

The Prime Minister delivered his inaugural address at the annual session of the CII to mark the 125th anniversary of its inception in 1895. In addition, PM Modi congratulated the institution for improving its operations in time.

The statement came as businesses are resuming their activities after relaxation and a gradual easing of the national shutdown, implemented on 25 March, to avoid coronavirus infections spreading.

Here are some of the key things share by PM Narendra Modi.

  • We’ve to take tough steps to fight coronavirus and take steps to take care of the economy
  • Yes, we will definitely get our growth back, PM Modi said and expressed his belief that the industry leaders will help in getting the economic growth back on track.
  • Intent, inclusion, investment, infrastructure and innovation needed to bring economic growth back
  • For private enterprises, we’ve been always encouraging to build a better ecosystem
  • Reforms are not random or scattered decisions, they are systemic, planned, integrated, inter-connected and futuristic process
  • In around Rs 200 crore of purchases done by the government, global tenders have been removed to boost small-scale industries
  • The world is looking for a trusted, reliable partner and the Indian industry should make the most of it
  • PM Modi also pitched for ‘Made in India’ and ‘Made for the world’ products to reduce the country’s import bill
  • The current situation was called by PM Modi ‘rise to the occasion’ and asked the industry leaders to appear as ‘champions of indigenous inspiration.’

Previously on Saturday, the Home Ministry announced that ‘Unlock-1’ would take effect from June 8, with the opening of shopping malls, restaurants, and religious places. However, strict restrictions will remain in place until 30 June in the containment zones.

Related Posts