Prime Minister Narendra Modi said on Friday India is seen as one of the fastest growing economies in the world and the states must work hand in hand with the Centre to keep the pace going.
“All this when the world economy is slowing down… Going by statistics, we can say that India is moving at a steady pace towards a shining future,” PM Modi said at the Hindustan Time Leadership Summit in New Delhi. He delivered the inaugural address on the theme “Towards a Brighter India”.
The Prime Minister said that a stable government is necessary for economic growth and people have done a great job by giving the NDA a clear mandate. “There was an atmosphere of disappointment earlier. The mandate we got from people was the first step towards changing it.”
He stressed that states have the most important role in India’s progress and for that the Centre as well as states must work together in improving the ease of doing business in India.
“Till now Delhi decided where states will spend money. This has changed and now chief ministers decide where the money will be spent. It is important that the world knows about our states and the strengths of our states,” he said.
“We want to foster contacts between leaders of other countries and our states.”
He pointed out those states which were not expected to do well in ‘Ease of Doing Business’ rankings like Odisha, Jharkhand and Chhattisgarh have proven themselves. Each state has a different USP and there is a need to work together so that the world gets to know India beyond the metropolitan cities, he said.
Allaying fears over logjam in Parliament, Modi said: “Parliament is working now. This is a good news. The credit does not go to PM Modi but to all the parties.”
Modi, who led his Bharatiya Janata Party to a massive victory in the 2014 general elections, has helmed the NDA government’s drive towards taking India forward through his initiatives and schemes like Jan Dhan Yojana, Make in India, Swachh Bharat, and Digital India and stressing on ease of doing business.
Stronger growth figures have also given PM Modi a boost who is focusing on reforms to accelerate growth and hopes to convince his opponents to bring about a much-delayed national sales tax in 2016.
Asia’s third-largest economy expanded by a 7.4% annual rate in the second quarter of the financial year, compared with 7% in April-June, outpacing China on improving domestic demand and manufacturing activity. China reported annual growth of 6.9% for the three months ended September 30.
Modi has also made sure that the foreign policy India follows is in tandem with its aspiration of growing into a global power.
During the two days of the Hindustan Time Leadership Summit, global leaders will come together to talk how India can become the world’s bright spot. Politicians and political thinkers, cricketers and actors, doctors and an expert on spiritualism will put their minds together in bringing out the best that India can do.
On Day 1, besides PM Modi, minister of finance Arun Jaitley, Uttar Pradesh chief minister Akhilesh Yadav, minister for human resource development Smriti Irani, members of Parliament Jyotiraditya Scindia, Sitaram Yechury, Jay Panda and Supriya Sule will represent the political side of the spectrum.
Soli Özel, Cole Bunzel, Joas Wagemakers, Robert Blackwill, Daniel Kurtz-Phelan, Diane Farrell are the other speakers. Bollywood actors Kangana Ranaut and Kareena Kapoor and filmmaker Imtiaz Ali will also take part in the discussions.