Prime Minister Narendra Modi on Thursday asserted that the fundamentals of the economy are strong and accused the Opposition of spreading ‘pessimism’ about the economy and “rumours and canards” about the contentious Citizenship (Amendment) Act (CAA)/National Population Register (NPR) exercise. He said there was no cause for despondence over the economy and its inherent capacity for growth with the Government’s fresh thrust on infrastructure, MSMEs, boost in domestic manufacturing through Make in India and rural sector.
Replying to the motion of thanks to the President’s address in both the Houses, the PM said the aspirational target of doubling the size of the economy to $5-trillion is achievable.
Thinking big
“Pessimism and gloom do not help us. We talk about a $5-trillion economy. Yes, the aim is ambitious, but we have to think big and think ahead,” he said.
Esta historia es de la edición February 07, 2020 de The Hindu Business Line.
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