Prime Minister Narendra Modi while addressing the inaugural session of CII annual conference exuded confidence that India will get its growth back and that the government is focused on long-term growth.
Prime Minister Narendra Modi. (Photo: PTI)
Prime Minister Narendra Modi on Tuesday said India will get its growth back and has already started the process of boosting the economy with eased guidelines under the ‘Unlock 1’ strategy.
His comments came while addressing the inaugural session of the CII’s annual session 2020 to mark 125 years of its inception. “I would rather go beyond getting growth back. We will definitely get our growth back”: Prime Minister Narendra Modi said.
Commenting on the impact of the coronavirus in India, he said the government has two key responsibilities — to save lives of citizens and to stabilise the country’s economy.
— Narendra Modi (@narendramodi) June 2, 2020
“Restrengthening economy against corona is one of our highest priorities. For this, the government has taken immediate decisions. We have also taken decisions which will help the country in the long run,” PM Modi said.
He assured that the industry will get full support from the government to emerge out of the economic distress caused by the coronavirus and prolonged lockdown. PM Modi went on to add that the government is focused on long-term growth plans and to make India self-reliant or ‘aatma nirbhar’.
“Intent, Inclusion, Investment, Infrastructure and Innovation— these five things are important to speed up India’s development and make it ‘atma nirbhar’. You will get a glimpse of these in the bold decisions recently taken by us,” said PM Narendra Modi.
He told the industry leaders that India must shift its focus on strengthening local supply chains and indigenous manufacturing units. The prime minister urged them to uplift the domestic industry in India through future operations as India aims to become self-reliant.
PM Modi said the government will further engage in discussions with industry leaders to create more jobs under schemes like ‘Make in India’.
“I request you to come up with a detailed study for each sector. We will together take up more structural reforms that will change the course of our country. We will together make India aatma nirbhar, the government is with you,” PM Modi told members of the CII.