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India has dispelled the myth that democracy & rapid economic growth cannot go together: PM Modi

Published By : Admin | March 12, 2016 | 09:26 IST
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Prime Minister Narendra Modi today attended the ‘Advancing Asia: Investing for the future’ event in New Delhi. The event was organized by the International Monetary Fund. Speaking at the event the PM said that the 21st century belonged to Asia.

Shri Modi spoke at length as how India dispelled the myth that democracy and rapid economic growth could not go together. Adding further the PM stated that India had shown that a large, diverse country could be managed in a way that could promote economic growth and maintain social stability.

Prime Minister Modi highlighted several initiatives of the Government that were boosting entrepreneurship and strengthening the country. The PM also mentioned about increased investment in the agriculture sector and Government’s aim to double farmers’ income. He also noted that corruption and interference in the decisions of banks and regulators have been reduced in the country.

The Prime Minister also expressed his part of content on IMF’s decision to finalize the next round of quota changes by October 2017.  

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Prime Minister condoles passing away of former Prime Minister Dr. Manmohan Singh
December 26, 2024
India mourns the loss of one of its most distinguished leaders, Dr. Manmohan Singh Ji: PM
He served in various government positions as well, including as Finance Minister, leaving a strong imprint on our economic policy over the years: PM
As our Prime Minister, he made extensive efforts to improve people’s lives: PM

The Prime Minister, Shri Narendra Modi has condoled the passing away of former Prime Minister, Dr. Manmohan Singh. "India mourns the loss of one of its most distinguished leaders, Dr. Manmohan Singh Ji," Shri Modi stated. Prime Minister, Shri Narendra Modi remarked that Dr. Manmohan Singh rose from humble origins to become a respected economist. As our Prime Minister, Dr. Manmohan Singh made extensive efforts to improve people’s lives.

The Prime Minister posted on X:

India mourns the loss of one of its most distinguished leaders, Dr. Manmohan Singh Ji. Rising from humble origins, he rose to become a respected economist. He served in various government positions as well, including as Finance Minister, leaving a strong imprint on our economic policy over the years. His interventions in Parliament were also insightful. As our Prime Minister, he made extensive efforts to improve people’s lives.

“Dr. Manmohan Singh Ji and I interacted regularly when he was PM and I was the CM of Gujarat. We would have extensive deliberations on various subjects relating to governance. His wisdom and humility were always visible.

In this hour of grief, my thoughts are with the family of Dr. Manmohan Singh Ji, his friends and countless admirers. Om Shanti."