Insta
Committed To $5 Trillion Economy In 5 Years, Will Invest Rs 100 Lakh Crore To Achieve It: PM Modi In I-Day Speech
Swarajya Staff
Aug 15, 2019, 01:35 PM | Updated 01:35 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Prime Minister (PM) Narendra Modi reaffirmed the $5 trillion economy target in five years and said that the government will invest Rs 100 lakh crore in modernising the nation’s infrastructure to achieve it.
“To some the target of nearly doubling the size of Indian economy to $5 trillion in five years may seem difficult. But when we have in five years (of the BJP rule) added USD 1 trillion as compared to USD 2 trillion size achieved in 70 years of independence, then this target is achievable,” the PM said.
Speaking on the reforms undertaken to streamline the economy, he added that the government will invest Rs 100 lakh crore to modernise ports, highways, railways, airports, hospitals and educational institutions across the country.
PM Modi also laid out the target to break into the top 50 nations in the Ease of Doing Business (EoDB) which currently places India at the 77th position. India was ranked 142 of 190 nations in 2014 when the Modi government assumed office.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.