Insta
Committed To $5 Trillion Economy In 5 Years, Will Invest Rs 100 Lakh Crore To Achieve It: PM Modi In I-Day Speech
PM Modi at Raj Ghat before the speech. (via Twitter)
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.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest
