PM Modi Stands By Corporate India: Believes In Their Contribution To Society, Shuns Unwarranted Criticism  PM Modi with the President of World Economic Forum. (Qamar Sibtain/India Today Group/Getty Images)

Protecting corporate India from unjustified criticism, the Prime Minister on Wednesday (24 October) said that he does not believe in the culture of criticising the industry and the corporate sector, as reported by the Press Trust of India (PTI). He also emphasised the role of citizens as contributors to social transformation and how they should not identify themselves as merely tax-paying individuals.

"In our country, the general image is to abuse businessmen, industrialists. I don't know why it is so but it has become a fashion. This is not a line of thought I agree with," PM Modi said in a town hall meeting with professionals from IT sectors. “We have seen today, in this Townhall programme, how leading IT corporates are doing excellent social work, urging their employees to contribute to the society," he added.

This recent statement reaffirms the continued support of the PM to companies in India. In July, he stated that he was not afraid of being seen with big industrialists since his interests were honest.

“Those who blame me of befriending industrialists are the same who also meet these people but behind closed doors. Mr Amar Singh is here and he knows very well who meets whom behind closed doors. Agar neeyat saaf ho to kisi ke saath khade ho, daag nahin lagta (If you are honest, your image would not be tainted by anyone’s company),” he said.

Due to the efforts of the Modi government, India moved up 30 places in the World Bank’s Ease of Doing Business Rankings. Also, Swarajya reported on 24 October that the number of crorepati taxpayers has increased by 60% in the last three years under the NDA regime.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber