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Modi hard-sells India at Davos, says people are backing his reforms

Modi hard-sells India at Davos, says people are backing his reforms

Modi hard-sells India at Davos, says people are backing his reforms
January 23
15:11 2018

Prime Minister Narendra Modi used his one hour at Davos World Economic Forum to hard-sell India.  In a forceful speech that underlined his optimism and confidence, he tried to show case the track record of his government on the economic front. She said his government believes in inclusiveness of everyone in the growth story.

In his speech at Davos, Narenedra Modi said: “This philosophy of inclusion is the basis of every decision taken by my government—be that the opening of bank accounts for the financial inclusion of crores of people, or to take direct benefit transfer via digital technology to the poor and needy.” He also referred to his government of Sab Ka Saath Sabka Vikas (development for everyone and support for everyone)

Modi referred to the recent disruptive initiatives like demonetization and the introduction of the Goods and Services Tax and said: “You are aware of the changes we have undertaken and the improvement in our sovereign ratings. More valuable than these numbers is the fact that the Indian people have welcomed the government’s reforms.”  Pointing out that the World Bank said that Indian economy was among the list of the fastest growing in the coming three years, he said his government has done away with the red tape and rolled out a red carpet instead to the investors. Modi also made a strong push for investment in Government of India’s flagship initiative Make In India.

Modi also used the opportunity at the world forum to highlight the export of terrorism form across the border. He also scoffed at the distinction being made between good and bad terrorists. He said such distinction was artificial.

 

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