National NewsIndia has political stability; world sees it as bright spot ...

India has political stability; world sees it as bright spot of growth, hope: PM Modi

NEW DELHI, AUG 21 (PTI): Prime Minister Narendra Modi asserted on Friday that reforms in all spheres are his government’s commitment and that India continues to take several steps to ensure continued growth momentum.
Addressing the Economic Times World Leaders Forum, Modi also said India has political stability and continuity in its policies, and the world sees the country as a bright spot of growth and hope. The prime minister said the world has many concerns regarding growth as resources are getting weaponised, but India is being seen as a bright spot of growth.
He said NDA government has a clear roadmap for reforms, with a strong focus on governance.
“Our government is rewarding higher production with incentives,” he said.
PM alleged that it was the policy of previous regimes to keep people in scarcity, so that they beg before the government for even basic needs.
He said the licence raj of the previous governments used to add to the burden of unemployment, whereas his government’s production-linked incentive model is creating opportunities.
Modi said his government is bringing next-generation reforms at the policy level and implementing reforms at the governance level and for ease of living.

EDITOR PICKS

Rights and Responsibilities

What happened in Shillong on August 19 was something uglier than dissent when a black flag motorcycle rally called by the Khasi Students’ Union collapsed into violence that left 16 people injured, 31 vehicles damaged and two of them reduced to burnt...