 "Modi, Narendra Modi")
“I expect them to leave the government behind and emerge victorious in this,” Modi added | (Photo: PTI)
Indian industry must “compete” with the Centre and emerge victorious on the path to achieving India’s dream of becoming “Viksit Bharat,” Prime Minister Narendra Modi said on Tuesday.
At the post-budget conference organised by the Confederation of Indian Industry in New Delhi, Modi said that investors across the world are keen on coming to India and industry should not let go of this “golden chance.”
“My expectation from the industry is that it should go shoulder to shoulder and compete with the Centre to fulfil India’s dream towards Viksit Bharat,” he said.
“I expect them to leave the government behind and emerge victorious in this,” Modi added.
Modi also said that he believes industry and wealth creators are the “primary driving force” in India’s growth story.
Highlighting that there is “no dearth of political willpower” in the current government, Modi said, “For us, the country and the aspirations of countrymen are the topmost priorities.”
PM Modi added that in a recent meeting, he asked Niti Aayog to come up with an “Investor Friendly Charter” for all states.
“There should be a healthy competition between states to attract investment,” he said.
“I don’t want any state in my country to be left behind.”
He also said that there is a need to bring more clarity in policies for investment.
“Good governance should be felt at every step so that an investor can go to every state,” he added.
On the Budget, Modi said that the Rs 2 trillion package for skilling and employment is expected to benefit 40 million youth.
“We want India’s manpower to be globally competitive and its products and services to be globally competitive,” Modi said.
He highlighted that the size of the Budget has jumped threefold from Rs 16 trillion in 2013-14 to Rs 48 trillion. The capital expenditure has gone up from Rs 90,000 crore in 2004 to Rs 11.11 trillion in 2024.
He also said that in his third term, India would become the third largest economy in the world.
Modi added that the Centre is focusing on micro, small, and medium-sized enterprises (MSMEs) as they “generate crores of jobs.”
First Published: Jul 30 2024 | 1:28 PM IST