New Delhi, June 2: Indian Prime Minister Narendra Modi on Tuesday expressed confidence that India would revert to the high economic growth path if industrialists took advantage of the Rs 20-lakh crore fiscal support package and the opening up of several strategic sectors.
According to the Indian Media, Asking the industry to rise to the occasion, the Prime Minister recounted all the elements of the Covid stimulus package to make the point that the Government had laid out a clear path for it to grow. “All possibilities are open. All opportunities are waiting for you,” he said while laying out the Government’s economic roadmap at the Annual Session of the Confederation of Indian Industry (CII).
For the first time ever, the private sector has been allowed to enter strategic sectors, such as space and atomic energy, to ensure that India does not have to seek external help in critical areas. “It is about creating strong enterprises in India that can become global forces. It is about generating employment and the empowering of people to come out and create solutions that can define the future of the country,” he observed.
“Yes, we will get our growth back. India will get its growth back,’’ the PM declared. “The epidemic may have reduced the speed of economic growth but India is able to leave the lockdown behind and enter Unlock 1.0 as it has taken the right approach in combating Covid,: he said.