PM Modi presents 5-I formula for 'Aatma Nirbhar Bharat', says 'we will definitely get our growth back'
New Delhi | Jagran News Desk: Prime Minister Narendra Modi on Tuesday exuded confidence that India will get back its growth, which has come to a virtual standstill amid the coronavirus pandemic and the consequential lockdown, adding that it has already started with ‘Unlock 1.0’.
Addressing the Annual Session of the Confederation of Indian Industry (CII) to mark its 125 years since its inception in 1895, PM Modi said that the "world is looking for a trusted, reliable partner and India has the potential, strength and ability."
“While it true that coronavirus has slowed down our growth, India has now left the lockdown behind and has entered unlock phase 1. So in a way, we have already started getting our growth back. India took the right steps at the right time. When we compare our country to others, we can realise how the lockdown has helped us,” said PM Modi while addressing the Annual Session of the Confederation of Indian Industry (CII) to mark its 125 years since its inception in 1895.
The prime minister also said that stabilising economy and saving lives from the deadly virus should be handled simultaneously. "Today, on the one hand we've to save lives of our countrymen and on the other hand, we've to stabilize country's economy. In this situation, CII has started the talk of 'Getting Growth Back' and I congratulate all the people of Indian industry for this," he said.
"I would rather go beyond 'Getting Growth Back' and I would say, "Yes, we will definitely get our growth back," the prime minister added.
Stressing on the need for the country to become “aatma nirbhar Bharat”, PM Modi said that “intent, inclusion, investment, infrastructure and innovation” were needed to bring back economic growth. He also said that country now needs to manufacture products which are 'Made in India' but are 'Made for the World'.
He said he gets the confidence from farmers, small businesses and entrepreneurs for getting the economic growth back.
"For us, reforms are not any random or scattered decisions. For us reforms are systemic, planned, integrated, inter-connected and futuristic process," he said.
He further noted that "for us reforms mean courage to take decisions and taking them to logical conclusion."
The PM described the MSME (Micro, Small and Medium Enterprises) sector as the country's economic engine. Their contribution, he said, was 30 per cent. The prime minister termed the current situation as 'rise to the occassion' and asked the industry leaders to come out as 'champions of indigenous inspiration'.
Posted By: Abhinav Gupta