PM Modi stresses on finance management, says ‘want to secure future of coming generation before leaving’ – India TV

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PM Modi stresses on finance management, says ‘want to secure future of coming generation before leaving’ – India TV


Image Source : PTI Prime Minister Narendra Modi.

Prime Minister Narendra Modi on Friday emphasised his dedication to securing a affluent future for the upcoming generation before concluding his tenure. Speaking on the significance of accountable governance, he expressed his aversion to political manoeuvres aimed solely at garnering a couple of additional votes, emphasizing as an alternative the importance of prudent monetary administration in decision-making processes.

Addressing the Times Global Business Summit in New Delhi, the Prime Minister voiced considerations over sure political events’ approaches in direction of electrical energy, cautioning that their insurance policies may doubtlessly jeopardize the nation’s electrical energy system. He additionally underscored his divergent strategy, advocating for a method that prioritises sustainability and long-term stability within the vitality sector.

What PM stated on financial progress? 

Furthermore, Prime Minister Modi burdened the need of fostering an setting conducive to financial progress whereas making certain the prudent allocation of sources. He reiterated his administration’s unwavering dedication to steering the nation in direction of a path of prosperity and sustainability, grounded in sound fiscal insurance policies and forward-thinking governance.

Chose ‘rashtraneeti’ over ‘rajneeti’: PM

Speaking additional, PM Modi stated his authorities may have introduced a ‘White Paper’ on the financial system in 2014 itself when it got here to energy however he selected ‘rashtraneeti’ over ‘rajneeti’ as he didn’t need to shake the nation’s confidence. He stated that bringing the White Paper in 2014 would have suited him politically. “Rajniti’ tells me to do that but ‘Rashtraneeti’ does not allow me to do that and, therefore, I chose ‘rashtraneeti’ over ‘rajneeti’. And when the situation has become strong in 10 years and we can sustain any assault, then I thought I should tell the truth to the people and that is why I released the White Paper in Parliament,” he stated. “When you look at it, you will know where we were and from what situation we have risen and reached here. Now you are seeing the new height of development,” the PM added. 

On Thursday, February 8, Union Finance Minister Nirmala Sitharaman introduced a ‘White Paper’ in Parliament, tearing into Congress-led UPA rule. She additionally stated that it had turned the Indian financial system right into a non-performing one via indiscriminate income expenditure, off funds borrowings and pile of dangerous money owed at banks.

PM stresses India’s successes on world stage

Prime Minister Narendra Modi additionally highlighted a pivotal juncture in India’s developmental trajectory, noting that the present circumstances are extremely beneficial for progress. He emphasised the newfound optimistic sentiment surrounding India’s capabilities and successes on the worldwide stage, a sentiment that was not current up to now.

Reaffirming India’s standing as a welfare state, the Prime Minister underscored the federal government’s unwavering dedication to enhancing the well-being of its residents. He burdened that the administration’s high precedence stays making certain that the day-to-day lives of peculiar people are made simpler and that there’s a tangible enchancment of their total high quality of life.

(With inputs from companies) 

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