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NEW DELHI : Prime Minister Narendra Modi on Monday gave a glimpse of the primary agenda of the BJP-led National Democratic Alliance (NDA) if it wins a third consecutive term in the upcoming national elections: making India the third-largest economy in the world. world and at the same time accelerate its growth. growth as a developed nation, or ‘Viksit Bharat’.
Replying to a discussion on the motion of thanks for the President’s speech in the Lok Sabha, the Prime Minister said that the work done by the government in its current term gave him confidence that in the third term of the NDA, India will will become the third country in the world. -greater economy, from its current fifth position.
“This is Modi’s assurance,” he told lawmakers, citing the speed of work in the country that gave him confidence that this target would be achieved within the next five-year term if the NDA wins the national elections.
Attacking the previous Congress-led UPA government, Modi said that in the interim budget for 2014, the then finance minister had said that India had become the world’s 11th largest economy and that in the next three decades would become the third largest economy.
“This means that India will become the third largest economy only in 2044. We are confident of achieving this feat in the government’s third term,” Modi said.
The prime minister said the pace of work in the country had reached unprecedented levels.
“Our third term will be full of big decisions… I said from the Red Fort and also reiterated at the time of Ram Mandir Pran Pratishtha that I want to see the country prosperous and at the peak of success for the next thousand years. The third term will be the time to lay a solid foundation for the next 1,000 years,” Modi said.
Confident of winning and returning to power, the prime minister estimated that the NDA would win more than 400 electoral seats, and the BJP would win at least 370 of them.
The prime minister said the first term of the NDA government was dedicated to plugging the loopholes of the previous Congress-led government, while the second term focused on the development agenda. “In our third term, the goal of becoming ‘Viksit Bharat’ will gain new speed,” he said.
Referring to the President’s address to a joint session of Parliament on January 31, the Prime Minister reiterated that the government’s priorities would be based on four key pillars: youth power, women power, farmers and the poor.
In this regard, he said that women are making fruitful contributions in all sectors of the economy and even in rural India 10 million women in self-help groups have become ‘lakhpati didi’. This number will grow to 30 million in the third term, Modi said.
The Prime Minister also highlighted how the government helped farmers by purchasing food grains worth $18 billion and value of legumes and oilseeds $1.25 billion in the last 10 years of the BJP-led government.
Under the Prime Minister’s Kisan Samman scheme, the government has provided $2.8 billion to farmers, and under the Fasal Bima Yojana plan $1.5 billion, he said.
The prime minister also said that the infrastructure budget had increased by $44 billion in the last 10 years, from $between 10 and 12 trillion in the 10 years before 2014, when the first Narendra Modi administration took charge of the Centre.
“We want India to become a hub of manufacturing, innovation and R&D,” Modi said.
The prime minister also called on the opposition to participate in the development of the nation and help it become a developed nation by 2047.
Here is your complete three-minute summary of everything Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!
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Posted: Feb 5, 2024, 10:37 pm IST