Things are happening fast under the leadership of the Prime Minister, Shri Narendra Modi – India is having its best phase of macro-economic stability, becoming the sixth largest economy in the world from being the 11th in the World in 2013-14.
Presenting the Interim Budget for the year 2019-20 in Parliament this week, the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal said “India is the fastest growing major economy in the world” with an average GDP growth of 7.3% per annum, the highest ever achieved by any Government since economic reforms began in 1991.
Shri Goyal said under the leadership of Prime Minister, Shri Narendra Modi, a clean, decisive and stable Government reversed the policy paralysis, laid the foundation for sustainable growth and restored the image of the country.
New India by 2022
Shri Goyal said that a New India would celebrate its 75th Independence year in 2022 when every family would have a house with access to water, electricity and toilets; farmers income would have doubled; and the country would be free from terrorism, communalism, corruption and nepotism.
This is clearly an ambitious government, and the track record so far proves that Modi does get things done.