News Karnataka
Monday, April 29 2024
India

India set to claim World’s third largest economy, states PM Modi

India set to claim world's third largest economy, states PM Modi
Photo Credit : IANS

Meta Description: PM Narendra Modi confidently foresees India’s ascent to becoming the globe’s third-largest economy during his prospective third tenure. This assertion comes amid his push for development and the imminent completion of his government’s decade-long reign.

In an impressive declaration on Wednesday, Prime Minister Narendra Modi indicated India’s pending ascent in the global economic sphere. With certainty and assurance, he projected that, during his third tenure, India will elevate its standing to become the world’s third-largest economy. This bold pronouncement came as he addressed the gathering at the inaugural event of the newly christened Bharat Mandapam, formerly known as the International Exhibition-cum-Convention Centre (IECC) complex.

A Decade of Governance: Modi Government’s Tenure
With the Modi government on the verge of completing a decade in power next May, the prime minister is seeking a third term, with his main electoral selling point being development. In a veiled jab at the Opposition, Modi commented on their propensity to criticize and hamper progressive initiatives.

Poverty Reduction: Testament to Effective Policies
Pointing to a report from Niti Aayog, PM Modi highlighted that 13.5 crore Indians have been lifted out of poverty in the past five years. He also noted international agencies’ observations that extreme poverty in India is nearing eradication, further corroborating the efficacy of his government’s decisions and policies.

Towards a Developed India: An Aggressive 25-Year Plan
Modi articulated an ambitious 25-year plan to transform India into a developed nation. Outlining his government’s achievements in areas such as airport infrastructure, railway electrification, and city gas expansion, he highlighted the significant strides made in India’s development journey during his tenure. His administration aims to operate on the principle of “nation first, citizen first”, bolstering the path to India becoming a developed nation.

Bharat Mandapam: A Beacon of Conference Tourism
PM Modi highlighted the importance of Bharat Mandapam, the new complex set to host the G20 summit in September under India’s presidency. According to him, the complex, which ranks among the world’s top exhibition and convention complexes, is set to enhance India’s prominence in conference tourism.

In summary, with the general elections due in May 2024, PM Modi’s confident prediction about India’s economic growth and his focus on the nation’s development reflect his vision for a prosperous future. As the world awaits the G20 summit, the spotlight will undoubtedly be on India, showcasing the country’s rising global stature.

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