We saved Indian economy from disaster, $5 trillion target achievable: PM Modi at ASSOCHAM

New Delhi: Prime Minister Narendra Modi has said that the goal of achieving the $5 trillion economy is achievable. He was participating at the inaugural session of the Hundred Years of ASSOCHAM in New Delhi today.

Addressing a gathering of leaders from the Corporate World, Diplomats and others, Modi said that the idea of making India an economy worth $5 trillion is not a sudden one.

The PM remarked that in the past five years the country has made itself so strong that it not only could it set for itself such a target but also make efforts in that direction, saying, “Five years ago, the economy was heading for disaster. Our Government not only stopped this but also brought in a discipline in the economy.”

“We brought in fundamental changes in India’s economy so that it can run with set rules in a disciplined manner. We have met with the decades old demands of the Industrial Sector and we have built a strong foundation for a $5 trillion economy,” Modi said

The PM also said that the Government has decriminalised several laws in the corporate sector in order to reduce the burden and allow the industry to function in a fearless ecosystem, and that the Govt is trying to decriminalise many other provisions.

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The ID Staff

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