Narendra Modi unveils economic growth blueprint

Written by fe Bureau | Ahmedabad | Updated: Jan 16 2014, 06:34am hrs
Narendra ModiNarendra Modi on Wednesday unveiled his blueprint for economic development at an interaction with captains of industry.
BJPs PM candidate and Gujarat CM Narendra Modi on Wednesday unveiled his blueprint for economic development at an interaction with captains of industry.

Addressing the national executive committee meeting of Ficci, Modi underlined the need for decisive leadership, inclusive and integrated development, simplification of taxes and the need for making the common man a stakeholder in development.

In a scathing attack on the UPA's economic policies, he said the main reason behind the "despair" prevailing in India was that nobody was willing to take responsibility. India has become a country of under-achievers due to lack of planning and there is a need to come out of this situation by building an atmosphere of trust, he said.

Modi maintained that two sectors crucial for development were agriculture and the services sector and there was a need to focus on improving productivity in agriculture with value additions to improve the rural economy. "The amount of land is not increasing but actually decreasing with population increase. Value addition is the best combination in the services and agriculture sector," he said.

Besides promoting value addition in the agriculture sector, Modi emphasised on the need to promote value addition of the countrys natural and mineral resources. Describing the industrial sector as the pivot for generation of employment, Modi said there is a need to have a holistic plan for industrial development.

Ficci doesnt endorse Modi

Ahmedabad, Jan 15: As the general elections edge closer, Ficci maintained a politically correct stand by not publicly endorsing BJPs PM candidate Narendra Modi at its event in Gandhinagar on Wedne-sday. The minimum economic agenda should be common across all political parties. This includes roads, infrastructure, controlling inflation, lowering interest rates. There is only one solution irrespective of the political party (in power), said Naina Lal Kidwai, former president, Ficci. Sidharth Birla, president, Ficci, concurred with her views and added, We cannot afford experimentation with policies. We request the media houses to understand and analyse the detailed economic agenda of the political parties and let the citizens of India make an informed decision.