his birth to death, listing out numerous taxes levied on using road to house, service, electricity, water besides income tax.
"Whatever a man earns through his hard work, he can finally keep only a small fraction of it and the rest goes out... There is a dire need to simplify the tax regime, to rationalise it," he said, adding he had come to appreciate points made by Ramdev and his aides following his long interactions with them over the years.
The BJP President also seconded the yoga guru's demand, saying there is a need for reform. This alternative of transaction tax is very good. We will consider it and do the best we can".
Narendra Modi blamed the "wrong" policies of the UPA government for economic woes, saying it had resulted in the decline of manufacturing industry, which required an immediate boost if economy was to recover.
He said "policy paralysis" had resulted in lack of coal for power industry despite India having vast reserves of it. Power projects have stalled, forcing us to import steel as industrialists cannot manufacture it here in the absence of electricity even though we have plenty of iron ore, he said.
He also spoke about recent cases of gold smuggling, invoking decades of 60s and 70s when it was rampant and caused the rise of underworld.
"Even sand is being smuggled these days. We are talking about corruption. State needs progressive policy drive and its execution with transparency. It will remove corruption," he said.
BJP leaders also underlined their long commitment to fight against black money, recalling L K Advani's yatra across the country on the issue.
Narendra Modi said despite having over 65 per cent of its population under 35 years of age, Indian had failed to capitalise on the strength of its young population, blaming UPA.
"This demographic dividend could have been an asset but the country's leadership has converted it into demographic disaster," he said, recalling how a high-powered body set up by Prime Minister for skill-development never met for three years while it was supposed to meet every three month.
He said things can be turned around with strong