Making India 5-trillion-dollar economy challenging but can be achieved: Modi


New Delhi, Jun 15 (IANS): Prime Minister Narendra Modi said on Saturday that the goal to make India a five-trillion-dollar economy is challenging but can be achieved and asked the states to recognise their core competence and work towards raising GDP targets.

In his opening remarks at the fifth meeting of the Governing Council of NITI Aayog, the Prime Minister said that empowerment and ease of living have to be provided to each and every Indian.

"The goal to make India a five-trillion-dollar economy by 2024 is challenging but can surely be achieved. The states should recognise their core competence and work towards raising GDP targets right from the district level," he said.

He noted that the export sector was an important element in the progress of developing countries and said both the Centre and the states should work towards growth in exports, in order to raise per capita incomes.

"There is immense untapped export potential in several states, including the north eastern states. A thrust on export promotion at the state level will provide a boost to both income and employment," he said.

Describing Swachh Bharat Abhiyan and Pradhan Mantri Awaas Yojana as illustrations of what the Centre and the states can accomplish together, the Prime Minister urged the states to focus on collective responsibility for achieving short-term and long-term goals.

"Empowerment and ease of living have to be provided to each and every Indian. Everyone at this platform has a common goal of achieving a New India by 2022," he said.

The meeting was attended by the Governor of Jammu and Kashmir, Chief Ministers, Lieutenant Governor of Andaman and Nicobar Islands, and other delegates.

  

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Comment on this article

  • SmR, Karkala

    Mon, Jun 17 2019

    PM Modi's 5-trillion-dollar economy challenge can only be achieved if 'Panama Paper' and 'Paradise paper' names of Indian tax evaders in foreign tax havens are recovered.

    From Amitabh Bachchan to Vijay Mallya 714 Indians named in Paradise Papers. India ranks 19th out of the 180 countries covered under the leaked data in terms of the number of names involved.

    Prominent Indian corporates in the Appleby database include GMR Group, Jindal Steel, Apollo Tyres, Havells, Hindujas, Emaar MGF, Videocon, the Hiranandani Group and D S Construction. Further, according to the report, Minister of State for Civil Aviation Jayant Sinha's past association with the Omidyar Network has resulted in his name figuring in the records too. Another Bharatiya Janata Party (BJP) leader, Rajya Sabha MP and founder of Security and Intelligence Services R K Sinha, figures in as well with records of offshore companies linked to him being part of the leak too.

    As long as wilful economic offenders get assisted escape in a new country with Indian bank loot with a new passport, the dream of Modi seems to only look like folktales.
    Jai Hind

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  • Raju, Goa

    Sun, Jun 16 2019

    Making fool for indian fool people's .....
    And filling rich people account and planning next election to save money

    DisAgree Agree [1] Reply Report Abuse

  • kumara, abu dhabi

    Sun, Jun 16 2019

    great positive thoughts sir,

    DisAgree [2] Agree Reply Report Abuse

  • David Pais, Mangalore

    Sun, Jun 16 2019

    u can print da notes 2 achieve your dreams but as long as u r a p.m., of india, it will not achieve it.

    DisAgree [3] Agree [4] Reply Report Abuse

  • Ravi, Mlore/USA

    Sun, Jun 16 2019

    To increase GDP, Both Domestic Economy and Exports have to be increased. On the domestic side, business has not invested enough in India to increase growth. FDI has also been insufficient to increase growth. There are too many State owned enterprises in India which are not productive enough. The Govt has also put speed bumps in the way of foreign companies like Walmart and now Amazon in E Commerce. Exports and Imports are being hit with Tariffs.
    The PM faces multiple headwinds

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  • Francis, Shirva/UK

    Sun, Jun 16 2019

    Did anyone know what happened to bullet train project.

    DisAgree Agree Reply Report Abuse

  • Sunil K, Mangalore

    Sun, Jun 16 2019

    I have said it before - BJP and NDA are not good with economic policies for the country. Sadly even the NITI Aayog department does not have capable people. A historian is now running the RBI. The Finance minister must recruit a strong team to boost India's potential, otherwise wait for acche din will take longer.

    DisAgree Agree [2] Reply Report Abuse

  • Sanjeev Kamath, Udupi / Seattle

    Sat, Jun 15 2019

    Modi hai to mumkin hai (Modi makes it possible) - Mike Pompeo, US Secretary of State.

    DisAgree [3] Agree [1] Reply Report Abuse

  • K b r, Mangala uru

    Sat, Jun 15 2019

    4 trillion will be Gujarat's share

    DisAgree [2] Agree [8] Reply Report Abuse

  • mohan, Mangalore

    Sat, Jun 15 2019

    Another blunder will add to... blank money bringing in 3 months.....swacha bharat by broom...... ganga cleaning in one year...... ram temple I three months......15 lack in everyone account..... etc etc and many many more...
    Now another imagination which never possible in another 50 years by BJP....
    Instead Modi will make India in debts of 5 trillion as he already burdened India of 2lake 40 thousands more in five years..

    DisAgree [1] Agree [13] Reply Report Abuse

  • JK, Udupi

    Sat, Jun 15 2019

    Modi can do this and only Modi can do this.

    DisAgree [22] Agree [6] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, Jun 15 2019

    Show us the Proof ...

    DisAgree [3] Agree [17] Reply Report Abuse

  • Manohar, Mangalore

    Sat, Jun 15 2019

    Same like bringing back black money and distributing 15lakhs to each individual was challenging but it is achieved by modi succesfully. Now another Jumla. GDP is ever low.

    DisAgree [3] Agree [27] Reply Report Abuse


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