India is the fastest growing economy in the world: PM Modi at New India Conclave

16 July 2018, 10:56 PM
India is the fastest growing economy in the world: PM Modi (Photo Source: PTI)
India is the fastest growing economy in the world: PM Modi (Photo Source: PTI)

Addressing the valedictory function at the New India Conclave in New Delhi, Prime Minister Narendra Modi on Monday said India is no longer considered to be among the 'Fragile Five' and now the fastest-growing economy across the globe.

"Gone are the days when India was considered to be among the 'Fragile Five'. Today, we are the fastest growing economy in the world. Powered by the 125 Crore people of India, we will grow even faster," PM Modi was quoted as saying.

"India needs great road infrastructure-Bharatmala is building thousands of km of roads. India needs port-led development-Sagarmala is helping build infrastructure. India needs to go digital in public service delivery - JAM trinity (Jan Dhan-Aadhaar and Mobile number) is there," the prime minister added.

Referring to Centre's Skill India mission, Modi said the government is working hard to create a pool of skilled talent in the country, thus furthering its growth.

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"India needs villages connected with i-ways - we have laid 2.7 lakh km of optical fibre network connecting more than a lakh Gram Panchayats," he said.

Congratulating the young Indians for heralding an era of development, Modi further assured youth employment and empowerment. He also promised to launch more industrial projects which will help create more employment opportunities for young India.

"When we bring more FDI, we create more industries in India. When we create more industries, we create more employment opportunities. When we create more employment opportunities, we empower the youth to improve their future," Modi went on to claim further.

Modi concluded his speech while dreaming of a New India, where citizens would write their own destiny.

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First Published: Monday, July 16, 2018 10:43 PM
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