Prime Minister Narendra Modi said on Tuesday that self-reliance will be India’s priority in the face of coronavirus crisis and assured India Inc that economic growth will return soon as the country leaves behind lockdown period and enters ‘Unlock Phase 1.'”The world is looking for a trusted, reliable partner. India has the potential, strength and ability,” he said while addressing the 125th annual session of Confederation of Indian Industry (CII).
I request you to come with a detailed study across sectors, we will take up more structural reforms, that will change the course of the country to make India self-reliant,” said Mr. Modi.
Outlining the five ‘I’s for Atma Nirbhar Bharat — Intent, Inclusion, Investment, Infrastructure and Innovation — Mr. Modi, said that he was confident that India would get its growth back very soon.
“Trust me getting growth back is not so difficult. As self-reliant India, we will embrace the world’s economy with full integration and support. In strategic sectors, we don’t want to be dependent upon others. We need to invest in robust local supply chain to integrate with the global supply chain.”
While announcing the relief package during the novel coronavirus crisis, the government took a long-term view of the economy and announced several far-reaching measures to reform the economy.
“The reforms announced have been systematic, planned, integrated, interconnected and futuristic and are all about creating strong enterprises, generating employment, robust supply chains,” said Mr. Modi.
