NEW DELHI: India has shown there is “no irreconcilable trade-off between growth and distributive justice“, and the government is making all efforts to further boost the country’s position as a global growth enginedefence minister Rajnath Singh said on Saturday.
As the fastest growing major economy in the world, India has now reached a position to trigger a “positive impact” on the growth of other countries, Singh said, addressing the annual general meeting of Federation of Indian Chambers of Commerce and Industry (FICCI).
Stressing the government’s commitment towards inclusive development, he said, “Our growth model shows that equal opportunities to everyone and the accelerated growth rate can be achieved simultaneously.”
Noting that India has also committed that its growth will not be at the cost of environmental degradation, he said, “We’ve chosen the path of green growth. We signed the Paris Agreement. We’ve formed the International Solar Alliance. We’ve taken initiatives to promote clean energy. We have also reduced the emission intensity of GDP.”
The minister also listed out government’s initiatives and achievements in infrastructure development.
“Till 2014, India had 91,000 km of national highways; today it has increased to about 1.5 lakh km. While India had only 74 airports in 2014, today it has increased twofold. Through PM Gati Shakti Yojana and National Infrastructure Pipeline, we have planned infrastructure development worth up to Rs 100 lakh crore in the country,” Singh said.
While the government is making all efforts to further strengthen India’s position as a growth engine, the minister said, “You all know that the government cannot do this work alone. For that we also need the support of the wealth creators and thought leaders of this country.”
As the fastest growing major economy in the world, India has now reached a position to trigger a “positive impact” on the growth of other countries, Singh said, addressing the annual general meeting of Federation of Indian Chambers of Commerce and Industry (FICCI).
Stressing the government’s commitment towards inclusive development, he said, “Our growth model shows that equal opportunities to everyone and the accelerated growth rate can be achieved simultaneously.”
Noting that India has also committed that its growth will not be at the cost of environmental degradation, he said, “We’ve chosen the path of green growth. We signed the Paris Agreement. We’ve formed the International Solar Alliance. We’ve taken initiatives to promote clean energy. We have also reduced the emission intensity of GDP.”
The minister also listed out government’s initiatives and achievements in infrastructure development.
“Till 2014, India had 91,000 km of national highways; today it has increased to about 1.5 lakh km. While India had only 74 airports in 2014, today it has increased twofold. Through PM Gati Shakti Yojana and National Infrastructure Pipeline, we have planned infrastructure development worth up to Rs 100 lakh crore in the country,” Singh said.
While the government is making all efforts to further strengthen India’s position as a growth engine, the minister said, “You all know that the government cannot do this work alone. For that we also need the support of the wealth creators and thought leaders of this country.”
