Modi Emphasizes Finance Management, Aims to Secure Future Generations

Prime Minister Narendra Modi emphasized the importance of financial management and sustainable governance during his address at the Times Global Business Summit. He highlighted concerns over certain political approaches toward electricity and reiterated his commitment to fostering economic growth while prioritizing responsible resource allocation. Additionally, Modi reaffirmed India's successes on the global stage and emphasized the government's dedication to enhancing citizen welfare.

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Prime Minister Narendra Modi, in his recent address at the Times Global Business Summit in New Delhi, reiterated his commitment to securing a prosperous future for India's upcoming generation. Emphasizing responsible governance, Modi expressed his aversion to political maneuvers aimed solely at garnering votes, stressing instead the significance of prudent financial management in decision-making processes.

During his speech, Modi voiced concerns over certain political parties' approaches towards electricity, cautioning that such policies could jeopardize the country's energy system. He advocated for a strategy prioritizing sustainability and long-term stability in the energy sector.

Furthermore, Modi stressed the necessity of fostering an environment conducive to economic growth while ensuring prudent resource allocation. He highlighted his administration's commitment to steering the country towards prosperity and sustainability, grounded in sound fiscal policies and forward-thinking governance.

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Reflecting on his government's decision-making, Modi remarked on choosing 'rashtraneeti' (national interest) over 'rajneeti' (politics), opting not to bring a 'White Paper' on the economy in 2014 to maintain confidence in the country. However, Union Finance Minister Nirmala Sitharaman later presented a 'White Paper' in Parliament, criticizing the Congress-led UPA rule for turning the Indian economy into a non-performing one through indiscriminate revenue expenditure and bad debts at banks.

Modi also highlighted India's successes on the global stage, emphasizing the positive sentiment surrounding the country's capabilities. Reaffirming India's status as a welfare state, he underscored the government's commitment to enhancing citizen welfare and improving overall quality of life.