‘India is continuously focussing on equitable, inclusive growth and on bridging income inequalities. A number of schemes like Jan Dhan Yojana, Saubhagya and Ujjwala stand testament to the core values of inclusiveness that India adheres to’, the Vice President M. Venkaiah Naidu has said, in Chenna. He was addressing the gathering at the valedictory function of Tamil Nadu Global Investors Meet (GIM)-2019.
He urged investors to seize the moment and invest in India.
The Vice President quoted the Sustainable Development Goals 2030 which emphasized upon the need for nations to focus more on equitable economic growth and to reduce inequalities and said that the Government of India has embarked on a similar path in the last 4 years by having “Sab ka Saath, Sab ka Vikas” (Assistance to everyone and development of each individual) as the overarching goal.
Naidu applauded the dynamic, visionary leadership in India at the national and state levels that is engaged in reforming governance, reaching higher performance benchmarks & transforming the lives of people. Expressing his joy at the captivating growth story that India has been writing, the Vice President opined that India of today is a land of infinite possibilities and tremendous opportunities.
Naidu highlighted a number of positive trends the Indian economy has been exhibiting are recent times such as the consistent GDP growth rate and the highest ever growth in FDI inflow. ‘India accounts for about 15% of global growth and it has been estimated that the Indian economy would grow to $10 trillion by 2030’, he said.
The Vice President said that measures like demonetization, GST, Insolvency and Bankruptcy Code, repeal of outdated laws, giving thrust to the road and air connectivity, increased focus on infrastructure, housing and agricultural sectors have enabled the economy to gather momentum.
