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Rediff.com  » Business » Modi to WSJ: I have undertaken the maximum reforms

Modi to WSJ: I have undertaken the maximum reforms

May 26, 2016 12:57 IST
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As Prime Minister Narendra Modi completes two years in office, there has been much debate on how the NDA government has steered the economy.

Image: I have actually undertaken the maximum reforms, says Modi.
Photograph: Reuters
 
 

On the eve of his government completing two years in office, Prime Minister Narendra Modi spoke to the Wall Street Journal in which he spoke expansively on his administration's achievements, and the path ahead.  

India, he said, has opened up its economy to foreign investment, boosted infrastructure, curbed corruption and made it easier to do business.

Here are some of the key points that Prime Minister Modi highlighted in his interview:

  • 'I have actually undertaken the maximum reforms but I have an enormous task ahead for myself.'

  • 'Today, unlike before, India is not standing in a corner.'

  • 'Labour reform should not just mean the interest of industry. Labour reform should also be in the interest of the labourer.'

  • 'In any developing country in the world, both the public sector and the private sector have a very important role to play. You can’t suddenly get rid of the public sector, nor should you.'

  • 'When I came to the government, I used to sit down with all the experts and ask them to define for me what is the‘big bang’ for them. Nobody could tell me.'

  • 'Defence equipment manufacturing can provide the maximum jobs to my country's youth.'
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