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Prime Minister Narendra Modi on Saturday criticised previous governments for prioritising vote bank politics over national progress, asserting that his administration is committed to inclusive development.
Speaking at the HT Leadership Summit, the prime minister underscored his government’s mantra of “progress of the people, by the people, and for the people,” distancing it from the politics of division.
Modi said that vote bank-driven policies had widened inequalities in the past, eroding public trust in governance. “Earlier, governments created schemes to appease select groups and secure electoral victories. This led to an imbalanced system and growing inequalities,” he stated.
He credited his administration with restoring faith in governance through a development-centric approach.
Stability and vision for a developed India
Reflecting on the instability of the 1990s, when India faced five elections in a decade, Modi highlighted the contrast with the current political environment. “In an era when instability dominates global politics, India has entrusted us with governance for a third consecutive term,” he said.
The prime minister dismissed the notion that “good economics is bad politics,” a view he attributed to past governments’ inefficiencies. “This ideology became an excuse for poor governance. Today, India is proving that good economics is, in fact, good politics,” he remarked.
Modi outlined his government’s broader mission of building a developed India. “Our purpose is far removed from vote bank politics. We aim for widespread progress, creating employment through investments and ensuring dignity through development,” he explained.
Infrastructure push and savings for citizens
Citing advancements in public infrastructure, Modi highlighted the surge in capital expenditure from ₹2.25 lakh crore in 2013-14 to ₹11 lakh crore today. He noted that these funds are being channelled into projects like hospitals, schools, roads, and railways.
He also emphasised the government’s efforts to save citizens money, pointing to the ₹3.5 lakh crore saved through Direct Benefit Transfers (DBT) and the ₹1.1 lakh crore saved via Ayushman Bharat. Affordable medicines from Jan Aushadhi Kendras have resulted in ₹30,000 crore in savings, while price controls on stents and knee implants have brought relief to patients.
Empowering aspirations and risk-taking
Modi credited his administration with fostering a culture of innovation and risk-taking, evidenced by over 1.25 lakh registered startups in the country. “Indian society today is brimming with unprecedented aspirations, and we have made these the foundation of our policies,” he said.
PM Modi celebrated India’s achievements over the last decade, emphasising that the nation’s success is inspiring larger goals. “The 21st century belongs to India. With the people’s trust, we are building a future that combines growth, innovation, and dignity for all,” he concluded.
Speaking at the HT Leadership Summit, the prime minister underscored his government’s mantra of “progress of the people, by the people, and for the people,” distancing it from the politics of division.
Modi said that vote bank-driven policies had widened inequalities in the past, eroding public trust in governance. “Earlier, governments created schemes to appease select groups and secure electoral victories. This led to an imbalanced system and growing inequalities,” he stated.
He credited his administration with restoring faith in governance through a development-centric approach.
Stability and vision for a developed India
Reflecting on the instability of the 1990s, when India faced five elections in a decade, Modi highlighted the contrast with the current political environment. “In an era when instability dominates global politics, India has entrusted us with governance for a third consecutive term,” he said.
The prime minister dismissed the notion that “good economics is bad politics,” a view he attributed to past governments’ inefficiencies. “This ideology became an excuse for poor governance. Today, India is proving that good economics is, in fact, good politics,” he remarked.
Modi outlined his government’s broader mission of building a developed India. “Our purpose is far removed from vote bank politics. We aim for widespread progress, creating employment through investments and ensuring dignity through development,” he explained.
Infrastructure push and savings for citizens
Citing advancements in public infrastructure, Modi highlighted the surge in capital expenditure from ₹2.25 lakh crore in 2013-14 to ₹11 lakh crore today. He noted that these funds are being channelled into projects like hospitals, schools, roads, and railways.
He also emphasised the government’s efforts to save citizens money, pointing to the ₹3.5 lakh crore saved through Direct Benefit Transfers (DBT) and the ₹1.1 lakh crore saved via Ayushman Bharat. Affordable medicines from Jan Aushadhi Kendras have resulted in ₹30,000 crore in savings, while price controls on stents and knee implants have brought relief to patients.
Empowering aspirations and risk-taking
Modi credited his administration with fostering a culture of innovation and risk-taking, evidenced by over 1.25 lakh registered startups in the country. “Indian society today is brimming with unprecedented aspirations, and we have made these the foundation of our policies,” he said.
PM Modi celebrated India’s achievements over the last decade, emphasising that the nation’s success is inspiring larger goals. “The 21st century belongs to India. With the people’s trust, we are building a future that combines growth, innovation, and dignity for all,” he concluded.
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