NEW DELHI: India is not an “emerging” but a “resurgent” power that is regaining its place on the global economic map, with the Modi government focusing on all sectors ranging from health, education and road transport to railways, defence and border infrastructure development, Union minister Rajnath Singh said during the Times Network India Economic Conclave 2023 on Friday.
Delivering the keynote address on the second day of the conclave, the defence minister quoted the famous ‘Spiderman’ dialogue that “with great power comes great responsibility” to stress that India’s responsibility will increase in sync with its rising global stature.
Noting the government was working to build a “developed” India by 2047, Singh said he envisioned an India that would ensure universal values like democracy, religious freedom, dignity and peace are established across the globe.
Underlining the need for India to also become a welfare state with a high standard of living, social harmony, gainful employment and equal participation of women in the development process, he said, “Together, let us dream of an India where people have the same feeling of nation building; where all Indians work together without any discrimination.”
In a developed India, political parties revolving around a person, family or caste should find no place. “Politics should be based on ideology and values… Our country should move forward on the path of credible politics. Criminalisation of politics should end,” Singh said.
Listing out the government’s achievements, the minister said “transformative changes” had been brought into the defence sector to create a strong, youthful and tech-savvy military as well as build a robust domestic defence industry to manufacture state-of-the-art weapons.
“A strong military not only secures the borders, but also protects the culture and economy of a country. The goal is to build a strong, self-reliant and prosperous nation, which caters to its own needs as well as the requirements of friendly countries. This is an era of renaissance. It is time to re-establish India as a global superpower,” Singh said.
Morgan Stanley had named India among the ‘Fragile 5’ economies in 2013 but has now stated the country will be the third largest economy by 2027. Terming this as a testament to the growth of the Indian economy in recent years, he listed out the various reforms undertaken by the government, including direct tax reforms, GST and steps to enhance ease of doing business.
Delivering the keynote address on the second day of the conclave, the defence minister quoted the famous ‘Spiderman’ dialogue that “with great power comes great responsibility” to stress that India’s responsibility will increase in sync with its rising global stature.
Noting the government was working to build a “developed” India by 2047, Singh said he envisioned an India that would ensure universal values like democracy, religious freedom, dignity and peace are established across the globe.
Underlining the need for India to also become a welfare state with a high standard of living, social harmony, gainful employment and equal participation of women in the development process, he said, “Together, let us dream of an India where people have the same feeling of nation building; where all Indians work together without any discrimination.”
In a developed India, political parties revolving around a person, family or caste should find no place. “Politics should be based on ideology and values… Our country should move forward on the path of credible politics. Criminalisation of politics should end,” Singh said.
Listing out the government’s achievements, the minister said “transformative changes” had been brought into the defence sector to create a strong, youthful and tech-savvy military as well as build a robust domestic defence industry to manufacture state-of-the-art weapons.
“A strong military not only secures the borders, but also protects the culture and economy of a country. The goal is to build a strong, self-reliant and prosperous nation, which caters to its own needs as well as the requirements of friendly countries. This is an era of renaissance. It is time to re-establish India as a global superpower,” Singh said.
Morgan Stanley had named India among the ‘Fragile 5’ economies in 2013 but has now stated the country will be the third largest economy by 2027. Terming this as a testament to the growth of the Indian economy in recent years, he listed out the various reforms undertaken by the government, including direct tax reforms, GST and steps to enhance ease of doing business.