Modi backs bigger private sector role for self-reliance
NEW DELHI: PM Narendra Modi on Saturday exhorted states to join the Centre’s effort to expand the role of the private sector in giving a major push to self-reliance and called for a strong cooperation between the Centre and states to accelerate all-round development.
As a go nment, we also have to honour this enthusiasm, the energy of the private sector and give it as much opportunity in the Aatmanirbhar Bharat campaign,” the PM said while addressing the governing council of Niti Aayog, which comprises chief ministers and UT administrators, key ministers and top policy-makers. He said this year’s Union budget had received a positive response.
PM Modi said the Budget had received a positive response and pointed to the mood of the nation, which now wants to move forward at a faster pace without wasting any more time. Modi said Aatmanirbhar Bharat campaign is the way to develop an India that pro- duces not only for its own needs but also for the world, with its products meeting the test of global competition.
The PM’s pitch to CMs for enlarging the space for private sector builds on his earlier strong endorsement of the entrepreneurs in his speech in Parliament earlier this month. He had said slandering of private enterprise was tantamount to distrusting the potential of the youth and suspecting their intent. Significantly, the advocacy for private enterprise comes against the backdrop of persistent sni by Congress’ Rahul Gandhi and activists against alleged crony capitalism, and seems to reflect the go nment’s resolve to press ahead with the measures planned for the disposal of chronically loss-making PSUs and asset monetisation.
who is your private sector? Ambani aur Adani ??
In India go nment employees, more often than not are reluctant to work. Private sector is the only solution.
When you talk of privatisation, you are planning to sell certain PSUs, that have already shut down and only their fixed assets are to be sold.
Privatization is not bad, monopoly is.
When is Rafale is rolling out of Anil Ambani's factory? when will you use Indian sunglasses instead of Maybach, use Indian pen instead of Montblanc, when you stop importing expensive mushroom from Taiwan for you to eat.
privatisation = Adani Ambani
Nationalisation = Nehru Gandhi
probably the worst PM since independence.
If prime minister is businessman, will always think about corporate rather than people of country. And will make people sl ve.
what Modi is doing should have happened much before. India cannot become rich with socialism. India has the capacity to compete with the world, I don't understand why people have inferior mindset
Makes sense. To eliminate co ption, promote competition and there by deliver quality goods and products at competitive price can be done only through private sector. We are with you, Modiji.
You improve the life of poor by improving economy of the country, not by snatching from the pockets of middle class.
Surely the opposition would cry foul on this matter but it is good for the country
Since coming to power he had been advocating for the Ambanis, Adanis and other bif corporate houses; his actions, thoughts and ideals are centred around them- he has no time for the common man other than during elections
When he speaks of increasing role for private sector, he actually means 'Ambani, Adani & of course Tata'...
Small scale industries gone through the window overnight thanks to Demonetization and Coronavirus.
Only Private sector that brings billions of rupees, gives employment to millions, takes all the risks will take India forward.