'Atmanirbhar Bharat' to get its economic growth back soon: PM Modi
New Delhi : Prime Minister Narendra Modi on Tuesday again stressed on self-reliance to bring India's economic growth back in track. Talking to India Inc, he said, it will happen soon as India is now moving out from lockdown and is already under unlock 1.
"The world is looking for a reliable and trustworthy partner. India has all the potential, strength and ability," PM Modi said while addressing 125th annual session of Confederation of Indian Industry (CII).
"India will definitely get its growth back. I trust India's capability and crisis management. I also trust India's talent, technology, innovation and intellect. I have full faith in farmers, SMEs, entrepreneurs and industry leaders. That's why I am saying yes, we will get our growth back," the Prime Minister said.
He claimed that the need of the hour is to invest in the creation of a robust local supply chain that will provide a strong stand to India's stake in the global supply chain.
"We will take structural reforms that will change the course of the country. We will together build self-reliant India," he said.
To achieve the target, PM Modi said five I's are essential - intent, inclusion, investment, infrastructure and innovation.
He said the government has made decisions to make the economy and sectors future-ready. The reforms are not scattered but planned and futuristic.
"Reforms mean taking them to the logical conclusion. We have reformed India's coal, mining, mineral, energy sectors to open new opportunities for the country's youth. MSMEs will be able to grow without any concerns or fears," he said.
He said Indian industries have a clear path of Atmanirbhar Bharat. "We will become more strong and impress the world and self-reliant India will be integrated and supportive of the world economy," the Prime Minister said.
"A self-reliant India does not mean the country is reliant on outside in strategic sectors. Whether be it sectors such as agri, farm, fisheries, food processing, footwear or pharma, the government has to make the private sector a partner in India's growth progress," he said.