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โ€œIndia Is Indebted To Manmohan Singh For Liberalizationโ€: Nitin Gadkari While Praising Former PM

Gadkari

Gadkari said that said India needs a liberal economic policy with the intention to provide its benefits to poor people

New Delhi: Union Minister Nitin Gadkari said that the country is indebted to former prime minister Manmohan Singh for economic reforms.

Addressing at TIOL Awards 2022 event on Tuesday, he said India needs a liberal economic policy with the intention to provide its benefits to poor people.

The economic reforms started by Manmohan Singh as the finance minister in 1991 gave a new direction to India. It ushered in a liberal economy he said.

โ€œLiberal economy ke karan desh ko nayee disha mili,uske liye Manmohan Singh ka desh reeni hai (The country is indebted to Manmohan Singh for the liberalization that gave a new direction),โ€ Gadkari said.

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Recalling the developments made in Maharashtra by him he said that he could raise money to build roads in the state when he was a minister in the mid-1990s due to economic reforms initiated by the former prime minister.

Gadkari asserted that liberal economic policy is for farmers and poor people.

Giving an example of a liberal economy he said, โ€œChina is a good example of how liberal economic policy can help in the development of any country.โ€

To accelerate economic growth, he said India will need more capex investment.

The road transport and highways minister said the NHAI is also raising money from the common man for the construction of highways.

He further added, โ€œMy ministry is constructing 26 green expressways and is not facing a shortage of money. According to him, the toll revenue of NHAI will soar to โ‚น 1.40 lakh crore by the end of 2024 from โ‚น 40,000 crore per annum currently.โ€

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PM Modi To Visit Indonesia, G20 Summit To See Formal Announcement Indiaโ€™s Presidency

ANI
PM Modi

Prime Minister Narendra Modi will visit Indonesia for the G20 summit next week where a formal announcement will be made of Indiaโ€™s Presidency of the forum.

New Delhi:  Prime Minister Narendra Modi will visit Indonesia for the G20 summit next week where a formal announcement will be made of Indiaโ€™s Presidency of the forum.

PM Modi unveiled the logo, theme and website of Indiaโ€™s G20 Presidency via video-conferencing here on Tuesday. Addressing the gathering, he said India will preside over the G-20 Summit from December 1 and said that it is a historic opportunity for the country.

The Prime Minister said G-20 is the premier forum for international economic cooperation representing around 85 per cent of the global GDP, over 75 per cent of the worldwide trade, and about two-thirds of the world population.

Calling this a momentous occasion, the Prime Minister said the Presidency of G-20 during the year of Azadi Ka Amrit Mahotsav is a matter of pride for every Indian. The Prime Minister expressed happiness over the growing interest and activities about the G-20 and related events.

โ€œNext week, I will go to Indonesia. Formally, there will be an announcement that India will get the presidency of G20,โ€ he said.

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The G20 summit will take place on November 15-16 in Indonesia. Highlighting the contributions of the citizens in the launch of the G-20 logo, the Prime Minister said that the government received thousands of creative ideas for the logo.

He thanked everyone for their support and said that these suggestions are becoming the face of the global event. Noting that the G-20 logo is not just any logo, the Prime Minister said that it is a message, a feeling that runs in Indiaโ€™s veins.

โ€œI congratulate countrymen on the historic occasion of Indiaโ€™s G20 Presidency. โ€˜Vasudhaiv Kutumbakamโ€™ is the signature of Indiaโ€™s compassion for the world. Lotus portrays Indiaโ€™s cultural heritage and faith in bringing the world together,โ€ he said.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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