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Home » India is moving in the direction of becoming the third largest economy, says PM Modi
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India is moving in the direction of becoming the third largest economy, says PM Modi

Editor's Desk, Tattva NewsBy Editor's Desk, Tattva NewsNovember 13, 2022Updated:November 13, 2022No Comments3 Mins Read
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Prime Minister Narendra Modi  pointed out that on one hand, the entire world is dealing with the corona pandemic and is getting affected by strenuous situations of war and military actions. “But among all of this”, he said, “experts are predicting that India is moving in the direction of becoming the third largest economy.”

He laid the foundation stone and dedicated to the nation multiple projects worth over Rs 9500 crores in Ramagundam, Telangana. Earlier, the Prime Minister paid a visit to the Ramagundam Fertilizers and Chemicals Limited (RFCL) plant

Experts, the Prime Minister said, are also saying that growth equivalent to 30 years from the 90s will take place in the coming few years. “The chief reason for this perception is the change that has taken place in the country during the last 8 years. India has changed its approach to doing work in the last 8 years. In these 8 years thinking as well as the approach of governance has undergone a transformation”, he said.

This can be seen in infrastructure, government processes, ease of doing business, and transformations which are being inspired by the aspirational society of India, he added.  “A new India presents itself to the world with self-confidence and aspirations of development ”, he said and added  that development is a continuous mission that runs in the country 365 days a year.

He further added that when a dedication of a project is carried out, work on new projects begins simultaneously. The Prime Minister also emphasized that efforts are made to pace up the development of projects whose foundation stones are laid and the Ramagundam project is a clear example of this. The foundation stone for Ramagundam Project was laid by the Prime Minister on 7th August 2016.

Modi  pointed out that the India of the 21st century can move forward by realizing ambitious targets. “When the aim is ambitious, we have to come up with new methodologies and create new facilities”, the Prime Minister remarked.

Modi said that the fertilizer sector is proof of the honest efforts of the central government. Recalling the time when India used to depend on foreign countries to meet the demands of fertilizers, the Prime Minister pointed out that many fertilizer plants that were set up earlier were forced to shut down due to obsolete technologies, including Ramagundam Plant. He further added that urea which was imported at exorbitant rates was black-marketed for other purposes instead of reaching the farmers.

Economy Narendra Modi Ramagundam RFCL
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