PM Modi at CII: Growth will be back.

PM Modi lays out five “Is” to establish a self-reliant India, defends the nation-wide lockdown.

On Tuesday, PM of India Narendra Modi addressed the Confederation of Indian Industries (CII)’s Annual Session 2020- “Getting Growth Back”. PM Modi made a very reassuring statement to the Indian industries by stating that growth in the economy will soon return. 

PM Modi says “Unlock phase 1” has started getting India’s growth back:

PM Modi also highlighted the fact that “Unlock phase-1 “ has already started getting India’s growth back while addressing the CII event through a video conference. Prime Minister Modi, in his passionate speech, said, ”While it is true that Coronavirus has slowed down our growth, India has now left the lockdown behind and has entered unlock phase 1. So in a way, we have already started getting our growth back. I have confidence in India’s capabilities and crisis management.” 

PM Modi pointed out that as a nation, we have to take steps to take care of the economy as well as simultaneously take tough steps to fight Coronavirus in the country. He believes that along with fighting coronavirus, the economy is also one of the top priorities of his government. 

PM Modi defends the nation-wide lockdown:

PM Modi reiterated the fact that the government has taken decisions that will help the nation in the long run and defended the nation-wide lockdown. He said, ”India took the right steps at the right time. When we compare to others, we can realize how the lockdown has helped us.” 

Prime Minister then gave five Is for a self-reliant India, they are- Intent, Inclusion, Investment, Infrastructure and Innovation. He further discussed and informed the various economical packages the government has provided so as so to boost the economy in the coming year.