addressing a rally in Dahej at the inauguration of a ferry service, PM Modi
affirmed that the economic reforms would continue and the government would
maintain financial stability while initiating these measures.
“After the reforms and hard decisions, the economy of the country is on track
and in the right direction… We will take all necessary steps to increase
investments and bring in economic development,” Modi said, addressing a rally
in Dahej. He said several economists have described the fundamentals of the
economy as robust.
remarks appeared to be a response to Congress vice-president Rahul Gandhi’s
attack pointing out the economic slow growth, registering a three-year-low of
5.7% in June quarter.
“Looking at the recent figures, the production of coal, electricity, natural
gas and other items has increased significantly. Foreign investors are making
huge investments in the country. Foreign exchange reserves too have reached
$400 billion,” Modi said.
In Vadodara, where he inaugurated projects worth Rs 3,600 crore, Modi made an
indirect appeal to people of Gujarat to ensure that the government at the
Centre and state remain the same. While Modi did not say this directly, he
pointed out that the state had progressed well when there was conducive
leadership in the Centre.
The PM said the state should not miss the opportunity to capitalise on a
government in Delhi that does not dislike the state. He added that the state
government had been putting project after project before the Centre.
“This creates opportunities and projects like the Ro-Ro ferry service become
possible,” said Modi who had inaugurated the Ghogha-Dahej ferry service.
Modi highlighted how the camaraderie between Morarji Desai as PM and Babubhai
Jasbhai Patel as the CM in Gujarat had ensured development. Modi said that but
for the Central government led by Atal Bihari Vajpayee, the rehabilitation work
after the Kutch earthquake would not have been completed even after 15 years.
GST, Modi said the number of traders joining the new indirect tax regime was
increasing every day.
“Around 27 lakh additional people have registered for the indirect tax in the
last few months... No businessman wants to indulge in tax evasion. But tax rules,
system, tax officials and even politicians are forcing them to do it,” he said.
He assured traders that their past records would not be checked if they joined
the new tax regime. “I assure you that no tax officials will be allowed to open
past records of those who want to come into the mainstream,” the PM said,
adding that GST had helped check corruption at state borders.