Union Finance Minister Nirmala Sitharaman said that 10 years under Prime Minister Narendra Modi has brought a sea change in the economy of the country and lifted the sentiments from a state of despondency in 2013, to one of optimism and hope of emerging as a developed country by 2047.
She was speaking at an interaction programme organised by the Thinkers Forum at the KSOU Auditorium, on Sunday. Ms. Sitharaman said that the general mindset of the people was one of despair that no government will ever meet the aspirations of the people and attributed it to what she described as ‘policy paralysis’ of 10 years under the previous government. She also refuted the remarks of the Opposition that the economy was poised to take off owing to the hard work of the previous regimes. Though the Opposition claims that they were the ones who brought in Aadhaar, initiated digitisation, right to food, right to employment, etc., theirs in effect was a paralysed economy, said Ms. Sitharaman.
Nothing happens automatically as being claimed by a section of the economists and those in the Opposition unless the government works on the policies and prepares the ground for their implementation, remarked the Finance Minister adding that the economy cannot grow automatically if the government was not focused on the right things like governance.