Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Wednesday said that India’s domestic socioeconomic successes and the welfare reforms are the reasons for the country’s increasing stature globally.
Speaking at the inauguration of the REVA University Centre of Excellence for Geopolitics and International Studies, Mr. Puri said, “There has been a paradigmatic shift in governance in the last ten years. From the days of policy paralysis before 2014, we are now seeing an era of transformative policies that benefit the citizen directly.” He said that India is already the fifth-largest economy in the world, and soon, will become the third-largest economy.
“With a growth rate of 7.3% over the first three quarters of the current fiscal year, India is demonstrating that it is on a high-growth trajectory to achieve its development goals by 2047,” he said.