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World is slipping, India rising, says Narendra Modi

World is going through an economic crisis, but it is India alone that is progressing at a rapid pace, says Modi.

New Delhi: Rejecting Opposition criticism over the state of the economy, Prime Minister Narendra Modi on Sunday said that as the world was grappling with financial crisis, India alone was “progressing at a rapid pace” because of the policies of his government.

“Everyone is saying this... the World Bank, the IMF. The world is going through an economic crisis, but it is India alone that is progressing at a rapid pace. This is a unique situation when the whole world is slipping and India is growing,” Mr Modi said.

“People across the world are saying that the steps taken by the government have led to India becoming the fastest growing economy among the larger economies of the world,” he said.

He was speaking at an event to celebrate the birth anniversary of Swami Dayanand Sarawati, the founder of the social reform movement Arya Samaj.

Mr Modi’s assertion came on a day when the Congress said that it would demand a white paper on the state of the economy in the Budget Session of Parliament beginning February 23.

Former Union minister and deputy leader of the party in the Rajya Sabha Anand Sharma said that the Congress would demand a white paper on the economy in view of the “boastful claims” of the Prime Minister.

Listing out several “pro-people” schemes launched by his government, the Prime Minister referred to his government’s Skill India initiative and Mudra Bank.

( Source : PTI )
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