Current slowdown in economy is temporary; India is right on path to become $ 5 trillion economy

News Bharati    17-Feb-2020 10:51:46 AM
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Ranchi, February 17: "Corruption is biggest hurdle to inclusive growth", asserted Vice President M Venkaiah Naidu today while interacting with public policy students at Ranchi, further calling upon the youth to support those who are fighting to eradicate the malice of corruption from the country.
 
Calling students as future leaders of the nations, the Vice President asked them to find innovative solutions to country’s problems such as illiteracy, poverty, malnutrition. He further called the current slowdown in economy as temporary and exuded confidence that India is well on path to become a five trillion-dollar economy.
 
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Lauding the government for bold reforms such as GST, IBC, he maintained that these bold reform measures will lead to long term gains for the economy and people. “Each citizen should feel that he is a stakeholder in development journey of the nation”, he said.
 
"Corruption deepens inequalities and increases poverty and obstructs the growth prospects of the nation", he said asking the youth to take a lead role in fighting corruption. He also suggested the use of new technologies to bring transparency and accountability at all levels.
Describing the future as digital, Naidu expressed happiness that the government is connecting all Gram Panchayats with high speed broadband under the project, Bharatnet. Emphasising the good governance, he also noted that there should be no gap between policy intent and policy implementation.
Pointing out that the aim of good governance is to ensure that the fruits of development and governance reach every section, especially those at the lowest rung of the economic and social ladder, the Vice President called for decentralizing powers and responsibilities to local bodies in accordance with the Constitutional provisions.
 
Asking students to become ‘smart leaders’ of tomorrow, the Vice President said that the true leadership is characterized by 4Cs, Character, Capacity, Caliber and Conduct. He asked students to innovate and become entrepreneurs of tomorrow. The government has created a very supportive start up ecosystem through various schemes such as Startup India, Standup India, MUDRA etc, he said and signed up asking the youth to take full advantage of it.