Good policy decisions made by the Modi government, the Indian economy has recovered the fastest in the world from the effects of the coronavirus pandemic, according to Home Minister Amit Shah.
Prime Minister Narendra Modi had envisioned that India would have great opportunities in the post-corona world, Shah said in his keynote address at the Hindustan Times Leadership Summit here.
"The Indian economy is the fastest to emerge from the corona impact across the globe as a result of the Modi government's policy decisions," said Shah, He further added that the government is keeping a close eye on developments surrounding the new coronavirus variant Omicron.
Despite the fact that the government committed Rs 15 lakh crore to be invested in improving health infrastructure over the next three years, provided free ration to 80 crore people, and provided free vaccination to 130 crore people, Shah said the fiscal deficit remained under control.
According to the home minister, the country has seen governments of the Congress and the NDA at the centre and in states, as well as socialists and communists in states, and now economists must compare which government performed better in terms of development through data analysis.
He claimed that the Modi government has put a human face on GDP. Shah elaborated on the point, asking economists whether providing drinking water and cooking gas to every household in the country, as well as the construction of 10 crore toilets, would increase GDP or not. Such policies, he claims, not only contribute to GDP growth but also to the resolution of people's problems.
“People who ridiculed lamp lighting, bell ringing, masks, are now silent because the corona war was fought by 130 crore people along with state and central governments unlike the rest of the world where only governments were tackling the pandemic. When history is written there will be no other leader in the world who managed to convince 130 crore people to remain indoors just by self-discipline,” said Shah.
Modi implemented policy reforms to improve manufacturing in the country, increase factory investment, and change the investment climate in order to boost economic activity following the pandemic.
He cited policy changes to boost the civil aviation sector, as well as the establishment of project development cells in each ministry, a dynamic ranking system to encourage healthy competition among states to attract investments, and schemes that have brought in Rs 2.25 lakh crore in investment to the country.