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Private sector must be allowed to grow,says PM Modi

Prime Minister Narendra Modai has lauded the collaborative efforts of the state and Centre in combating the Covid-19 disease outbreak. “We have witnessed during Covid-19 how central and state governments worked together in helping the nation to succeed that created a positive image of the country globally,” he said. Addressing the sixth meeting of the Niti Aayog on Saturday,, he said the private sector must be allowed to grow and the states and the Centre should both support them."We, as governments, have to provide private sector opportunities to take part in the mission of Aatmanirbhar Bharat (self-reliant India)," he said.

 Modi praised the Union Budget 2021-22 and said that the budget has expressed what the mood of the nation is. The country has made up its mind. The country wants to move fast, the country does not want to waste time now,” "In this year's budget, the fund provided for infrastructure is also being discussed a lot. It will help the economy of India and create a lot of employment opportunities. It will have a multiplier effect,” the PM said. He said that  the policy framework and cooperation between the Centre and states are also very important. "Coastal states are a fine example. Exports from the blue economy have unlimited opportunities. Why shouldn't our coastal states take extra initiatives for the same?" the PM asked. "For India's citizens, we must try and better Ease of Living. It will help us achieve the aspirations of Indians and make their lives better," he said.

The Prime Minister said the Central Government introduced PLI schemes for various sectors providing an excellent opportunity to increase manufacturing in the country. He urged the states to take full advantage of this scheme and attract maximum investment in themselves and also reap the benefits of reduced corporate tax rates.The sixth edition of the council has witness the entry of Ladakh and  participation of Jammu and Kashmir as a UT. Punjab Chief Minister Amarinder Singh and Bengal's Mamata Banerjee did not attend the meeting.


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