Politics
PM Modi condemns vote bank politics, defends development
Speaking at the HT Leadership Summit, the Prime Minister highlighted his government's mantra of progress of the people, by the people and for the people, moving it away from divisive politics.
Modi said vote bank-driven policies had widened inequality in the past, eroding public trust in governance. Previously, governments had created plans to appease certain groups and secure electoral victories. This has led to an unbalanced system and growing inequality, he said.
He credited his administration with restoring confidence in governance through a development-centric approach.
Stability and vision for a developed India
Reflecting on the instability of the 1990s, when India faced five elections in a decade, Modi highlighted the contrast with the current political environment. At a time when instability dominates global politics, India has entrusted us with governance for a third consecutive term, he said.
The prime minister rejected the idea that good economics is bad politics, a view he attributed to the inefficiencies of past governments. This ideology has become an excuse for poor governance. Today, India is proving that good economics is actually good politics, he noted.
Modi outlined his government's broader mission to build a developed India. Our goal is far removed from vote bank politics. We aim for widespread progress, creating jobs through investment and ensuring dignity through development, he explained.
Infrastructure push and savings for citizens
Citing progress in public infrastructure, Modi highlighted the increase in capital expenditure from 2.25 lakh crore in 2013-14 to 11 lakh crore today. He noted that these funds are channeled into projects such as hospitals, schools, roads and railways.
He also highlighted the government's efforts to save citizens money, highlighting the 3.5 lakh crores saved through Direct Benefit Transfers (DBT) and the 1.1 lakh crores saved through Ayushman Bharat. Jan Aushadhi Kendras' affordable medicines brought savings of $30,000 million, while price control of stents and knee implants brought relief to patients.
Strengthen aspirations and risk-taking
Modi credited his administration with fostering a culture of innovation and risk-taking, as evidenced by over 1.25 lakh startups registered in the country. Indian society today is full of unprecedented aspirations, and we have made them the basis of our policies, he said.
Prime Minister Modi celebrated India's achievements over the past decade, emphasizing that the country's success inspires more ambitious goals. The 21st century belongs to India. With the trust of the people, we are building a future that combines growth, innovation and dignity for all, he concluded.
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