High Job Potential Sectors To Be Opened Up For FDI: PM Modi


To a question about the Opposition accusing the government for being pro-corporate, while some in industry like Deepak Parekh say nothing is happening on ground, he said, “If opponents are accusing us of being pro-corporate but the corporates are saying we are not helping them, then I take it that our decisions and initiatives are pro-people and in the long-term interests of the nation”.

On the issue of making progress on the BJP’s election promise on stringent action against back blackmoney, he said the very first decision of the Government after taking office was to constitute the Special Investigation Team to pursue black money.

“This step had been pending for years with no action and we executed it in our very first Cabinet meeting. Subsequently, we have also brought a new Bill which will combat black money held abroad and it prescribes stiff penalties.

“Thanks to our efforts, an agreement was reached at the G-20 summit in November 2014 to curb tax evasion and in particular to exchange information between countries. This will help us to trace black money. These are very strong and concrete actions,” he said.

To a question on the agrarian crisis in the country, the Prime Minister said suicide by farmers has been a serious concern for several years.

“Political point-scoring through comparing how many suicides occurred under which government will not solve the problem. For a government of any party, and for every one of us, even one suicide is worrisome,” he said.

“We need to find where we have gone wrong and why we are not able to solve this over so many years. I have asked all parties for their suggestions to bring contentment and security to our farmers. I want to assure our farmers that this Government will never be found wanting in doing whatever is needed for their welfare,” he said.

Modi said there was a good beginning on bridging the trust deficit between Centre and States. “The NITI Aayog is acting as a catalyst to build a vibrant Centre-State partnership to take the nation forward. This spirit of partnership and team work is gradually increasing and the fruits will be seen in the coming years,” he said.

To a criticism that power is concentrated in the Prime Minister’s Office, he said the government has delegated more powers to individual Ministries so that decisions can be taken by them.

“The financial delegation for Ministries has been trebled. Devolution to the States has been increased and States have become full partners in governance through the NITI Aayog,” he said.
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Source: PTI