NON BJP MAHA GATHBANDHAN IS A FAILED IDEA WHICH HAS NEVER SUCCEEDED IN THE PAST SAYS PM MODI

The prime minister Narendra Modi said that the BJP led NDA government at the centre despite having inherited double digit inflation, high revenue deficit, high fiscal deficit, a faulty banking system and stalled projects leading to a poor economy has expeditiously revitalised its efforts to navigate the economy back to the path of reforms thus encompassing and covering all the major areas.

The fiscal deficit that was 4.4% in 2013, 14 has been targetted to be brought down to 3.3% in the current fiscal year of 2018- 19. He added that together with the strong and robust policy of the Reserve Bank Of India the inflation rate has been brought down to 3.3% in the year 2017. The prime minister was answering the detailed written questionaire of the correspindents of Hindustan Times daily published in today’s edition i.e 13th August .

This was prime minister Narendra Modi’s second interview but in a written form after the first given to the news agency ANI.

Answering good number of questions on bilateral relations with Pakistan, US, China and on foreign policy matters including growth rate, his government’s overall performance, banking sector, UAE Israel binary, GST, IBC, bad loans and NPAs etc. prime minister Modi have given detailed written replies on all points , the interview having published in the centrespred (pages) of HT.

Dwelling in detail on the question of his visits to foreign countries and maintaining equilibrilum in the relations with China, US, Russia , UAE and Israel, Modi said that Diplomacy for Development was the key matra of his foreign policy and he always ensured that the development of the country, well beings of Indians and shared progress and prosperity in the world should be the central theme of India’s foreign policy.

Modi emphasised that his foreign trips with leading global businesses and economies amd diplomatic engagements have healthily contributed in accompanying a whopping business of 200 million US dollars in the Indian markets.

In addition, global giants from Russia, US and Saudi Arabia are investing about 35 billion US dollars in the energy sector alone thus adding to the phenomenal growth of Indian economy and subsequent employment generation opportunities in the country.

In the oil sector he catagorically said that the Indian companies have bagged stakes for the first time in oil fields in the middle east and many other competetive markets in the world.

Our partnerships to procure Uranium from many countries will help us sustain the country’s civil nucleur programme and promote science and technology and industry in India says prime minister Modi.

On the question of Arms purchase from Russia despite the waiver granted by US on all types of defence purchases and how does the prime minister manages to keep US happy, Narendra Modi replied: Both US and Russia are India’s long standing strategic partners.

Our relationships with them stands on the individual merits.We have time tested relationships with Russia. Our relations with the US has undergone a major transformation including in the spheres of security and defence. Therefore both the countries understand our legitimate interests, including our security interests says the prime minister.

In the context of India’s relationship with the new government headed by Imran Khan in Pakistan, prime minister Modi said: We hope democracy will take deeper roots in Pakistan. I congratulated Pakistan’s PM in waiting Imran Khan on his party’s resounding victory and hope that Pakistan will constructively work to build a strong, stable, safe and development oriented South Asia, free of terror and violence.

Replying to the question pertaining to Indo China relations despite the Doklam crisis, prime minister Modi said that both the countries always tried to resolve the border issues peacefully with not a single bullet having been fired from either side during the last four decades.

He added this reflects that both the nations are mature and capable enough of resolving differences peacefully.

Praising the Chinese premier Xi Jingping Modi said that he had met him several times during the last four years. Such frequent interactions on the sidelines of BRICS summit, East Asia Summit, G 2, meeting of the Shanghai cooperation organisation and Wuhan summit etc gives both the leaders an opportunity to interact freely and in candid atmosphere to understand each others’ concern without being forced into a diplomatic straitjacket.

On the question of the resolution of bad loans and NPAs ( non performing assets) the prime minister catagorically blamed the previous UPA government accusing them of disbursing huge loans calling the phenomena as telephonic banking.

He unambiguously put the blame for bad loans and NPAs on the UPA 2 government of Congress led by Dr.Manmohan Singh and said that the data shows that the gross advances of public sector banks increased almost threefolds in six years from 2008 to 2014 during the Congress regime resulting in the massive increase in the NPAs.

On the question of the non BJP coalition being build against him for the 2019 elections Narendra Modi said: A non ideological alliance of the disperate and disperete groups is not a Mahagathbandhan . It is a failed idea which has never succeeded in the past. The people of the country want a strong and decisive government that is sensitive to their interests and gives them results.
From the interview published in HT