New Delhi:
Prime Minister Narendra Modi on Saturday made a strong case for repealing archaic laws and making it easier to do business in India, stating that the center and states need to work closely to boost economic growth.
Addressing the sixth Governing Council meeting of Niti Aayog, the Prime Minister said that the private sector should be given full opportunity to become a part of the government’s Aatmanirbhar Bharat program.
”Centre and states should work together for the nation’s progress… The government has to respect and give due representation to the private sector for economic progress,” Modi said.
He said that the positive response to the Union Budget 2021-22 indicates that the country wants to move forward on the path of development at greater speed.
Modi said that the initiatives taken by the government would provide the opportunity for everyone to participate in nation-building to its full potential.
Referring to the farm sector, the Prime Minister said that efforts should be made to produce agricultural items like edible oil and reduce their imports.
”This can be done by guiding farmers,” he said, adding the money being spend on imports can go to the accounts of farmers,” he said.
The Prime Minister said government policies will help farmers raise productivity and cut imports, adding that reforms needed to provide funds and technology for the farm sector.
The Prime Minister also underlined the need for reducing the compliance burden and repealing obsolete laws.
He asked the states to form committees to reduce regulations that are no longer relevant in the wake of technology growth.
Modi said states should attract investment using a production-linked incentive (PLI) scheme.
He said the government is spending on infrastructure to boost demand and create jobs.
Further, the Prime Minister noted that bank accounts, free electricity, and gas connection, and proper vaccinations have brought changes in the lives of the poor.
Stressing on the need to strengthen start-ups and MSMEs, Modi said,” Aatmanirbhar Bharat is not just to make India self-reliant, but also to meet the world’s needs.” He also urged states to form committees to celebrate India’s 75th Independence Day.
The council of the apex body of Niti Aayog includes all chief ministers, lieutenant governors of Union Territories, several union ministers, and senior government officials.
