Indian enterprise will deliver sustained 8-9 percent growth: Modi

Image
IANS New Delhi
Last Updated : Sep 21 2014 | 8:15 PM IST

Prime Minister Narendra Modi Sunday said the entrepreneurial nature of over a million Indians is the basis of his belief that the country will be able to consistently achieve growth rates of 8-9 percent over a sustained period, and for which he has a clear road map.

"It is my absolute belief that Indians have unlimited talent. I have a lot of faith in the entrepreneurial nature of our 1.25 billion people. There is a lot of capability. And I have a clear road-map to channel it," Modi said in an exclusive interview to CNN's Fareed Zakaria.

The prime minister said that with both India and China together growing rapidly, "today's era once again belongs to Asia."

To a question whether China's disputes in the east China seas and the south China seas in recent years with Philippines and Vietnam worried him, Modi replied: "Look at how it has focused on economic development. It's hardly the sign of a country that wants to be isolated.

"It wants to stay connected. That is why we should have trust in China's understanding and have faith that it would accept global laws and will play its role in cooperating and moving forward."

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 21 2014 | 8:10 PM IST

Next Story