Must pull Indian economy out of 'gloom': Narendra Modi

Image
IANS Gandhinagar
Last Updated : Jan 15 2014 | 1:46 PM IST

Bharatiya Janata Party (BJP) prime ministerial candidate and Gujarat Chief Minister Narendra Modi Wednesday said there was an atmosphere of gloom in the Indian economy, and there was need to pull the country out of it.

"We need to come out of the current gloom and bridge the trust deficit in India. An atmosphere of confidence and trust is very important in India now," Modi said, addressing business leaders in Gandhinagar.

"Running away from decision-making will not help run a country," he said, taking an indirect jibe at the Congress-led coalition at the centre, which the BJP has accused of "policy paralysis".

The Gujarat chief minister said it was important to increase purchasing power to ensure growth.

*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: Jan 15 2014 | 1:42 PM IST

Next Story