World stunned by India's economic growth rate, says Shah

BJP president Amit Shah on Thursday said the world is "stunned" by India's rate of economic growth and also hailed as "unprecedented" the government decision to hike the Minimum Support Price (MSP) of kharif crops.

"The growth rate of 7.9 per cent during the last quarter of 2015-16 is not only highest in India in the recent years, but it is also higher than those of China, US, Russia and Brazil," Shah said, adding that India's economic feat has "stunned" the world.

Lauding the government's move to hike the Minimum Support Price (MSP) of kharif (summer) crops, particularly pulses, he said: "The Bharatiya Janata Party welcomes this step by the government and on behalf of crores of farming families thanks Prime Minister Narendra Modi for the same."

"This step by the government would help increase the production of pulses in the country. This in turn would decreases our dependence on imports and would save foreign exchange," Shah added.

He said the Modi government has shown during the last two years as to how a "corruption free and transparent government" is run.

"During the Congress rule, every other day a new scam would surface. The Congress government had become synonymous with corruption," he said.

Shah said that at present prestigious institutions like the International Monetary Fund (IMF) are praising India, global investors are "making a beeline" to the country and the Foreign Direct Investment was "continuousy increasing".

--IANS

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