He said the NDA government under the leadership of Prime Minister Narendra Modi has got the political will and resolve to initiate bold reforms to streamline the economy.
"...and we have done so in the form of GST and demonetisation," he said at a promotion camp for the Mudra Yojna here.
The Minister of State in the Prime Minister's Office also said the Centre is committed to change the fortunes of the underprivileged people in the country.
"Soon after being sworn in, PM Modi had stated that his government would work for the welfare of the poorest of the poor. Schemes such as Mudra and Jan Dhan Yojna will go a long way in improving the financial status of the poor in the country," he said.
"The demography of India has changed. Today 70 per cent of population is below 40 years of age. Today people cannot be befooled in the name of caste, region or religion because the youth do not have such prejudices," Singh said.
Later talking to reporters, the minister said things are moving towards better in Jammu and Kashmir, and added that peace and development share a reciprocal relationship.
"Certainly, the economic growth cannot be stopped, cannot be obstructed whatever be the circumstances. If peace gets hampered, the development process gets hindered but if development stops, peace also gets disturbed," he said.
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