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Naidu praises Modi's passion for economic reforms


Press Trust of India  |  New Delhi 

Vice President M Venkaiah Naidu today praised Prime Minister Narendra Modi for his passion to reform the economy and bring transformation "everywhere", saying India was "again on the move" because of his leadership.

Speaking at a programme to mark 60 years of the Foreign Correspondents' Club of South Asia in New Delhi, Naidu said India withstood the effects of economic slowdown elsewhere in the world because of "the prime minister's passion for reforms".

"He wanted to bring transformation everywhere," he said.

The vice president said any reform leads to "temporary pain but long-term gain", apparently referring to the sudden government move to demonetise a bulk of currency notes in November 2016.

However, Naidu said, "India is once again on the move. I am confident that by going by the present situation India is moving ahead, thanks to the leadership."

"We have stability, a lot of ability. If you have stability and ability then you can have prosperity," he said.

He emphasised that even though India has been "ruled and ruined" by many, it has no history of attacking any country.

Naidu also suggested to the foreign correspondents there to first understand the country they are reporting about, rather than getting "carried away" by statements of political parties.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Sat, April 07 2018. 21:30 IST