Modi govt@2: Have an enormous task ahead, says PM
'A path for accelerated growth has been set, what is needed now is that the state government pursue the changes.'
New Delhi: As he completes two years in office, Prime Minister Narendra Modi has responded to criticism over the slow pace of reforms to revitalise the Indian economy.
In an interview to the Wall Street Journal, PM Modi responded to the charge that he has failed to bring in big bang reforms, thereby dimming investor sentiment.
"When I came to the government, I used to sit down with all the experts and ask them to define for me what is the 'big bang' for them. Nobody could tell me," the PM said.
“I have actually undertaken the maximum reforms,” he said. However, he added a word of caution: “I have an enormous task ahead for myself.”
A path for accelerated growth has been set, what is needed now is that the state government pursue the changes, he said.
The Prime Minister listed out his government's achievements like opening up more of the economy to foreign investment and efforts to curb corruption, and making it easier to do business.
PM Modi also expressed hope that the Goods and Services Tax bill – stuck in Rajya Sabha as the government lacks a majority in the upper house - will be passed this year.
On India's foreign policy, PM Modi said, “Today, unlike before, India is not standing in a corner.”