9 years ago
Sep 09, 2017
BJP President Amit Shah interacts with business leaders at FICCI's national executive meeting.
We want to go beyond reforms to transformation.Amit Shah, National President, BJP
I believe cleaning banks’ balancesheets has been the greatest achievement of Modi government.
“We haven’t taken decisions keeping any vote bank in mind. We risked politcal setbacks to take decisions to improve India’s economy. And demonetisation is the best example of one such decision. A lot can be argued after RBI released the data. But I truly believe that formal economy has grown due to demonetisation. The money has come back into the system. Income tax officials will continue with their efforts. But the money which was lying in the lockers, safes and warehouses is being used for the welfare of the country.”
Shah said the ‘Pragati’ programme, where the Prime Minister interacts with state chief secretaries, has been instrumental in fast-tracking project approvals and speeding up execution of key initiatives.
- Direct benefit transfer beneficiaries rose from 8.5 crore in 2014 to 36 crore in 2017. That translated into subsidy savings of Rs 59,000 crore.
- 30 crore new bank accounts were opened. Seven crore people benefited from MUDRA Bank.
Any organization that has existed for as long as FICCI should periodically review its goals to stay relevant, said Shah.
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